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: "Our deepest condolences go to the family, friends, colleagues and communities affected by this tragedy. Our focus is on offering all possible support during this difficult time [...]
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. "We progressed our major projects to deliver profitable organic growth. We are on track for [...]
Rio Tinto today confirmed that it has made an approach to Arcadium Lithium regarding a potential acquisition of Arcadium Lithium by Rio Tinto. The approach is non-binding and there is no certainty that any transaction will be agreed to or will proceed. Rio Tinto will not make further comment until or unless an update is appropriate. IMPORTANT INFORMATION This communication is not intended to and does not constitute an [...]
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. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20241002558737/en/ The 2024 Rio Tinto Argyle Tender Art Series Collection Titled Colour Awakened, this collection is headlined [...]
Rio Tinto's previously announced acquisition of Mitsubishi Corporation's 11.65% interest in Boyne Smelters Limited was completed on 30 September 2024. BSL owns and operates the Boyne Island aluminium smelter in Gladstone, Australia. Following completion of the transaction, Rio Tinto's interest in BSL is now 71.04%. Rio Tinto looks forward to continuing to work with its BSL joint venture partners and other stakeholders on [...]
Rio Tinto is hosting a site visit for the financial community this week to its Aluminium and Iron & Titanium operations in Quebec, Canada. The visit will showcase the world-class, hydro-powered aluminium smelters in the Saguenay, including the Shipshaw Power Station and construction progress at the low-carbon AP60 smelter, and the Iron & Titanium facility at Sorel-Tracy, the world's largest critical minerals and [...]
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. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20240917551538/en/ Rio Tinto Chief Decarbonisation Officer Jonathon McCarthy [...]
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. Now in its 19th year, the exhibition will be held at the Central Park building in Perth, from Monday, 16 September, to Friday, 27 September. It will showcase a vibrant collection of 160 unique Aboriginal artworks from 43 artists. This year's [...]
Rio Tinto's Iron Ore Company of Canada 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 [...]
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. The agreement announced today represents an important step towards securing a long-term future for Australia's second-largest aluminium smelter, Boyne Smelters Limited and thousands of jobs in central [...]
Rio Tinto : Underlying EBITDA of $12.1 billion. Net cash generated from operating activities of $7.1 billion. Profit after tax attributable to owners of Rio Tinto of $5.8 billion. Underlying earnings of $5.8 billion, leading to an interim ordinary dividend of $2.9 billion, a 50% payout. Six months ended 30 June 2024 2023 Change Net cash generated from operating activities 7,056 6,975 1% Purchases of property, plant and [...]
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. The joint venture will be established on [...]