Rio Tinto plc Sponsored

Rio Tinto Plc engages in the exploration, mining, and processing of mineral resources. It operates through the following business segments: Iron Ore, Aluminium, Copper and Diamonds, Energy and Minerals, and Other Operations. The Iron Ore segment supplies global seaborne iron ore trade. The Aluminium segment produces bauxite, alumina and primary aluminum. The Copper and Diamonds segment offers gold, silver, molybdenum and other by-products. The Energy and Minerals includes businesses with products such as uranium, borates, salt and titanium dioxide feedstock together with coal operations. The Other Operations segment covers the the curtailed Gove alumina refinery and Rio Tinto Marine operations. Rio Tinto was founded in 1873 and is headquartered in London, the United Kingdom.

Rio Tinto Plc engages in the exploration, mining, and processing of mineral resources. It operates through the following business segments: Iron Ore, Aluminium, Copper, and Minerals. The Iron Ore segment supplies iron ore mining and salt and gypsum production. The Aluminium segment produces bauxite, alumina and primary aluminum. The Copper segment offers gold, silver, molybdenum and other by-products. The Minerals includes businesses with products such as uranium, borates, salt and titanium dioxide feedstock together with coal operations. The Other Operations segment covers the curtailed Gove alumina refinery and Rio Tinto Marine operations. The company was founded in 1873 and is headquartered in London, the United Kingdom.

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LONDON--(BUSINESS WIRE)--Rio Tinto has donated US$1.5 million to the Icelandic Red Cross to support the people and community of Grindavík in Iceland, who have been impacted by months of volcanic eruptions. Since December, a series of volcanic eruptions has left 3,800 people homeless and damaged the community's water and electricity supplies. Residents of Grindavík and neighbouring communities continue to feel social and economic impacts from these unprecedented events. In the coming weeks, the.

Rio Tinto donates $1.5 million to support the people and community of Grindavík in Iceland

Anglesey Mining, which is developing the Parys Mountain project, has appointed former Rio Tinto executive Rob Marsden as its new chief executive starting in May.  A graduate of the Camborne mine school, Marsden spent 18 years at Rio before founding his own consultancy in 2013.

Anglesey Mining appoints former Rio Tinto man as new chief executive

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Rio Tinto's share price rose almost 3% on a more upbeat outlook about China from the miner Iron ore accounts for more than 80% of Rio's underlying operating earnings and the miner expects prices to rise as demand from China, its main customer, starts to recover. In line with that, Rio reiterated earlier guidance of iron ore shipments of 323 million to 338 million tons in 2024, or close to its record annual output.

Rio Tinto shares rally on confidence over China

Rio Tinto maintained its 2024 guidance after the mining giant reported a 10% fall in first-quarter iron-ore shipments.

Rio Tinto Keeps Guidance Despite Lower Iron-Ore Shipments

MELBOURNE, Australia--(BUSINESS WIRE)--Rio Tinto Chief Executive Jakob Stausholm said: “We have been deeply affected by the loss of four Diavik colleagues and two airline crew members in a plane crash in January. This tragedy has strengthened our resolve to never be complacent about safety. “We delivered stable operating results in the first quarter, including improvements at our bauxite and aluminium businesses, as we navigated seasonal challenges across our global operations. Our full year gu.

Rio Tinto releases first quarter production results

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Aluminum, nickel prices surge after fresh sanctions on Russian metals

Low rates of investment in the global mining sector have put the global energy transition at risk, widening the supply gap in critical minerals like copper, Rio Tinto chairman Dominic Barton said on Monday.

Global mining investment too low to support energy transition, Rio Tinto chairman says

Rio Tinto (LON: RIO) and Anglo American (LON: AAL) share prices continued doing well this week. Anglo American jumped to 2,220p on Friday, its highest point since December while Rio Tinto soared to 5,400p.

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MELBOURNE, Australia--(BUSINESS WIRE)--Rio Tinto increased its spend with suppliers and local businesses in Australia to more than A$16.1 billion in 2023, as part of the company's ongoing commitment to support communities where it operates. This was an increase of 5 per cent on the previous year and was spent with more than 5,800 businesses, including Australian owned and operated businesses and locally owned and managed branches of global companies. The spend helped support tens of thousands o.

