Rio Tinto

Rio Tinto and Komatsu partnering for zero-emission mining

Monday, August 2, 2021 - 8:29am

Rio Tinto and Komatsu are partnering to fast-track the development and implementation of zero-emission mining haulage solutions, including haul trucks.

Key Points: 
  • Rio Tinto and Komatsu are partnering to fast-track the development and implementation of zero-emission mining haulage solutions, including haul trucks.
  • Rio Tinto will conduct a pre-production trial of the new equipment at a Rio Tinto site and has the option to purchase some of the first trucks from Komatsu once they are commercially viable.
  • Alf Barrios, Rio Tintos Chief Commercial Officer said: Rio Tinto and Komatsu have a shared history of partnership on innovation going back to when we built the worlds largest Komatsu autonomous haulage fleet in 2008.
  • Max Moriyama, President, Mining Business Division of Komatsu Ltd said Komatsu was honoured to continue to partner with Rio Tinto.

Rio Tinto commits funding for Jadar lithium project

Tuesday, July 27, 2021 - 5:03pm

Rio Tinto has committed $2.4 billion to the Jadar lithium-borates project in Serbia, one of the worlds largest greenfield lithium projects.

Key Points: 
  • Rio Tinto has committed $2.4 billion to the Jadar lithium-borates project in Serbia, one of the worlds largest greenfield lithium projects.
  • Rio Tinto is committed to help develop local businesses so that they can support the operation over the coming decades.
  • Rio Tinto Chief Executive Jakob Stausholm said We have great confidence in the Jadar project and are ready to invest, subject to approvals.
  • Based on this annual production of lithium carbonate, Rio Tinto aims to produce 2.3 million tonnes of lithium carbonate over the expected 40-year life of mine.

BC Works (Kitimat) smelter reduces production following strike

Monday, July 26, 2021 - 8:32pm

Rio Tinto has begun reducing production at its BC Works aluminium smelter in Kitimat, Canada due to a strike initiated by the Unifor Local 2301 union after negotiations failed to reach a new collective labour agreement.

Key Points: 
  • Rio Tinto has begun reducing production at its BC Works aluminium smelter in Kitimat, Canada due to a strike initiated by the Unifor Local 2301 union after negotiations failed to reach a new collective labour agreement.
  • Production will be reduced to around 35 per cent of the smelters 432,000 tonne annual capacity, so that it can safely be operated by staff and employees required under an essential services order granted by the BC Labour Relations Board.
  • A reduced workforce is also in place to ensure the Kemano hydro-power facility continues to run safely.
  • Rio Tinto employs approximately 1,050 people at the BC Works smelter and Kemano powerhouse, including around 900 employees represented by Unifor Local 2301.

Rio Tinto signs groundbreaking renewable energy agreement in Madagascar

Monday, July 26, 2021 - 12:14pm

Rio Tinto has signed a power purchasing agreement for a new renewable energy plant to power the operations of its QMM ilmenite mine in Fort Dauphin, Southern Madagascar.

Key Points: 
  • Rio Tinto has signed a power purchasing agreement for a new renewable energy plant to power the operations of its QMM ilmenite mine in Fort Dauphin, Southern Madagascar.
  • This project, which uses solar and wind energy, will significantly contribute towards Rio Tintos operations in Madagascar achieving its carbon neutral objective by 2023.
  • Rio Tinto Minerals Chief Executive Sinead Kaufman said: With this flagship project, QMM is leading the way at Rio Tinto and in Madagascar in utilizing renewable energy to power mining operations and reduce carbon emissions.
  • QIT Madagascar Minerals (QMM), is a joint venture between Rio Tinto (80%) and the government of Madagascar (20%).

Rio Tinto smelter workers in Kitimat on strike

Sunday, July 25, 2021 - 8:33am

KITIMAT, BC, July 25, 2021 /CNW/ - Approximately 900 Rio Tinto workers at the company's aluminum smelting facilities in Kitimat, British Columbia are on strike as of 12:01 a.m. Pacific Time today.

Key Points: 
  • KITIMAT, BC, July 25, 2021 /CNW/ - Approximately 900 Rio Tinto workers at the company's aluminum smelting facilities in Kitimat, British Columbia are on strike as of 12:01 a.m. Pacific Time today.
  • Rio Tinto workers at the company's aluminum smelting plant in Kitimat are on strike as of 12:01 a.m. Pacific Time today.
  • "This strike comes down to Rio Tinto's greed and lack of respect for our hard-working members at the Kitimat smelting facilities," said Jerry Dias, Unifor National President.
  • Unifor Local 2301 remains committed to resolving the labour dispute amicably and urges Rio Tinto management to reach a fair settlement with the union.

Rio Tinto Leaders Join Talon Metals Team as the Tamarack Nickel Project Becomes Critical to a Domestic EV Battery Supply Chain

Thursday, July 22, 2021 - 12:30pm

Brian brings 15 years of geology and exploration experience with Rio Tinto, of which the vast majority has been spent directly on the Tamarack Nickel Project.

