Rio Tinto has today completed the acquisition of PanAmerican Silver's stake in Agua de la Falda and entered a joint venture with Corporación Nacional del Cobre de Chile to explore and potentially develop the company's assets in Chile's prospective Atacama region. The acquisition, announced on 1 August 2023, comprises a 57.74% operating stake in [...]
Rio Tinto and cable solution provider Prysmian are partnering to build a more sustainable North American supply chain for materials needed to expand power grids for the energy transition. Power generation from renewables in the U.S. is expected to increase from 21% in 2021 to 44% in 20501, requiring significant investments in power grids and [...]
Rio Tinto and Yindjibarndi Energy Corporation have signed a memorandum of understanding to explore opportunities to collaborate on renewable energy projects on Yindjibarndi country in the Pilbara region of Western Australia. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20231020839231/en [...]
Rio Tinto Chief Executive Jakob Stausholm said: "We delivered another quarter of progress and maintained momentum at our Pilbara iron ore operations. We continued to make good headway ramping up our Oyu Tolgoi high-grade underground copper mine, our Kitimat aluminium smelter returned to full production, and we safely restarted the smelter and [...]
The Bell Centre, home of the Montreal Canadiens, is set to introduce infinitely recyclable cups made from aluminium produced in the Saguenay - Lac-Saint-Jean region, in Québec, for use at sporting and entertainment events thanks to a new partnership between Rio Tinto and the Montreal Canadiens. This press release features multimedia. View the full [...]
Rio Tinto's Iron Ore Company of Canada has announced a major donation of CAN$4 million over two years to the Cégep de Sept-Îles in Quebec, Canada for the construction of its new pavilion for training, research and innovation in the railway, industrial maintenance and energy intelligence industries. The initiative is part of a long-standing [...]
Rio Tinto has appointed Jérôme Pécresse to lead its Aluminium business, succeeding Ivan Vella. Jérôme, who was until recently President and CEO of General Electric Renewable Energy, will join Rio Tinto on 23 October 2023. Jérôme is a French citizen with over 30 years of business experience, including senior leadership roles in global companies in [...]
Rio Tinto and First Quantum Minerals have completed a transaction to form a joint venture that will work to unlock the development of the La Granja project in Peru, one of the largest undeveloped copper deposits in the world. La Granja is a complex orebody located at high altitude in Cajamarca, Northern Peru, that has the potential to be a large [...]
Rio Tinto and the Simfer1 joint venture reached an important milestone today by concluding key agreements with the Republic of Guinea and Winning Consortium Simandou2 on the trans-Guinean infrastructure for the world class Simandou iron ore project. The Co-Development Convention with the Republic of Guinea and associated agreements adjusting Simfer [...]
Rio Tinto's Diavik Diamond Mine will build the largest solar power plant across Canada's territories, featuring over 6,600 solar panels that will generate approximately 4,200 megawatt-hours of carbon-free electricity annually for the mine. The solar power plant will provide up to 25% of Diavik's electricity during closure work that will run until [...]
Rio Tinto has today disclosed detailed information on 14 of its global tailings facilities and their progress towards conformance with the Global Industry Standard on Tailings Management . These tailings facilities are those rated Very High or Extreme under GISTM classifications, based on the highest potential consequences in the extremely unlikely [...]
Rio Tinto has agreed to purchase PanAmerican Silver's stake in Agua de la Falda S.A. , a company with exploration tenements in Chile's prospective Atacama region, and to enter a joint venture with Corporación Nacional del Cobre de Chile to explore and potentially develop Agua de la Falda's assets. Under the agreement, Rio Tinto will acquire [...]