Facebook Twitter Google Plus LinkedIn Mail Advertisement. View our latest reports including annual report, climate change and sustainability, Discover the work we're doing with innovation, communities and our employees, From underground miners to data scientists, we want your hard work, dedication and outside-the-box thinking. Rio Tinto … A cookie is a small file of letters and numbers that we store on your browser or the hard drive of your computer if you agree. We harness new and emerging technologies to make our operations more efficient, safer and more environmentally friendly. The 46,000-year-old Juukan Gorge rock … Jacques received £13.3 million (US$18 At Rio Tinto, we know our future is even brighter than our past. Our geologists explore the Earth’s wildest terrain. However if you choose to provide personal data to Rio Tinto through this website (for example, by sending us an email), we will process that personal data to answer your query and if relevant, to manage our business relationship with you or your company. United States, We seek to play a positive role in the communities where we operate, as well as in wider society. However if you choose to provide personal data to Rio Tinto through this website (for example, by sending us an email), we will process that personal data to answer your query and if relevant, to manage our business relationship with you or your company. With the exception of the use of cookies, Rio Tinto generally does not seek to collect personal data through this website. We aim to deliver superior returns to our shareholders throughout the cycle by meeting our customers’ needs, allocating capital with discipline, and investing in high-quality projects and in industries with solid, long-term fundamentals. Hong Kong (CNN Business)Rio Tinto's former CEO got a huge payout last year despite being forced to resign over the company's destruction of … They help us know how often you come to our site and when, how long you stay and any performance issues you experience whilst you are on our site. Rio Tinto’s chairman will stand down amid an outcry over the miner’s destruction of a 46,000-year-old sacred indigenous site in Western Australia.. Simon Thompson will leave Rio Tinto … How we process personal data provided or obtained through this website. These Cookies also facilitate sharing information with social networks or recording your interactions with particular ads. These Cookies are used to provide a better user experience on the site, such as by measuring interactions with particular content or remembering your settings such as language or video playback preferences. (Alliance News) - Rio Tinto PLC upped its annual payout Wednesday, helped by a record final dividend as the miner shrugged off Covid-19 to post a hefty profit rise for 2020. SEE ALSO: US households will push $350 billion into stocks this year as … Protesters rally outside the Rio Tinto office in Perth, Australia, on June 9, 2020. Rio Tinto reported a 20% rise in underlying profit last year to US$12.4 billion and a record $9 billion dividend payout to investors. 2020 demolition went ahead despite seven year battle to protect the site By combining it with clever analytics, artificial intelligence, machine learning and automation, we are making our business safer and more productive. This helps us to provide you with a good experience when you browse our website and also allows us to improve our site. However if you choose to provide personal data to Rio Tinto through this website (for example, by sending us an email), we will process that personal data to answer your query and if relevant, to manage our business relationship with you or your company. The company was founded in 1873, when a multinational consortium of investors purchased a mine complex on the Rio Tinto, in Huelva, Spain, from the Spanish government. Cookies contain information that is transferred to your computer's hard drive. The investment allows for the mining of existing and new deposits at WTS2 and includes construction of a new crusher and a 13-km conveyor which will help lower greenhouse gas emissions from the mine by 3.5% compared to road … With your consent, our website uses cookies to distinguish you from other users of our website. Cookies contain information that is transferred to your computer's hard drive. There is additional information in the appendices to the Data Privacy Standard, including information about disclosures, trans-border data transfers, the exercise of data subject rights and how to make complaints or obtain further information relating to Rio Tinto’s processing of your personal data. Rio Tinto chairman Simon Thompson has signalled he will step down from his role due to the destruction of the Juukan Gorge rock shelters in Western Australia. We won't process that personal data for other purposes except where required to meet our legal obligations or otherwise as authorised by law and notified to you. These Cookies also facilitate sharing information with social networks or recording your interactions with particular ads. Rio Tinto will begin construction on a new plant that will recover tellurium, a critical mineral used in solar panels, from copper refining at its Kennecott mine near Salt Lake City, Utah. Originally established in Death Valley, California, the mine’s “Twenty Mule