Rio Tinto secured a $2.5 billion government subsidy to transition its Tomago aluminium smelter to 100% renewable energy by 2033, averting potential closure while reducing annual greenhouse gas emissio
Rio Tinto and partners secured a $1.8 billion government bailout for Australia’s Tomago aluminum smelter amid soaring energy costs. The deal includes A$1.1 billion in facility investment and commitmen
Rio Tinto and partners at Australia's Tomago aluminum smelter will receive government financial support to offset soaring energy costs. The bailout aims to prevent plant closure amid global competitio
Rio Tinto reported a 43% rise in half-year profit to $6.85 billion, driven by strong metal prices and restructuring. Iron ore prices remained steady while the company advances its copper growth strate
Rio Tinto is negotiating a joint venture with Vitol to optimize freight logistics and reduce costs for its mining operations. The partnership aims to leverage Vitol's trading expertise amidst volatile
Rio Tinto plans to triple lithium production capacity to 200,000 metric tons by 2028 following its Arcadium acquisition, leveraging Direct Lithium Extraction technology despite current market volatili
Rio Tinto has resumed copper concentrate exports from its Oyu Tolgoi mine in Mongolia following a brief protest blockade. The facility remains a critical asset for global electrification and energy tr
Rio Tinto reports aluminum shipments to the US have rebounded to pre-tariff levels after shifting volumes to Europe during high levy periods. Soaring US electricity costs deter new domestic smelter co
Fifteen brokerages rate Rio Tinto as a 'Hold' with an average target of $81.00, while the company declared a $2.54 per share dividend. Institutional ownership has risen to approximately 19.33% amid in
Rio Tinto shares rose 4.1% after announcing a $1 billion deep-sea mining venture via American Ocean Minerals to secure critical minerals for EVs and batteries. The move reflects broader sector growth
Rio Tinto announced foreign exchange conversion rates for its 2025 final dividend of 254 US cents per share, payable on April 16, 2026, clarifying income expectations for international shareholders.
Chinalco and Rio Tinto have formed a joint venture to acquire a controlling stake in Brazilian Aluminum (CBA) for approximately 6.29 billion RMB. The deal expands their low-carbon aluminum capacity in
Rio Tinto has suspended Serbia’s Jadar lithium project, placing it into care and maintenance despite its strategic importance for the EU’s lithium supply and energy transition goals.
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