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The Latest Breaking News from Rio Tinto

Federal government approves ERA request to drawn down $56.8 million from Ranger uranium mine security bond

Cash-strapped miner Energy Resources of Australia says the federal government has agreed to release almost $60 million from the security bond meant to ensure the mine site is rehabilitated.

ABC News

All That Glitters: What 3 Global Mining Companies Offer High-Yield Dividends?

The iShares MSCI Global Select Metals & Mining Producers ETF (BATS: PICK) is down roughly 16.53% year-to-date. Despite being down, it was considerably better than the S&P 500 down nearly 21% year-to-date.

Benzinga

NT government’s years-long public housing waitlist putting a strain on remote health system

Nurses in a remote corner of Australia are raising the alarm over an issue they say is threatening the lives of chronically ill patients and putting a burden on the health system.

ABC News

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Check Out What Whales Are Doing With RIO

Someone with a lot of money to spend has taken a bullish stance on Rio Tinto (NYSE:RIO). And retail traders should know. We noticed this today when the big position showed up on publicly available options history that we track here at Benzinga.

Benzinga

Rio says rail issues hit ore shipments

Mining giant Rio Tinto says two unplanned outages on its rail lines in the Pilbara means its full-year shipments will be at the lower end of expectations.

AAP

ASIC secured $230m in corporate fines

Two of the big four banks are among the corporations hit with penalties totalling almost $230 million secured by ASIC in the last financial year.

AAP

‘Walk away’: traditional owners defend Kakadu against a new push from uranium miners

The resurrection of the push to tap into Jabiluka has pitted the Mirarr people and Rio Tinto against investors who trumpet uranium’s green credentials

The Guardian - AU

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Rio Tinto agrees to loan $100 million to Energy Resources Australia for NT Ranger Mine rehabilitation

Mining giant Rio Tinto has agreed to loan $100 million to a company that is struggling to pay for the clean-up of a Northern Territory mine site.

ABC News

Energy Resources of Australia's chairman, two directors, say they'll resign after pressure from Rio Tinto and traditional owners

The chairman and two directors of a company responsible for the clean-up of a uranium mine on the edge of Kakadu say they'll resign, after pressure from Rio Tinto and traditional owners.

ABC News

Directors of firm responsible for clean-up at Kakadu uranium site will resign amid fight with Rio Tinto

Miner wants Energy Resources Australia chair to resign after minority shareholders threw doubt over Ranger mine rehabilitation

The Guardian - AU

Kakadu uranium site clean-up in limbo amid calls to revive mine

Rio Tinto wants to fund rehabilitation but Ranger mine owner’s minority shareholders are pushing for further development

The Guardian - AU

Mirarr traditional owners furious over suggestion Jabiluka uranium could be mined

An independent report commissioned by ERA suggests that the company could pay for the rehabilitation of one mine site by establishing another.

ABC News

Nationals say renewables can’t meet energy needs without fossil support. But do the claims firm up?

The Nationals have turned the scare rhetoric up to 11, but the energy market operator has already accounted for much of their criticisms

The Guardian - AU

Rio Tinto Whale Trades Spotted

Benzinga

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The Conversation

To reach net zero the world still needs mining. After 26 years, here’s what I’ve learned about this ‘evil’ industry

On the wooded hill above the Stan Terg lead and zinc mine in Kosovo, there is an old concrete diving platform looming over what was once an open-air swimming pool. Before the break-up of Yugoslavia, people who worked at the mine would bring their families here to swim, sunbathe on…

AAP

Rio Tinto joins 'first movers' carbon club

Rio Tinto has caught up with iron ore peers BHP and Fortescue Metals Group as the latest to join a global coalition of top companies looking to cut emissions.

The Guardian - AU

Russian aluminium giant cut out of Queensland operation to abide by sanctions, Rio Tinto says

Mining company alleges arrangement with Rusal subsidiary would have benefited Putin allies Oleg Deripaska and Viktor Vekselberg

AAP

New laws back Rio Tinto on Kakadu blowout

Rio Tinto can miss the clean-up deadline on the decades-old Ranger uranium mine in the heart of the Kakadu under new laws introduced to federal parliament.

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ABC News

Nhulunbuy looks towards its post-mining future as it celebrates 50 years of existence

The remote Australian mining town of Nhulunbuy celebrates its 50th anniversary in style, while looking towards an uncertain but optimistic future.

Reuters

Former Rio Tinto mine at Bougainville poses flood risk - report

Communities around Rio Tinto's shuttered copper mine in Bougainville face a serious threat of flooding due to unstable mine instrastructure, an interim report commissioned by the mining company said on Monday.

ABC News

Wangan and Jagalingou traditional owners use human rights law to occupy Bravus's Carmichael Coal Mine

After a series of failed legal challenges and their native title being extinguished, a group of Wangan and Jagalingou traditional owners are using a human rights act to occupy land at Bravus's Carmichael Coal mine in central Queensland.

AAP

Company profits lift but caution prevails

A majority of Australian companies have lifted profits in the August earnings season but concerns over costs and a slowing economy weigh on the outlook.

The Conversation

Sacred Aboriginal sites are yet again at risk in the Pilbara. But tourism can help protect Australia’s rich cultural heritage

An application from Traditional Owners to block the construction of a fertiliser plant near ancient rock art in the Pilbara was denied by the federal Environment Minister Tanya Plibersek this week. This decision is deeply concerning, and points to a much larger problem with Indigenous heritage management.

Newcastle Herald

The multibillion-dollar cost of decarbonising Hunter industry

An $8 billion investment in transmission storage infrastructure will be needed if Tomago Aluminium, the state's largest power consumer, is to make the switch to clean energy.

ABC News

Rio Tinto fined $57,000 after pipeline spill at Yarwun refinery near Gladstone

The mining giant pleaded guilty to two charges in the Gladstone Magistrates Court on Friday.

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