Australian stocks ended Friday at a more than two-month low, as miners led by BHP lost on weaker commodity prices, while a surge in oil prices over the week heightened inflation concerns and kept investors on edge.
PERTH, Australia--(BUSINESS WIRE)--The Nyangumarta Warrarn Aboriginal Corporation (NWAC) and Rio Tinto have signed a Project Agreement for the proposed Winu copper-gold mine on Nyangumarta Country, marking a significant milestone in their long-term partnership and the development of the project. Building on the Project Planning Agreement signed in 2023, the newly co-designed agreement sets out ...
Rio Tinto has agreed to acquire the Aurukun Bauxite Project in Western Cape York, Queensland from a joint venture between London-listed Glencore and Mitsubishi Development, a company spokesperson said on Tuesday.
KARRATHA, Australia--(BUSINESS WIRE)--Ngarlawangga Aboriginal Corporation and Rio Tinto have signed an Interim Modernised Agreement, strengthening their partnership and delivering long-term benefits for the Ngarlawangga People. The interim agreement reflects a jointly designed co-management approach, underpinning how the two parties work together on Ngarlawangga Country within the agreement are...
KARRATHA, Australia--(BUSINESS WIRE)--Rio Tinto is today celebrating 60 years in Western Australia, marking the anniversary of the first shipment of iron ore from Dampier to Japan. The shipment departed on 22 August 1966 aboard the ship Houn Maru, following a landmark agreement with Japanese steel mills to buy 65.5 million tonnes of iron ore over 15 years. At the time, it was the largest export...
Mining bosses say that regulatory scrutiny of major mergers is increasing as governments pay closer attention to critical minerals and security of supply in the face of a volatile geopolitical backdrop, but they do not see the shift as a fundamental barrier to dealmaking.
Rio Tinto PLC has welcomed a long-term power agreement that will keep Australia's largest aluminium smelter operating until 2038, backed by A$1.1 billion of investment and a transition to 100% renewable electricity from 2033. The agreement between Tomago Aluminium, the Australian Government and the New South Wales Government provides a pathway for the smelter to remain internationally competiti...
MELBOURNE, Australia--(BUSINESS WIRE)--Rio Tinto has welcomed the agreement announced today between Tomago Aluminium, the Australian Government and the New South Wales Government to secure the long-term future of Australia's largest aluminium smelter. The arrangements provide long-term certainty for Tomago Aluminium, its workforce, its customers and the Hunter region, delivering reliable, inter...
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