Team” would transport the borates through the harsh desert environment, ready for distribution to customers. Rio Tinto reported full year revenues of $44.6bn, up 3% year-on-year. About Rio Tinto PLC Rio Tinto plc is an international mining company. Mining giant Rio Tinto has apologized after blowing up a 46,000-year-old sacred indigenous site with dynamite to expand an Australian iron ore mine. These Cookies allow us to analyse site usage in order to evaluate and improve its performance. As some data privacy laws regulate IP addresses and other information collected through the use of cookies as personal data, Rio Tinto’s processing of such personal data needs to comply with its Data Privacy Standard (see Part 1 of our Privacy Policy), and also applicable data privacy laws. We produce iron ore for steel, aluminium for cars and smart phones, copper for wind turbines, diamonds that set the standard for “responsible”, titanium for household products and borates for crops that feed the world, Rio Tinto is a mining and metals company operating in about 36 countries around the world, We produce materials essential for human progress, Iron ore, one of the most abundant metals on Earth, is the primary raw material used to make steel, We work in about 35 countries – in mines, smelters and refineries, as well as in sales offices, data centres, research and development labs, In the Pilbara region of Western Australia, we own an integrated portfolio of iron ore assets: a world-class, integrated network of 16 mines, We work hard to leave a lasting, positive legacy everywhere we work, We see ourselves as water stewards and take that commitment seriously, We aim to deliver superior returns to our shareholders while safeguarding the environment and meeting our obligations to wider society, Our reporting reflects our commitment to sustainability and transparency. A cookie is a small file of letters and numbers that we store on your browser or the hard drive of your computer if you agree. Rio Tinto’s chairman will stand down amid an outcry over the miner’s destruction of a 46,000-year-old sacred indigenous site in Western Australia. They help us know how often you come to our site and when, how long you stay and any performance issues you experience whilst you are on our site. We have also lowered our water use by millions of gallons through recycling – a critical goal given our location in Southern California. If you choose to subscribe to our media releases or other communications, you can unsubscribe at any time (by following the instructions in the email or by contacting us at digital.comms@riotinto.com). U.S. Forest Service rescinds environmental report for Rio's Arizona copper mine Reuters 20:28 1-Mar-21. 200 E Randolph US government officials have approved a land swap for a Rio Tinto copper mine in Arizona that would boost domestic production of the red metal but destroy sites sacred to Native Americans. There is additional information in the appendices to the Data Privacy Standard, including information about disclosures, trans-border data transfers, the exercise of data subject rights and how to make complaints or obtain further information relating to Rio Tinto’s processing of your personal data. The US Department of Agriculture will withdraw a key environmental review for a planned Arizona mine that could supply up to a quarter of US copper demand. We built a wind farm 200 kilometres south of the Arctic Circle to help power our diamond mine, and in 2018 became the only major mining company to stop producing fossil fuels, including coal. U.S. Borax We are always open to new ideas about the best way to share value from mining projects in a way that preserves and grows investor returns, creates lasting value for host governments and communities and provides the metals the world needs in an environmentally sustainable way. Rio Tinto has spent over $500 million to develop the Greater Tom Price iron ore operations in Western Australia’s Pilbara region. This helps us to provide you with a good experience when you browse our website and also allows us to improve our site. The case is SEC v Rio Tinto Plc et al, U.S. District Court, Southern District of New York, No. Rio Tinto initially penalized Jacques by cutting his short-term bonuses, amounting to almost US$5 million (£3.7 million). The new ATO row is a blow to Rio … With the exception of the use of cookies, Rio Tinto generally does not seek to collect personal data through this website. As some data privacy laws regulate IP addresses and other information collected through the use of cookies as personal data, Rio Tinto’s processing of such personal data needs to comply with its Data Privacy Standard (see Part 1 of this Privacy Policy), and also applicable data privacy laws. This was not enough to save former CEO Jacques, however, and highlights the importance of ESG over profit. The DVC is meticulously working to restore the site to its original look. Anglo-Australian mining giant Rio Tinto has been charged with fraud in the US and fined £27.4m in the UK after being accused of overstating the value of … A US judge on Wednesday quashed a bid to widen the scope of a civil lawsuit by the US Securities and Exchange Commission that accused miner Rio Tinto … In 2019 we approved a pilot plant to process waste rock from our boron operations to