Rio Tinto Chief Executive Jakob Stausholm said: "We are building a stronger Rio Tinto and delivering against our four objectives. Our operational performance has improved, as evidenced by a number of second half records being set at our Pilbara iron ore mine and rail system. We are also investing for the future, doubling our stake in the Oyu Tolgoi [...]
Gone are the days when premium car buyers simply looked for speed, style, and luxury. Today, there's increasing interest in the origin, sustainability and emissions profile of the materials used to build their cars. The new mantra for the high-end auto industry is "green is the new black." From the leather used for upholstery to the metals used for [...]
Rio Tinto expresses its gratitude to the Western Australia's Department of Fire and Emergency Services for coordinating the successful search effort to locate a missing capsule lost while in transit from the company's Gudai-Darri iron ore mine in the Pilbara, Western Australia. Rio Tinto would also like to thank the specialist search crews from the [...]
The Naskapi Nation of Kawawachikamach and the Iron Ore Company of Canada today signed an agreement to establish a mutually beneficial relationship based on dialogue, collaboration and trust between the company and the community over the coming decades. The agreement was named "Aganow", which refers to "iron ore" in the Naskapi language. This [...]
Rio Tinto venture Nuton LLC has completed an arm's length non-brokered private placement financing with Regulus for a strategic investment of US$15 million . Pursuant to the Financing, Nuton was issued 20,058,974 common shares in the capital of the Company at an issuance price equal to C$1.02 per Common Share. Upon completion of the Financing [...]
Rio Tinto Chief Executive Jakob Stausholm, said: "We were fatality free for the fourth consecutive year, as we continue to put safety at the forefront of everything we do. A number of operational records were achieved in the second half across the Pilbara iron ore mine and rail system. Deployment of our Safe Production System resulted in improved [...]
Rio Tinto has donated $2 million to the Lord Mayor's Distress Relief Fund to support Kimberley communities left devastated by the catastophic flooding event generated by ex-Tropical Cyclone Ellie. Employee donations to the Lord Mayor's Distress Relief Fund, which opened today, will also be matched dollar-for-dollar by Rio Tinto. Rio Tinto Iron Ore [...]
Rio Tinto has appointed Kaisa Hietala as a non-executive director. Ms Hietala, a Finnish citizen, will join the Board on 1 March 2023. Ms Hietala is an experienced executive with a strong track record of helping companies transform the challenges of environmental megatrends into business opportunities and growth. She began her career in upstream [...]
Rio Tinto has completed its acquisition of Turquoise Hill Resources Ltd. for a consideration of approximately $3.1 billion1, simplifying its ownership of the world-class Oyu Tolgoi mine in Mongolia, significantly strengthening Rio Tinto's copper portfolio, and demonstrating its long-term commitment to the project and Mongolia. Rio Tinto now holds a [...]
Today, Rio Tinto held a site visit for the financial community to our Bundoora Technical Development Centre in Melbourne, Australia. The associated presentation can be found on our website via the link below: https://www.riotinto.com/en/invest/presentations View source version on businesswire.com [...]
Rio Tinto is today providing an update at its Investor Seminar on progress against its long-term strategy to strengthen the business, grow in a decarbonising world and continue to deliver attractive shareholder returns. Updates will include Rio Tinto's market outlook, with the energy transition expected to add as much as 25% in new demand above [...]
Rio Tinto is planning to invest a further $600 million in renewable energy assets in the Pilbara as part of the company's efforts to decarbonise its Western Australian iron ore operations. The investment will fund the construction of two 100MW solar power facilities as well as 200MWh of on-grid battery storage in the Pilbara by 2026. This is in [...]
