LONDON: Mining giants Rio Tinto and Glencore confirmed they are in preliminary discussions about a deal that could see Rio Tinto acquire “some or all” of Glencore, a merger that would create the world’s largest mining company with a combined…
PERTH — Rio Tinto has signed a Joint Development Agreement with Australian environmental technology company Calix to advance construction of a demonstration plant for Calix’s Zero Emissions Steel Technology (Zesty™) in Western Australia, aiming to enable Pilbara iron ores to…
SYDNEY – Volt Group Ltd (ASX: VPR) said on Wednesday it will acquire Perth-based 4D Delta Pty Ltd, a profitable provider of digital asset inspection and condition monitoring technologies, in a deal valued at A$7.25 million. The acquisition, comprising equal…
LONDON: Rio Tinto, Mitsui and Nippon Steel will invest $733 million1 (Rio Tinto share $389 million) to develop the West Angelas Sustaining Project, part of the Robe River Joint Venture in Western Australia’s Pilbara region. The project, to develop new iron…
Rio Tinto allocates $1b annual spend for mine closures, including Gove refinery rehabilitation LONDON: Rio Tinto announced first-half net earnings of $4.5 billion attributable to shareholders on Wednesday, down from $5.8 billion a year earlier, as lower iron ore prices offset…
LONDON: The Board of Rio Tinto has appointed Simon Trott to succeed Jakob Stausholm as Chief Executive, with effect from 25 August 2025. Simon, currently Iron Ore Chief Executive, has a track record of exceptional delivery over 25 years in roles across…
PERTH: Rio Tinto and Hancock Prospecting will invest $1.61 billion to develop the Hope Downs 2 iron ore project in Western Australia’s Pilbara region, the companies announced. Rio Tinto’s share of the investment is $800 million. The project, which has received…
SANTIAGO: Rio Tinto and Chile’s state-owned Corporación Nacional Del Cobre de Chile (“Codeleo”) have signed binding agreements to develop a lithium project in the Salar de Maricunga, a high-grade lithium resource in Chile’s Atacama region. The joint venture aims to…
ALMA: Rio Tinto is investing $1.2 billion (CA$1.7 billion) to modernize its Isle-Maligne hydroelectric power plant, marking its largest single investment in hydroelectric assets since the 1950s. The renovation aims to secure the future of low-carbon aluminum production in Quebec’s…
SYDNEY: Rio Tinto has announced that Mitsui & Co. has entered into agreements to acquire a 40% interest in the Rhodes Ridge Joint Venture (RRJV) from Rio Tinto’s partners. Mitsui & Co. has agreed to acquire all of VOC Group…
LONDON: Rio Tinto and Arcadium Lithium plc (NYSE: ALTM) announced a definitive agreement under which Rio Tinto will acquire Arcadium in an all-cash transaction for US$5.85 per share. The transaction represents a premium of 90% to Arcadium’s closing price of…
LONDON: Green Lithium, the UK-based, low-carbon lithium refinery developer, has today announced the signing of a memorandum of understanding to develop a lithium supply chain commercial partnership with Rio Tinto, the global metals processing and mining company. This agreement marks…