extract lithium. This is in addition to the more than A$8.4bn (US$6.4bn) of Australian income tax paid during the relevant period. Rio Tinto Group is an Anglo-Australian multinational and the world's second largest metals and mining corporation, behind BHP, producing iron ore, copper, diamonds, gold and uranium. RIO Tinto today continued the run of good news for investors in the mining sector as it announced a record dividend on the back of a boom in demand for commodities. … Last month, however, the company revealed that Jacques had finished 2020 with a substantial payout. At Rio Tinto Kennecott, we mine essential elements that make modern living possible. With your consent, our website uses cookies to distinguish you from other users of our website. This helps us to provide you with a good experience when you browse our website and also allows us to improve our site. 17-07994. Our mine is operated by our borax business, U.S. Borax, which is one of America’s oldest and most iconic businesses. For example, we have reduced energy use and greenhouse gas emissions by more than 5% per tonne of product by improving the design of the site and through better maintenance. Rio Tinto is facing a new front in an escalating dispute over how to finance its biggest project after a US hedge fund threatened the miner with legal action. These Cookies are used to provide a better user experience on the site, such as by measuring interactions with particular content or remembering your settings such as language or video playback preferences. Rio Tinto to contribute funds for new hospital at Pilbara, Western Australia Hospital Management 16:46 1-Mar-21. Part 1 of this Privacy Policy contains the Rio Tinto Data Privacy Standard, which provides an overview of Rio Tinto’s approach to personal data processing. However if you choose to provide personal data to Rio Tinto through this website (for example, by sending us an email), we will process that personal data to answer your query and if relevant, to manage our business relationship with you or your company. We won't process that personal data for other purposes except where required to meet our legal obligations or otherwise as authorised by law and notified to you. Our strategy is to create superior value for shareholders by meeting our customers' needs, maximising cash from our world-class assets and allocating capital with discipline, Our pioneering spirit keeps us moving forward. A cookie is a small file of letters and numbers that we store on your browser or the hard drive of your computer if you agree. US judge rejects SEC bid to expand Rio Tinto fraud lawsuit on Mozambique coal business A U.S. judge on Wednesday quashed a bid to widen the scope of … Rio Tinto expects to begin production of tellurium in the fourth quarter of 2021. Hong Kong (CNN Business)Rio Tinto's former CEO got a huge payout last year despite being forced to resign over the company's destruction of … We work in 35 countries – in mines, smelters and refineries, as well as in sales offices, data centres, research and development labs and with artificial intelligence. How we process personal data provided or obtained through this website. 17-07994. We won't process that personal data for other purposes except where required to meet our legal obligations or otherwise as authorised by law and notified to you. Since then, the company has grown through a long series of mergers and acquisitions to place itself among the world leaders in the production of many co… Native Americans try to block US move to give land to Rio Tinto Native American group says US does not own land sought by mining giant for lucrative copper deposits. As some data privacy laws regulate IP addresses and other information collected through the use of cookies as personal data, Rio Tinto’s processing of such personal data needs to comply with its Data Privacy Standard (see Part 1 of our Privacy Policy), and also applicable data privacy laws. The metals and mining major intends to … We won't process that personal data for other purposes except where required to meet our legal obligations or otherwise as authorised by law and notified to you. Lithium is used to make electric vehicle batteries and other high-tech equipment. Rio Tinto Chairman Simon Thompson has informed the Board that he will not seek re-election as a non-executive director at the 2022 annual general meetings (AGMs) of Rio Tinto plc and Rio Tinto Limited. Rio Tinto Group Another company to benefit from a surge in iron ore prices is Rio Tinto Group. These Cookies are used by advertising companies to inform and serve personalised ads to your devices based on your interests. Data is one of our most valuable assets. With the exception of the use of cookies (explained below), Rio Tinto generally does not seek to collect personal data through this website. Get the latest stock price for Rio Tinto Plc (RIO:US), plus the latest news, recent trades, charting, insider activity, and analyst ratings. Rio Tinto has been hit with a $406.5 million bill as part of its latest dispute with the Australian Taxation Office. Rio Tinto plc 6 St James’s Square London SW1Y 4AD United Kingdom T +44 20 7781 2000 Registered in England No. We were founded in 1873, on the banks of the Rio Tinto river in Andalusia, Spain. View our latest reports including annual report, climate