Rio Tinto plc Sponsored

Rio Tinto Plc engages in the exploration, mining, and processing of mineral resources. It operates through the following business segments: Iron Ore, Aluminium, Copper and Diamonds, Energy and Minerals, and Other Operations. The Iron Ore segment supplies global seaborne iron ore trade. The Aluminium segment produces bauxite, alumina and primary aluminum. The Copper and Diamonds segment offers gold, silver, molybdenum and other by-products. The Energy and Minerals includes businesses with products such as uranium, borates, salt and titanium dioxide feedstock together with coal operations. The Other Operations segment covers the the curtailed Gove alumina refinery and Rio Tinto Marine operations. Rio Tinto was founded in 1873 and is headquartered in London, the United Kingdom.

Rio Tinto Plc engages in the exploration, mining, and processing of mineral resources. It operates through the following business segments: Iron Ore, Aluminium, Copper, and Minerals. The Iron Ore segment supplies iron ore mining and salt and gypsum production. The Aluminium segment produces bauxite, alumina and primary aluminum. The Copper segment offers gold, silver, molybdenum and other by-products. The Minerals includes businesses with products such as uranium, borates, salt and titanium dioxide feedstock together with coal operations. The Other Operations segment covers the curtailed Gove alumina refinery and Rio Tinto Marine operations. The company was founded in 1873 and is headquartered in London, the United Kingdom.

Rio Tinto Ltd (LSE:RIO, ASX:RIO, OTC:RTNTF) said the final green lights have been given for the $11.6 billion development of the Simandou high-grade iron ore deposit in Guinea. First production from the Simfer mine is expected in 2025, ramping up over 30 months to an annualised capacity of 60 million tonnes per year, with Rio's share to be 27 million tonnes a year.

Rio Tinto hails final green light for $12bn Guinea iron ore project

MELBOURNE, Australia--(BUSINESS WIRE)--Rio Tinto Chief Executive Jakob Stausholm said: “Our operational performance continues to progress. While there are still significant improvements ahead, we are beginning to see a step-change in production, including from our Queensland bauxite business following the roll-out of the Safe Production System. "We are growing with discipline in the materials the world needs for the energy transition. Construction of the Simandou high grade iron ore project in.

Rio Tinto releases second quarter production results

Rio Tinto on Monday said it has initiated a "coordinated shutdown" at the Iron Ore Company of Canada in Newfoundland and Labrador in response to an evacuation order issued by the local government over wildfires.

Rio Tinto shuts iron ore mine in eastern Canada amid wildfires

Rio Tinto Ltd (LSE:RIO, ASX:RIO, OTC:RTNTF) should abandon plans to develop the Jadar lithium project in Serbia and instead buy Aussie-listed Arcadium (LTM), or so believes Citi. The US bank had previously noted that Arcadium was trading well below replacement value, which might make it a more economical option than its own plans.

Rio Tinto should drop lithium plans and buy instead, Citi argues

Australia's Rio Tinto said on Monday it has agreed to develop an 80 megawatt (MW) solar farm to facilitate the supply of renewable energy to its operations in Western Australia's Pilbara region.

Australia's Rio Tinto to pursue development of solar farm for WA iron ore ops

Vale S.A.

MELBOURNE, Australia--(BUSINESS WIRE)--Rio Tinto extends its condolences and deepest sympathies to the family of former Conzinc Riotinto of Australia Limited (CRA) Chief Executive, Chairman and Managing Director Sir Roderick Carnegie AC, who passed away on 14 July 2024 in Melbourne, aged 91. Sir Rod made a profound contribution to Rio Tinto throughout his time with the company. Under his leadership in the 1970s and 1980s, Rio Tinto discovered the Argyle Diamond Mine in Western Australia, rapidl.

Vale, Sir Roderick Carnegie AC – Rio Tinto statement

PERTH, Australia--(BUSINESS WIRE)--Ngarluma Aboriginal Corporation (NAC) and Rio Tinto have agreed to pursue the development of an 80MW solar farm on Ngarluma Country, near Karratha, to supply renewable energy to the company's iron ore operations in Western Australia's Pilbara region. The solar farm is the first proposed project the Ngarluma people and Rio Tinto will pursue after a memorandum of understanding was signed to explore opportunities for renewable energy projects on Ngarluma Country.

Ngarluma and Rio Tinto to progress renewable energy project

Teck Resources

In a move that could significantly reshape the mining industry, Rio Tinto, the global mining giant listed in London and Sydney, is reportedly considering buying Teck Resources.  Following BHP's unsuccessful £24.7 billion bid for Anglo American, Rio Tinto has been evaluating potential targets, with the Canadian mining firm at the forefront.

Rio Tinto considers $32 billion acquisition of Canadian mining giant Teck Resources

PERTH, Australia--(BUSINESS WIRE)--Rio Tinto will contribute A$20 million to the Western Australian Government towards the major redevelopment of the Paraburdoo Hospital, in the state's Pilbara region. The partnership will see the ageing Paraburdoo Hospital upgraded with contemporary purpose-built facilities to support medical services for the local community, including new rooms for the GP. Rio Tinto's contribution to the Paraburdoo Hospital will come from the company's A$250 million commitmen.

