Rio Tinto has entered into a binding Heads of Agreement with Turquoise Hill Resources for an updated funding plan for the completion of the Oyu Tolgoi Underground Project in Mongolia. The Funding Plan addresses the estimated remaining known funding requirement of approximately $2.3 billion1, building on and replacing the arrangements established in [...]
Rio Tinto today released its 2020 Taxes paid: Our economic contribution report, which shows the company made a total direct economic contribution of $47 billion in the countries and communities where it operates, including $8.4 billion of taxes and royalties. Despite the widespread challenges of COVID-19 in 2020, the contribution was up from the [...]
Rio Tinto has commenced production of battery-grade lithium from waste rock at a lithium demonstration plant at the Boron mine site in California, United States. The demonstration plant is the next step in scaling up a breakthrough lithium production process developed at Boron, to recover the critical mineral and extract additional value out of [...]
International mining and metals company Rio Tinto and renewable energy technology company Heliogen today announced an agreement to explore the deployment of Heliogen's breakthrough solar technology at Rio Tinto's borates mine in Boron, California. This press release features multimedia. View the full release here [...]
Rio Tinto will today detail how it is working in partnership with Traditional Owners, host communities and independent groups to strengthen and improve its approach to cultural heritage and community relations. In virtual seminars, which will include presentations from Board and Executive Committee members as well as experts in the field, Rio Tinto [...]
Rio Tinto Ltd. will today issue an addendum to its 2021 notice of annual general meeting setting out two advisory resolutions requisitioned by two groups of shareholders as announced on 9 March 2021. As Rio Tinto's current approach is substantially consistent with both of the proposed resolutions, the Rio Tinto Board is recommending that [...]
Rio Tinto has signed an agreement to provide a first commercial batch of high-performance aluminium-scandium alloy from its North American operations to Amaero, a leader in metal additive manufacturing. This first sale is being delivered through Rio Tinto's unique position as a producer of both aluminium and scandium, and its technical capability [...]
Rio Tinto will begin construction on a new plant that will recover tellurium, a critical mineral used in solar panels, from copper refining at its Kennecott mine near Salt Lake City, Utah. Rio Tinto is investing $2.9 million to set up the plant, which will recover tellurium as a byproduct of copper smelting, extracting a valuable mineral from waste [...]
Rio Tinto will today issue notices for the 2021 annual general meetings of Rio Tinto Plc and Rio Tinto Ltd.. The notices will be available at www.riotinto.com/invest/shareholder-information/annual-general-meetings. Rio Tinto Ltd.'s notice of meeting will also be released to the ASX. Rio Tinto plc will hold its 2021 annual general meeting in London [...]
The Prospectors & Developers Association of Canada's 2021 Convention-the world's premier mineral exploration and mining event-will mark its 89th anniversary with a virtual convention on March 8-11, 2021. "The PDAC Convention is a must attend event for the world's mineral exploration and mining industry," says PDAC President Felix Lee who is [...]
Rio Tinto Chairman Simon Thompson has informed the Board that he will not seek re-election as a non-executive director at the 2022 annual general meetings of Rio Tinto Plc and Rio Tinto Ltd.. Sam Laidlaw, senior independent director of Rio Tinto plc, and Simon McKeon, senior independent director of Rio Tinto Ltd., will now therefore jointly lead [...]
Rio Tinto has to date awarded contracts valued at over $385 million to local Western Australian and Pilbara Aboriginal businesses to support the latest development of its Greater Tom Price Operations. Construction of the Western Turner Syncline Phase 2 expansion commenced in early 2020 and to date more than 85 per cent of spending on the project [...]