Iron Ore Company of Canada

Rio Tinto becomes official aluminium partner of the Montreal Canadiens

Retrieved on: 
Thursday, October 12, 2023
Other Manufacturing, Environment, Other Sports, Sports, Packaging, Hockey, Sustainability, Manufacturing, Other Natural Resources, Natural Resources, Partnership, Multimedia, Iron Ore Company of Canada, Bell Centre, Organization, Literae humaniores, Carbon, Banque Nationale, History of the Montreal Canadiens, Montreal Canadiens, Rio Tinto, Iron ore, Renewable energy, Green, Titanium

View the full release here: https://www.businesswire.com/news/home/20231012393009/en/

Key Points: 
  • View the full release here: https://www.businesswire.com/news/home/20231012393009/en/
    Rio Tinto is partnering with the Montreal Canadiens to introduce infinitely recyclable cups made from aluminium produced in Québec at the Bell Centre.
  • The partnership expands the strong legacy the Montreal Canadiens and Rio Tinto have built over many years.
  • Rio Tinto has previously supported the Montreal Canadiens’ Children’s Foundation BLEU BLANC BOUGE programme.
  • The two organisations also share La Cour Rio Tinto, a courtyard space in front of both the Bell Centre and Rio Tinto’s Montreal hub – the global headquarters for its Aluminium business, Rio Tinto Iron and Titanium, and the Iron Ore Company of Canada.

Agreements reached on trans-Guinean infrastructure in milestone for Simandou iron ore project

Retrieved on: 
Friday, August 11, 2023
Mining, Minerals, Natural Resources, Iron Ore Company of Canada, Rio Tinto (corporation), Convention, Baowu, Tinto, Republic, Iron, WCS, China Harbour Engineering Company, Rio Tinto, Rail transport, Simandou, Aluminum Corporation of China Limited

Rio Tinto and the Simfer1 joint venture (Simfer) reached an important milestone today by concluding key agreements with the Republic of Guinea and Winning Consortium Simandou2 (WCS) on the trans-Guinean infrastructure for the world class Simandou iron ore project.

Key Points: 
  • Rio Tinto and the Simfer1 joint venture (Simfer) reached an important milestone today by concluding key agreements with the Republic of Guinea and Winning Consortium Simandou2 (WCS) on the trans-Guinean infrastructure for the world class Simandou iron ore project.
  • Simandou, the world’s largest known undeveloped supply of high-grade, low-impurity iron ore, will strengthen Rio Tinto’s portfolio by complementing our existing Pilbara and Iron Ore Company of Canada products.”
    The infrastructure capacity and associated cost will be shared equally between Simfer, which is developing blocks 3 and 4 of the Simandou project, and WCS, which is developing blocks 1 and 2.
  • It is also subject to a number of conditions, including the Guinean State’s approval of the final feasibility study for the project.
  • Negotiations continue between the partners to finalise the investment agreements and related shareholders’ agreements which underpin the co-development.

H2 Green Steel signs agreements with Rio Tinto for direct reduction iron ore pellets and hot briquetted iron

Retrieved on: 
Wednesday, August 9, 2023
Acceleration, Iron Ore Company of Canada, Electrolysis, Hydrogen, HBI, Carbon, Plant, Iron, IOC, Mining, Rio Tinto (corporation), CO2, Iron ore, Coal

STOCKHOLM, Aug. 9, 2023 /PRNewswire/ -- H2 Green Steel is partnering with Rio Tinto, a leading global metals and mining company, for the supply of direct reduction iron ore pellet for its green steel production in Sweden.

Key Points: 
  • STOCKHOLM, Aug. 9, 2023 /PRNewswire/ -- H2 Green Steel is partnering with Rio Tinto, a leading global metals and mining company, for the supply of direct reduction iron ore pellet for its green steel production in Sweden.
  • The two companies have signed a multi-year supply agreement for direct reduction iron ore pellets (DR Pellets) from Rio Tinto's Iron Ore Company of Canada (IOC) which will account for a significant part of the iron ore supply to H2 Green Steel's flagship plant in Boden, Sweden.
  • Additionally, the companies have signed an agreement whereby Rio Tinto will purchase and on-sell a part of the surplus low-carbon hot briquetted iron (HBI) produced by H2 Green Steel during the ramp-up of its steelmaking capacity.
  • Rio Tinto is a global leader in the mining industry and we welcome its concrete actions to accelerate the decarbonization of the steel industry," says Henrik Henriksson, CEO at H2 Green Steel.

