The mining giant is part of a consortium building a huge new mining province in Guinea,where there are fears for the survival of a species of chimpanzee.
It was another steady year for Rio Tinto’s base business of selling Australian iron ore in 2023,but many investments elsewhere remain troublesome.
The global resources giant expects to dig up 1.5 billion tonnes of iron ore in Africa over the next 26 years,stimulating its growth and expenses.
The mining giant says growth in iron ore demand will come from India and other countries in Asia.
Mining giant Rio Tinto shipped enough iron ore to reach the top end of its guidance,despite planned maintenance and a rail derailment slowing operations.
Rio Tinto’s chair,Dominic Barton,has defended activists pushing the global miner to do better on environmental,social and governance issues.
The nation’s biggest iron ore miner has reported a steep fall in full-year profit on the back of soaring inflation and softer prices for the key steel-making material during 2022.
The mining giant’s chief executive has backed the federal government’s commitment to a 43 per cent carbon emissions cut by 2030.
Rio Tinto’s UK annual general meeting was a compendium of problems with landholders across the globe.
Rio Tinto has moved to assume full ownership of the Canadian company that owns 66 per cent of the giant Oyu Tolgoi copper project in Mongolia.
The boss of Rio Tinto,the biggest miner of iron ore in Australia,has lauded the benefit of WA’s pandemic borders and is bullish about navigating heightened political tensions in the years ahead.