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 [...]
Rio Tinto will begin early works and conduct final engineering studies to increase production capacity at the Amrun bauxite mine on Cape York Peninsula in Far North Queensland, aiming for first output as early as 2029. The project, named Kangwinan at the request of Traditional Owners, the Wik Waya people, will involve building a new mine and expanding the existing port to almost double bauxite production from Rio Tinto's [...]
Rio Tinto and Corporación Nacional Del Cobre de Chile have signed binding agreements to form a joint venture to develop and operate a high-grade lithium project in the Salar de Maricunga in Chile. The agreement is the next step in a broader strategic partnership to strengthen both Rio Tinto's and Chile's positions as leading suppliers of materials for the global energy transition. This press release features multimedia [...]
Rio Tinto is investing US$1.2 billion to modernise its Isle-Maligne hydroelectric power plant, commissioned in 1926 in Alma, Quebec. This is Rio Tinto's largest single investment in its hydroelectric assets since the 1950s. The power plant modernisation is essential to secure the future of low-carbon aluminium production in Saguenay-Lac-Saint-Jean, supporting the jobs of employees across the region. It will allow Rio [...]
Rio Tinto and Sumitomo Metal Mining Co have signed the final joint venture agreements to deliver the Winu copper-gold project, located in the Great Sandy Desert region of Western Australia. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20250511288741/en/ Sumitomo Metal Mining Director, Managing Executive Officer, and General Manager of the Mineral Resources [...]
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