change and sustainability, Discover the work we're doing with innovation, communities and our employees, From underground miners to data scientists, we want your hard work, dedication and outside-the-box thinking. With your consent, our website uses cookies to distinguish you from other users of our website. Rio Tinto discovered scandium oxide in the ore at its Lac Tio open pit mine in Havre-Saint-Pierre, Que., five years ago. Currently we are developing a cost effective way to extract lithium from the rock waste. The SEC filed a complaint As some data privacy laws regulate IP addresses and other information collected through the use of cookies as personal data, Rio Tinto’s processing of such personal data needs to comply with its Data Privacy Standard (see Part 1 of this Privacy Policy), and also applicable data privacy laws. To this day, U.S. Borax celebrates its unique history by bringing the mule team back to life for special events and celebrations, both in Nevada and California. Rio Tinto initially penalized Jacques by cutting his short-term bonuses, amounting to almost US$5 million (£3.7 million). About Rio Tinto PLC Rio Tinto plc is an international mining company. A joint venture between Rio Tinto and BHP is proposing one of the largest copper projects in the US. Rio Tinto approved the US$749 million (AUS$1 billion) investment in the mine in November 2019 to sustain production capacity of its iron ore business in the Pilbara. (Sharecast News) - Rio Tinto on Tuesday reported a 2.4% rise in fourth-quarter iron ore shipments, boosted by a return to pre-pandemic industrial activity in China, the company said on Tuesday. Thompson said … Rio Tinto hikes investment in the Pilbara Mining.com 18:12 1-Mar-21. It operates through the following business segments: Iron Ore, Aluminium, Copper and … Rio Tinto chairman steps down 10 months after company blew up 46,000-year-old Aboriginal caves. The Rio Tinto area has been the source of approximately 5,000 years of ore mining, including copper, silver, gold, and other minerals, extracted as far as 20 kilometres from the river shores. If you choose to subscribe to our media releases or other communications, you can unsubscribe at any time (by following the instructions in the email or by contacting us at digital.comms@riotinto.com). This helps us to provide you with a good experience when you browse our website and also allows us to improve our site. Our marketing teams make sure our essential materials meet the specific needs of customers around the world. Rio Tinto Plc engages in the exploration, mining, and processing of mineral resources. These Cookies are used by advertising companies to inform and serve personalised ads to your devices based on your interests. We produce iron ore for steel, aluminium for cars and smart phones, copper for wind turbines, diamonds that set the standard for “responsible”, titanium for household products and borates for crops that feed the world, Rio Tinto is a mining and metals company operating in about 36 countries around the world, We produce materials essential for human progress, Iron ore, one of the most abundant metals on Earth, is the primary raw material used to make steel, We work in about 35 countries – in mines, smelters and refineries, as well as in sales offices, data centres, research and development labs, In the Pilbara region of Western Australia, we own an integrated portfolio of iron ore assets: a world-class, integrated network of 16 mines, We work hard to leave a lasting, positive legacy everywhere we work, We see ourselves as water stewards and take that commitment seriously, We aim to deliver superior returns to our shareholders while safeguarding the environment and meeting our obligations to wider society, Our reporting reflects our commitment to sustainability and transparency. Mining giant Rio Tinto has revealed in its annual report that it has increased its use of drones and other technologies to work safer and smarter amid the coronavirus rules. A joint venture between Rio Tinto and BHP is proposing one of the largest copper projects in the US. Our products are used in cell phones, computers and hybrid electric cars. Rio Tinto is set to start face-to-face negotiations with the government of Mongolia as its seeks to complete the $6.75bn expansion of a huge copper project in … If you choose to subscribe to our media releases or other communications, you can unsubscribe at any time (by following the instructions in the email or by contacting us). As a possible result of the mining, the Río Tinto is notable for being very acidic ( pH 2) and its deep reddish hue is due to iron dissolved in the water. Rio Tinto chairman Simon Thompson said Wednesday he was accountable for the mining giant destroying sacred Indigenous sites in Australia to access iron ore and he will not seek reelection as a board director next year. Rio Tinto announces total dividend of 557 US cents per share for 2020, a 72% pay-out, from robust results during a challenging year Investing News Network - February 16th, 2021 Rio Tinto paid its ousted chief executive £7.2 million last year, a 20 per cent increase despite him presiding over the Juukan Gorge scandal that ultimately forced his departure. A US judge on Wednesday quashed a bid to widen the scope of a civil lawsuit by the US Securities and