Browsing Tag
Rio Tinto
76 posts
Mining’s biggest trucks no longer need drivers, and the economics are starting to show
Autonomous haul trucks are already moving billions of tonnes of iron ore, gold and other materials across some of the world’s largest mines. Rio Tinto, BHP and Fortescue have pushed driverless haulage into large-scale commercial operations, while Komatsu has commissioned its 1,000th ultra-class autonomous truck. The next disruption is moving beyond removing drivers as fleet-management software begins coordinating traffic, equipment utilisation, maintenance and, increasingly, the energy needed to run battery-electric mining fleets.
Simandou Iron Ore Project: Guinea’s 120Mtpa export system ramps up in 2026
The Simandou Iron Ore Project in southeast Guinea is a high-grade iron ore, railway and port development led by SimFer, WCS, Rio Tinto, Chinalco, Baowu and the Government of Guinea, with shared rail and port infrastructure designed to export up to 120 million tonnes per year from the SimFer and WCS concessions combined.
Rio Tinto and WA Government agree A$1.1bn Dampier desal sale to Yindjibarndi
Rio Tinto (ASX: RIO) will divest its A$1.1bn Pilbara desalination stake to Yindjibarndi WaterCo, retaining water supply days before its 29 July results.
Bradda Head Lithium (AIM: BHL) fundraise targets early 2027 production decision
Bradda Head Lithium has raised £2.12 million and agreed to convert US$1.87 million of shareholder-backed loans into equity as it prepares drilling at Whistlejacket and San Domingo. The financing removes near-term debt pressure and funds key Arizona programmes, but existing shareholders face material dilution while the company remains several technical and financing stages away from production.
How Newmont’s executive overhaul could influence costs, projects and shareholder returns
Newmont’s coordinated appointment of a chief financial officer, chief operating officer and chief technical officer signals a tighter focus on mine performance, project discipline and shareholder returns under Natascha Viljoen.
Brazilian Rare Earths (ASX: BRE) builds toward Q3 pilot plant commissioning as Monte Alto trial mining licence sets up the next leg
China controls rare earth supply. The Pentagon set a NdPr floor at US$110/kg. Brazilian Rare Earths (ASX: BRE) sits in the middle, with a pilot plant due Q3 2026.
Anglo American agrees $3.9bn Australian coking coal sale to Dhilmar, completing steelmaking coal exit before Teck merger closes
Anglo American just sold its best non-copper asset for $3.88 billion. The buyer is barely 18 months old. The Teck merger countdown explains why.
Sandfire Resources (SFR) surges 4.9% as copper rally and Peru supply shock lift ASX miners
Peru's energy crisis and a Chinese sulphuric acid export ban have tightened global copper supply. Sandfire Resources is the cleanest ASX way to play it.
Yindjibarndi Energy advances Pilbara solar project with Rio Tinto as long-term buyer
Pilbara mines need cleaner power. Jinbi gives Rio Tinto a solar answer while testing whether Indigenous-led infrastructure can scale.
ASX 200 climbs to two-week high as miners reignite commodity supercycle trade, BHP, Rio Tinto and Sandfire lead broad materials rally
Base metals are flat. Iron ore hasn't moved. So why are BHP, Rio Tinto and Sandfire ripping the ASX 200 to a two-week high? Sentiment is rotating fast.