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The Latest Breaking News from Rio

4 High-Yield Basic Materials Stocks to Own in 2022

Despite the escalating supply chain disruptions due to the Russia-Ukraine war, and the resurgence of COVID-19 cases in many countries, the expected economic recovery and infrastructure spending should drive the basic materials industry’s growth. Therefore, considering current market volatility, we think it could be wise to bet on high dividend-yielding…

StockNews.com

Rio Tinto in $2.7 billion bid for full control of ‘one of world’s largest’ copper mines

The Anglo-Australian firm is hoping to take full ownership of its major copper mine project in Mongolia by buying out Canadian partner Turquoise Hill.

Evening Standard

Rio Tinto to sever ties with Russian businesses over Ukraine war

Mining giant’s decision follows other big names exiting Russia and casts doubt over Queensland Alumina Ltd joint venture

The Guardian - AU

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Morrison says Qld premier ‘consulted’ on emergency; Rio Tinto ditching Russia; 21 Covid deaths – As it happened

All the day’s news as it unfolded

The Guardian - AU

Rio Architects shows continued growth with 16 new appointments

The appointments include three internal promotions to the architectural firm’s management team

Birmingham Post

Origin Energy and Rio Tinto urged to review joint ventures with Russian oligarchs

Ukraine invasion prompts calls for Australian companies to ensure resources profits do not end up with Putin-linked investors

The Guardian - AU

Mining Stocks: Teck Stock Shrugs Off Earnings Miss, Vale On Deck

Mining stocks, among the stock market's best groups lately, are in focus this week with earnings from Teck, Vale and Rio Tinto.

Investors Business Daily

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Prospect of sanctions hits Russian part-owner of Queensland alumina refinery

Rusal’s share price dives as Ukraine tensions escalate, with co-owner Rio Tinto warning of likely disruption to aluminium industry

The Guardian - AU

Commodities boom fuels record £12 billion payday for FTSE 100 miner Rio Tinto

Sky-high iron ore prices have enabled Rio Tinto to deliver one of the largest annual dividends in UK corporate history.

Evening Standard

Rio Tinto posts record full-year profit

Mining giant Rio Tinto expects its Pilbara iron ore costs to increase due to labour shortages in Western Australia, having posted a record full-year profit.

AAP

Rio Tinto posts record earnings, buoyed by high ore prices

Melbourne (AFP) - Australia-based mining giant Rio Tinto on Wednesday reported record earnings of US$21.4 billion last year, on the back of soaring iron ore prices and solid demand from China.

AFP

Tiwai smelter's 'will they, won't they dance' grates on Government

By raising the possibility of staying past 2024, Rio Tinto has thrown a wrench of uncertainty into decarbonisation pathways and power company construction plans.

Newsroom.co.nz

‘Absolutely confronting’: the sickening stories of sexual harassment of women in mining

Rio Tinto investigation reveals rape, bullying and racism is rife in its workforce – but WA inquiry suggests it’s far from alone

The Guardian - AU

Rio Tinto's recent scandals

Sydney (AFP) - Revelations of rape and sexual assault at Rio Tinto are the latest in a series of scandals to hit the global mining giant, which is listed in London and Sydney.

AFP

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The Guardian - AU

Bullying, sexual harassment and racism rife at Rio Tinto, workplace review finds

Almost half of 10,000 survey respondents employed globally by mining company say they have been bullied amid ‘culture of silence’

AFP

Rio Tinto admits culture of 'bullying, sexual harassment, racism'

Sydney (AFP) - Australian-based mining giant Rio Tinto released a searing internal report Tuesday that found sexual assault, bullying and racial discrimination are rife "throughout the company".

ABC News

Female mine workers report sexual assault, harassment to independent Rio Tinto review

An independent review finds sexism and bullying is systemic across Rio Tinto's worksites, with more than 20 women reporting actual or attempted rape or sexual assault in the last five years.

ABC News

ASX takes $60 billion hit as as inflation surges, Omicron hits business confidence

The ASX slumps on the back of inflation rising more than expected, while US stocks stage a dramatic reversal after an earlier sell-off, and the prospect of higher US interest rates and a war between Russia and Ukraine spook investors.

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