Rio Tinto pays $28 million to settle SEC fraud case following …

R io Tinto on Wednesday said it has agreed to pay $28 million to settle a fraud case brought against it by the U.S. Securities and Exchange Commission (SEC) over claims the mining giant inflated ...

Rio Tinto releases first quarter production results

MELBOURNE, Australia--(BUSINESS WIRE)-- Rio Tinto Chief Executive Jakob Stausholm, said: "We made notable progress during the quarter with the commencement of underground mining at Oyu Tolgoi following a comprehensive agreement reached with the Government of Mongolia, completed the acquisition of the Rincon lithium project in …

Rio Tinto releases third quarter production results

Rio Tinto chief executive J-S Jacques said "We have delivered consistent operational performance in the third quarter, highlighted by strong production from the Group's copper assets. We made strong strategic progress with the full exit from coal, the announcement of the additional $3.2 billion of share buy-backs, and the signing of a binding ...

Rio Tinto releases first quarter production results

Rio Tinto plc. 6 St James's Square London SW1Y 4AD United Kingdom T +44 20 7781 2000 Registered in England No. 719885 Rio Tinto Limited. Level 7, 360 Collins Street Melbourne 3000 Australia T +61 3 9283 3333 Registered in Australia ABN 96 004 458 404

Rio Tinto fully out of coal sector with $2.25bn Kestrel mine sale

The sale of its 80% stake in Kestrel brings the total amount Rio Tinto has collected with the latest three coal sales to $4.15 billion, which it said would be used for "general corporate ...

Rio Tinto agrees sale of Hail Creek and Valeria to Glencore …

Rio Tinto has entered into a binding agreement with Glencore for the sale of its entire interests in the Hail Creek coal mine and the Valeria coal development project in Queensland, Australia, for $1.7 billion. The sale includes Rio Tinto's 82.0 per cent interest in the Hail Creek operating mine and its 71.2 per cent interest in the Valeria ...

Rio Tinto agrees sale of Mount Pleasant for US$224 million …

Rio Tinto has reached a binding agreement for the sale of its Mount Pleasant thermal coal assets to MACH Energy Australia Pty Ltd for US$224 million plus royalties 1. With the recently announced binding agreement for the sale of Rio Tinto's interest in the neighbouring Bengalla coal Joint Venture, this amounts to US$830 million of agreed sales.

China Baowu and Rio Tinto extend climate partnership to …

Rio Tinto's Chief Commercial Officer Alf Barrios said, "Rio Tinto and China Baowu are united in a commitment to accelerating the delivery of low-carbon solutions for the entire steel value chain. This MoU aims to address one of the biggest challenges faced by the industry – developing a low-carbon pathway for low-to-medium grade iron ores ...

SEC Alleges Rio Tinto Misled Investors Over Value of Coal …

U.S. regulators sued Rio Tinto and two former top executives over claims they misled investors about the value of Mozambique coal assets from an acquisition that caused massive losses for the company.

Rio Tinto releases fourth quarter production results

Rio Tinto plc 6 St James's Square London SW1Y 4AD United Kingdom T +44 20 7781 2000 Registered in England No. 719885 Rio Tinto Limited Level 43, 120 Collins Street Melbourne 3000 Australia T +61 3 9283 3333 Registered in Australia ABN 96 004 458 404 riotinto. Category: General Source: Rio Tinto

Rio Tinto and Blupe to explore low carbon-steelmaking …

MELBOURNE, Australia--(BUSINESS WIRE)-- Rio Tinto and Blupe will work together to explore low-carbon steelmaking pathways using Pilbara iron ores, including the use of clean hydrogen to replace coking coal at Blupe's Port Kembla Steelworks. The two companies have signed a Memorandum of Understanding (MOU) to research and …

Rio Tinto

Rio Tinto's coal production 2006-2020. Coal production of Rio Tinto from 2006 to 2020 (in million metric tons) Competitors 6 Premium Statistic Global leading mining ...

