Rio Tinto has released solid results for its 2018 first quarter (Q1), buoyed by year-over-year Pilbara iron ore production growth of 8 per cent, though quarterly growth was down 5 per cent when compared with the previous quarter.
Rio Tinto plc has held its annual general meeting at its London headquarters, with chief executive Jean Sebastien (JS) Jacques and chairman Simon Thompson delivering speeches to attendees.
Rio Tinto has released information pertaining to its taxes and royalties paid in 2017. The company paid $US5.1 billion in all, with a notable majority of $US3.8 billion going towards Australian taxes.
Rio Tinto has partnered with the Western Australian Government and South Metropolitan TAFE over the implementation of new automation courses, which are set to begin in WA-based TAFE colleges and high schools from 2019.
Former Mongolian finance minister Bayartsogt Sangajav has been arrested by Swiss prosecutors as part of a corruption probe concerning development of the Oyu Tolgoi copper mine, Mongolia’s largest public project to date.
Rio Tinto has announced that is has priced its Euro cash tender offer as part of its recently announced gross debt reduction plan.
Rio Tinto has agreed to sell its 80 per cent interest in the Kestrel underground coal mine in Queensland to a consortium comprising EMR Capital and Indonesia’s PT Adaro Energy for $US2.25 billion.
Rio Tinto, through research by Boston’s Massachusetts Institute of Technology (MIT), has detailed the metals that are expected to be the most impacted by new technology in the future.
Komatsu’s aggressive expansion of its autonomous haulage system (AHS) is set to continue, 10 years after the first commercial deployment of the mining automation solution.
Whitehaven Coal has secured a deal to buy Rio Tinto’s 75 per cent interest in the Winchester South coal project in Queensland’s Bowen Basin for $US200 million ($260 million).
Rio Tinto has announced that it will launch a bond purchase and redemption plan of up to $2.25 billion equivalent to reduce gross debts as part of its ongoing capital reduction plans.
Rio Tinto has agreed to sell its interests in the Hail Creek coal mine and Valeria coal project in Queensland to Glencore for $US1.7 billion.
CIMIC Group is the first of several mining and related services companies that have been named in LinkedIn’s Top Companies list for Australia.
Rio Tinto has formed an exploration partnership in Serbia with ASX-listed junior Raiden Resources.
Rio Tinto will expand its autonomous truck operations to the West Angelas mine this year, giving it five iron ore sites with driverless vehicles in the Pilbara of Western Australia.
NRW Holdings has been awarded a major earthworks and civil works contract worth $37 million at Rio Tinto’s Marandoo iron mine in the Pilbara, Western Australia.
Rio Tinto has committed around $2 billion to the more than 1000 Australian businesses it has engaged during development of the Amrun bauxite project in Far North Queensland.
Rio Tinto has a received a $345 million ($439.2 million) offer from Hydro for its ISAL aluminium smelter in Iceland, its 53.3 per cent share in the Aluchemie anode plant in the Netherlands and its 50 per cent share in the Aluminium fluoride plant in Sweden.
The rebound in market conditions in the resources industry is driving an improvement in engineering company Monadelphous’ performance.
Rio Tinto has expressed its commitment to seeking a new power delivery solution for its part-owned Oyu Tolgoi copper-gold mine following the Mongolian Government’s cancellation of 2014’s Power Sector Cooperation Agreement (PSCA).