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The Latest Breaking News from Rio Tinto

Oil surges, pushing up Santos, Paladin and Woodside as ASX falls sharply

The Australian share market fell sharply on Monday amid a surge in oil prices as the war in Ukraine continues to rock commodity and equity markets.

ABC News

Australian companies are divesting from Russia, but some links to oligarchs remain

Ethical investors are calling on Rio Tinto, Origin Energy and other entities to join the list of Australian comnpanies divesting from Russia.

The New Daily

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

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Serbia: The lithium mine sowing deep discord

Discovered in Serbia's Jadar region, jadarite might be considered miraculous – at least by the Serbian government and the Rio Tinto mining group. They view this lithium derivative as an ideal raw material source for electric car batteries. But activists say it destroys ecosystems and causes severe illnesses. After months…

France 24

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

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FTSE 100 Live: Rio Tinto pays record dividend as Barclays returns £2.5 billion, oil price steady

Rio Tinto today declared a record dividend worth $16.8 billion (£12bn) as City investors get a slice of 2021's commodity price boom.

Evening Standard

City comment: Don’t make profits a dirty word in the Covid recovery

What do oil companies, car dealers and Rio Tinto have in common? They are all making money hand over fist and catching flak for it.

Evening Standard

Alan Kohler: Business leaders must lead in the empowerment of women

The case of former Victorian judge Peter Vickery is a warning to leaders of every organisation they should commission a report into their workplace culture

The New Daily

Infrastructure in 2022: The Complete Investors Guide

Improving America’s infrastructure is one rare area of bipartisan agreement. According to Gallup, 68% of Americans expressed support for infrastructure spending. The Infrastructure Jobs and Investment Act was passed at the end of last year and will benefit stocks like Rio Tinto (RIO), Cummins (CMI), ArcelorMittal (MT), Eaton (ETN), and…

StockNews.com

Western Australia's big miners step up measures to keep COVID-19 out of their workforces

Western Australia's iron ore miners are doing all they can to prevent COVID-19 infiltrating their workforces.

ABC News

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

WA holds the key to Australia’s emissions goals. Can a government so committed to gas deliver?

Environmentalists fear premier could legislate away regulations and undo progress toward net zero at the stroke of a pen

The Guardian - AU

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The Guardian - AU

‘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

InsideEVs

Tesla Chooses Talon Metals In Minnesota For Nickel Supply

Talon Nickel secured an agreement with Tesla to supply nickel concentrate from its Tamarack Nickel Project, a joint venture with mining giant Rio Tinto.

Reuters

South Africa urges Rio Tinto workers to report cases of discrimination

South Africa's labour ministry on Thursday urged Rio Tinto workers to report instances of discrimination after the Anglo-Australian miner released an internal report detailing sexual assault, racism, and bullying across its mines.

ABC News

BHP bullying victim says complaint process at mining companies needs overhaul

A former employee of mining giant BHP who left after reporting bullying says internal complaint processes are failing victims and stopping people from coming forward.

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news in one place.

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The Guardian - AU

Cost to rehabilitate Kakadu uranium mine site could blow out by $1.2bn

Ranger mine site repair by Energy Resources of Australia/Rio Tinto will now take until 2028, two years past deadline

ABC News

Rio Tinto review into sexual assault, harassment sparks WA Premier's warning for mining industry

Mark McGowan urges the mining industry to take action in the wake of a report commissioned by Rio Tinto that revealed widespread experiences of sexism, sexual harassment and assault.

ABC News

The Loop: 'Disturbing' Rio Tinto report, house prices keep rising and Wordle is bought out by the New York Times

Here's your TL;DR for today's news.

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’

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.

ABC News

Worldwide demand for solar panels presents 'global warming risk' through aluminium production

The global community will need almost 60 times more solar power to reach net zero emissions by 2050, but the emissions-intensive aluminium required to do so presents an environmental risk, a new study has found.

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