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The Latest Breaking News from Rio

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.

Reuters

5 Top Mining Stocks to Buy in June

Rising commodity prices and soaring demand for metals and materials should drive the performance of mining companies. Moreover, the digitization of various mining operations should bode well for the industry. Therefore, fundamentally sound mining stocks Rio Tinto Group (RIO), BHP Group Limited (BHP), Glencore plc (GLNCY), Vale S.A. (VALE), and…

StockNews.com

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

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Duran Duran on making Rio: ‘We’re still trying to work out what it means’

‘We’ve taken a lot of punishment over the years – some of it deserved – but that track is here to stay. No one will ever be able to take it away from us’

The Guardian - UK

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

6 High-Yield Dividend Stocks To Buy And Hold In A Volatile Market

During periods of stock market weakness, investors can still generate yield from high-quality dividend stocks. The Federal Reserve has already raised interest rates by 0.75% so far in 2022, but there are plenty of high-yield dividend stocks paying 6% or more at current prices.

Benzinga

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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

Buy These 3 Stocks Yielding More Than 5% to Protect Your Portfolio

The fears of a global economic slowdown, coupled with the Fed’s monetary policy tightening to combat inflation and intensifying geopolitical tensions, are expected to keep the stock market under tremendous pressure in the near term. Given the market turbulence, we think the shares of Rio Tinto (RIO), Westlake Chemical Partners…

StockNews.com

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".

ABC News

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.

Benzinga

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

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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.

StockNews.com

Why Clean Energy Demand Will Keep Copper Prices High

Copper prices are currently hovering near all-time highs due to fears of supply disruptions and low stockpiles. As the world transitions towards clean energy, the demand for copper, a widely used metal in energy generation, is expected to keep surging, leading to a further increase in its prices. Fundamentally strong…

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.

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StockNews.com

4 High-Yield Basic Materials Stocks to Own in 2022

Despite the escalating supply chain disruptions due to the Russia-Ukraine war, and the resurgence of COVID-19 cases in many countries, the expected economic recovery and infrastructure spending should drive the basic materials industry’s growth. Therefore, considering current market volatility, we think it could be wise to bet on high dividend-yielding…

Evening Standard

Rio Tinto in $2.7 billion bid for full control of ‘one of world’s largest’ copper mines

The Anglo-Australian firm is hoping to take full ownership of its major copper mine project in Mongolia by buying out Canadian partner Turquoise Hill.

The Guardian - AU

Rio Tinto to sever ties with Russian businesses over Ukraine war

Mining giant’s decision follows other big names exiting Russia and casts doubt over Queensland Alumina Ltd joint venture

The Guardian - AU

Morrison says Qld premier ‘consulted’ on emergency; Rio Tinto ditching Russia; 21 Covid deaths – As it happened

All the day’s news as it unfolded

Birmingham Post

Rio Architects shows continued growth with 16 new appointments

The appointments include three internal promotions to the architectural firm’s management team

The Guardian - AU

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

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

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