Rio Tinto to start underground mining at Kennecott copper …

SALT LAKE CITY, Utah--(BUSINESS WIRE)-- Rio Tinto has approved a $55 million [1] investment in development capital to start underground mining and expand production at its Kennecott copper operations in Utah, United States. Underground mining will initially focus on an area known as the Lower Commercial Skarn (LCS), which will …

Rio Tinto's coal interests

Rio Tinto targets low-carbon steel production with new …

Rio Tinto plc 6 St James's Square London SW1Y 4AD United Kingdom T +44 20 7781 2000 Registered in England No. 719885 Rio Tinto Limited Level 7, 360 Collins Street Melbourne 3000 Australia T +61 3 9283 3333 Registered in Australia ABN 96 004 458 404 riotinto. Category: General Source: Rio Tinto

Rio Tinto studies potential bid proposal for Teck, Sky reports

Rio Tinto Group is studying proposals for potential bids for companies including Teck Resources Ltd., Sky News reported citing sources it didn't identify. ... Rail cars loaded with coal near a Teck Resources Elkview Operations steelmaking coal mine in the Elk Valley near Sparwood, British Columbia, Canada, on Tuesday, April 26, 2022.

Rio Tinto update on former Mozambique coal assets

Rio Tinto has been notified by the US Securities and Exchange Commission (SEC) that it has filed a complaint today in relation to Rio Tinto's disclosures and timing of the impairment of Rio Tinto Coal Mozambique (RTCM). The impairment was reflected in Rio Tinto's 2012 year-end accounts. Rio Tinto intends to vigorously defend itself against ...

Rio Tinto chairman warns mining deals won't solve supply crisis

The world needs more mines to cope with rising demand for key energy-transition metals like copper, as mergers and acquisitions will not plug a looming supply …

Rio Tinto's Fair Value Estimate Reduced on Lower Iron Ore, …

Rio Tinto has an outsize exposure to iron ore mining and demand is heavily reliant on China's continued outsize investment in infrastructure and fixed assets.

Rio Tinto completes acquisition of Turquoise Hill

Rio Tinto plc 6 St James's Square London SW1Y 4AD United Kingdom T +44 20 7781 2000 Registered in England No. 719885 Rio Tinto Limited Level 43, 120 Collins Street Melbourne 3000 Australia T +61 3 9283 3333 Registered in Australia ABN 96 004 458 404 riotinto. Category: Oyu Tolgoi Source: Rio Tinto

Rio Tinto to strengthen performance, decarbonise and grow

Rio Tinto completes sale of Australian coal asset

As soon as the sale was completed, Rio received $150 million in cash and is set to get an unconditional cash payment of $50 million due in 12 months.

Rio Tinto open to major acquisitions to meet copper goals

Rio Tinto, which has long said building mines is a better option for growth than buying assets, seems to be changing its tone as main rival BHP moves to consolidate the sector.. Chief executive ...

Rio Tinto partners with Aymium to trial renewable biocarbon …

Rio Tinto plc 6 St James's Square London SW1Y 4AD United Kingdom T +44 20 7781 2000 Registered in England No. 719885 Rio Tinto Limited Level 43, 120 Collins Street Melbourne 3000 Australia T +61 3 9283 3333 Registered in Australia ABN 96 004 458 404 riotinto. Category: Canada Source: Rio Tinto

Richards Bay Minerals

Richards Bay Minerals signs agreement for an additional 140 MW of renewable energy. CAPE TOWN, South Africa--(BUSINESS WIRE)-- Richards Bay Minerals (RBM) has signed a renewable power purchase agreement (PPA) with Khangela Emoyeni Wind Farm (Pty) Ltd to secure 140MW of wind energy from a new wind farm situated in the Western …

Rio Tinto to build new tellurium plant at Kennecott mine

SALT LAKE CITY--(BUSINESS WIRE)-- Rio Tinto will begin construction on a new plant that will recover tellurium, a critical mineral used in solar panels, from copper refining at its Kennecott mine near Salt Lake City, Utah. ... Kennecott decided in 2019 to permanently shut its coal power plant and purchase renewable energy certificates, reducing ...

Rio Tinto starts BlueSmelting demonstration plant to validate

SOREL-TRACY, Canada - Rio Tinto Iron and Titanium (RTIT) has started its BlueSmelting TM demonstration plant at its metallurgical complex in Sorel-Tracy as part of the process to validate the BlueSmelting TM technology, ... The project aims to reduce the consumption of coal in the processing of ilmenite ore. The demonstration plant can …

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A bottleneck calculator is a tool that estimates the potential performance impact of a specific component in a computer system. However, the accuracy of these calculators can be affected by factors such as variance in benchmark results, lack of real-world data, and complex interactions between components.

Rio Tinto to pay $28 million fine to settle US SEC fraud case

The defendants had been accused of deceiving investors about the value of Rio Tinto Coal Mozambique (RTCM), which the Anglo-Australian company purchased in 2011 for $3.7 billion through a takeover ...

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