Cost of expansion at Rio Tinto’s Oyu Tolgoi rises again
Rio Tinto (NYSE: RIO; LSE: RIO; ASX: RIO) flagged on Friday a cost increase of $300 million for the ongoing expansion of its massive Oyu…
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Rio Tinto invests US$188M to upgrade aluminum smelter in Quebec
Rio Tinto (NYSE: RIO; LSE: RIO; ASX: RIO) is investing US$188 million to increase the production capacity for low-carbon, high-value aluminum billets at its Alma…
Nano One ‘turns a page’ with $10M investment from Rio Tinto
Rio Tinto (NYSE: RIO; LSE: RIO; ASX: RIO) has announced a US$10-million investment in Nano One Materials (TSX: NANO), a technology company with a patented…
Vale advances plans to produce nickel sulphate in Canada
Vale, the world’s top nickel and iron ore producer, has completed a prefeasibility study for its proposed nickel sulphate facility in Bécancour Que., the company…
Skyharbour buys into Rio Tinto’s Russell Lake uranium project
Canadian explorer Skyharbour Resources (TSXV: SYH) has inked a cash and shares deal to acquire an initial 51% stake in Rio Tinto’s (NYSE: RIO; LSE:…
Mining Indaba: Africa’s accelerated energy transition should leave no one behind
As the world pivots towards a green energy transition in the fight against climate change, Africa faces a generational opportunity to create new supply chains…
Argentina expects US$4.2B investment in its lithium sector
Argentina expects to receive a US$4.2-billion combined investment in its growing lithium market in the next five years, which would help the country double production…
Rio Tinto cuts ties with Russian businesses over Ukraine war
Rio Tinto (NYSE: RIO; LSE: RIO; ASX: RIO) has become the first major mining company to announce it was cutting all ties with Russian businesses,…
Rio Tinto to open North America’s first scandium plant in June
Rio Tinto (NYSE: RIO; LSE: RIO) and the Quebec government have announced the development of the first scandium oxide plant in North America. The commercial-scale…
Rio Tinto maintains dividend, discloses taxes
Rio Tinto (NYSE: RIO; LSE: RIO) Chairman Simon Thompson told shareholders the company will proceed with a dividend payment announced in February of $2.31 per…
Indigenous title lawsuits don’t conform to provincial boundaries, Supreme Court rules
A recent Supreme Court of Canada decision has confirmed the right of Indigenous communities to sue companies for aboriginal title claims that span provinces without…
Rio Tinto builds first solar plant in Western Australia
Rio Tinto (NYSE: RIO; LSE: RIO) will build a US$98 million solar plant to power its Koodaideri iron ore mine in Western Australia, about 35…