Rio Tinto’s most technologically advanced iron mine, Gudai-Darri, has officially opened in the Pilbara region of Western Australia. The A$3.2 billion operation is expected to reach an annual capacity of 43 million tonnes. Read full article.
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Rio Tinto has entered into a strategic partnership providing iron and lithium products and a US$10M investment into clean tech innovator Nano One. Read full article.
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The traditional owners of Juukan Gorge have signed a non-binding Heads of Agreement (HOA) with Rio Tinto, which will guide the ongoing development and finalisation of the co-management of mining on the lands of the Puutu Kunti Kurrama and Pinikura people. Read full article.
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Rio Tinto has begun producing the critical mineral tellurium at its Rio Tinto Kennecott operation outside of Salt Lake City, Utah. Read full article.
Read MoreRio Tinto has become the first producer in North America of the critical mineral scandium oxide, which it has produced in high purity from its commercial-scale demonstration plant in Sorel-Tracy, Quebec, Canada. Read full article.
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After seven weeks of talks, Rio Tinto has confirmed that a new five-year labor agreement for the 1,300 workers at its Kennecott copper complex near Salt Lake City, Utah has been ratified. Read full article from North American Mining.
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After first announcing its plans last December with the inking of a binding agreement, Rio Tinto has completed its A$825 million acquisition of the Rincon lithium project in Argentina from Rincon Mining. Officials for the global miner said it has received approval of the deal from Australia’s Foreign Investment Review Board (FIRB). Rio Tinto chief executive Jakob Stausholm said the takeover…
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Rio Tinto has ended the force majeure that it declared last June at Richards Bay Minerals (RBM) in South Africa following what it called “violent community unrest” in the area. The miner declared the force majeure on 30 June 2021 for all of its customer contracts when there was an “escalation in the security situation” the month after RBM’s general…
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Rio Tinto has taken interest in acquiring the remaining shares it does not already own of Turquoise Hill Resources and the Oyu Tolgoi copper operation in Mongolia in a $2.7 billion cash proposal. Read full article from The Asia Miner.
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Rio Tinto, Turquoise Hill Resources and the Mongolian government have reached an agreement that will move the Oyu Tolgoi project forward, resetting the relationship between the partners and increasing the value the project delivers for Mongolia. As part of the deal, Turquoise Hill will waive the $2.4 billion in debt owed to it by the Mongolian government. Commencement of underground…
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