Rio Tinto contributes A$40 million towards Paraburdoo and Tom Price Hospitals

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Rio Tinto (RIO) builds a solar power plant that will power its Diavik Diamond Mine in Canada and help cut down annual diesel consumption at the mine by 1 million liters per year.

Rio Tinto (RIO) Builds Solar Power Plant at Diavik Mine

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VANCOUVER, British Columbia, July 03, 2024 (GLOBE NEWSWIRE) -- Saga Metals Corp. (the “Company” or “Saga”), a North American exploration company focused on critical mineral discovery in Canada, is pleased to announce the execution of an option to joint venture agreement on June 27, 2024 (the “Option Agreement”) with Rio Tinto Exploration Canada Inc. (“RTEC”) for its Legacy Lithium Project in the renowned James Bay Lithium District. The Legacy Lithium Project is located in Quebec's Eeyou Istchee James Bay region (See “Lithium Neighborhood” Map below).

SAGA Metals and Rio Tinto Sign Option to Joint Venture Agreement for Lithium Asset in Eastern James Bay, Québec

NHULUNBUY, Australia--(BUSINESS WIRE)--Two new 5.25MW solar farms will be built on Gumatj and Rirratjingu country on the Gove Peninsula in the Northern Territory, as Rio Tinto works to secure a more sustainable power supply for the region beyond mining. The solar farms will be built on Rio Tinto leases, following agreement with the Gumatj and Rirratjingu Traditional Owner Groups on the location of the facilities, and will help underpin a low-carbon future for the Gove community after mining ope.

Two new solar farms for Gove Peninsula as Rio Tinto works to secure more sustainable power

YELLOWKNIFE, Canada--(BUSINESS WIRE)--Rio Tinto's Diavik Diamond Mine has completed installation of its 3.5 megawatt capacity solar power plant in Canada's Northwest Territories. The project represents the largest off-grid solar power plant across Canada's territories. The 6,620-panel facility is expected to generate 4.2 million kilowatt-hours of solar energy annually, reducing diesel consumption at Diavik by one million litres per year and cutting greenhouse gas (GHG) emissions by 2,900 tonnes.

Rio Tinto completes construction of its solar power plant at Diavik Diamond Mine

Rio Tinto Ltd (LSE:RIO, ASX:RIO, OTC:RTNTF) has entered negotiations to prevent a strike at its Oyu Tolgoi copper mine in Mongolia. The potential strike is due to a dispute over worker salaries and benefits.

Rio Tinto seeks to prevent strike at Mongolian copper mine

Rio Tinto (RIO) is set to deploy carbon-free aluminum smelting cells using the first ELYSIS license at its smelter in Canada, a significant step in its efforts to decarbonize its aluminum operations.

Rio Tinto (RIO) Invests $179M in Carbon-Free Aluminum JV

Global miner Rio Tinto is negotiating with workers at its Oyu Tolgoi copper operations in Mongolia to avert further industrial action over a sharp drop in wages that triggered an earlier strike in May.

Rio Tinto in talks to avert strike at Mongolian copper mine

Scores of people in western Serbia's town of Loznica rallied on Friday to protest the contested Rio Tinto lithium project in the Balkan country, fearing its development will damage the environment.

Serbia's green activists rally against Rio Tinto lithium project

MONTRÉAL--(BUSINESS WIRE)--Rio Tinto will install carbon free aluminium smelting cells at its Arvida smelter in Québec, Canada, using the first technology licence issued by the ELYSIS joint venture. This investment will support the ongoing development of the breakthrough ELYSISTM technology and allow Rio Tinto to build expertise in its installation and operation. Rio Tinto will design, engineer, and build a demonstration plant equipped with ten pots operating at 100 kiloamperes (kA). The plant.

Rio Tinto to install carbon free aluminium smelting cells using first ELYSISTM technology licence

Dublin, June 25, 2024 (GLOBE NEWSWIRE) -- The "Boron Market Trends: Trends, Opportunities and Competitive Analysis [2024-2030]" report has been added to ResearchAndMarkets.com's offering. The future of the global boron market looks promising with opportunities in the building and construction, electrical and electronics, pharmaceutical, consumer, and agriculture industries.

Global Boron Market Forecast Report, 2030: A Projected $2.8 Billion Opportunity Dominated by Eti Maden, Rio Tinto, and Rose Mill Co.

Rio Tinto is among the most attractive high dividend plays in the basic materials sector with a current yield of 6.6%. From an operation point of view, there are no immediate risks for the dividend as management steers the business in the right direction. The main risks for the dividend are related to external macroeconomic factors which are slowly being negated.

Rio Tinto: Attractive Dividend Play, If You Accept Certain Short-Term Risks

Rio Tinto Group is a large mining corporation with a market capitalization of over $100 billion, susceptible to changes in ore prices but generating strong cash flow. Despite facing changing demand and market conditions, Rio Tinto continues to focus on strong financial performance and resilient results, paying high dividends to shareholders. The company is investing heavily in growth projects like Oyu Tolgoi and Simandou to support continued earnings growth and drive strong shareholder returns in a volatile cycle.

Rio Tinto Continues To Support The Energy Transition

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