H2 Green Steel signs agreements with Rio Tinto for direct reduction iron ore pellets and hot briquetted iron

Retrieved on: 
Wednesday, August 9, 2023
Acceleration, Iron Ore Company of Canada, Electrolysis, Hydrogen, HBI, Carbon, Plant, Iron, IOC, Mining, Rio Tinto (corporation), CO2, Iron ore, Coal

STOCKHOLM, Aug. 9, 2023 /PRNewswire/ -- H2 Green Steel is partnering with Rio Tinto, a leading global metals and mining company, for the supply of direct reduction iron ore pellet for its green steel production in Sweden.

Key Points: 
  • STOCKHOLM, Aug. 9, 2023 /PRNewswire/ -- H2 Green Steel is partnering with Rio Tinto, a leading global metals and mining company, for the supply of direct reduction iron ore pellet for its green steel production in Sweden.
  • The two companies have signed a multi-year supply agreement for direct reduction iron ore pellets (DR Pellets) from Rio Tinto's Iron Ore Company of Canada (IOC) which will account for a significant part of the iron ore supply to H2 Green Steel's flagship plant in Boden, Sweden.
  • Additionally, the companies have signed an agreement whereby Rio Tinto will purchase and on-sell a part of the surplus low-carbon hot briquetted iron (HBI) produced by H2 Green Steel during the ramp-up of its steelmaking capacity.
  • Rio Tinto is a global leader in the mining industry and we welcome its concrete actions to accelerate the decarbonization of the steel industry," says Henrik Henriksson, CEO at H2 Green Steel.

The Naskapi Nation of Kawawachikamach and IOC sign the “Aganow” agreement

Retrieved on: 
Tuesday, January 31, 2023
Natural Resources, Environment, Mining, Minerals, Climate Change, Naskapi Nation of Kawawachikamach, Iron Ore Company of Canada, Prejudice, Language, Housing, Culture, Tshiuetin Rail Transportation, Naskapi, Kuujjuaq, IOC, Foot, Transport, Employment, History

The agreement was named “Aganow”, which refers to “iron ore” in the Naskapi language.

Key Points: 
  • The agreement was named “Aganow”, which refers to “iron ore” in the Naskapi language.
  • This socio-economic agreement aims to create opportunities for greater participation by Naskapi people in IOC’s activities through training and development, employment, collaboration on environmental projects, and procurement.
  • It will also protect and encourage the practice of traditional activities and provide long-term financial benefits to the Naskapi Nation.
  • Chief Theresa Chemaganish of the Naskapi Nation said: “Naskapi recent history is closely linked to that of IOC’s.

Rio Tinto releases fourth quarter production results

Retrieved on: 
Monday, January 16, 2023
Mining, Minerals, Natural Resources, Gove, Cortez, Development, SPS, Royal Gold, Iron Ore Company of Canada, Culture, Native title in Australia, Safety, Copper, Health, Tax, Maintenance, Australian Taxation Office, Research and development, Water, Rio Tinto, Oyu Tolgoi mine, Workforce, Sale, Rough Riders, Kennicott, Acquisition, Richards Bay Minerals, IOC, Smurfit Kappa, Electricity, RBM, Iron ore, Renewable energy, Kitimat, Neste, Research, Weipa

The rate of pot restarts at Kitimat picked up in the fourth quarter and Boyne smelter cell recovery efforts continued.

Key Points: 
  • The rate of pot restarts at Kitimat picked up in the fourth quarter and Boyne smelter cell recovery efforts continued.
  • Unplanned maintenance was required at Kennecott in the fourth quarter of 2022 in our anode furnaces leading to extended downtime and continued poor anode production, likely to result in weak cathode production in the first quarter of 2023.
  • Production constraints related to nationwide electrical power loadshedding at RBM were experienced in the fourth quarter.
  • Successful deployment of the Rio Tinto Safe Production System (SPS) at the concentrator was completed in the year, with record performance metrics achieved in the year, including monthly records for concentrate production and total material moved in the second quarter.

Rio Tinto releases second quarter production results

Retrieved on: 
Thursday, July 14, 2022
Mining, Minerals, Natural Resources, Government, QIT Madagascar Minerals, Safety, Rio Tinto, Copper, TRQ, Record, Oyu Tolgoi mine, Turquoise Hill Resources, Committee, Kennicott, COVID-19, Cell, IOC, Health, Iron Ore Company of Canada, Queensland Alumina Limited, Australian government debt, Workforce, Richards Bay Minerals, EBITDA, Iron ore, Animal, Lithium, Security (finance), Boyne, Weipa

Our all-injury frequency rate of 0.35 is an improvement from the second quarter of 2021 (0.42), and in line with the prior quarter (0.35).

