The first hearing date has been set in a class action against miner Rio Tinto for historical environmental and social damage caused by the Bougainville copper mine in Papua New Guinea that it operated in the 1970s and 1980s, lawyers said.
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Rio Tinto Ltd (LSE:RIO, ASX:RIO, OTC:RTNTF)second-quarter production was soft, say City analysts, with rail outages in Pilbara hitting the numbers though overall the update was steady enough. Issues at the Kennecott copper mine were also a factor, but the reassurance on Rio's major projects was a plus, said Citi.
Rio Tinto (RIO) reports 80.3 Mt of iron ore shipments and production of 79.5 Mt in Q2. Both are lower than expectations due to a train derailment in mid-May.
Mining group Rio Tinto , welcomed on Tuesday a Serbian government statement that it would reinstate a spatial plan licence for its Jadar project, a first step towards resuming development of Europe's biggest lithium mine
Rio Tinto Ltd (LSE:RIO, ASX:RIO, OTC:RTNTF) said the final green lights have been given for the $11.6 billion development of the Simandou high-grade iron ore deposit in Guinea. First production from the Simfer mine is expected in 2025, ramping up over 30 months to an annualised capacity of 60 million tonnes per year, with Rio's share to be 27 million tonnes a year.
Rio Tinto on Monday said it has initiated a "coordinated shutdown" at the Iron Ore Company of Canada in Newfoundland and Labrador in response to an evacuation order issued by the local government over wildfires.
Rio Tinto Ltd (LSE:RIO, ASX:RIO, OTC:RTNTF) should abandon plans to develop the Jadar lithium project in Serbia and instead buy Aussie-listed Arcadium (LTM), or so believes Citi. The US bank had previously noted that Arcadium was trading well below replacement value, which might make it a more economical option than its own plans.
Australia's Rio Tinto said on Monday it has agreed to develop an 80 megawatt (MW) solar farm to facilitate the supply of renewable energy to its operations in Western Australia's Pilbara region.
Rio Tinto (RIO) builds a solar power plant that will power its Diavik Diamond Mine in Canada and help cut down annual diesel consumption at the mine by 1 million liters per year.
Rio Tinto Ltd (LSE:RIO, ASX:RIO, OTC:RTNTF) has entered negotiations to prevent a strike at its Oyu Tolgoi copper mine in Mongolia. The potential strike is due to a dispute over worker salaries and benefits.
Rio Tinto (RIO) is set to deploy carbon-free aluminum smelting cells using the first ELYSIS license at its smelter in Canada, a significant step in its efforts to decarbonize its aluminum operations.