Rio Tinto, Glencore restart merger talks

glencore_bulga-coal-complex

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…

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Rio Tinto’s Karratha-made rail cars to hit tracks

Photo: Gemco Rail

Rio Tinto’s first Pilbara-made iron ore rail car has rolled off the production line in Karratha, as part of a A$150 million partnership with rail industry supplier Gemco Rail to build 100 rail cars in Western Australia. The first Karratha-made rail car follows the completion of 40 rail cars under the partnership at Gemco Rail’s Perth facility earlier this year,…

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Rio Tinto, Calix partner for low-emissions steelmaking tests

Rio Tinto has signed a joint development agreement (JDA) with Australian environmental technology company Calix to support the construction of Calix’s Zero Emissions Steel Technology, or Zesty, demonstration plant in Western Australia. The move, which could enable Pilbara iron ores to be used in lower-emissions steel making, will be located at a site in Kwinana, south of Perth. That property…

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Rio Tinto unveils final Beyond Rare diamond tender

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Rio Tinto has launched its final Beyond Rare Tender, the third in its annual Art Series, featuring 52 lots of rare diamonds. The final collection pays homage to the life of the Argyle diamond mine in Australia, which ceased operations in 2020, and the Diavik diamond mine in Canada that will cease production next year. The collection, weighing 45.44 carats,…

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Fatal accident at Rio Tinto Simandou project

Rio Tinto said an employee of a contracting company has died following an incident at the SimFer mine site in Nzérékoré, Guinea, on August 22. “We extend our deepest condolences to the family, friends and colleagues impacted by this tragic event as well as the wider community. We will offer all the support we can at this very difficult time…

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