UK-Australian mining firm Rio Tinto expects a challenging next six months as it battles supply chain disruptions from the coronavirus outbreak that could delay major projects, an inflationary cost environment and the aftermath of Cyclone Damien that hit Western Australia earlier this month.
News ID: 8503 Publish Date : 2020/02/26
Rio Tinto on Friday posted a 3% drop in iron ore shipments in 2019 as the Anglo-Australian miner’s operations faced disruptions due to cyclone and a fire at a port facility.
News ID: 8308 Publish Date : 2020/01/16
MINING.COM’s ranking of the world’s 50 largest mining companies based on market value show a revived industry entering the 2020s, but with diverging fortunes for certain subsectors.
News ID: 8293 Publish Date : 2020/01/03
Rio Tinto , the global mining and metals production firm says it has started securing orders for its new aluminium alloy wheel known as Revolution-AI.
News ID: 8272 Publish Date : 2020/01/09
Liberty House Chairman Sanjeev Gupta is reportedly considering buying the Portland aluminium smelter in Victoria, in an attempt to save the Australian facility from likely closure.
News ID: 7990 Publish Date : 2019/12/17
Multi-commodity developer Savannah Resources (AIM:SAV) said on Monday that its subsidiary in Mozambique had secured a mining licence for the Mutamba heavy minerals sands project from the country’s government.
News ID: 7859 Publish Date : 2019/12/09
The world’s biggest iron ore miners are looking for novel ways of satisfying their customers and protecting market share in the $150 billion global industry.
News ID: 7856 Publish Date : 2019/12/05
Rio Tinto Plc said on Tuesday it would spend $1.5 billion to expand its Kennecott copper mine in Utah, part of a growing trend by miners to invest in strategic mineral projects across the United States.
News ID: 7838 Publish Date : 2019/12/03
Forum Energy Metals Corp. (TSXV: FMC) has received final assay results from Rio Tinto Exploration Canada for the remaining 12 drill holes completed at the Jansem, Janice, and Kaz targets within the Janice Lake sedimentary copper project. Multiple, thick, flat lying chalcocite mineralized horizons from surface have been intersected on the property.
News ID: 7837 Publish Date : 2019/12/03
According to Reuters report, Apple Inc has purchased the first carbon-free aluminium from a joint venture of Alcoa Corporation and Rio Tinto . The carbon-free aluminium was produced at the Alcoa Technical Center in Pittsburgh. Apple will take the delivery of the first batch of aluminium this month.
News ID: 7794 Publish Date : 2019/12/07
UK-based global miner Rio Tinto has approved a $1.5bn investment that will extend its US copper operations to 2032.
News ID: 7755 Publish Date : 2019/12/03
Rio Tinto Ltd said on Wednesday it had approved a $749 million investment in its Greater Tom Price operations to help sustain production capacity in its iron ore business in the Pilbara region of Western Australia.
News ID: 7634 Publish Date : 2019/11/26
According to a Platts report Rio Tinto Aluminium issued a force majeure declaration on aluminium shipments out of Canada, caused by a weeklong strike which was affecting shipments via Canadian National Railways. The strike, which began on November 19 is likely to come to an end as a tentative agreement was signed between CN and the Teamsters union to end the strike amicably.
News ID: 7591 Publish Date : 2019/11/28
Mining companies should make more use of technology to respond to increasing demands from investors and communities for responsible mining practices, Rio Tinto CEO Jean-Sébastien Jacques said on Monday.
News ID: 7171 Publish Date : 2019/11/01
Australia’s Newcrest Mining is tapping big data and block caving to delve deeper into the earth’s crust for mineral riches that just a handful of years ago would have been too costly to extract.
News ID: 7148 Publish Date : 2019/10/29
A global inquiry into mining waste storage systems of more than 700 resources companies, launched in April after the collapse of a dam in Brazil that killed hundreds, shows about a tenth of the structures have had stability issues.
News ID: 7139 Publish Date : 2019/11/01
Rio Tinto on Thursday flagged higher costs as it replaces aging infrastructure and boosts iron ore production, and also raised questions over the future of its Australian aluminium business.
News ID: 7138 Publish Date : 2019/11/01
Rio Tinto has reportedly begun the commissioning of an industry-leading filter press technology at its Vaudreuil alumina refinery in Quebec, under CAD $250 million budget. Four 85-tonne presses have been already installed. The original scheduled time of commissioning the presses was six weeks later.
News ID: 7003 Publish Date : 2019/10/26
World's second largest iron ore miner- Rio Tinto 's Pilbara iron ore production witnessed at 87.3 MnT for Q3 CY19, up 10% as against 79.7 MnT in Q2 CY19. On yearly premises miner depicted 6% increase in production when compared to Q3 CY18 output at 82.5 MnT.
News ID: 6990 Publish Date : 2019/10/16
FLSmidth and Rio Tinto have executed a five-year, fixed-term Global Framework Agreement (GFA) which enables the parties to engage on the supply of fixed equipment, including mineral processing and material handling technologies, spare parts, consumables, and maintenance, consultancy and professional services.
News ID: 6972 Publish Date : 2019/10/26