Rio Tinto is a leading global mining group that focuses on finding, mining, and processing mineral resources essential for everyday life. The company operates across various sectors, including aluminum, copper, diamond, gold, industrial minerals, and iron ore. With a commitment to sustainable practices, Rio Tinto emphasizes responsible sourcing and environmental stewardship in its operations. The company's initiatives also extend to innovation and developing technologies that enhance operational efficiency and reduce the environmental impact of mining activities. With a vast portfolio of assets and a presence in multiple continents, Rio Tinto plays a crucial role in supplying the raw materials necessary for infrastructure, energy, and technology. Read More
US to accelerate 10 critical mineral production projects under FAST-41 program to reduce reliance on foreign imports. Enhanced coordination with centralized dashboard aims to shorten lengthy permitting processes and strengthen domestic supply chains.
RIO and AMG Metals & Materials signed an MoU to explore a low-carbon aluminium project in India, with a focus on renewable energy and potential 500,000 tpa smelter.
Rio Tinto Plc (NYSE: RIO) reports decline in iron ore production, with severe weather causing losses. Bauxite and Alumina production up. Reiterates guidance for Bauxite and Alumina in FY25.
Experts urge U.S.-EU collaboration to secure assets in Ukraine's critical minerals. A joint approach would enhance supply chain security and benefit all parties.
Metals and mining stocks beat the broader markets to surge last week, as rising gold prices turned retail investors optimistic about the industry’s prospects.
Rio Tinto has signed two agreements with Edify Energy to increase the electricity supply to the company’s Gladstone aluminum operations in Queensland, Australia.
Rio Tinto invests $1.8 billion in Brockman Syncline mine, extending region's mine life and maintaining iron ore production. Also, Rio Tinto revealed the completion of the buyout of Arcadium Lithium.
Weakness in Chinese demand has hurt other mining companies like BHP, too, but Rio made up for some of this decline thanks to strength in the prices of other crucial metals.
Rio Tinto also announced that it is advancing development at Rhodes Ridge. A pre-feasibility study is expected to be completed this year, and the project is slated to begin production in 2030.