Rio Tinto has entered into definitive agreements with GravitHy, an early-stage industrial company, to help accelerate GravitHy's steel decarbonisation project in France. As part of this collaboration, Rio Tinto will supply high-grade direct reduction iron ore pellets from its Iron Ore Company of Canada operations to GravitHy's planned operation, as well as manage the sales and marketing of ultra-low carbon Hot Briquetted [...]
Rio Tinto has approved construction of a new 25-megawatt solar plant at its Kennecott copper operation in Utah, bringing the mine's total solar capacity to 30MW. The new solar plant will be located next to Kennecott's existing 5MW solar plant, which was completed in 2023. Together, the two solar plants will reduce Kennecott's Scope 2 emissions by approximately 6%, or 21,000 tons of carbon dioxide equivalent per year. This [...]
Palantir Technologies Inc. has renewed its multi-year enterprise agreement with the Rio Tinto Group, one of the world's leading mining and metals groups . The agreement extends the enterprise agreement for an additional 4 years and secures Rio Tinto's ongoing access to the Palantir Artificial intelligence Platform . As an early adopter of Palantir Foundry , Rio Tinto has already primed its operational landscape for the [...]
Rio Tinto will partner with China's State Power Investment Corporation to demonstrate battery swap electric haul truck technology at the Oyu Tolgoi copper mine in Mongolia. Battery swapping technology allows a battery electric vehicle to quickly exchange a discharged battery pack for a fully charged one, instead of recharging the vehicle at a static charging station. The technology is already applied on haul trucks in [...]
Rio Tinto's previously announced acquisition of Sumitomo Chemical Company's 20.64% interest in New Zealand Aluminium Smelters was completed on 1 November 2024. NZAS owns and operates the Tiwai Point aluminium smelter in New Zealand. Following completion of the transaction, NZAS is now wholly owned by Rio Tinto. Rio Tinto Aluminium Pacific Operations Managing Director Armando Torres said: "We are pleased the acquisition of [...]
Rio Tinto has completed the transition from conventional to renewable diesel for all heavy mining equipment at its Kennecott copper mine in Utah, giving the mine one of the lowest carbon footprints of any copper producer in the United States. Kennecott's fleet of 97 haul trucks and heavy machinery equipment at the mine, concentrator, smelter, refinery and tailings are now all fueled by renewable diesel1 sourced in the [...]
Rio Tinto is deeply saddened to confirm that an employee from a contracting company has died following an incident on Saturday at the SimFer port site on the Simandou project in Morebaya, Guinea. Rio Tinto Chief Executive Jakob Stausholm said: "Our deepest condolences go to the family, friends, colleagues and communities affected by this tragedy. Our focus is on offering all possible support during this difficult time [...]
Rio Tinto Chief Executive Jakob Stausholm said: "We continue to strengthen our operations, with the roll-out of the Safe Production System delivering consistent production at our Pilbara iron ore business and a step change from our Australian bauxite mines. We are building on this, with more work to do across our global portfolio. "We progressed our major projects to deliver profitable organic growth. We are on track for [...]
Rio Tinto today confirmed that it has made an approach to Arcadium Lithium regarding a potential acquisition of Arcadium Lithium by Rio Tinto. The approach is non-binding and there is no certainty that any transaction will be agreed to or will proceed. Rio Tinto will not make further comment until or unless an update is appropriate. IMPORTANT INFORMATION This communication is not intended to and does not constitute an [...]
Rio Tinto has launched its 2024 Beyond Rare™ Tender, the second in its Art Series offering, showcasing 48 lots of extraordinarily rare masterpieces of nature from its diamonds business. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20241002558737/en/ The 2024 Rio Tinto Argyle Tender Art Series Collection Titled Colour Awakened, this collection is headlined [...]
Rio Tinto's previously announced acquisition of Mitsubishi Corporation's 11.65% interest in Boyne Smelters Limited was completed on 30 September 2024. BSL owns and operates the Boyne Island aluminium smelter in Gladstone, Australia. Following completion of the transaction, Rio Tinto's interest in BSL is now 71.04%. Rio Tinto looks forward to continuing to work with its BSL joint venture partners and other stakeholders on [...]
Rio Tinto is hosting a site visit for the financial community this week to its Aluminium and Iron & Titanium operations in Quebec, Canada. The visit will showcase the world-class, hydro-powered aluminium smelters in the Saguenay, including the Shipshaw Power Station and construction progress at the low-carbon AP60 smelter, and the Iron & Titanium facility at Sorel-Tracy, the world's largest critical minerals and [...]
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