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The Latest Breaking News from Rio Tinto

Russian giant sues Rio over Qld refinery

Russian companies have filed papers in the Federal Court arguing Queensland Alumina Limited had no right to cut them out of the business because of sanctions.

AAP

Subsidiary of Russian company sues Rio Tinto for cutting it out of Queensland alumina operation

Australia’s sanctions on oligarch Oleg Deripaska led to Rio Tinto taking responsibility for Gladstone refinery from Rusal subsidiary

The Guardian - AU

Tapping mineral wealth in mining waste could offset damage from new green economy mines

To go green, the world will need vast quantities of critical minerals such as manganese, lithium, cobalt and rare earth elements. But to some environmentalists, mining to save the planet is a hard pill to swallow if it leads to damage to pristine areas.

The Conversation

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Labor, Greens look set to push businesses to adopt tougher emission targets

The future of Australia's biggest emitters looks uncertain under the new Labor government, with the Greens and climate change-focused independents set to have a loud voice in parliament.

ABC News

Rio Tinto's Madagascar mine restarts after reaching deal with protesters

Rio Tinto's QIT Madagascar Minerals (QMM) mineral sands mine restarted production on Monday following a five-day halt, after reaching an agreement with demonstrators who had set up roadblocks at the site, Rio told Reuters on Tuesday.

Reuters

Tiwai smelter uncertainty 'not good for NZ', says energy minister

The Government will play a key role in incentivising new renewable generation and breaking gentailers' grip on the electricity market.

Newsroom.co.nz

Mining companies back away from Brazil's Indigenous areas

Some of the world’s biggest mining companies have withdrawn requests to research and extract minerals on Indigenous land in Brazil’s Amazon rainforest, and repudiated Brazilian President Jair Bolsonaro’s efforts to legalize mining activity in the areas

The Independent UK

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Juukan Gorge traditional owners sign agreement with Rio Tinto to co-manage WA mining land

Puutu Kunti Kurrama and Pinikura people will have say on future of mines on native title area, two years after heritage site was blown up

The Guardian - AU

Agreement to guide Rio's Pilbara mining

Traditional owners and Rio Tinto have signed an agreement to guide cultural heritage protections in the Pilbara in the wake of the Juukan Gorge debacle.

AAP

The Best Lithium Stocks to Buy Now

Lithium is essential for powering smartphones, laptops and EVs. There's strong demand but short supply right now. Here are the best lithium stocks to buy.

Kiplinger

Bougainville starts process to reopen controversial Panguna mine

Officials say the facility will provide crucial income despite causing war and pollution the last time it was open.

Al Jazeera

Reconciliation action plans can bring meaningful accountability to corporate Australia

Reconciliation Australia’s program is not the sole solution to 230 years of colonisation but a starting point for a more equitable and reconciled country

The Guardian - AU

Rio grilled on WA royalty dispute at AGM

Rio Tinto chief executive Jakob Stausholm has offered to meet with West Australian traditional owners amid a royalty dispute worth up to $400 million.

AAP

Rio Tinto warns Australia’s slow renewable energy rollout threatens fossil fuel phase out

Mining giant also apologises for bullying culture at annual shareholder meeting

The Guardian - AU

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ABC News

Worker dies at Rio Tinto port facility at Cape Lambert in WA's Pilbara region

A spokesperson for the company said police and ambulance crews attended the Cape Lambert site but the person could not be saved after suffering a "medical episode".

Benzinga

Morning Brief: Top Stories Dominating Financial Media on Thursday, April 14

CNBC

Benzinga

Australia's Rio Tinto Quits State Mining Lobby Over Climate Rift: Reuters

Reuters reported that Australia's Rio Tinto plc (NYSE:RIO) confirmed its exit from the state mining lobby group after raising concerns that its policy on expanding coal mines did not align with the Paris Climate Agreement. Global corporations have been attempting to appease authorities and shareholders by striving for higher emission cuts to comply with…

Benzinga

Here's How Much You Would Have Made Owning Rio Tinto Stock In The Last 5 Years

Rio Tinto (NYSE:RIO) has outperformed the market over the past 5 years by 1.83% on an annualized basis producing an average annual return of 15.29%. Currently, Rio Tinto has a market capitalization of $131.45 billion.

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The Guardian - AU

Rio Tinto investors vote against financial statements in climate protest

Mining giant accused of failing to disclose key material about how it would transition to a zero-carbon economy

The Guardian - AU

WA Aboriginal site near Rio Tinto mine more than 50,000 years old, new study reveals

Mining giant funded latest excavation at Yirra, which yielded stone tools, charcoal and bone showing habitation during the last ice age

The Guardian - AU

Rio Tinto takes full control of Queensland alumina refinery after Russian oligarchs sanctioned

Oleg Deripaska and Viktor Vekselberg hold stakes in the Gladstone based refiner, which has been under pressure to cut ties after Ukraine invasion

StockNews.com

2 Best High-Yield Stocks to Buy in April

Further Western sanctions on Russia, the possibility of aggressive interest rate hikes by the Fed, and deepening supply chain disruptions have fueled significant market volatility of late. Therefore, we think it could be wise now to bet on high-yielding dividend stocks Rio Tinto (RIO) and Dorchester Minerals (DMLP) to generate…

AAP

Iron ore jacks up Rio Tinto's tax bill

Global miner Rio Tinto says it paid $US13.3 billion in taxes and royalties in 2021 across the countries it operates in.

ABC News

Environmentalists slam proposal for former Rio Tinto executive to join uranium mine leadership

Chris Salisbury was one of three senior executives who stepped down after the destruction of a 46,000-year-old sacred site at Juukan Gorge. He has been named as the proposed chair of a $658m merger with the company developing WA's first uranium mine.

The Guardian - AU

A cut-and-paste attack on electric vehicle batteries and renewables is spanning the globe. But is it right?

Despite a boost from former resources minister Matt Canavan, a well-shared text essay decrying renewables contains only partial truths

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