Rio Tinto
· ISIN: GB0007188757
Rio Tinto and Sumitomo Metal Mining sign Definitive Agreement for Winu Project joint venture
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Most recent update: 12.05.2025 | 08:30
12 May 2025 08:30AM
Rio Tinto and Sumitomo Metal Mining sign Definitive Agreement for Winu Project joint venture
Rio Tinto and Sumitomo Metal Mining Co (SMM) 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 Direct...
© BusinessWire
07 May 2025 03:00PM
Rio Tinto extracts first gallium from its alumina refining process with partner Indium Corporation
Rio Tinto and its new partner Indium Corporation have successfully extracted the first primary gallium as part of a research and development project, which ultimately aims to produce commercial quantities of the critical and strategic mineral present in the bauxite processed in Rio Tinto’s Vaudreuil alumina refinery in Quebec, the only one in Cana...
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17 April 2025 03:30AM
Rio Tinto and AMG Metals & Materials to assess low-carbon aluminium project in India
Rio Tinto and AMG Metals & Materials (AMG M&M), an energy transition solutions provider, have signed a Memorandum of Understanding (MOU) to jointly assess the feasibility of developing an integrated low-carbon aluminium project powered by renewable energy in India. AMG M&M is promoted by the two founders of Greenko and AM Green.
Toget...
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16 April 2025 12:26AM
Rio Tinto releases first quarter 2025 production results
Rio Tinto Chief Executive Jakob Stausholm said: “We continued to see strong operational improvement with the Oyu Tolgoi copper mine and our bauxite operations delivering record months for production in March. Production was affected, however, by extreme weather events that impacted our Pilbara iron ore operations.
“We are making excellent progres...
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04 April 2025 12:30AM
Rio Tinto increases Australian supplier spend to A$17.7 billion
Rio Tinto strengthened its spend with Australian businesses to over A$17.7 billion in 2024, supporting both national and local suppliers.
This is an increase of 9.9% from the previous year and was spent with more than 6,000 suppliers across the country. This spend has helped boost local, regional, and national economies, contributing to employmen...
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03 April 2025 06:00AM
Construction begins on Rio Tinto’s first Western Australian-made iron ore rail cars
Rio Tinto’s first locally made iron ore rail car has been built in Western Australia, as it steps up its use of domestic manufacturing across its world class iron ore business.
The company is investing about A$150 million to purchase 100 locally built rail cars, as well as continued investment in bearing refurbishment for its Pilbara operations....
© BusinessWire
27 March 2025 02:37AM
Rio Tinto releases details of $8.4 billion of taxes and royalties paid in 2024
Rio Tinto has published its 2024 Taxes and Royalties Paid Report, which details $8.4 billion of taxes and royalties paid globally during the year (2023: $8.5 billion).
In Australia, taxes and royalties totalling $6.3 billion (A$9.5 billion) were paid in 2024, including corporate tax paid of $3.7 billion (A$5.5 billion). Rio Tinto also made signif...
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19 March 2025 01:01AM
Statement on AGM resolution to review the Rio Tinto dual- listed companies structure
The Board of Rio Tinto is issuing this statement to all shareholders ahead of the AGMs on 3 April 2025 and 1 May 2025, to address a resolution requisitioned by Palliser Capital and certain other shareholders and related reports issued by Glass Lewis and ISS.
As set out in the 2025 AGM Notice of Meeting, Palliser Capital has requisitioned a resolu...
© BusinessWire
14 March 2025 05:29AM
Rio Tinto donates A$1 million to Australian Red Cross for Cyclone Alfred relief
Rio Tinto is donating A$1 million to the Australian Red Cross, a Queensland Government approved agency, to help communities recover from Tropical Cyclone Alfred.
The funds will provide emergency relief, recovery assistance and long-term support services for affected communities in Queensland and Northern New South Wales.
Rio Tinto Chief Executiv...
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12 March 2025 11:09PM
Rio Tinto and Edify Energy sign landmark solar and battery agreement for Rio Tinto’s Gladstone operations
Rio Tinto and Edify Energy have signed two new solar and battery hybrid services agreements (HSAs) to increase the supply of reliable, competitively priced electricity to Rio Tinto’s Gladstone aluminium operations in Queensland.
