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The Latest Breaking News from Rio Tinto

Michael Pascoe: The professional classes make billion-dollar tax rorts possible

An army of very highly paid lawyers and accountants are beavering away at ripping off the Commonwealth, writes Michael Pascoe.

The New Daily

Not enough women: miners meet in Australia under a cloud after sexism report

Global investor and economist Dambisa Moyo this week became the first woman ever to deliver the keynote speech at the mining industry's annual conference in Western Australia, a boost for the sector as it faces scrutiny over perceived sexism.

Reuters

Rio Tinto profits hit by commodity price tumble and rising costs

FTSE 100 company to pay out $4.3 billion in interim dividends, its second highest ever

Evening Standard

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Diamond jeweller Rohan Milne built a career working with rare gems. Then came a mysterious offer

Rohan Milne is not your average jeweller. In fact, he's worked in some of the most prestigious and secretive ateliers in the world. Then came an email offering to sell him diamonds recovered from a heist.

ABC News

Mining sector faces major skills shortage as environmental concerns deter Gen Z workers

Australia's mining sector is facing its "worst skills crisis in generations", and leaders say the key challenge is convincing environmentally conscious young people to join its ranks.

ABC News

Rio Tinto's bid for exploration in Dwellingup jarrah forest fiercely opposed by local community

Rio Tinto's application for permission to explore jarrah forest in WA's south west meets with strong opposition outside a hearing at the state's mining court.

ABC News

‘Fleecing the public’: Labor puts corporate giants on notice as Rio Tinto coughs up $1 billion in tax

Corporate giants failing to pay their fair share of tax have been put on notice as Labor prepares to introduce a crackdown on multinational tax dodgers.

The New Daily

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Rio Tinto settles $1b tax bill: ATO

Rio Tinto has handed over $1 billion in unpaid taxes after an ATO investigation, in one of the largest settlements in Australian tax history.

Crikey

Rio Tinto agrees to pay additional $613m to settle dispute with Australian tax office

Deal over mining giant’s financing arrangements and marketing hubs in Singapore is one of ATO’s biggest ever tax settlements

The Guardian - AU

Chinese consortium puts workers on forced leave after Guinea halts Simandou

Chinese-led Winning Consortium Simandou (WCS) has put workers on forced leave with the prospect of layoffs if a dispute with Guinea's government over infrastructure for a massive iron project is not resolved, three sources told Reuters.

Reuters

Copper price at lowest level since 2020 as fears over global economy grow

Fall comes amid concerns that soaring inflation will curb spending by large manufacturers

The Guardian - UK

NASA's inaugural Northern Territory mission is over, but hopes for a space industry boom remain

Three rockets fired from the remote Northern Territory have signalled a new hope for a region in need of economic diversity — that the space industry could help launch them into the future.

ABC News

Jim Cramer Recommends This Mining Company And 5 Other Stocks

On CNBC’s "Mad Money Lightning Round," Jim Cramer said AT&T Inc (NYSE: T) is a "distinct hold. If it were $18, it’s a buy. If it was $23, it’s a sell."

Benzinga

Ominous Death Cross Forms On Rio Tinto's Chart

If history is any guide, there may be trouble ahead for shares of Rio Tinto (NYSE:RIO). A so-called "death cross" has formed on its chart and, not surprisingly, this could be bearish for the stock.

Benzinga

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StockNews.com

Time To Buy This Metal Company Yielding 13%?

Rio Tinto (RIO) continues to invest in sustainable and growth projects to ensure stable shareholder returns. The company has a steady dividend growth history and a current dividend yield of 13%. So, is it worth buying the stock now? Let’s find out.

ABC News

Culture of fear stops women reporting sexual assault, harassment on West Australian mine sites

Insiders say a culture of fear, silence and repression allowed inexcusable behaviour to be "swept under the rug" in the mining industry, and those factors are continuing to prevent women speaking out.

Bangkok Post

‘Horrific’ sexual abuses uncovered in Australia mining probe

A landmark inquiry into Australia’s mining sector has uncovered dozens of shocking cases of sexual harassment and abuse of women workers at companies including BHP Group and Rio Tinto Group.

ABC News

Inquiry into sexual assaults and harassment in WA's FIFO industry urges reporting overhaul, training

"Shocking" stories of sex assaults, harassment and targeted violence are detailed in a scathing parliamentary report into WA's fly-in, fly-out industry, with women subjected to an "appalling range of behaviours".

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Reuters

What is Australia doing about sexual harassment in mining camps?

Australia will release on Thursday a state government report on sexual harassment in the country's mineral-rich west after more than a year of investigations, as the sector tries to fix a culture of sexism and bullying.

The Guardian - AU

Heavy industries in Australia’s regions could cut emissions by 80% and create a jobs bonanza, report says

Business leaders and decarbonisation experts say a high level of collaboration and coordination is needed for transition

Reuters

Guinea gives Simandou iron ore mine developers 14-day deadline

Partners in Guinea's Simandou iron ore mine have 14 days to finalise a joint venture, interim president Mamady Doumbouya said at a meeting with the miners, Rio Tinto and Chinese-backed Winning Consortium Simandou (WCS) on Friday.

ABC News

Healing a scarred land

On the doorstep of one of Australia's most treasured natural wonders, billions are about to be spent on a high risk operation to try to transform a wasteland into a national park.

The Canberra Times

'Better than the blue tick': All the Canberrans on Russia's banned list

There are an estimated 44 Canberrans banned from Russia.

The New Daily

Blackout threat to millions as power shortage looms

Millions of Australians in the country's east face the potential of blackouts on Monday night, amid surging demand.

AAP

Wind, solar to power Rio Tinto aluminium

New wind and solar farms will be used to power Rio Tinto's aluminium assets in the Gladstone region, as the mining giant looks to halve emissions by 2030.

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