RIO TINTO


Associated tags: Copper, Rio Tinto, Mining, Tinto, Natural Resources, Minerals, Iron ore

Locations: NORTHWEST TERRITORIES, NEWFOUNDLAND AND LABRADOR, NEW YORK, RIO TINTO, UK, QUEENSLAND, LONDON, TEXAS, CALIFORNIA, PERU, ARGENTINA, LA GRANJA, ESCONDIDA, CAN, WA, KENNICOTT, SWEDEN, CENTRAL PARK, MINNESOTA, LR, US, CARNARVON, FORT SMITH, WALL STREET, SILICON VALLEY, BERLIN, ICELAND, RED CROSS, REYKJANES, AUSTRALIA/OCEANIA, NEW ZEALAND, AUSTRALIA, SOUTHLAND, NORTH AMERICA, CANADA, QUEBEC, RIO, WESTERN AUSTRALIA

Long-term future for New Zealand’s Tiwai Point aluminium smelter secured with new power deals

Retrieved on: 
星期四, 五月 30, 2024

New Zealand Aluminium Smelters (NZAS) has signed 20-year electricity arrangements that secure the future of the Tiwai Point aluminium smelter to continue competitively producing high-purity, low-carbon metal, backed by a diversified mix of renewable electricity from New Zealand’s South Island.

Key Points: 
  • New Zealand Aluminium Smelters (NZAS) has signed 20-year electricity arrangements that secure the future of the Tiwai Point aluminium smelter to continue competitively producing high-purity, low-carbon metal, backed by a diversified mix of renewable electricity from New Zealand’s South Island.
  • The agreements, which are subject to regulatory approvals and other conditions, are expected to commence in July 2024 and run until at least 2044.
  • Rio Tinto Aluminium Chief Executive Jérôme Pécresse said “We are pleased the long-term future of the Tiwai Point smelter has been secured with these agreements, which were reached with a genuinely collaborative spirit between all parties.
  • About 1000 full time-equivalent employees and contractors work at the smelter, with around a further 2200 people offsite employed indirectly.

Rio Tinto and BHP collaborate on battery-electric haul truck trials in the Pilbara

Retrieved on: 
星期日, 五月 26, 2024

In an industry first, Rio Tinto and BHP will collaborate on the testing of large battery-electric haul truck technology in the Pilbara, Western Australia, to accelerate the potential for its future deployment.

Key Points: 
  • In an industry first, Rio Tinto and BHP will collaborate on the testing of large battery-electric haul truck technology in the Pilbara, Western Australia, to accelerate the potential for its future deployment.
  • The collaboration reflects the individual commitments made from BHP, Rio Tinto, Komatsu and Caterpillar to support Rio Tinto and BHP’s shared ambition of net zero operational greenhouse gas emissions by 2050.
  • Caterpillar and Komatsu will each provide one truck each to both BHP and Rio Tinto for these trials.
  • These trials represent the first stage of battery-electric haul truck testing at BHP and Rio Tinto’s Pilbara operations.

Rio Tinto IOC recognized with Towards Sustainable Mining (TSM) Environmental Excellence Award

Retrieved on: 
星期二, 五月 14, 2024

Rio Tinto’s Iron Ore Company of Canada (IOC) has won the Towards Sustainable Mining (TSM) Environmental Excellence Award for its contributions to the Abandoned Site Rehabilitation Partnership: Nitassinan Cleanup project.

Key Points: 
  • Rio Tinto’s Iron Ore Company of Canada (IOC) has won the Towards Sustainable Mining (TSM) Environmental Excellence Award for its contributions to the Abandoned Site Rehabilitation Partnership: Nitassinan Cleanup project.
  • FNQLSDI environmental specialists, alongside members of the Uashat Mak Mani-Utenam community, are actively engaged in dismantling decommissioned structures and clearing abandoned sites.
  • IOC President and Chief Executive Officer Mike McCann said: "We are honoured to receive this award, which underscores our unwavering commitment to environmental responsibility and collaborative community engagement.
  • Building robust collaborative relationships beyond IOC's usual operations is vital for fostering trust and supporting local communities, a principle Rio Tinto advocates for across the mining industry.

Element Resources Acreage Lease at Rio Tinto U.S. Borax California Operations

Retrieved on: 
星期一, 四月 29, 2024

Element Resources, a leader in green hydrogen production, announces the signing of a surface lease agreement with Rio Tinto at the Rio Tinto U.S. Borax mine site in Boron, California, which will be used for the development of a green hydrogen production facility powered by a dedicated, co-located off-grid solar electric generation facility.

Key Points: 
  • Element Resources, a leader in green hydrogen production, announces the signing of a surface lease agreement with Rio Tinto at the Rio Tinto U.S. Borax mine site in Boron, California, which will be used for the development of a green hydrogen production facility powered by a dedicated, co-located off-grid solar electric generation facility.
  • Element Resources will have an initial study period to evaluate the commercial viability of a hydrogen production facility.
  • “We are proud to partner with Element Resources to study this incredibly exciting technology and its potential for our net zero journey,” said Renny Dillinger, General Manager, U.S. Borax.
  • “This is just another example of our dedication to decarbonization, and we look forward to working in collaboration with Element Resources in their next steps.”
    “We are delighted to enter into this agreement with Rio Tinto U.S. Borax,” said Steve Meheen, Founder, Chairman & CEO of Element Resources.

