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The Latest Breaking News from Rio Tinto

Stocks Set to Open Lower as Investors Await U.S. Inflation Data and Big Bank Earnings, Fed Speak on Tap

December S&P 500 E-Mini futures (ESZ24) are down -0.48%, and December Nasdaq 100 E-Mini futures (NQZ24) are down -0.67% this morning as Treasury yields extended their rise after Friday’s strong jobs report spurred a sharp paring of rate-cut expectations, while investors awaited U.S. inflation data, the start of the third-quarter…

Barchart

Rio Tinto Eyes $4-6 Billion Arcadium Takeover, Bolstering Global Lithium Presence

Rio Tinto is reportedly considering paying $4-6 billion to acquire U.S. lithium producer Arcadium, which would give it access to mines and processing facilities on four continents. The move highlights the global competition for lithium dominance in the face of rising demand for electric vehicles.

International Business Times

Aussie shares gain as Rio makes play for lithium miner

The ASX200 has finished 0.7 per cent higher with gains for retail banks along with lithium miners after a major takeover offer by Rio Tinto.

AAP

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2 High-Yielding Dividend Stocks Set to Benefit from China's Stimulus

While China's stimulus is expected to spur its economic growth, metal and mining companies will also benefit from the recovery in China. BHP and RIO look like 2 high-yielding dividend stocks to buy for investors looking to play China's stimulus.

Barchart

Traditional owners join legal spat over Jabiluka mine

Traditional owners will continue their fight against the Jabiluka uranium mine by contesting a legal bid by a Rio Tinto subsidiary to extend the mining lease.

AAP

Green fuels, food, medicine probed by $60m research hub

Can businesses turn waste into jet fuel and gases into fish food? Researchers at an Australian university plan to investigate carbon-cutting projects.

AAP

Activist opposed to Rio Tinto lithium mine receives anonymous death threats

Serbian green campaigner who co-drafted declaration against lithium exploitation now fears for his safety

The Guardian - UK

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Australia won’t have ‘green steel’ to itself. Africa is poised to become a global hub

Australia is at the forefront of efforts to turn steelmaking green.

The Conversation

Cost question remains after Qld deal with Rio Tinto

The Queensland government has struck a deal with mining giant Rio Tinto to keep a major aluminium smelter open but the question of cost remains.

AAP

2 Dividend Stocks Yielding Almost 7% to Buy in August Before the Fed Cuts Rates

With the Fed expected to soon cut rates, dividend stocks might get their sheen back. Enbridge and Rio Tinto look like two dividend stocks worth buying for their nearly 7% yield.

Barchart

Australia risks missing $250b green iron opportunity

Urgent reforms are being called for to allow Australia to become a world leader in the production and export of iron produced with renewable energy.

AAP

The WSJ’s Evan Gershkovich had his employer’s support—but that’s not always the case for employees on an overseas mission

When in Rome, it is not always appropriate to do as the Romans do.

Fortune

Thousands Protest In Serbian Capital Against Lithium Mine

Thousands hit the streets in Serbia's capital Belgrade Saturday to protest the rebooting of a controversial lithium mine set to serve as a vital source to power Europe's green energy transition.

International Business Times

Thousands protest in Serbia’s Belgrade against lithium mining project

Protesters say they fear project by mining giant Rio Tinto would pollute water sources and endanger public health.

Al Jazeera

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The Independent UK

Residents of Serbia's lithium-rich region vow to block EU-backed mining

Residents of a tiny village in western Serbia don’t care if their government has agreed with the European Union to open a lithium mine in their sprawling valley: They say it is never going to happen

AAP

Rio Tinto 'open' to nuclear energy, profit flatlines

Rio Tinto says it wants to find better ways to provide the materials the world needs but warns decarbonisation has "a long way to go".

Top News

Germany And Serbia Discuss Lithium Excavation Deal

German Chancellor Olaf Scholz visits Serbia to discuss lithium excavation for EU's electric vehicle industry. Serbia holds Europe's largest lithium deposit...

The Conversation

The first published results from Juukan Gorge show 47,000 years of Aboriginal heritage was destroyed in mining blast

Aboriginal and Torres Strait Islander readers are advised this article contains an image of deceased people, which is used with permission from the Traditional Owners.

International Business Times

EU, Serbia Set To Ink 'Critical Raw Materials' Deal

The European Union and Serbia were set to sign a deal Friday over the supply of battery materials during a "critical raw materials summit", just days after Belgrade allowed work to resume at a disputed lithium mining project.

The Independent UK

German leader to visit Serbia seeking lithium for his country's car industry

German Chancellor Olaf Scholz is to visit Serbia later this week to discuss a tentative deal with the Balkan country for the controversial excavation of lithium, a critical substance in making batteries for electric vehicles

International Business Times

Serbia Greenlights Disputed Lithium Mining Project

Serbia's government on Tuesday said operations can restart at a disputed lithium mining project, days after a top court ruling overturned a 2022 cancellation of its permits.

AAP

Australian shares take a breather after three-day climb

The ASX200 has finished 0.2 per cent lower, dragged down partly by losses from BHP and Rio Tinto, but still notched its second-highest close ever.

Barchart

This 'Boring' Copper Miner Is Outfoxing Its Competitors

Investors underestimating the rate at which Rio Tinto is evolving. Its $15 billion investment into the giant Oyu Tolgoi copper mine in Mongolia gives Rio the potential to catch up to BHP in terms of production – it could produce close to 900,000 tons by the end of the decade,…

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