Rio Tinto now the sole owner of Diavik diamond mine
Rio has acquired the 40% share held by partner Dominion Diamond, which has been released of all liabilities and obligations related to the mine.
Latest Stories
Global energy storage installation expected to be 20 times larger within a decade
BloombergNEF says boom in stationary energy storage will require more than $262 billion of investment.
SQM expects lithium prices to jump 50% before year-end
A sharp tightening of the market for lithium has seen prices double this year as demand is set to more than triple by 2025.
China’s coal support continues with $31bn finance promise
China provisions up to $31 billion in potential finance for new coal projects.
Australian investor groups voice concerns over Aboriginal heritage protection law
Indigenous heritage protection has become a hot-button issue since miner Rio Tinto legally destroyed culturally significant rock shelters for an iron ore mine 18 months ago.
Chart: How much gold is in the world?
In 2020, miners produced just over 3,000 tonnes of gold, and at this rate, underground reserves will last less than 18 years without new discoveries.
UEX files first updated resource for Horseshoe-Raven uranium project in a decade
The last time UEX filed a preliminary economic assessment for the project was 2011, and it is no longer current.
Uranium & nuclear power play a critical role in the US
Without nuclear power, carbon emissions from electricity production in the US would have been substantially higher over the last 40 years.
Rio Tinto adds new aluminum production to hot metals market
Rio Tinto will add 26,500 metric tons of capacity at its smelter in the Saguenay-Lac-Saint-Jean region of Quebec by 2023.