Under the agreements, Rio Tinto will purchase 90% of the power and battery storage capacity generated by the Smoky Cree...
© BusinessWire
12 March 2025 08:04AM
Rio Tinto Finance (USA) plc prices US$9.0 billion of fixed and floating rate notes
Rio Tinto has priced US$9.0 billion of fixed and floating rate SEC-registered debt securities. The bonds will be issued by Rio Tinto Finance (USA) plc and will be fully and unconditionally guaranteed by Rio Tinto plc and Rio Tinto Limited. The bond offer consists of eight tranches and the principal amount, tenor and coupon for each tranche are as...
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06 March 2025 06:23AM
Rio Tinto completes acquisition of Arcadium Lithium
Rio Tinto has completed its acquisition of Arcadium Lithium plc (“Arcadium Lithium”) (NYSE: ALTM) (ASX: LTM) for $6.7 billion, following the sanctioning of the Scheme of Arrangement by the Royal Court of Jersey on 5 March. Rio Tinto is now the ultimate parent company of Arcadium Lithium, which will become Rio Tinto Lithium, and will also include t...
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06 March 2025 05:40AM
Rio Tinto to invest $1.8 billion to develop Brockman mine extension in Western Australia’s Pilbara
Rio Tinto will invest $1.8 billion1 to develop the Brockman Syncline 1 mine project (BS1), extending the life of the Brockman region in the West Pilbara of Western Australia and sustaining production from the company’s world class iron ore operations.
The project has now received all necessary State and Federal Government approvals and has been d...
© BusinessWire
02 March 2025 11:38PM
Shipping resumes at Rio Tinto’s East Intercourse Island facility at Dampier Port
Rio Tinto’s East Intercourse Island (EII) facility at Dampier Port in Western Australia’s Pilbara region has resumed operations after being impacted by Tropical Cyclone Sean.
A railcar dumper at the EII port facility was flooded when Tropical Cyclone Sean delivered record rain along parts of the Pilbara coastline, including 274mm to Karratha, on...
© BusinessWire
19 February 2025 07:07PM
Rio Tinto Board changes
Rio Tinto today announces a number of Board changes.
Rio Tinto Chair Dominic Barton said: “As we reported last year, the size of the Board peaked at 14 Directors as we retained the expertise and experience of our longer-serving Directors during a transitional period as newer Directors familiarise themselves with the Group. That transitional phase...
© BusinessWire
19 February 2025 07:04PM
Rio Tinto: Strong operating performance underpins financial results
Rio Tinto (LSE:RIO) (ASX:RIO):
Resilient financials with underlying EBITDA of $23.3 billion, despite 11% lower iron ore price*.
Higher net cash generated from operating activities of $15.6 billion, driven by portfolio mix and effective working capital management.
Profit after tax attributable to owners of Rio Tinto (referred to as "net earni...
© BusinessWire
19 February 2025 04:22AM
Rio Tinto notes Mitsui has agreed to join Rhodes Ridge Joint Venture
Rio Tinto notes that Mitsui & Co. has entered agreements to acquire a 40% interest in the Rhodes Ridge Joint Venture (RRJV) from Rio Tinto’s partners.
Mitsui & Co. has agreed to acquire all of VOC Group Limited’s (VOCG) 25% interest1 in the joint venture.
Separately, Mitsui & Co. has entered into a heads of agreement (HOA) to acquire...
© BusinessWire
16 February 2025 05:40AM
Rio Tinto provides Iron Ore update following Tropical Cyclone Zelia
Rio Tinto’s port, rail and mine operations have resumed after Tropical Cyclone Zelia passed over Western Australia’s Pilbara region.
All our people remained safe and unharmed during the weather event, which crossed the Pilbara coast north of Port Hedland on 14 February 2025.
Ship loading resumed at Cape Lambert and Dampier Ports on 15 February a...
© BusinessWire
13 February 2025 05:52AM
Safety is Rio Tinto’s priority as Tropical Cyclone Zelia intensifies
Rio Tinto is prioritising the safety of its people as Tropical Cyclone Zelia heads toward the Pilbara region of Western Australia.
