News & Videos - RIO TINTO LIMITED - English

Rio Tinto and AMG Metals & Materials to assess low-carbon aluminium project in India PR Newswire LONDON, April 17, 2025 LONDON , April 17, 2025 /PRNewswire/ -- Rio Tinto and AMG Metals & Materials (AMG M&M), an energy transition solutions provider, have signed a Memorandum of Understanding (MOU) to jointly assess the feasibility of developing an integrated low-carbon aluminium project powered by renewable energy in India . AMG M&M is promoted by the two founders of Greenko and AM Green....

Rio Tinto and AMG Metals & Materials (AMG M&M), an energy transition solutions provider, have signed a Memorandum of Understanding (MOU) to jointly assess the feasibility of developing an integrated low-carbon aluminium project powered by renewable energy in India. AMG M&M is promoted by the two founders of Greenko and AM Green. Together, the parties will consider the potential development of up to a 1 million tonnes per annum (Mtpa) primary aluminium smelter and 2 Mtpa of alumina production,...

Rio Tinto and AMG Metals & Materials to assess low-carbon aluminium project in India PR Newswire LONDON, April 17, 2025 LONDON , April 17, 2025 /PRNewswire/ -- Rio Tinto and AMG Metals & Materials (AMG M&M), an energy transition solutions provider, have signed a Memorandum of Understanding (MOU) to jointly assess the feasibility of developing an integrated low-carbon aluminium project powered by renewable energy in India . AMG M&M is promoted by the two founders of Greenko and AM Green....

Rio Tinto Chief Executive Jakob Stausholm said: “We continued to see strong operational improvement with the Oyu Tolgoi copper mine and our bauxite operations delivering record months for production in March. Production was affected, however, by extreme weather events that impacted our Pilbara iron ore operations. “We are making excellent progress with our major projects to deliver profitable organic growth. We achieved first iron ore at Western Range in the Pilbara and the Simandou...

Rio Tinto strengthened its spend with Australian businesses to over A$17.7 billion in 2024, supporting both national and local suppliers. This is an increase of 9.9% from the previous year and was spent with more than 6,000 suppliers across the country. This spend has helped boost local, regional, and national economies, contributing to employment and strengthening Australian owned and managed businesses. As part of this spend, more than A$926 million was spent with 182 Indigenous businesses...

Rio Tinto’s first locally made iron ore rail car has been built in Western Australia, as it steps up its use of domestic manufacturing across its world class iron ore business. The company is investing about A$150 million to purchase 100 locally built rail cars, as well as continued investment in bearing refurbishment for its Pilbara operations. Its partnership with Gemco Rail and CRRC Qiqihar Rolling Stock Co. Ltd is also supported by the Western Australian government and establishes a new...

Rio Tinto has published its 2024 Taxes and Royalties Paid Report , which details $8.4 billion of taxes and royalties paid globally during the year (2023: $8.5 billion). In Australia, taxes and royalties totalling $6.3 billion (A$9.5 billion) were paid in 2024, including corporate tax paid of $3.7 billion (A$5.5 billion). Rio Tinto also made significant tax and royalty payments in Chile ($615 million), Canada ($500 million), Mongolia ($482 million), and the United States ($136 million). Rio Tinto...

The Board of Rio Tinto is issuing this statement to all shareholders ahead of the AGMs on 3 April 2025 and 1 May 2025, to address a resolution requisitioned by Palliser Capital and certain other shareholders and related reports issued by Glass Lewis and ISS. As set out in the 2025 AGM Notice of Meeting, Palliser Capital has requisitioned a resolution directing Rio Tinto plc to form a committee of independent directors (with an external shareholder representative in attendance) to review whether...

Rio Tinto is donating A$1 million to the Australian Red Cross, a Queensland Government approved agency, to help communities recover from Tropical Cyclone Alfred. The funds will provide emergency relief, recovery assistance and long-term support services for affected communities in Queensland and Northern New South Wales. Rio Tinto Chief Executive, Australia, Kellie Parker said: “The impact of Tropical Cyclone Alfred hits close to home for us, with one of our hubs in Brisbane and many of our...

Rio Tinto and Edify Energy have signed two new solar and battery hybrid services agreements (HSAs) to increase the supply of reliable, competitively priced electricity to Rio Tinto’s Gladstone aluminium operations in Queensland. Under the agreements, Rio Tinto will purchase 90% of the power and battery storage capacity generated by the Smoky Creek & Guthrie’s Gap Solar Power Stations for 20 years. Edify Energy will build, own, and operate the projects, with construction due to begin in late...

