Supercharging green energy: Rio Tinto acquires Arcadium
Mining giant Rio Tinto has announced an agreement to acquire Arcadium Lithium, a US-based lithium chemicals producer, in a $6.7 billion all-cash deal.
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Takeovers Panel clears path for Rio control of ERA
Rio Tinto will take control of a $2.4bn uranium mine rehabilitation project for its majority-owned subsidiary Energy Resources of Australia (ERA), ending a long-running dispute with minority investors over control of the company and its former mine near Kakadu National Park in the Northern Territory.
Read MoreRio’s bargain hunt in the lithium jungle
Rio Tinto's (ASX:RIO) counter-cyclical move in offering nearly $10 billion for London- and US-based Arcadium Lithium has exposed the enormous potential losses now facing the entire lithium industry here and offshore — including in China.
Read MoreRio takes a shot at Arcadium
A halfway split would be one way of describing the takeover price Rio Tinto (ASX:RIO) will pay to take control of Arcadium (ASX:LTM).
Read MoreRio Tinto in talks to buy Arcadium
Rio Tinto (ASX:RIO) wants to acquire the US-Australian-Argentinian lithium group Arcadium in a deal that could ignite consolidation across the struggling industry.
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Serbia rejects Rio Tinto
Rio Tinto (ASX:RIO) is again facing growing local opposition to its plans for the massive Jadar lithium mine in western Serbia.
Read MoreAustralian startup seeks to break China’s lithium grip
An Australian start-up, backed by mining giant Rio Tinto (ASX:RIO), is raising funds to develop a lithium extraction technology that could unlock new reserves of this essential battery component and reduce global reliance on China for refining the commodity.
Read MoreRio Tinto cautious on mega-mergers
Rio Tinto's (ASX:RIO) chief executive, Jakob Stausholm, expressed no urgency in pursuing major mining sector deals, labeling a potential takeover of rival Anglo American as “all-consuming” for the world’s second-largest mining company.
Read MoreRio Tinto flat in half-year
Rio Tinto (ASX:RIO) delivered a flat result for the six months to June and maintained its interim dividend for shareholders despite stronger copper returns.
Read MoreBrazil’s Vale regains title from Rio Tinto
Vale, the big Brazilian iron ore giant, has had a rip-roaring bounce-back in the June quarter. So much so, it has snatched back the title of the world’s biggest producer from Rio Tinto.
Read MoreRio Tinto’s busy Tuesday: Production highlights, project updates, and emergency response
A busy Tuesday for Rio Tinto (ASX:RIO) included the June quarter production and sales report, news on its Simandou iron ore project in Guinea, and a decision to shut down a mine in Canada threatened by bushfires.
Read MoreRio Tinto and BHP on the takeover trail
Two media reports over the weekend suggest that Rio Tinto (ASX:RIO) and BHP (ASX:BHP) are still on the takeover trail.
Read MoreThe race for renewable fleet dominance in the Pilbara
Now for the Pilbara battle of the trucks: BHP (ASX:BHP) and Rio Tinto (ASX:RIO) are commencing joint trials on battery-electric trucks, while smaller rival Fortescue has already initiated trials with a green hydrogen-powered vehicle.
Read MoreRio Tinto declares force majeure on Aussie alumina due to gas shortage
Rio Tinto (ASX:RIO) has officially declared a force majeure on alumina shipments originating from its refineries in Queensland, Australia. The decision stems from a shortage of gas necessary to sustain its operations, according to sources familiar with the matter.
Read MoreRio Tinto suffers major incident with one of its autonomous iron ore trains
In the third incident of its type in 11 months, Rio Tinto (ASX:RIO) has suffered a major incident with one of its autonomous iron ore trains in the Pilbara overnight Monday.
Read MoreAnglo American: Hopes for a takeover battle
Meetings this week of shareholders in Anglo American in London and Rio Tinto (in Australia) will continue to focus on the fate of BHP $A60 billion all-share offer for the London-based miner.
Read MoreSteady as she goes: Rio Tinto’s quarterly
"Steady as she goes," was the reaction from Rio Tinto (ASX:RIO) management to production data that, on the whole, disappointed a little on the downside, especially for copper and somewhat for iron ore.
Read MoreRio Tinto’s annual share buyback battle
Chinalco of China continues to challenge Rio Tinto's share buyback resolutions, nearing the Australian government's shareholding limit at the miner's London annual meeting.
Read MoreNew lease of life for Arizona Copper Mine project
Quietly, an American appeals court has given a new lease of life to the chances of a new copper mine in Arizona, promoted by Rio Tinto and BHP for years. However, there’s still a long way to go, and there is no certainty the mine will ever be built despite this favorable ruling.
Read MoreRio Tinto maintains 2024 targets with slight rise in WA iron ore output
Rio Tinto (ASX:RIO) sticks to 2024 goals as WA iron ore inches up. Market challenges navigated with modest production increase.
