Rio Tinto intends to invest $1 billion over the next five years to meet its new climate change targets, but chief executive JS Jacques has stated, “There is no clear pathway right now for the world to get net zero emissions by 2050.”
Monadelphous has selected REMA TIP TOP Australia for a contract at Rio Tinto’s West Angelas Deposits C and D project in the Pilbara, Western Australia.
St George Mining is adding further attention to the Paterson province in Western Australia, joining Rio Tinto and Newcrest Mining as companies searching for resources in the area.
Rio Tinto plans to reach first production at the Winu copper-gold project in Western Australia in 2023, and is progressing discussions with the Traditional Owners to achieve this.
Rio Tinto has inked an agreement with Calibre Mining for the Borosi gold-silver-copper projects in northeast Nicaragua.
Rio Tinto is welcoming three independent non-executive directors to the board this year, bringing the board back to full strength at 12 directors.
Rio Tinto has initiated a formal international arbitration process to resolve a tax dispute with the Mongolian Tax Authority (MTA) over the Oyu Tolgoi project.
Star Diamond Corporation has noted that Rio Tinto Exploration Canada did not comply with the terms of the joint venture (JV) agreement for Star-Orion South diamond project in Saskatchewan.
Rio Tinto has progressed an option of constructing a coal power plant to fuel the Oyu Tolgoi copper mine in Mongolia’s Gobi Desert.
Rio Tinto has restarted the iron ore operations in the Pilbara, Western Australia following the aftermath of Tropical Cyclone Damien in Western Australia.
Rio Tinto is set to partner with French-Canadian company STAS to commercialise the compact filtration technology (ACF) for aluminium cast houses.
Rio Tinto plans to review the future of the Icelandic Aluminium Company (ISAL) smelter to determine its ongoing feasibility amid challenging market conditions.
Fitch Solutions has predicted that Australian iron ore production will experience minimal growth from 2020 to 2029, despite new mines such as the South Flank, Koodaideri and Eliwana projects coming online.
Rio Tinto has awarded Scott Technology a contract to design and build an automated mine laboratory for the Koodaideri iron ore project in the Pilbara, Western Australia.
Rio Tinto has donated $US1 million ($1.5 million) to the Chinese Red Cross Foundation to help those impacted by the novel coronavirus outbreak.
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Southern Cross Electrical Engineering has won an $18 million contract with Rio Tinto to complete work at the Gove Peninsula refinery site in the Northern Territory.
For many years mining companies have been urged to improve how they collaborate in the industry and their supply chain through joint ventures and partnerships.
Rio Tinto will no longer be offering an accelerated payment option for suppliers requiring shorter payment terms than the agreed 30 days.
Alcoa has received Aluminium Stewardship Initiative (ASI) certification for its Western Australian operations.