Rio Tinto donates $1.5 million to support the people and community of Grindavík in Iceland

Retrieved on: 
星期四, 四月 18, 2024

Rio Tinto has donated US$1.5 million to the Icelandic Red Cross to support the people and community of Grindavík in Iceland, who have been impacted by months of volcanic eruptions.

Key Points: 
  • Rio Tinto has donated US$1.5 million to the Icelandic Red Cross to support the people and community of Grindavík in Iceland, who have been impacted by months of volcanic eruptions.
  • Residents of Grindavík and neighbouring communities continue to feel social and economic impacts from these unprecedented events.
  • In the coming weeks, the Icelandic Red Cross will announce details of a project built around Rio Tinto’s contribution to provide support for impacted people and enhance the resilience of the community.
  • Rio Tinto Iceland General Manager Rannveig Rist said: “For 55 years, Rio Tinto has been an important member of Iceland’s closely knit community.

Rio Tinto releases first quarter production results

Retrieved on: 
星期二, 四月 16, 2024

In the Pilbara, we produced 77.9 million tonnes (Rio Tinto share 66.1 million tonnes) in the first quarter, 2% lower than the corresponding period of 2023.

Key Points: 
  • In the Pilbara, we produced 77.9 million tonnes (Rio Tinto share 66.1 million tonnes) in the first quarter, 2% lower than the corresponding period of 2023.
  • Shipments of 78.0 million tonnes (Rio Tinto share 66.1 million tonnes) were 5% lower than the first quarter of 2023.
  • Kennecott mined copper production was 7% higher than the first quarter of 2023 but 32% lower than the previous quarter, primarily, due to unplanned conveyor downtime.
  • All currency figures in this report are US dollars, and comments refer to Rio Tinto’s share of production, unless otherwise stated.

Rio Tinto celebrates WA businesses as regional and indigenous supplier spend grows

Retrieved on: 
星期五, 四月 12, 2024

(Photo: Business Wire)

Key Points: 
  • (Photo: Business Wire)
    In 2023, Rio Tinto worked with more than 2,400 suppliers in Western Australia and spent A$8.8 billion across the State.
  • The company also increased its spend with WA Indigenous businesses by 35 per cent in 2023, compared to the year prior, with a record A$593 million spent.
  • In the Pilbara, Rio Tinto spent A$835 million with local businesses, of this A$499 million was spent with Pilbara-based Indigenous businesses.
  • Any supplier or business that has worked for Rio Tinto across its WA operations could be nominated for outstanding performance and leadership across six categories.

Rio Tinto spends more than A$16.1 billion with suppliers in Australia

Retrieved on: 
星期五, 四月 12, 2024

Rio Tinto increased its spend with suppliers and local businesses in Australia to more than A$16.1 billion in 2023, as part of the company’s ongoing commitment to support communities where it operates.

Key Points: 
  • Rio Tinto increased its spend with suppliers and local businesses in Australia to more than A$16.1 billion in 2023, as part of the company’s ongoing commitment to support communities where it operates.
  • There was also a 25.5 per cent increase in spending with local businesses across Australia to A$1.2 billion dollars.
  • Rio Tinto Chief Executive, Australia, Kellie Parker said, “For Rio Tinto to have a long-term future, we need the communities where we operate to be successful and prosperous.
  • “We strive to employ locally and buy locally in Australia – especially from Indigenous, small and regional businesses.

Rio Tinto to invest in the world’s best technology startups

Retrieved on: 
星期三, 四月 10, 2024

Rio Tinto will partner with Founders Factory and invest A$14.4 million in global pre-seed and seed stage start-ups over the next three years.

Key Points: 
  • Rio Tinto will partner with Founders Factory and invest A$14.4 million in global pre-seed and seed stage start-ups over the next three years.
  • The Western Australian Government has also partnered with Founders Factory to invest in nature-tech start-ups that preserve and restore nature and biodiversity.
  • The partnerships with Rio Tinto and the Western Australian Government will support the first Australian hub of Founders Factory in Perth, Western Australia, boosting the state’s innovation credentials.
  • Rio Tinto Iron Ore Chief Executive Simon Trott said, “Technology has always been at the forefront of our industry and Western Australia can be the Silicon Valley of the global mining industry.

Yinhawangka People and Rio Tinto partner to co-design ‘Living Cultures Program’

Retrieved on: 
星期一, 四月 8, 2024

The Yinhawangka Aboriginal Corporation and Rio Tinto have collaborated to design a new program aimed at protecting and preserving Yinhawangka culture and supporting a strong, healthy and connected Yinhawangka People.

Key Points: 
  • The Yinhawangka Aboriginal Corporation and Rio Tinto have collaborated to design a new program aimed at protecting and preserving Yinhawangka culture and supporting a strong, healthy and connected Yinhawangka People.
  • Rio Tinto will provide $9.5 million to the ‘Living Cultures Program’ over six years.
  • Yinhawangka Aboriginal Corporation Chair, Lorraine Injie said "Firstly, let me acknowledge the hard work and dedication of the Yinhawangka people and Rio Tinto in bringing to life this Living Cultures Project.
  • “I look forward to furthering the close working partnership between Yinhawangka Aboriginal Corporation and Rio Tinto.