Rio Tinto Mining News

Over 40% of minority shareholders of Turquoise Hill oppose independent directors

Sailingstone, its second biggest investor, flagged its vote in an open letter last month, citing governance issues and the board's lack of engagement with minority investors.

Rio Tinto may start mining lithium in Serbia by 2023

No decision will be made until the end of 2020, when the company expects to have completed a study on the Jadar, which is estimated to contain 10% of the world's lithium reserves.

Rio Tinto’s iron ore mine expansion gets environmental nod

Approval is subject to conditions, including the protection of national park water resources and endangered ghost bats.

Turquoise Hill’s role in Oyu Tolgoi-related decisions may change this week

SailingStone Capital, the second largest shareholder in Rio Tinto- controlled Turquoise Hill is expected to vote against the re-election of the Canadian miner’s board members this week.

Top miners saw positive FY2018

Supported metal prices, debts being slashed, and production efficiency growth were the keys for the good performance.

Rio Tinto shipping more aluminium to Europe as US demand slows

The company says demand for its products had not been impacted by the US-China trade dispute.

Rio Tinto and Caterpillar to build intelligent mine in Western Australia

Once completed, the mine will have an annual capacity of 43 million tonnes, underpinning output of the Pilbara Blend, Rio Tinto’s flagship iron ore product.

Rio Tinto speeds up exploration at Winu copper find in Western Australia

Rio has so far drilled 24 holes at the site and will continue extensive drilling in months to come as part of its $250 million exploration program.

Mine versus lab: how green is your diamond?

Mined diamonds are less carbon-intensive than man-made, but their producers should use more green energy, according to a study.

World Bank, Germany, Rio and Anglo set up "climate smart" mining fund

The World Bank is targeting a total investment of $50 million, to be deployed over a 5-year timeframe.

INFOGRAPHIC: Metals and minerals used in renewable power generation

Global demand for strategic minerals like lithium, graphite and nickel will skyrocket by 965%, 383% and 108% respectively by 2050, according to the World Bank’s updated 2018 projections.

Iron ore miners should take advantage of high prices and improve their credit scores: Fitch

The credit ratings and research division of the Fitch Group says producers should take advantage of the current environment of lower supply, healthy demand and higher prices.

Rio finds one of its largest white diamonds ever at Argyle mine

The 28-carat diamond, named Argyle Octavia, will be auctioned in Antwerp, Belgium.

Nerves of steel are needed if iron rally is over: taking stock

The Stoxx Europe 600 is still stuck in a tight range as the earnings season is getting into full swing.

Rio Tinto warning may rupture mining industry into green and dirty

Rio Tinto's warning to mining lobby groups that they have to acknowledge the threat of climate change is likely a sign that the industry will inevitably fracture into two camps.

Rio Tinto injects another $302m into Resolution copper project in Arizona

Investment will go towards more drilling, orebody studies, infrastructure improvements and permitting activities.

Iron ore price rally could give BHP, Rio Tinto 30% earnings boost

The supply/demand dynamics benefit Australia’s iron ore miners, according to the latest research by the Macquarie Group.

Rio Tinto says fire damages Pilbara iron ore operation

The company does not say whether this would impact shipping of the mineral.

Rio Tinto to join World Bank's green mining program

Rio Tinto plans to offer technical consulting advice, as well as contribute $1 million over five years to the program.

Mongolia lawmakers seek to rewrite Oyu Tolgoi deal

The Gobi desert copper deposit promises to become one of Rio Tinto’s most lucrative properties, but it has been subject to repeated challenges from politician.

Iron ore thunders higher as mine dams closed, exports collapse

Futures topped $90 a tonne on Wednesday amid increasing concern the crisis at Brazil’s Vale SA will be drawn out as regulators ordered dozens of dams to be shut.

Iron ore prices shift structurally higher on Vale woes

Iron ore prices in China reached a record high on Tuesday as market participants wrestled two dilemmas, namely the weather-related disruptions from Australia and the safety outages in Brazil.

Rio Tinto cuts 2019 iron ore shipment outlook after cyclone

Rio Tinto on Monday cut its 2019 outlook for iron ore shipments from Australia's Pilbara region due to production disruption and damage caused by tropical cyclone Veronica, which hit Western Australia last week. The world's […]

Australian miners see some impact from two cyclones, clean up begins

Businesses affected included those in the iron ore export hubs of the Pilbara region, as well as Rio Tinto's bauxite operations in Weipa to the east.

Rio Tinto halts rail, mine operations in Western Australia as cyclone hits

The suspension comes after Rio, BHP, and Fortescue on Thursday cleared their ships from ports ahead of Cyclone Veronica.