Tropical Cyclone Zelia has intensified to a Category 5 system, with the Bureau of Meteorology forecasting it will cross the coast between Port Hedland and Karratha on Friday, local time.
Cape Lambert and Dampier Po...
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12 February 2025 02:01AM
Rio Tinto donates A$750,000 to Queensland flood relief and recovery efforts
Rio Tinto has donated A$750,000 to support disaster relief efforts for those impacted by the widespread floods in North Queensland.
The funds will support the work of key organisations, including the Queensland Royal Flying Doctors Service (RFDS) and the Queensland Red Cross, which are providing medical care, running evacuation centres and helpi...
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07 February 2025 05:00PM
Rio Tinto US Borax donates $600,000 to support communities impacted by Los Angeles Wildfires
Rio Tinto’s U.S. Borax has donated $600,000 to three organisations to support relief efforts for communities directly impacted by the recent wildfires in Los Angeles region.
The Kern County Fire Department, Los Angeles Fire Department (LAFD) Foundation and the Los Angeles Regional Food Bank will each receive a donation of $200,000. The funds wil...
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30 January 2025 08:04AM
Rio Tinto and Hydro partner on carbon capture technologies for aluminium smelters
Rio Tinto and Hydro will join forces to identify and evaluate available carbon capture technologies for future implementation in the aluminium electrolysis process. The companies have signed a partnership agreement that provides for the sharing of certain information, results and costs covering specific R&D activities from lab tests with exter...
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23 January 2025 10:58PM
Rio Tinto provides Iron Ore update following Tropical Cyclone Sean
Tropical Cyclone Sean delivered record rain along parts of the Pilbara coastline of Western Australia, impacting Rio Tinto rail and port operations.
A railcar dumper at the East Intercourse Island (EII) port facility, which shipped 45 million tonnes of total Rio Tinto Iron Ore shipments in 2024, was flooded after the weather event passed the coa...
© BusinessWire
19 January 2025 10:22PM
Rio Tinto welcomes Australian Government support for low-carbon aluminium
Rio Tinto welcomes the Australian Government's announcement of an aluminium production credit to help sustain and grow aluminium smelting in Australia, and significantly advance both regional communities and the nation's manufacturing capabilities.
The production credit, announced today as part of the Future Made in Australia Plan, puts Australi...
© BusinessWire
15 January 2025 10:30PM
Rio Tinto releases fourth quarter production results
Rio Tinto Chief Executive Jakob Stausholm said: “Our operating performance in 2024 was good, consistent with our ongoing commitment to strengthen the business as we execute our strategy to deliver profitable growth. The implementation of our Safe Production System has again contributed to greater consistency across key operations, including our ir...
© BusinessWire
15 January 2025 06:23PM
UNBC appoints two Research Chairs in partnership with Rio Tinto
The University of Northern British Columbia and Rio Tinto have expanded a partnership to advance vital research into the impacts of climate change on water security and freshwater fishes in the Nechako Watershed.
This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20250115183770/en/
The $1.75...
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02 January 2025 01:00AM
Missing crew member from Rio Tinto Marine vessel
It is with great sadness that Rio Tinto confirms that Mr Gel Aguaviva, a deck fitter on board its bulk carrier RTM Zheng He, was reported missing on 26 December 2024, while the vessel was traveling from China to Western Australia.
An extensive and ongoing search and rescue operation to find Mr Aguaviva has been conducted over the past seven days...
© BusinessWire
19 December 2024 10:09AM
Rio Tinto appoints new Chief People Officer
Rio Tinto has appointed Georgie Bezette as its new Chief People Officer, succeeding James Martin, who will retire at the end of this year.
Georgie, who joined the organisation in 2008, is currently Chief Operating Officer, People, responsible for the transformation of the People function in support of Rio Tinto’s ambitious cultural change journe...
© BusinessWire
17 December 2024 03:00AM
BlueScope, BHP and Rio Tinto select WA for Australia’s largest ironmaking electric smelting furnace pilot plant study
Australia’s two largest iron ore miners and its biggest steelmaker have selected the Kwinana Industrial Area, south of Perth, as the location to develop Australia’s largest ironmaking electric smelting furnace1 (ESF) pilot plant.
