Rio Tinto (ASX: RIO) expects to ship its first iron ore from the Simandou project in Guinea this November, Gerard Rheinberger, the company’s managing director for Simandou announced Monday.

In return, Sumitomo Metal Mining will pay Rio Tinto up to $430.4 million for a 30% ownership stake in the project. This includes an upfront payment of $195 million, with the potential for up to an ...

Rio Tinto and Sumitomo Metal Mining have finalized a joint venture for the Winu copper-gold project in Western Australia. Sumitomo will pay Rio Tinto up to $430.4 million for a 30% stake ...

Rio Tinto plans to invest $1.2 billion (C$1.7 billion) to modernize its Isle-Maligne hydroelectric power plant in Quebec. This significant investment aims to secure low-carbon aluminum production ...

Rio Tinto (RIO) and Corporacion Nacional Del Cobre de Chile, or Codelco, have signed binding agreements to form a joint venture to develop and operate a high-grade lithium project in the Salar de ...

SANTIAGO, Chile--(BUSINESS WIRE)--Rio Tinto and Corporación Nacional Del Cobre de Chile ("Codelco") have signed binding agreements to form a joint venture to develop and operate a high-grade ...

Rio Tinto Group agreed to invest in a Chilean lithium project controlled by Codelco as the world’s second-biggest miner continues its expansion into the battery metal. Unlike it major peers ...

LONDON--(BUSINESS WIRE)-- Rio Tinto today announced that Chief Executive Jakob Stausholm will step down from the Group later this year, at the conclusion of a succession process. Jakob joined Rio ...

Diversified mining company Rio Tinto Group is deepening its presence in the battery metals space, announcing on Monday an agreement with Chile’s State-owned Codelco to jointly develop a major ...

Rio Tinto Group plans to spend as much as $1.2 billion by 2032 to modernize its 99-year-old power plant in Quebec, despite tariffs implemented by the Trump administration on Canadian imports of ...

Rio Tinto also began expanding its aluminum smelter in Saguenay, Quebec, in 2023 with the installation of 96 new pots using so-called AP60 low-carbon smelting technology at a cost of $1.1 billion.

TOKYO -- An executive at global mining giant Rio Tinto has cast doubt on whether U.S. President Donald Trump's tariff policies will repatriate production of aluminum, a metal deemed strategically ...