Read MoreRio Tinto appoints new battery materials leader, Pilbara Minerals welcomes new chair
Rio Tinto has named Elias Scafidas as the new managing director of its battery materials division, effective early 2024, succeeding Marnie Finlayson, who recently concluded her tenure and is on extended leave.
Read MoreRio Tinto’s 2023 mining advancements and green commitments
It has been a bustling end to 2023 for Rio Tinto (ASX:RIO). A new iron ore mine in the Pilbara, confirmation of progress on a significant iron ore mine in Guinea, and finally, the long-awaited advancement in their Winu copper/gold and silver prospect towards the mining stage.
Read MoreRio Tinto to invest over half a billion dollars in Pilbara iron ore mine
Rio Tinto has announced plans to spend over half a billion dollars on exploration and other activities for its upcoming anchor iron ore mine in the Pilbara region, ensuring its significance for decades to come.
Read MoreRio Tinto retains top spot in iron ore shipments
In the September quarter, Rio Tinto (ASX:RIO) once again secured its position as the world's largest iron ore shipper. Meanwhile, Vale, its Brazilian rival, reclaimed its title as the largest miner for the three-month period.
Read MoreRio Tinto’s 2024 iron ore shipment forecast and production update
In its first estimate for 2024, Rio Tinto (ASX:RIO) has surprised by forecasting only a marginal rise, at best, in iron ore shipments over 2023. However, Rio also said that its shipments will only be maintained at this very high level by availability and shipments of its lower-grade ores (called SP10).
Read MoreRio Tinto’s silent surge in western Australia’s lithium frontier
In a strategic move aimed at securing its foothold in the booming battery minerals market, global mining giant Rio Tinto (ASX:RIO) has been quietly amassing exploration tenements in Western Australia, covering a staggering 145,000 hectares.
Read MoreInflation, iron ore, BHP, RIO, FMG, DRR
19 Jul 2022 – Fund Manager Chris Pedersen discusses inflation, iron ore, BHP Group, Rio Tinto, Fortescue Metals Group, Deterra Royalties.
Read MoreMajor US indexes rise as investors await CPI and PPI reports
12 Jul 2023 – Major US indexes rose Tuesday, a day after the major averages snapped a three-session decline, as traders await the June consumer price index report set for release on Wednesday, as well as the June producer price index due out on Thursday.
Read MoreTuesday Is News Day for Rio Tinto
A busy return from the King’s Holiday weekend for Rio Tinto with three material announcements made to the market on Tuesday.
Read MoreGreatland-Rio Tinto JV Elbowing In on Havieron
Greatland Gold said Tuesday that it has entered a joint venture agreement with Rio Tinto to speed up exploration across a tenure near the Havieron gold-copper project in WA.
Read MoreRio Tinto Sizes Up its Lithium Play Options
CEO Jakob Stausholm told Rio’s Australian AGM on Thursday that, while his company remains very interested in lithium, it doesn’t want to pay too much to play.
Read MoreRio Consolidates Spot Atop the Iron Ore Heap
The March quarter saw Rio Tinto retain its position as the world’s biggest iron ore company, while major rivals BHP and Brazil’s Vale marked time or lost ground.
Read MoreRio Tinto Off and Running for FY23
Rio Tinto has made a very strong start to its 2023 financial year with a stellar performance in its WA iron ore operations, where it reported a 16% lift in exports in the three months to March.
Read MoreRio Destined to Go All the Way with ERA
Rio Tinto says it will support ERA’s latest capital raising to help fund the continuing rehabilitation of the Ranger uranium mine in the Northern Territory to the end of June 2024.
Read MoreBig Oz Miners Look to Be Off the Hook in Chile
The news has slipped past most investors, but the copper mining interests of BHP, Rio Tinto and South 32 look likely to escape any punitive new taxes from the leftist government of Chile.
Read MoreSag in Iron Ore Price Doesn’t Miss Rio
Rio Tinto has fallen into line with rivals BHP and Fortescue by revealing a sharp fall in revenues, earnings and dividends for 2022 as iron ore prices sank and stayed sunk.
Read MoreVale Woes Keep Rio Atop the Iron Ore Heap
Rio Tinto has again held onto its position as the world’s number one iron ore miner after its big Brazilian rival Vale produced a surprisingly weak 4th quarter report.
Read MoreRio Numbers Strong but Well off their Peak
Despite production increases across most operations in 2022, Rio Tinto’s earnings for the year to December won’t go anywhere near 2021’s huge $US21.9 billion figure.
Read MoreChina Weakness Means Flat Iron Ore Profile for Rio
Rio Tinto this week provided a view of how it sees the Chinese economy travelling next year – no real improvement, with its iron ore guidance unchanged from 2022 levels.
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