Rio Tinto, a leading global mining group, is making a groundbreaking move in the mining industry with its announcement at the Investor Seminar regarding the Simandou iron ore project in Guinea. The project, a partnership with CIOH (a Chinalco-led consortium), Winning Consortium Simandou (WCS), Baowu, and the Republic of Guinea, represents a significant investment in […]
Rio Tinto has authorized a significant investment of $77 million (A$110 million) for a pre-feasibility study (PFS) on the Rhodes Ridge iron ore project in the East Pilbara region of Western Australia. This project is recognized as one of the world’s premier undeveloped iron ore deposits. Exploration and Development Plans for Rhodes Ridge Following the […]
Rio Tinto, a leading global mining group, has announced the approval of a significant renewable energy project for its Amrun bauxite operations near Weipa in Queensland, Australia. The project includes a 12.4MW solar farm and 8.8MVa/2.1MWh of battery storage. This initiative is a key part of Rio Tinto’s global decarbonisation strategy, aimed at reducing emissions […]
In a significant move for the Australian lithium mining industry, Charger Metals NL (ASX: CHR) has announced a binding farm-in agreement with Rio Tinto Exploration Pty Ltd (“RTX”), a subsidiary of global mining giant Rio Tinto Limited (ASX: RIO). This partnership focuses on the development of the Lake Johnston Lithium Project located in the Yilgarn […]
Rio Tinto and First Quantum Minerals have finalized a joint venture to expedite the development of the La Granja copper project in Peru. The venture comes at a time when the demand for copper is surging due to its pivotal role in green technologies and the global energy transition. This joint venture aims to unlock […]
Rio Tinto’s Diavik Diamond Mine is taking a monumental leap towards a sustainable future, unveiling plans to construct the most expansive solar power plant in Canada’s Northern Territories. This ambitious initiative will incorporate more than 6,600 solar panels, producing around 4,200 megawatt-hours of eco-friendly electricity every year. Harnessing the Power of the Sun and Snow […]
Rio Tinto, the multinational metals and mining corporation, and Giampaolo Group, a prominent metal management business in North America, have agreed to establish a joint venture that aims to produce and sell recycled aluminium products. The joint venture aligns with the companies’ shared commitment to addressing the growing demand for low-carbon aluminium, seen as a […]
In an effort to reduce carbon emissions from the alumina refining process, global mining group Rio Tinto and Japan’s Sumitomo Corporation have announced a partnership to construct a pioneering hydrogen plant in Gladstone, Queensland. The project, coined the Yarwun Hydrogen Calcination Pilot Demonstration Program, has secured a government co-funding of A$32.1 million from the Australian […]
NRW Holdings Limited announced that its wholly owned subsidiary, Primero Group Limited, has been awarded a significant contract by Rio Tinto for work at the Western Range Mine Site in the Pilbara region of Western Australia. The contract, valued at approximately AUD 54 million, further strengthens NRW Holdings’ position in the mining and construction industry […]
Rio Tinto has agreed to acquire the Platina Scandium Project in New South Wales (NSW), Australia from Platina Resources Limited for $14 million. The high-grade scandium resource is located near Condobolin in central New South Wales. The Platina Scandium Project includes an extremely high-quality, long-life scaled resource that can produce up to 40 tonnes per […]