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 [...]
The Board of Rio Tinto has appointed Simon Trott to succeed Jakob Stausholm as Chief Executive, with effect from 25 August 2025. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20250714848945/en/ Simon Trott, Rio Tinto Chief Executive Designate Simon, currently Iron Ore Chief Executive, has a track record of exceptional delivery over 25 years in roles across a [...]
NetworkNewsWire Editorial Coverage Gold's meteoric rally, fueled by waning confidence in U.S. fiscal policy and soaring inflation, has not only pushed prices past the historic US$3,300 per ounce mark in early 2025 but also opened the door to even more ambitious forecasts. Some analysts now predict a climb to US$4,000 within the next 12 to 18 months. With this in mind, gold-focused equities and Canadian gold producers are [...]
NeoSmelt, a consortium of leading resources, energy and manufacturing companies working together on ways to produce lower-emissions steel1 from Pilbara iron ore, welcomes Australian Renewable Energy Agency support for its planned Western Australian pilot plant. The consortium, founded by BlueScope, BHP and Rio Tinto also welcomes two new equity participants - Woodside Energy and Mitsui Iron Ore Development - to the [...]
Rio Tinto is investing CA$7.6 million in an industrial demonstration project to assess the integration of an ore sorting technology at its Lac Tio mine located in Havre-Saint-Pierre. The Government of Quebec will contribute CA$2.5 million to this initiative through its Support Program for the Scale-up of Mineral Processing or Primary Transformation for Critical and Strategic Minerals, administered by the Quebec Ministry [...]
Rio Tinto is taking its innovation strategy directly to entrepreneurs, researchers and innovators at London Tech Week as it works to accelerate the breakthroughs needed to sustainably deliver the materials the world needs. The only mining company at London Tech Week, Rio Tinto will lead discussions on how to meet the soaring global demand for critical minerals, deliver materials at scale more sustainably, and harness [...]
The Oyu Tolgoi LLC Board of Directors has approved development work to commence under an alternative mine plan, while engagement continues with Entrée Resources and the Government of Mongolia on the transfer of licences to allow mining in the Entrée joint venture area. Oyu Tolgoi continues to ramp-up to schedule with production from Panel 0 and Panel 2 in 2025 and 2026, and no change to Rio Tinto's 2025 copper guidance of [...]
Rio Tinto has officially opened its newest iron ore mine, Western Range, with Western Australian Premier Roger Cook and Federal Resources Minister Madeleine King joining Yinhawangka Traditional Owners and senior representatives from Rio Tinto and joint venture partner China Baowu Group to mark the milestone. Western Range has the capacity to produce up to 25 million tonnes of iron ore per year and could sustain the [...]
The Puutu Kunti Kurrama and Pinikura Aboriginal Corporation and Rio Tinto have signed a Co-Management Agreement to support a lasting and trusted partnership. The agreement is the overarching framework for Rio Tinto's iron ore operations on PKKP Country and formalises how they engage on proposals affecting heritage and social surroundings throughout the mine lifecycle. It will ensure knowledge-sharing and joint design is [...]
Rio Tinto has today been confirmed as the preferred partner for the Salares Altoandinos lithium project in the Atacama region of Chile by Empresa Nacional de Minería , a state-owned Chilean mining company. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20250522021914/en/ Rio Tinto's strong lithium pipeline of assets and options in South America Rio Tinto Chief [...]
Rio Tinto today announced that Chief Executive Jakob Stausholm will step down from the Group later this year, at the conclusion of a succession process. Jakob joined Rio Tinto in 2018 as Executive Director and Chief Financial Officer, and became Chief Executive in January 2021. As Chief Executive, Jakob has reset Rio Tinto's strategy to align the group to the opportunities of the energy transition and shaped a pathway to [...]