Key Points: 
  • Our all-injury frequency rate of 0.35 is an improvement from the second quarter of 2021 (0.42), and in line with the prior quarter (0.35).
  • Pilbara operations produced 78.6 million tonnes (100% basis) in the second quarter, 4% higher than the second quarter of 2021.
  • While significantly higher than average rainfall in May impacted mine production, continued focus on mine pit health and commissioning of Gudai-Darri supported a stronger second quarter.
  • In the second quarter, we continued to successfully roll out the Rio Tinto Safe Production System (RTSPS) and now have 15 deployments across the business at 11 sites, with 30 rapid improvement projects (Kaizens) either completed or in progress.

DGAP-News: Salzgitter Aktiengesellschaft: Salzgitter Group and Rio Tinto sign Memorandum of Understanding to examine and expand processes and supply chains

Retrieved on: 
Tuesday, June 7, 2022
Memorandum of understanding, Rio Tinto, Salzgitter, Iron Ore Company of Canada, Saskatchewan River Sturgeon Management Board, Salzgitter AG, Certification, Hydrogen, Carbon, IOC, Iron ore

Rio Tinto and the Salzgitter Group have agreed in an MoU Memorandum of Understanding to examine technical, logistical and grade-specific issues for low-carbon supply chains and green steel production processes.

Key Points: 
  • Rio Tinto and the Salzgitter Group have agreed in an MoU Memorandum of Understanding to examine technical, logistical and grade-specific issues for low-carbon supply chains and green steel production processes.
  • The focus will be on the future supply of high-quality iron ore products for the SALCOS program.
  • Rio Tinto is excited at the opportunity of supplying our product and combining our technical expertise with that of Salzgitter to help advance the SALCOS-Program.
  • Salzgitter AG is a leading European steel and technology company and a pioneer in low-carbon steel production with SALCOS.

Rio Tinto and Salzgitter sign MOU to study using Rio Tinto iron ore in green steelmaking

Retrieved on: 
Tuesday, June 7, 2022
Mining, Minerals, Environment, Manufacturing, Alternative Energy, Natural Resources, Energy, Steel, Iron Ore Company of Canada, Rio Tinto, Gesellschaft mit beschränkter Haftung, Program, Salzgitter, Decarbonisation measures in proposed UK electricity market reform, Silent Scope 3, Partnership, Tinto, Rio, Â, Natural gas, MOU, Saskatchewan River Sturgeon Management Board, Certification, Iron, Hydrogen, Climate change, Iron ore

Rio Tinto and the Salzgitter Group have signed a Memorandum of Understanding (MOU) to work together towards carbon-free steelmaking by studying optimisation of Rio Tintos high-quality Canadian and Australian iron ore products for use in Salzgitters SALCOS green steel project in Germany.

Key Points: 
  • Rio Tinto and the Salzgitter Group have signed a Memorandum of Understanding (MOU) to work together towards carbon-free steelmaking by studying optimisation of Rio Tintos high-quality Canadian and Australian iron ore products for use in Salzgitters SALCOS green steel project in Germany.
  • Under the MOU, Rio Tinto and Salzgitter will explore optimisation of iron ore pellets, lump and fines for use in hydrogen direct reduction steelmaking.
  • Rio Tinto produces iron ore pellets and concentrate at Iron Ore Company of Canada and iron ore lump and fines in Western Australias Pilbara region.
  • Rio Tinto Chief Commercial Officer Alf Barrios said We welcome the chance to work with Salzgitter on ways to accelerate green steelmaking, in keeping with our commitment to reduce emissions across the steel value chain.

Rio Tinto and bp sign one-year trial of marine biofuels

Retrieved on: 
Monday, May 23, 2022
Other Energy, Mining, Minerals, Environment, Oil, Gas, Alternative Energy, Natural Resources, Energy, Copper, BP, Transatlantic, RTM, Multimedia, Goal, Solution, Iron Ore Company of Canada, Biofuel, Mining, Efficiency, Rio Tinto, Carbon, Commercial Operating System (COS), Decarbonisation measures in proposed UK electricity market reform, Tinto, International Maritime Organization, Corrosion, B30, Temperature, FAME, Iron ore, Harbor, Renewable energy

Rio Tinto and bp have agreed to work together on a one-year biofuel trial to help reduce carbon emissions from Rio Tintos marine fleet.

Key Points: 
  • Rio Tinto and bp have agreed to work together on a one-year biofuel trial to help reduce carbon emissions from Rio Tintos marine fleet.
  • (Photo: Business Wire)
    Under the trial, bp is supplying Rio Tinto with marine biofuel for approximately 12 months.
  • The results of the trial will help Rio Tinto study ways to reduce its carbon emissions from its marine fleet and inform its future biofuel strategy.
  • Rio Tinto Head of Commercial Operations, Laure Baratgin said, Sustainable biofuels have the potential to be an important transition fuel on the way to net-zero marine emissions and we are pleased to be working with bp to carry out this long-term trial.