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 [...]
The Government of Canada awarded C$18.1 million from its Low Carbon Economy Fund to Rio Tinto's Iron Ore Company of Canada to support the decarbonization of iron ore processing at its operations in Labrador West. The funding will enable IOC to reduce the amount of heavy fuel oil that is consumed in the production of iron ore pellets and concentrate. The company will install an electric boiler to displace emissions from [...]
Rio Tinto announces that Simon McKeon will step down as a Non-Executive Director at the conclusion of the Rio Tinto Ltd. annual general meeting on 2 May 2024. Over the course of 2023, we announced the appointments of five new Non-Executive Directors as we continue to refresh the composition of the Board. As part of that phased transition, Simon McKeon has agreed to step down as a Director at the conclusion of our annual [...]
Rio Tinto has signed Australia's largest renewable power purchase agreement to date to supply its Gladstone operations in Queensland, agreeing to buy the majority of electricity from Windlab's planned 1.4GW Bungaban wind energy project. The agreement, which follows the announcement last month of a PPA for the Upper Calliope solar farm in Queensland, will make Rio Tinto the biggest industrial buyer of renewable power in [...]
We have been informed by authorities that four team members from our Diavik diamond mine and two airline crew members have died in a plane crash near Fort Smith, Northwest Territories, Canada. Another member of our Diavik team survived the crash and received treatment in hospital. The charter flight was on its way to Diavik. Rio Tinto Chief Executive Jakob Stausholm said: "We are feeling numb with the devastating news [...]
We have been informed by authorities that a plane on its way to our Diavik mine, carrying a number of our people, crashed near Fort Smith, Northwest Territories, Canada, resulting in fatalities. Rio Tinto Chief Executive, Jakob Stausholm said "I would like to extend our deepest sympathy to the families, friends, and loved ones of those who have been affected by this tragedy. As a company we are absolutely devastated by [...]
Rio Tinto will drive development of Australia's largest solar power project near Gladstone, after agreeing to buy all electricity from the 1.1GW1 Upper Calliope Solar Farm to provide renewable power to Rio Tinto's Gladstone operations. The agreement will bring more renewable power into one of Australia's most important industrial hubs and marks another step towards Rio Tinto's climate goal of halving its global Scope 1 [...]
FN Media Group Presents USA News Group News Commentary USA News Group - Argentina's lithium industry is kicking off 2024 with a bang, as a new report from the Rosario Stock Exchange projects the country's production to surpass both Chile and Australia by 2027. According to the report: "In a context where lithium production is expected to grow 8% annually in Chile and 16% in Australia by 2027, the average annual increase [...]
Dampier Salt Limited has entered into a sales agreement for the Lake MacLeod salt and gypsum operation in Carnarvon, Western Australia, with privately-owned salt company Leichhardt Industrials Group for A$375 million . Completion of the sale is conditional on certain commercial and regulatory conditions being satisfied, and this is expected to occur by the end of the year. Rio Tinto's Managing Director Port, Rail & Core [...]
Rio Tinto Chief Executive Jakob Stausholm said: "We were fatality free for the fifth consecutive year at our managed operations but we remain vigilant and continue to learn from safety incidents. The Group's total copper equivalent production increased by just over 3% from 2022, reflecting the Gudai-Darri mine in the Pilbara reaching its nameplate capacity and deployment of our Safe Production System. We also benefited [...]
Rio Tinto has appointed Martina Merz and Sharon Thorne as non-executive directors. Martina Merz will join the Board on 1 February 2024 and will therefore stand for election at the annual general meetings of the company in 2024. Sharon Thorne will join the Board on 1 July 2024 and will therefore stand for election at the annual general meetings of the company in 2025. Martina Merz, a German citizen, brings extensive [...]
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