Key Points: 
  • Brian brings 15 years of geology and exploration experience with Rio Tinto, of which the vast majority has been spent directly on the Tamarack Nickel Project.
  • "We are thrilled to have three seasoned Rio Tinto members join the Talon team," said Henri van Rooyen, CEO of Talon.
  • "Brian and Dean have a long history with the Tamarack Nickel Project and it will be great to have them formally join the Talon team as executives.
  • Talon is a TSX-listed base metals company in a joint venture with Rio Tinto on the high-grade Tamarack Nickel-Copper-Cobalt Project located in Minnesota, USA, comprised of the Tamarack North Project and the Tamarack South Project.

Rio Tinto progresses studies for potential underground mining at Kennecott copper

Thursday, July 22, 2021 - 2:00pm

Rio Tinto has approved a $108 million investment in underground development to enable early orebody access and undertake orebody characterisation studies for underground mining at the Kennecott copper operations in the United States.

Key Points: 
  • Rio Tinto has approved a $108 million investment in underground development to enable early orebody access and undertake orebody characterisation studies for underground mining at the Kennecott copper operations in the United States.
  • The investment builds on $25 million approved in early-2020 to complete a pre-feasibility study to determine the viability of underground mining operations at Kennecott.
  • Potential underground mining would occur concurrently with open pit operations and result in increased copper output.
  • Kennecott holds the potential for a significant and attractive underground development, with declared Mineral Resources of 20 Mt at 3.65% copper and 1.62 g/t gold1 with further upside potential based on drilling.

Unifor Serves Rio Tinto with 72 Hour Strike Notice

Thursday, July 22, 2021 - 12:25am

KITIMAT, BC, July 21, 2021 /CNW/ - After achieving a historic 100% strike vote result and nearly seven weeks of unproductive negotiations with Rio Tinto, Unifor Local 2301 has served the company with a 72-hour strike notice.

Key Points: 
  • KITIMAT, BC, July 21, 2021 /CNW/ - After achieving a historic 100% strike vote result and nearly seven weeks of unproductive negotiations with Rio Tinto, Unifor Local 2301 has served the company with a 72-hour strike notice.
  • After a historic strike vote and weeks of unproductive talks, Unifor serves Rio Tinto with a 72-hour strike notice.
  • "Unifor members' historic, unanimous, strike vote speaks volumes to the culture of disrespect and unfair treatment Rio Tinto has created over many years," said Jerry Dias, Unifor National President.
  • "What is surprising is how, despite record-setting profits, Rio Tinto appears so unwilling to work with us and treat our members fairly."

Richards Bay Minerals shuts furnace as engagement continues

Wednesday, July 21, 2021 - 7:23am

Rio Tinto’s Richards Bay Minerals (RBM) operation in South Africa will shut one of its four furnaces due to the depletion of available feedstock at the plant. This is the result of mining operations being halted following an escalation in the security situation at the operations which significantly hampered the mine’s ability to operate safely. Rio Tinto declared Force Majeure on our customer contracts at RBM on 30 June 2021.

Key Points: 
  • Rio Tintos Richards Bay Minerals (RBM) operation in South Africa will shut one of its four furnaces due to the depletion of available feedstock at the plant.
  • Rio Tinto declared Force Majeure on our customer contracts at RBM on 30 June 2021.
  • RBMs decision to shut one furnace will reduce the call on the stockpile and limit the long-term impacts of a shutdown on the RBMs furnaces.
  • Rio Tinto chief executive Minerals, Sinead Kaufman, said: Shutting a furnace has a major impact on the business and broader community and it not a decision we have taken lighty.

Rio Tinto and Bougainville community residents reach agreement to assess legacy impacts of Panguna mine

Tuesday, July 20, 2021 - 11:26pm

Rio Tinto and Bougainville community members, represented by the Human Rights Law Centre, have reached an agreement to identify and assess legacy impacts of the former Panguna copper mine in Bougainville. This follows several months of constructive discussions facilitated by the Australian OECD National Contact Point (AusNCP).

Key Points: 
  • Rio Tinto and Bougainville community members, represented by the Human Rights Law Centre, have reached an agreement to identify and assess legacy impacts of the former Panguna copper mine in Bougainville.
  • The Panguna Mine Legacy Impact Assessment Committee will be established by the Autonomous Bougainville Government (ABG) and the parties to the AusNCP process, Rio Tinto, the HRLC and the community members the HRLC represents.
  • Rio Tinto chief executive Jakob Stausholm said, This is an important first step towards engaging with those impacted by the legacy of the Panguna mine.
  • In September 2020, the HRLC, representing 156 residents of villages in the vicinity of the Panguna mine, filed a complaint with the AusNCP against Rio Tinto.