Canada Growth Fund Inc. and Rio Tinto Iron and Titanium Inc. are pleased to announce a transaction to advance the Canadian production of scandium oxide in Sorel-Tracy, Québec at the facility under construction at Rio Tinto's Critical Minerals and Metallurgical Centre. CGF will invest approximately C$25M to support production at North America's sole facility capable of supplying this material, expanding the facility's [...]
Rio Tinto and China's State Power Investment Corporation Qiyuan have launched a trial of battery swap electric haul truck technology at the Oyu Tolgoi copper mine in Mongolia. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20251026376828/en/ The trial is Rio Tinto's first use of battery swap electric haul trucks in surface mining operations. This is a major step [...]
Rio Tinto today announces a number of Board changes. As we have previously reported, the size of the Board peaked at 14 Directors during a transitional period in which we retained the expertise and experience of longer-serving Directors as newer Directors familiarised themselves with the Group. Sam Laidlaw and Kaisa Hietala stepped down from the Board at the conclusion of the 2025 AGMs, and that transitional phase has now [...]
Rio Tinto Chief Executive Simon Trott said: "Safety remains our number one priority. We are deeply saddened by the tragic death of Mohamed Camara at the SimFer mine site and are committed to learning across our business to prevent future incidents. This has been a time for huge reflections on safety across the group. "We continue to strengthen performance from our assets, setting back-to-back quarterly production records [...]
Rio Tinto, Mitsui and Nippon Steel will invest $733 million1 to develop the West Angelas Sustaining Project, part of the Robe River Joint Venture in Western Australia's Pilbara region. The project, to develop new iron ore deposits in the West Angelas hub, has now received all necessary State and Federal Government approvals. The deposits will maintain the West Angelas hub's total annual production capacity of 35 million [...]
Rio Tinto today announces a new operating model and executive team to shape the company's next chapter. The changes simplify and streamline the organisation to drive greater accountability and safe, sustainable, profitable growth through focusing on the most compelling opportunities to deliver long-term shareholder value. Effective immediately, Rio Tinto will simplify its product group structure to three world-class [...]
Rio Tinto deeply regrets to announce that an employee of a contracting company has died following an incident at the SimFer mine site in Nzérékoré, Guinea on Friday 22 August. Rio Tinto Chief Executive Jakob Stausholm said: "We extend our deepest condolences to the family, friends and colleagues impacted by this tragic event as well as the wider community. We will offer all the support we can at this very difficult time [...]
Rio Tinto has approved investment of US$180 million and commenced work on the Norman Creek access project at the world-class Amrun bauxite mine on Queensland's Cape York Peninsula. The Norman Creek access project will enable mining of the Norman Creek region of Amrun, which holds approximately half of the currently declared Amrun Ore Reserves of 978 million tonnes. [1] Construction is underway on key infrastructure [...]
Rio Tinto has today published detailed information on its global tailings facilities, in alignment with the Global Industry Standard on Tailings Management . The disclosure includes updated information on 14 tailings facilities rated Very High or Extreme consequence under GISTM classifications , along with new information on a further 84 tailings facilities rated Low, High or Significant. Rio Tinto Chief Technical Officer [...]
Rio Tinto : 6% CuEq production uplift YoY, delivering on strategy through focus on our four objectives Rio Tinto Chief Executive Jakob Stausholm said: "We are delivering very resilient financial results with an improving operational performance helped by our increasingly diversified portfolio. Underlying EBITDA of $11.5 billion and operating cash flow of $6.9 billion, despite a 13% lower iron ore price, demonstrate the [...]
Rio Tinto and Empresa Nacional de Minería , a state-owned Chilean mining company, signed a binding agreement to form a joint venture to develop the Salares Altoandinos lithium project in the Atacama region. The signing follows a 23 May announcement of Rio Tinto's nomination as the preferred partner for the project. As previously announced, Rio Tinto has agreed to acquire a controlling 51% interest in the project and [...]
Rio Tinto Chief Executive Jakob Stausholm said: "We delivered excellent operational performance from our mine operations with record production from our bauxite business and from Oyu Tolgoi as it ramps up to become the world's fourth largest copper mine before the end of the decade. "We continue to make strong progress in our production and growth projects, achieving our highest Pilbara Q2 production since 2018 and [...]
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