Rio Tinto Plc (ADR)

Rio Tinto has priced US$1,250,000,000 of 30-year fixed rate SEC-registered debt securities. The bonds will be issued by Rio Tinto Finance Limited and will be fully and unconditionally guaranteed by Rio Tinto Plc and Rio Tinto Ltd.. The notes will pay a coupon of 2.750 per cent and will mature 2 November 2051. BofA Securities, Citigroup and Credit Agricole CIB acted as Joint Bookrunning Managers, Credit Suisse, Santander [...]

Rio Tinto and BlueScope will work together to explore low-carbon steelmaking pathways using Pilbara iron ores, including the use of clean hydrogen to replace coking coal at BlueScope's Port Kembla Steelworks. The two companies have signed a Memorandum of Understanding to research and design low-emissions processes for the steel value chain, including iron ore processing, iron and steelmaking and related technologies. Rio [...]

Rio Tinto's entire 2021 Once in a Blue Moon Tender collection of 41 lots of carefully curated Argyle blue and violet diamonds, has been won by a single bidder, the Hong Kong fancy coloured diamond specialist, Kunming Diamonds. Kunming Diamonds' history making global bid for the 24.88 carats of final "beyond rare" blue jewels from the East Kimberley region of Western Australia is a significant moment in the history of the [...]

Rio Tinto's 2021 Argyle Pink Diamonds™ Tender collection of 70 rare pink and red diamonds from its Argyle mine in Australia has delivered the most significant set of record breaking results in its 38-year history. The 2021 collection, titled The Journey Beyond™, is a historical collection comprising the pinnacle of the Argyle production, mined in its final year of operations, before closing in November 2020. The 2021 [...]

Rio Tinto and Carbfix are partnering to implement a technology for capturing carbon and permanently storing it underground at the ISAL aluminium smelter in Iceland. Under a Memorandum of Understanding for a strategic partnership, Carbfix will use Rio Tinto's land surrounding the ISAL smelter for onshore CO2 injection in the world's first carbon mineral storage hub, the Coda Terminal. Liquified CO2 will be imported by ship [...]

Rio Tinto, BHP and Fortescue Metals Group have agreed to partner and fund innovative, industry-first learning programs as part of a continued commitment towards mining sector workplaces that are free from sexual harassment, bullying and racism. Through this partnership, Rio Tinto, BHP and Fortescue will fund and contribute to the design, build and implementation of new social awareness education packages for deployment [...]

Today, Rio Tinto is outlining the actions being taken to strengthen the business and improve performance. It is also unveiling a longer-term strategy to ensure it thrives in a decarbonising world and continues to deliver attractive shareholder returns, in line with its policy. The deployment of the Rio Tinto Safe Production System is underway to ensure the Group regains its position as Best Operator. The Group is [...]

Peter Toth, Group executive, Strategy and Development, has accepted a new position outside of Rio Tinto. Rio Tinto Chief Executive Jakob Stausholm said "During Peter's seven years with Rio Tinto, he has played a key role in shaping our corporate strategy, executing our portfolio restructure, and guiding our approach to climate change. We thank him for his contribution and wish him every success for the future." Peter has [...]

Rio Tinto welcomes the final report of the Joint Standing Committee on Northern Australia following its inquiry into the destruction of rock shelters at 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 "We have been working hard to rebuild trust and meaningful relationships with the PKKP people and other [...]

Rio Tinto Chief Executive Jakob Stausholm, said: "The third quarter has demonstrated the resilience of our people in dealing with ongoing COVID-19 challenges. It has been another difficult quarter operationally and despite improving versus the prior quarter, we recognise the opportunity to raise our performance. We have consequently modestly adjusted our guidance. "We are progressing against our four pillars and striving [...]