The groundbreaking project combines the expertise of BlueScope, BHP and Rio Tinto to test technology to enable the us...
© BusinessWire
13 December 2024 04:30PM
Rio Tinto progresses the development of a gallium extraction process in Quebec
As part of a research and development program, Rio Tinto is assessing the potential for extracting and valorising gallium, a critical and strategic mineral already present in the bauxite processed in its alumina refinery in Saguenay–Lac-Saint-Jean, the only one in Canada.
When the preliminary phase of technology development is conclusive, Rio Ti...
© BusinessWire
12 December 2024 01:08PM
Rio Tinto to invest $2.5 billion to expand Rincon lithium project capacity to 60,000 tonnes per year
Rio Tinto has approved $2.5 billion1 to expand the Rincon project in Argentina, the company’s first commercial scale lithium operation, demonstrating its commitment to building a world-class battery materials portfolio.
Rincon's capacity of 60,000 tonnes of battery grade lithium carbonate per year is comprised of the 3,000-tonne starter plant an...
© BusinessWire
06 December 2024 03:00PM
Rio Tinto renews support for prevention of gender-based violence across Canada
On National Day of Remembrance and Action on Violence Against Women and as part of the 16 Days of Activism against Gender-Based Violence, Rio Tinto is reinforcing its commitment to addressing domestic and family violence by extending support to local organisations across Canada. For the fifth consecutive year, Rio Tinto is partnering with organisa...
© BusinessWire
05 December 2024 10:06PM
Panguna Mine Legacy Impact Assessment report released
As a member of the Panguna Mine Legacy Impact Assessment (PMLIA) Oversight Committee, Rio Tinto today welcomed the release of the PMLIA report as a critical step forward in building understanding of the long-term legacy impacts of the former mine in Bougainville.
The independent report assesses the environmental impacts and directly connected so...
© BusinessWire
04 December 2024 06:57AM
Rio Tinto investing for a stronger, more diversified portfolio
Rio Tinto will today hold its 2024 Investor Seminar in London, where it will provide updates on its strategy of investing for a stronger, more diversified and growing portfolio to ensure the long-term delivery of attractive shareholder returns.
Rio Tinto Chief Executive Jakob Stausholm said: “We have all the building blocks we need to become a g...
© BusinessWire
04 December 2024 06:49AM
Rio Tinto signs new partnership agreement to study low carbon aluminium project in Finland
Rio Tinto has entered into a partnership agreement with the Swedish investment company Vargas, Mitsubishi Corporation and other international and local industry partners to study a low carbon aluminium greenfield opportunity in Finland.
As the strategic industrial partner, Rio Tinto will provide the Arctial partnership with access to its proven...
© BusinessWire
03 December 2024 10:25PM
Rio Tinto and Sumitomo Metal Mining to partner on Winu copper-gold project
Rio Tinto and Sumitomo Metal Mining (SMM) have signed a Term Sheet for a Joint Venture to deliver the Winu copper-gold project, located in the Great Sandy Desert region of Western Australia.
Under the Term Sheet, which includes exclusivity obligations to work towards a binding Definitive Agreement, Rio Tinto will continue to develop and operate...
© BusinessWire
20 November 2024 01:00AM
Rio Tinto releases findings of external Progress Review on workplace culture
Rio Tinto today published the findings of an independent, external Progress Review on its work to deliver sustained workplace cultural change across its global operations.
Two years into a long-term cultural change program, the review found that progress is being made with promising signs of improved culture, innovation, and performance. However...
© BusinessWire
19 November 2024 11:11AM
Rio Tinto takes up full entitlements in ERA rights issue, moving to over 98% ownership
Rio Tinto notes the announcement today by Energy Resources of Australia Ltd (ERA) in relation to the conclusion of its entitlement offer and shortfall bookbuild, which raised A$766.5 million (before costs) to fund planned rehabilitation activities of the Ranger Project Area.
As a result of Rio Tinto taking up its pro rata entitlements in the ent...