Rio Tinto spends more than A$16.1 billion with suppliers in Australia

PERTH, Australia--(BUSINESS WIRE)--Rio Tinto continues to increase its contribution in Western Australia to support local jobs and economies, with the company boosting spending with local businesses near its operations by almost 40 per cent from a year earlier. In 2023, Rio Tinto worked with more than 2,400 suppliers in Western Australia and spent A$8.8 billion across the State. Of this, A$875 million was spent supporting local businesses located near its operations. The company also increased.

Rio Tinto celebrates WA businesses as regional and indigenous supplier spend grows

Rio Tinto Group is the largest iron ore producer in the world, with 80% of profits coming from the iron ore market. RIO stock has been influenced by the spot price of iron ore on the seaborne market. China's plans for fiscal and monetary stimulus are expected to support iron ore prices, leading to an upgrade of Rio Tinto Group to a buy.

Rio Tinto Group: The Pullback In Iron Ore Prices Creates A Buying Opportunity

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PERTH, Australia--(BUSINESS WIRE)--Rio Tinto is teaming up with a leading global venture studio and start-up investor to back the development and commercialisation of breakthrough technologies in the mining industry, supporting the company's efforts to find better ways to provide the materials the world needs. Rio Tinto will partner with Founders Factory and invest A$14.4 million in global pre-seed and seed stage start-ups over the next three years. The focus will be on technologies in the fiel.

Rio Tinto to invest in the world's best technology startups

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Rio Tinto Ltd (LON: RIO) is in the green at writing after naming Bold Baatar its new chief commercial officer. Rio Tinto is committed to expanding in copper Baatar has been with the mining giant since 2013 – at present serving as its chief of copper operations.

Top two U.S. copper stocks to buy as Rio Tinto promotes copper chief

PERTH, Australia--(BUSINESS WIRE)--The Yinhawangka Aboriginal Corporation and Rio Tinto have collaborated to design a new program aimed at protecting and preserving Yinhawangka culture and supporting a strong, healthy and connected Yinhawangka People. The ‘Living Cultures Program' will deliver projects to record, preserve and transfer cultural knowledge. This includes language, living history and heritage, women's business, arts and culture, songlines and traditional stories. The partnership al.

Yinhawangka People and Rio Tinto partner to co-design ‘Living Cultures Program'

LONDON--(BUSINESS WIRE)--Rio Tinto has appointed Bold Baatar to the role of Chief Commercial Officer, to lead the Group's commercial and business development activities globally. Bold will succeed Alf Barrios as Chief Commercial Officer, following his decision to retire from Rio Tinto. Bold, who is currently Chief Executive Copper, will take on accountability for business development immediately, and will relocate to Singapore to take up the role of Chief Commercial Officer on 1 September 2024.

Rio Tinto appoints Bold Baatar as Chief Commercial Officer

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MELBOURNE, Australia--(BUSINESS WIRE)--Rio Tinto will manage the Ranger Rehabilitation Project in Australia's Northern Territory on behalf of Energy Resources of Australia Ltd (ERA), under a new Management Services Agreement (MSA) signed today. The MSA will build on ERA's existing rehabilitation work with Rio Tinto's technical expertise in designing, scoping and executing closure projects. Transition to Rio Tinto management of the project will start immediately and is expected to take about thr.

Rio Tinto to manage the Ranger Rehabilitation Project for ERA

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MELBOURNE, Australia--(BUSINESS WIRE)--Rio Tinto has published its 2023 Taxes and Royalties Paid Report, which details $8.5 billion of taxes and royalties paid globally during the year. This compares to $10.8 billion in 2022, which included around $1.5 billion of Australian corporate tax payments related to prior years. In Australia, which is home to almost half of the company's global business, taxes and royalties totalling $6.6 billion (A$10.0 billion) were paid in 2023, including corporate t.

Rio Tinto releases details of $8.5 billion of taxes and royalties paid in 2023

PERTH, Australia--(BUSINESS WIRE)--Rio Tinto will contribute $10 million to the Shire of Ashburton to help fund the Minna Oval Development Project in Tom Price. The project includes the development of a clubhouse, undercover sports viewing areas, changerooms and toilets, a commercial kitchen and kiosk, and a new shaded playground. These facilities will be used by local sporting organisations and the adjacent North Tom Price Primary school. The Minna Oval Development Project was identified as an.

News for Rio Tinto plc Sponsored Stock (RIO)