Articles from Rio Tinto

Rio Tinto and Hydro will join forces to identify and evaluate available carbon capture technologies for future implementation in the aluminium electrolysis process. The companies have signed a partnership agreement that provides for the sharing of certain information, results and costs covering specific R&D activities from lab tests with external suppliers to larger, on-site pilots, with the aim of creating improved offerings of commercially viable carbon capture technologies from relevant suppliers.

Tropical Cyclone Sean delivered record rain along parts of the Pilbara coastline of Western Australia, impacting Rio Tinto rail and port operations.

Rio Tinto welcomes the Australian Government's announcement of an aluminium production credit to help sustain and grow aluminium smelting in Australia, and significantly advance both regional communities and the nation's manufacturing capabilities.

Rio Tinto Chief Executive Jakob Stausholm said: “Our operating performance in 2024 was good, consistent with our ongoing commitment to strengthen the business as we execute our strategy to deliver profitable growth. The implementation of our Safe Production System has again contributed to greater consistency across key operations, including our iron ore assets in the Pilbara and our bauxite operations in Australia, where Amrun and Gove achieved record annual production.

The University of Northern British Columbia and Rio Tinto have expanded a partnership to advance vital research into the impacts of climate change on water security and freshwater fishes in the Nechako Watershed.

It is with great sadness that Rio Tinto confirms that Mr Gel Aguaviva, a deck fitter on board its bulk carrier RTM Zheng He, was reported missing on 26 December 2024, while the vessel was traveling from China to Western Australia.

Rio Tinto has appointed Georgie Bezette as its new Chief People Officer, succeeding James Martin, who will retire at the end of this year.

Australia’s two largest iron ore miners and its biggest steelmaker have selected the Kwinana Industrial Area, south of Perth, as the location to develop Australia’s largest ironmaking electric smelting furnace1 (ESF) pilot plant.

As part of a research and development program, Rio Tinto is assessing the potential for extracting and valorising gallium, a critical and strategic mineral already present in the bauxite processed in its alumina refinery in Saguenay–Lac-Saint-Jean, the only one in Canada.

Rio Tinto has approved $2.5 billion1 to expand the Rincon project in Argentina, the company’s first commercial scale lithium operation, demonstrating its commitment to building a world-class battery materials portfolio.

On National Day of Remembrance and Action on Violence Against Women and as part of the 16 Days of Activism against Gender-Based Violence, Rio Tinto is reinforcing its commitment to addressing domestic and family violence by extending support to local organisations across Canada. For the fifth consecutive year, Rio Tinto is partnering with organisations that provide shelters, counselling, education, training, and activities to help women, children, and members of the 2SLGBTQ+ community rebuild their lives.

As a member of the Panguna Mine Legacy Impact Assessment (PMLIA) Oversight Committee, Rio Tinto today welcomed the release of the PMLIA report as a critical step forward in building understanding of the long-term legacy impacts of the former mine in Bougainville.

Rio Tinto will today hold its 2024 Investor Seminar in London, where it will provide updates on its strategy of investing for a stronger, more diversified and growing portfolio to ensure the long-term delivery of attractive shareholder returns.

Rio Tinto has entered into a partnership agreement with the Swedish investment company Vargas, Mitsubishi Corporation and other international and local industry partners to study a low carbon aluminium greenfield opportunity in Finland.

Rio Tinto and Sumitomo Metal Mining (SMM) have signed a Term Sheet for a Joint Venture to deliver the Winu copper-gold project, located in the Great Sandy Desert region of Western Australia.

Rio Tinto today published the findings of an independent, external Progress Review on its work to deliver sustained workplace cultural change across its global operations.

Rio Tinto notes the announcement today by Energy Resources of Australia Ltd (ERA) in relation to the conclusion of its entitlement offer and shortfall bookbuild, which raised A$766.5 million (before costs) to fund planned rehabilitation activities of the Ranger Project Area.

Rio Tinto, Bougainville Copper Limited and the Autonomous Bougainville Government (ABG) have signed a Memorandum of Understanding (MoU) to form a Roundtable to address the findings of the Panguna Mine Legacy Impact Assessment (PMLIA).

Rio Tinto has committed $16 million to the Makira Natural Park REDD+1 Project in northern Madagascar, through a new partnership with the Wildlife Conservation Society (WCS) and Everland. This commitment complements Rio Tinto’s investment in nature-based solutions in the south-east of the country.

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 (IOC) operations to GravitHy’s planned operation, as well as manage the sales and marketing of ultra-low carbon Hot Briquetted Iron (HBI) GravitHy produces.

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.

Rio Tinto will partner with China’s State Power Investment Corporation (SPIC) to demonstrate battery swap electric haul truck technology at the Oyu Tolgoi copper mine in Mongolia.