© BusinessWire
19 November 2024 01:06AM
Panguna parties sign Memorandum of Understanding to address mine impacts
Rio Tinto, Bougainville Copper Limited and the Autonomous Bougainville Government (ABG) have signed a Memorandum of Understanding (MoU) to form a Roundtable to address the findings of the Panguna Mine Legacy Impact Assessment (PMLIA).
The independent PMLIA is based on two years of data collection overseen by an Oversight Committee that includes...
© BusinessWire
15 November 2024 09:31AM
Rio Tinto invests $16m in Makira Natural Park REDD+ Project in Madagascar
Rio Tinto has committed $16 million to the Makira Natural Park REDD+1 Project in northern Madagascar, through a new partnership with the Wildlife Conservation Society (WCS) and Everland. This commitment complements Rio Tinto’s investment in nature-based solutions in the south-east of the country.
The Makira Natural Park REDD+ Project encompasses...
© BusinessWire
15 November 2024 09:01AM
Rio Tinto and GravitHy join forces to accelerate the decarbonisation of steelmaking in Europe
Rio Tinto has entered into definitive agreements with GravitHy, an early-stage industrial company, to help accelerate GravitHy’s steel decarbonisation project in France. As part of this collaboration, Rio Tinto will supply high-grade direct reduction iron ore pellets from its Iron Ore Company of Canada (IOC) operations to GravitHy’s planned operat...
© BusinessWire
13 November 2024 04:02PM
Rio Tinto approves new solar plant to power Kennecott
Rio Tinto has approved construction of a new 25-megawatt solar plant at its Kennecott copper operation in Utah, bringing the mine’s total solar capacity to 30MW.
The new solar plant will be located next to Kennecott’s existing 5MW solar plant, which was completed in 2023. Together, the two solar plants will reduce Kennecott’s Scope 2 emissions b...
© BusinessWire
05 November 2024 10:31PM
Rio Tinto and China’s State Power Investment Corporation partner to trial battery swap truck technology
Rio Tinto will partner with China’s State Power Investment Corporation (SPIC) to demonstrate battery swap electric haul truck technology at the Oyu Tolgoi copper mine in Mongolia.
Battery swapping technology allows a battery electric vehicle to quickly exchange a discharged battery pack for a fully charged one, instead of recharging the vehicle a...
© BusinessWire
01 November 2024 04:57AM
Rio Tinto completes acquisition of Sumitomo’s 20.64% stake in New Zealand’s aluminium smelter
Rio Tinto’s previously announced acquisition of Sumitomo Chemical Company’s (SCC’s) 20.64% interest in New Zealand Aluminium Smelters (NZAS) was completed on 1 November 2024. NZAS owns and operates the Tiwai Point aluminium smelter in New Zealand.
Following completion of the transaction, NZAS is now wholly owned by Rio Tinto.
Rio Tinto Aluminium...
© BusinessWire
29 October 2024 05:05PM
Rio Tinto transitions to renewable diesel at Kennecott
Rio Tinto has completed the transition from conventional to renewable diesel for all heavy mining equipment at its Kennecott copper mine in Utah, giving the mine one of the lowest carbon footprints of any copper producer in the United States.
Kennecott’s fleet of 97 haul trucks and heavy machinery equipment at the mine, concentrator, smelter, ref...
© BusinessWire
28 October 2024 11:51AM
Fatal incident at Simandou project
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....
© BusinessWire
15 October 2024 11:24PM
Rio Tinto releases third quarter production results
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...
© BusinessWire
09 October 2024 07:40AM
Rio Tinto to acquire Arcadium Lithium
THIS ANNOUNCEMENT AND THE INFORMATION CONTAINED HEREIN ARE NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, DIRECTLY OR INDIRECTLY, IN, INTO OR FROM ANY JURISDICTION IN WHICH SUCH RELEASE, PUBLICATION OR DISTRIBUTION WOULD BE UNLAWFUL
THIS ANNOUNCEMENT CONTAINS INSIDE INFORMATION
Rio Tinto and Arcadium Lithium plc (“Arcadium Lithium” or “Arcadium”)...
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