M Critical Minerals has acquired two copper projects in the North West province of Queensland from Rio Tinto, it announced on February 16.
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Rio Tinto, Glencore merger talks collapse
Rio Tinto has walked away from merger talks with Glencore, as the two miners couldn’t strike a deal that delivered sufficient value to shareholders, reported Reuters.
Read MoreBougainville rejects Chinese partner for Panguna mine
The Pacific island of Bougainville has rejected a partnership with Chinese miner CMOC to reopen the Panguna gold-copper mine, instead opting to deal with Indian company Lloyds Metals & Energy, reported Reuters. Panguna, formerly operated by Rio Tinto, was once a major export earner for Papua New Guinea but closed in 1989 due to civil war. According to the news…
Read MoreRio Tinto ups Kennecott’s solar power capacity
Rio Tinto has confirmed it recently energized a new 25-megawatt solar plant at the Kennecott copper operations complex in Utah, showcasing a circular critical-minerals supply chain in which tellurium produced at the site is used to manufacture the panels now powering it. Full story.
Read MoreRio Tinto, BHP to tackle Pilbara iron ore together
Global miners Rio Tinto and BHP have inked a collaboration that will have them working in tandem to extract up to 200 million tonnes of iron ore at their neighbouring Yandicoogina and Yandi iron ore operations in the Pilbara region of Australia. Under two non-binding Memoranda of Understanding (MOUs), the companies will explore the potential for a collaboration on the…
Read MoreAWS to use Nuton copper in data centers
Rio Tinto announced a two-year agreement with Amazon Web Services (AWS) that will see AWS become Nuton Technology’s first customer following an industrial-scale deployment of the bioleaching technology at Gunnison Copper’s Johnson Camp mine last month. Full story.
Read MoreRio Tinto, Glencore restart merger talks
Rio Tinto and Glencore are in preliminary talks about a possible merger, which would create the world’s largest mining company with a combined market value of over US$200 billion. This follows discussions in 2024 that were abandoned after a disagreement over valuations. The companies said they are currently discussing a potential combination of some or all of their businesses, including…
Read MoreArizona Sonoran signals end to Cactus project JV
Arizona Sonoran Copper Co. and Nuton, a Rio Tinto venture, have mutually agreed to commence discussions in January regarding an amicable early termination of the option to joint venture on the Cactus copper project in Arizona.
Read MoreMonadelphous secures contract for Brockman mine hub
Engineering company Monadelphous Group has won a major construction contract with Rio Tinto associated with the Brockman Syncline 1 mine project, located within the Brockman mine hub in the West Pilbara.
Read MoreRio Tinto produces first copper with Nuton technology
After more than 30 years of research and development, the first copper cathode using Rio Tinto’s Nuton technology, a proprietary bioleaching process that relies on microorganisms grown on site, was produced at Gunnison Copper’s Johnson Camp mine in Arizona last month. Full story.
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