Rio Tinto notes that Mitsui & Co. has entered agreements to acquire a 40% interest in the Rhodes Ridge Joint Venture from Rio Tinto's partners. Mitsui & Co. has agreed to acquire all of VOC Group Limited's 25% interest1 in the joint venture. Separately, Mitsui & Co. has entered into a heads of agreement to acquire a further 15% interest in the RRJV from AMB Holdings Pty Ltd1. Both transactions are subject to regulatory [...]
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 and all mines are operating. Year to date, Dampier Port has been closed for 10 [...]
Arcadium Lithium has now received all required pre-closing regulatory approvals in connection with the proposed acquisition of Arcadium Lithium by Rio Tinto. This includes merger control clearance being satisfied or waived in Australia, Canada, China, Japan, South Korea, the United Kingdom and the United States, as well as investment screening approval being satisfied in Australia, Canada, Italy, the United Kingdom and [...]
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 Ports have been cleared and there are no longer any ships or trains operating at [...]
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 and the Queensland Red Cross, which are providing medical care, running evacuation centres and helping people recover from the disaster. Rio Tinto Chief Executive, Australia, Kellie [...]
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 Foundation and the Los Angeles Regional Food Bank will each receive a donation of $200,000. The funds will help support immediate disaster response services, including providing emergency [...]
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 external suppliers to larger, on-site pilots, with the aim of creating improved [...]
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 port facility, which shipped 45 million tonnes of total Rio Tinto Iron Ore shipments in 2024, was flooded after the weather event passed the coast, delivering 274mm to Karratha during 20 January 2025. Assessments are ongoing [...]
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 Australia on a path to becoming a leader in green metals manufacturing, while [...]
Rio Tinto released its quarterly operational report for the fourth quarter ending Dec 31, 2024, which included Iron Ore Company of Canada production and sales information. Specifically, Rio Tinto announced that in the fourth quarter of 2024, IOC had total saleable iron ore production of 4.31 million tonnes, comprised of 2.50 million tonnes of pellets and 1.81 million tonnes of concentrate for sale. Rio Tinto also [...]
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 iron ore assets in the Pilbara and our bauxite operations in Australia, where [...]
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 million in research funding from Rio Tinto will support two Research Chairs [...]