Rio Tinto acknowledges the release of the Australian Federal Government's response to the Joint Standing Committee on Northern Australia's report into the destruction of rock shelters in Juukan Gorge on the land of the Puutu Kunti Kurrama and Pinikura people in the Pilbara Region of Western Australia. Rio Tinto Chief Executive Jakob Stausholm said, "Since the tragic events of May 2020, we have been tirelessly focused on [...]
Rio Tinto has proven the effectiveness of its low-carbon iron-making process using ores from its mines in Australia in a small-scale pilot plant in Germany, and is now planning the development of a larger-scale pilot plant to further assess its potential to help decarbonise the steel value chain. The process, known as BioIron™, uses raw biomass instead of metallurgical coal as a reductant and microwave energy to [...]
Rio Tinto is building on its more than 50 years of work to help create thriving and resilient communities across Western Australia with a A$250 million commitment to the State Government's new Resources Community Investment Initiative. The initiative announced by Western Australian Premier Mark McGowan MLA today provides a platform for direct contributions from resources companies to iconic infrastructure projects in the [...]
Rio Tinto has carefully considered the concerns raised by minority shareholders of Turquoise Hill Resources Ltd. in relation to the dissent and dispute resolution provisions in the agreements it entered into with certain funds and other entities related to Pentwater Capital Management LP and SailingStone Capital Partners LLC that were previously announced on 1 November 2022. Rio Tinto in good faith has been negotiating [...]
Rio Tinto, BHP and Fortescue are launching an innovative pilot program aimed at helping to eliminate disrespectful behaviour in the resources industry including sexual harassment, bullying and racism. The launch comes after the three companies formed a partnership in October last year as part of their combined response to reports of unacceptable sexual harassment in the mining industry. The three companies have worked [...]
Rio Tinto and Yindjibarndi Aboriginal Corporation have signed an updated agreement aimed at strengthening ties and delivering improved social and economic outcomes for the Yindjibarndi people for generations to come. The updated agreement, delivered as part of Rio Tinto's commitment to modernise its relationships with Traditional Owners, was signed yesterday on Yindjibarndi Country at Jirndawirrinha , a location that is [...]
CR Minerals Company, LLC today announced that they have reached an agreement with Rio Tinto , on the production of pozzolans from waste materials at the U.S. Borax facility in Boron, CA. Using mine waste materials to create low carbon alternatives to cement. CR Minerals intends to use waste tailings present onsite to produce pozzolans that can be used as a cement replacement in concrete. The pozzolans will be manufactured [...]
Rio Tinto has entered into agreements with certain funds and other entities related to Pentwater Capital Management LP and SailingStone Capital Partners LLC in relation to the special meeting of Turquoise Hill Resources Ltd. shareholders to vote on Rio Tinto's acquisition by way of plan of arrangement of the approximately 49% of the issued and outstanding shares of Turquoise Hill that Rio Tinto does not own for C$43.00 [...]
Global miners BHP and Rio Tinto have formed a partnership agreement to accelerate the development of technology that could significantly increase water recovery from mine tailings, and in turn reduce potential safety risks and environmental footprints associated with tailings storage facilities. The first project will involve testing the application of an innovative large-volume filter unit at a BHP copper mine in Chile [...]
Rio Tinto has issued an open letter to the shareholders of Turquoise Hill Resources Ltd. outlining the future of TRQ and reiterating its long-term commitment to Oyu Tolgoi. Dear Turquoise Hill Shareholders, Since Rio Tinto's approach in March to acquire Turquoise Hill Resources you may have heard many views about the merits of our proposal. Today, we want you to hear directly from Rio Tinto. We are all shareholders in [...]
Rio Tinto Chief Executive Jakob Stausholm, said: "Delivering the full potential of our assets remains a priority: production improved versus the prior quarter across most of our sites, particularly where we have implemented the Rio Tinto Safe Production System . We progressed our excel in development objective, commissioning some major projects and advancing the next tranche of Pilbara mines, agreeing to enter a joint [...]
Rio Tinto and Wright Prospecting Pty Ltd have agreed to modernise the joint venture covering the Rhodes Ridge project in the East Pilbara in Western Australia, home to one of the world's largest and highest quality undeveloped iron ore deposits. The binding joint venture updates an existing agreement between the two parties dating back to 1972 and now provides a pathway for the development of the Rhodes Ridge deposits [...]
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