Rio Tinto Chief Executive Jakob Stausholm said: "We delivered another quarter of progress and maintained momentum at our Pilbara iron ore operations. We continued to make good headway ramping up our Oyu Tolgoi high-grade underground copper mine, our Kitimat aluminium smelter returned to full production, and we safely restarted the smelter and refinery at Kennecott after completing the largest rebuild in its history. We [...]
The Bell Centre, home of the Montreal Canadiens, is set to introduce infinitely recyclable cups made from aluminium produced in the Saguenay - Lac-Saint-Jean region, in Québec, for use at sporting and entertainment events thanks to a new partnership between Rio Tinto and the Montreal Canadiens. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20231012393009/en/ Rio [...]
Rio Tinto's Iron Ore Company of Canada has announced a major donation of CAN$4 million over two years to the Cégep de Sept-Îles in Quebec, Canada for the construction of its new pavilion for training, research and innovation in the railway, industrial maintenance and energy intelligence industries. The initiative is part of a long-standing collaboration between IOC and the local college, notably through the RAIL Centre of [...]
Rio Tinto has appointed Jérôme Pécresse to lead its Aluminium business, succeeding Ivan Vella. Jérôme, who was until recently President and CEO of General Electric Renewable Energy, will join Rio Tinto on 23 October 2023. Jérôme is a French citizen with over 30 years of business experience, including senior leadership roles in global companies in the mining and energy fields. He joined GE in 2015, when GE completed its [...]
Rio Tinto and First Quantum Minerals have completed a transaction to form a joint venture that will work to unlock the development of the La Granja project in Peru, one of the largest undeveloped copper deposits in the world. La Granja is a complex orebody located at high altitude in Cajamarca, Northern Peru, that has the potential to be a large, long-life operation, with a published Indicated and Inferred Mineral [...]
Rio Tinto and the Simfer1 joint venture reached an important milestone today by concluding key agreements with the Republic of Guinea and Winning Consortium Simandou2 on the trans-Guinean infrastructure for the world class Simandou iron ore project. The Co-Development Convention with the Republic of Guinea and associated agreements adjusting Simfer and WCS's existing mine conventions create the legal framework for the [...]
Rio Tinto's Diavik Diamond Mine will build the largest solar power plant across Canada's territories, featuring over 6,600 solar panels that will generate approximately 4,200 megawatt-hours of carbon-free electricity annually for the mine. The solar power plant will provide up to 25% of Diavik's electricity during closure work that will run until 2029, with commercial production from the operation expected to end in early [...]
Rio Tinto has today disclosed detailed information on 14 of its global tailings facilities and their progress towards conformance with the Global Industry Standard on Tailings Management . These tailings facilities are those rated Very High or Extreme under GISTM classifications, based on the highest potential consequences in the extremely unlikely event of a failure. Rio Tinto Chief Technology Officer Mark Davies said [...]
Rio Tinto has agreed to purchase PanAmerican Silver's stake in Agua de la Falda S.A. , a company with exploration tenements in Chile's prospective Atacama region, and to enter a joint venture with Corporación Nacional del Cobre de Chile to explore and potentially develop Agua de la Falda's assets. Under the agreement, Rio Tinto will acquire PanAmerican Silver's 57.74% operating stake in Agua de la Falda for $45 million [...]
Rio Tinto has committed $150 million to create a Centre for Future Materials led by Imperial College London to find innovative ways to provide the materials the world needs for the energy transition. The 'Rio Tinto Centre for Future Materials' will fund research programmes to transform the way vital materials are produced, used and recycled, and make them more environmentally, economically and socially sustainable. Under [...]
Rio Tinto and Giampaolo Group, one of North America's largest fully-integrated metal management businesses, have entered into an agreement to form a joint venture to manufacture and market recycled aluminium products. The transaction reflects the joint venture partners' shared commitment to meeting the increasing demand for low-carbon aluminium as a key material in the energy transition. Under the terms of the agreement [...]
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