Rio Tinto

Australia unveils rescue bid for Rio Tinto's Tomago aluminium smelter

“If Australia doesn’t produce aluminium, then the knock-on effect in other industries is significant,” warns Prime Minister Anthony Albanese

ZiJin Mining Group’s Shanghai shares closed on Thursday (Sep 25) at their highest level ever, delivering a market capitalisation of about 732 billion yuan.

China’s mining giant Zijin tops US$100 billion in value to near BHP, Rio Tinto

[SHANGHAI] China’s Zijin Mining Group is worth more than US$100 billion at the market close for the first time, after a decade-long growth push that’s put it in the big league of metals miners along w...

Rio Tinto, the world’s largest iron ore miner, suspended activities at Guinea’s SimFer mine site after an incident there left a contract worker dead.

Iron ore hits over one-week high as Rio Tinto suspends work at Guinea mine

This has raised fears of a potential delay in production start at the mine

Rio Tinto expects to spend more than US$13 billion on iron ore mines to replace depleted ones in Western Australia in the next three years alone.

Mining giants squeeze dividends with an eye toward funding growth

Prices of key commodities iron ore and coal have dropped around 13% since the start of the year

Iron ore prices eased in the first half of the year as steel production in top consumer China declined and more supply from Australia, Brazil, and South Africa came to the global market, denting Rio Tinto’s earnings from the steel-making raw material.

Rio Tinto posts smallest first-half profit in five years

It reported underlying earnings of US$4.81 billion for the six months ended June 30

The company has faced calls from an activist investor to unify its dual listing into an Australian-domiciled holding company.

Rio Tinto scraps plans to raise up to US$5 billion in share sale

The fundraising could have been used to help pay for its US$6.7 billion takeover of Arcadium Lithium as well as rebalance its shareholding between UK and Australian investors

Rio expects total losses of 13 million metric tonnes of iron ore from tropical cyclones that have hit Australia’s west coast and snarled iron ore shipments so far this year.

Rio Tinto opposes bid to cut London listing, 2024 profit hits five-year low

Rio is derives most of its profits from iron ore but is increasingly focused on copper

A merger between the firms has the potential to be the largest ever in the mining industry.

Rio Tinto and Glencore discussed merger but talks no longer active: source

Rio and Glencore have discussed combining their operations in the past

Rio would gain access to lithium mines, processing facilities and deposits across four continents to fuel decades of growth, as well as a customer base that includes Tesla, BMW and General Motors.

Rio Tinto to become third-largest lithium producer with US$6.7 billion Arcadium buy

Rio Tinto will acquire the US-based lithium producer for US$5.85 per share