Rio Tinto has priced US$9.0 billion of fixed and floating rate SEC-registered debt securities. The bonds will be issued by Rio Tinto Finance (USA) plc and will be fully and unconditionally guaranteed by Rio Tinto plc and Rio Tinto Limited. The bond offer consists of eight tranches and the principal amount, tenor and coupon for each tranche are as follows: US$500 million two-year notes priced at a fixed coupon of 4.375% maturing in 2027 US$750 million three-year notes priced at a fixed coupon of...

Rio Tinto has completed its acquisition of Arcadium Lithium plc (“Arcadium Lithium”) (NYSE: ALTM) (ASX: LTM) for $6.7 billion, following the sanctioning of the Scheme of Arrangement by the Royal Court of Jersey on 5 March. Rio Tinto is now the ultimate parent company of Arcadium Lithium, which will become Rio Tinto Lithium, and will also include the Rincon lithium project. The acquisition establishes Rio Tinto as a global leader in the supply of energy transition materials and as a major...

Rio Tinto will invest $1.8 billion 1 to develop the Brockman Syncline 1 mine project (BS1), extending the life of the Brockman region in the West Pilbara of Western Australia and sustaining production from the company’s world class iron ore operations. The project has now received all necessary State and Federal Government approvals and has been developed in consultation with the Puutu Kunti Kurrama and Pinikura (PKKP) Traditional Owners and the Muntulgura Guruma Traditional Owners. Rio Tinto...

Rio Tinto’s East Intercourse Island (EII) facility at Dampier Port in Western Australia’s Pilbara region has resumed operations after being impacted by Tropical Cyclone Sean. A railcar dumper at the EII port facility was flooded when Tropical Cyclone Sean delivered record rain along parts of the Pilbara coastline, including 274mm to Karratha, on 20 January 2025. Dumper operation at EII resumed last week and the first ship was loaded today. As stated in the full year results on 19 February...

Rio Tinto today announces a number of Board changes. Rio Tinto Chair Dominic Barton said: “As we reported last year, the size of the Board peaked at 14 Directors as we retained the expertise and experience of our longer-serving Directors during a transitional period as newer Directors familiarise themselves with the Group. That transitional phase is now largely concluded so we will make the following changes to the Board during 2025. “At the conclusion of the Rio Tinto Limited AGM in May...

Rio Tinto (LSE:RIO) (ASX:RIO): Resilient financials with underlying EBITDA of $23.3 billion, despite 11% lower iron ore price*. Higher net cash generated from operating activities of $15.6 billion, driven by portfolio mix and effective working capital management. Profit after tax attributable to owners of Rio Tinto (referred to as "net earnings" throughout this release) of $11.6 billion. Full year ordinary dividend of $6.5 billion, a 60% payout: nine-year track record at top end of payout range...

Rio Tinto notes that Mitsui & Co. has entered agreements to acquire a 40% interest in the Rhodes Ridge Joint Venture (RRJV) from Rio Tinto’s partners. Mitsui & Co. has agreed to acquire all of VOC Group Limited’s (VOCG) 25% interest 1 in the joint venture. Separately, Mitsui & Co. has entered into a heads of agreement (HOA) to acquire a further 15% interest in the RRJV from AMB Holdings Pty Ltd 1 . Both transactions are subject to regulatory approvals and other closing conditions. Mitsui &...

Rio Tinto’s port, rail and mine operations have resumed after Tropical Cyclone Zelia passed over Western Australia’s Pilbara region. All our people remained safe and unharmed during the weather event, which crossed the Pilbara coast north of Port Hedland on 14 February 2025. Ship loading resumed at Cape Lambert and Dampier Ports on 15 February and all mines are operating. Year to date, Dampier Port has been closed for 10 days and there have been 13 closure days at Cape Lambert due to...

Arcadium Lithium Receives All Required Regulatory Approvals Globally to Close Acquisition by Rio Tinto and Announces Court Hearing Date PR Newswire PHILADELPHIA and PERTH, Australia, Feb. 14, 2025 PHILADELPHIA and PERTH, Australia , Feb. 14, 2025 /PRNewswire/ -- Arcadium Lithium plc (NYSE: ALTM, ASX: LTM, "Arcadium Lithium"), a leading global lithium chemicals producer, has now received all required pre-closing regulatory approvals in connection with the proposed acquisition of Arcadium Lithium...

Arcadium Lithium Receives All Required Regulatory Approvals Globally to Close Acquisition by Rio Tinto and Announces Court Hearing Date PR Newswire PHILADELPHIA and PERTH, Australia, Feb. 13, 2025 PHILADELPHIA and PERTH, Australia , Feb. 13, 2025 /PRNewswire/ -- Arcadium Lithium plc (NYSE: ALTM, ASX: LTM, "Arcadium Lithium"), a leading global lithium chemicals producer, has now received all required pre-closing regulatory approvals in connection with the proposed acquisition of Arcadium Lithium...