Rio Tinto’s previously announced acquisition of Sumitomo Chemical Company’s (SCC’s) 20.64% interest in New Zealand Aluminium Smelters (NZAS) was completed on 1 November 2024. NZAS owns and operates the Tiwai Point aluminium smelter in New Zealand.

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.

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: “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.

THIS ANNOUNCEMENT AND THE INFORMATION CONTAINED HEREIN ARE NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, DIRECTLY OR INDIRECTLY, IN, INTO OR FROM ANY JURISDICTION IN WHICH SUCH RELEASE, PUBLICATION OR DISTRIBUTION WOULD BE UNLAWFUL

Rio Tinto today confirmed that it has made an approach to Arcadium Lithium regarding a potential acquisition of Arcadium Lithium by Rio Tinto.

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.

Rio Tinto’s previously announced acquisition of Mitsubishi Corporation’s (Mitsubishi) 11.65% interest in Boyne Smelters Limited (BSL) was completed on 30 September 2024. BSL owns and operates the Boyne Island aluminium smelter in Gladstone, Australia.

Rio Tinto is hosting a site visit for the financial community this week to its Aluminium and Iron & Titanium operations in Quebec, Canada.

Rio Tinto will develop Pongamia seed farms in Australia as part of a new biofuels pilot. The project will explore the potential of Pongamia seed oil as a feedstock for renewable diesel, a cleaner alternative to traditional fossil fuels.

Art enthusiasts from Western Australia and beyond are invited to experience the stories and culture of Pilbara Aboriginal artists at the annual Colours of our Country exhibition.

Rio Tinto’s Iron Ore Company of Canada (IOC) is celebrating its 70th anniversary, marking seven decades as a leading North American producer and exporter of premium iron ore pellets and high-grade concentrate. Over its history, IOC has been a pioneer in responsible iron ore production, making substantial contributions to the economy and local communities. This milestone reflects a legacy of innovation, excellence, and enduring commitment to the Labrador Trough region.

The Queensland Government and Rio Tinto will work together to safeguard a pillar of the State’s heavy industrial manufacturing base around Gladstone under a partnership to support investment in renewable energy projects.

Rio Tinto (LSE:RIO) (ASX:RIO):

Rio Tinto and Aymium have formed a new joint venture named Évolys Québec Inc. to manufacture a renewable metallurgical biocarbon product to reduce carbon emissions in large scale industrial processes. This biocarbon, sourced from biomass residues, offers an alternative for anthracite currently used in ilmenite smelting processes at Rio Tinto’s metallurgical complex in Sorel-Tracy.

Rio Tinto’s Iron Ore Company of Canada (IOC) has donated CAN$125,000 to the Canadian Red Cross to support relief efforts following the recent wildfires in the Labrador West region and has committed an additional CAN$75,000 to support community organizations assisting with the recovery phase.

Rio Tinto today celebrates the shipment of 4 billion tonnes of iron ore from the Pilbara in Western Australia to China.

Rio Tinto has appointed Katie Jackson to lead its Copper business, succeeding Bold Baatar, who as previously announced, will become Chief Commercial Officer later this year.

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.

All conditions have now been satisfied for Rio Tinto’s investment to develop the Simandou high-grade iron ore deposit in Guinea, including the completion of necessary Guinean and Chinese regulatory approvals. The transaction is expected to complete during the week of 15 July 2024.

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.

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.

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 Australian Institute of Aboriginal and Torres Strait Islander Studies (AIATSIS) has officially unveiled the AIATSIS Centre for Australian Languages and the ‘Our Languages Keep Us Strong’ program, which is dedicated to protecting and preserving Indigenous Australian cultures and knowledge.

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.

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.

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 has agreed to acquire Mitsubishi Corporation’s 11.65% interest in Boyne Smelters Ltd (BSL), which owns and operates the Boyne Island aluminium smelter in Gladstone, Australia.

Richards Bay Minerals (RBM) has signed a renewable power purchase agreement (PPA) with Khangela Emoyeni Wind Farm (Pty) Ltd to secure 140MW of wind energy from a new wind farm situated in the Western and Northern Cape Province. The project is expected to reduce RBM’s annual carbon emissions by 20%.

Rio Tinto will invest A$8 million over five years in a partnership with Western Australia’s Department of Biodiversity, Conservation and Attractions (DBCA) on a new project to enhance conservation land management and support Traditional Owner ranger programs in Karijini and Millstream Chichester National Parks.

Rio Tinto will invest US$143 million (A$215 million) to develop a research and development facility in Western Australia to further assess the effectiveness of its low-carbon ironmaking process, BioIronTM, to support decarbonising the global steel value chain.

New Zealand Aluminium Smelters (NZAS) has signed 20-year electricity arrangements that secure the future of the Tiwai Point aluminium smelter to continue competitively producing high-purity, low-carbon metal, backed by a diversified mix of renewable electricity from New Zealand’s South Island.

In an industry first, Rio Tinto and BHP will collaborate on the testing of large battery-electric haul truck technology in the Pilbara, Western Australia, to accelerate the potential for its future deployment.

Rio Tinto’s Iron Ore Company of Canada (IOC) has won the Towards Sustainable Mining (TSM) Environmental Excellence Award for its contributions to the Abandoned Site Rehabilitation Partnership: Nitassinan Cleanup project. This collaborative initiative, undertaken in partnership with the First Nations of Quebec and Labrador Sustainable Development Institute (FNQLSDI), focuses on the remediation of legacy dumpsites within Nitassinan, the ancestral territory of Innu Nation of Uashat Mak Mani-Utenam, which were not the result of IOC activities, with the goal of restoring the land to its original state.

Rio Tinto has donated US$1.5 million to the Icelandic Red Cross to support the people and community of Grindavík in Iceland, who have been impacted by months of volcanic eruptions.

Rio Tinto Chief Executive Jakob Stausholm said: “We have been deeply affected by the loss of four Diavik colleagues and two airline crew members in a plane crash in January. This tragedy has strengthened our resolve to never be complacent about safety.

Rio Tinto increased its spend with suppliers and local businesses in Australia to more than A$16.1 billion in 2023, as part of the company’s ongoing commitment to support communities where it operates.

Rio Tinto continues to increase its contribution in Western Australia to support local jobs and economies, with the company boosting spending with local businesses near its operations by almost 40 per cent from a year earlier.

Rio Tinto is teaming up with a leading global venture studio and start-up investor to back the development and commercialisation of breakthrough technologies in the mining industry, supporting the company’s efforts to find better ways to provide the materials the world needs.

The Yinhawangka Aboriginal Corporation and Rio Tinto have collaborated to design a new program aimed at protecting and preserving Yinhawangka culture and supporting a strong, healthy and connected Yinhawangka People.

Rio Tinto has appointed Bold Baatar to the role of Chief Commercial Officer, to lead the Group’s commercial and business development activities globally. Bold will succeed Alf Barrios as Chief Commercial Officer, following his decision to retire from Rio Tinto.

Rio Tinto will manage the Ranger Rehabilitation Project in Australia’s Northern Territory on behalf of Energy Resources of Australia Ltd (ERA), under a new Management Services Agreement (MSA) signed today.

Rio Tinto has published its 2023 Taxes and Royalties Paid Report, which details $8.5 billion of taxes and royalties paid globally during the year.

Rio Tinto Exploration Canada Inc. (“RTEC”) is pleased to announce that it has acquired 108,204,112 common shares in the capital of Star Diamond Corporation (“SDC”) in exchange for all of its interest in the Fort à la Corne joint venture (“FalC JV Interest”). As a result, RTEC currently owns or controls, in the aggregate, 119,315,222 common shares representing a 19.9% interest in SDC.

Rio Tinto will contribute $10 million to the Shire of Ashburton to help fund the Minna Oval Development Project in Tom Price.

The Government of Canada awarded C$18.1 million from its Low Carbon Economy Fund to Rio Tinto’s Iron Ore Company of Canada (IOC) to support the decarbonization of iron ore processing at its operations in Labrador West.

Rio Tinto announces that Simon McKeon will step down as a Non-Executive Director at the conclusion of the Rio Tinto Limited annual general meeting on 2 May 2024.

Rio Tinto (LSE:RIO) (ASX:RIO):

Rio Tinto has signed Australia’s largest renewable power purchase agreement (PPA) to date to supply its Gladstone operations in Queensland, agreeing to buy the majority of electricity from Windlab’s planned 1.4GW Bungaban wind energy project.

Australia’s two largest iron ore producers and its biggest steelmaker have partnered in their efforts to accelerate the decarbonisation of steelmaking by agreeing to jointly investigate the development of the country’s first ironmaking Electric Smelting Furnace1 (ESF) pilot plant.

We have been informed by authorities that four team members from our Diavik diamond mine and two airline crew members have died in a plane crash near Fort Smith, Northwest Territories, Canada. Another member of our Diavik team survived the crash and received treatment in hospital. The charter flight was on its way to Diavik.

We have been informed by authorities that a plane on its way to our Diavik mine, carrying a number of our people, crashed near Fort Smith, Northwest Territories, Canada, resulting in fatalities.

Rio Tinto will drive development of Australia’s largest solar power project near Gladstone, after agreeing to buy all electricity from the 1.1GW1 Upper Calliope Solar Farm to provide renewable power to Rio Tinto’s Gladstone operations.