Exchange Commission that accused miner Rio Tinto of fraud at its Mozambican coal business, said Reuters citing a court filing. The company increased its use of drones and mine pit cameras to allow inspections to go … Nearly everything used today relies on materials we produce. At Boron, we continually aim to improve our productivity, the safety of our team and to minimise our environmental impact. If you choose to subscribe to our media releases or other communications, you can unsubscribe at any time (by following the instructions in the email or by contacting us). Mining at Boron began in 1927 and today, the mine – home to one of the richest deposits of borates in the world – produces one million tonnes of refined borates every year, or approximately 30% of global demand. Setback for BHP and Rio Tinto at US copper project Australian Financial Review 23:00 1-Mar-21. Our wildlife specialists work to protect and conserve grizzly bears in Canada and migratory shorebirds in Western Australia. Rio Tinto is set to start face-to-face negotiations with the government of Mongolia as its seeks to complete the $6.75bn expansion of a huge copper project in the Gobi desert. We value your privacy. Rio Tinto has spent over $500 million to develop the Greater Tom Price iron ore operations in Western Australia’s Pilbara region. Rio’s senior independent director Sam Laidlaw and Simon McKeon, senior independent director of Rio Tinto Limited, will jointly lead the search for the new chairman. Rio Tinto chairman Simon Thompson said Wednesday, March 3, 2021 he was accountable for the mining giant destroying sacred Indigenous sites in Australia to access iron ore and he will not seek reelection as a board director next year. The refinery and shipping operation produces and ships more than 36,000 tons of packaged goods and more than 300,000 tons of bulk material to customers in Europe, Malaysia, and China. Rio Tinto has been hit with a $406.5 million bill as part of its latest dispute with the Australian Taxation Office. The company was founded in 1873, when a multinational consortium of investors purchased a mine complex on the Rio Tinto, in Huelva, Spain, from the Spanish government. Sam Laidlaw, senior independent director of Rio Tinto plc, and Simon McKeon, senior independent director of Rio Tinto Limited, will now therefore jointly lead the search for Simon’s … Rio Tinto plc 6 St James’s Square London SW1Y 4AD United Kingdom T +44 20 7781 2000 Registered in England No. Today, thousands of miles from our mines, we use AI to help our controllers make better decisions, only major mining company to stop producing fossil fuels, solution to climate change, and believe we are. The Australian Taxation Office (ATO) has issued Rio Tinto Limited with amended assessments of A$359.4m (US$279.8m) primary tax and A$47.1m (US$36.7m) of interest. We are proud of everything we have achieved. Cookies contain information that is transferred to your computer's hard drive. Rio Tinto's chairman and a director will step down over the destruction of two ancient Aboriginal rock shelters. Supply-Chain Reliability: Our Wilmington facility at the Port of Los Angeles has been in continuous operation since 1924. 719885. However if you choose to provide personal data to Rio Tinto through this website (for example, by sending us an email), we will process that personal data to answer your query and if relevant, to manage our business relationship with you or your company. However if you choose to provide personal data to Rio Tinto through this website (for example, by sending us an email), we will process that personal data to answer your query and if relevant, to manage our business relationship with you or your company. With your consent, our website uses cookies to distinguish you from other users of our website. Suite 7100 Part 1 of this Privacy Policy contains the Rio Tinto Data Privacy Standard, which provides an overview of Rio Tinto’s approach to personal data processing. With the exception of the use of cookies, Rio Tinto generally does not seek to collect personal data through this website. Chicago IL 60601 Cookies contain information that is transferred to your computer's hard drive. The assessments relate to the denial of interest deductions on an isolated borrowing used to pay an … Rio Tinto boss admits destroying Juukan rock shelters 'was a dark day' and announces US$9.77bn profit Read more The destruction of the site was outlined in a … We want to be part of the solution to climate change, and believe we are. Rio Tinto plans to argue a $406.5 million tax bill from the Australian Taxation Office following its denial of reductions in interest from money borrowed in 2015. In 2013, Rio Tinto turned over the now-ghost town of Ryan to the Death Valley Conservancy (DVC), protecting its valuable cultural heritage for future generations. Rio Tinto Group is an Anglo-Australian multinational and the world's second largest metals and mining corporation , behind BHP, producing iron ore, copper, diamonds, gold and uranium. The case is SEC v Rio Tinto Plc et al, U.S. District Court, Southern District of New York, No. Rio Tinto delivered a record dividend to shareholders as soaring iron ore prices and demand from China drove full-year profits sharply higher. With the exception of the use of cookies (explained below), Rio Tinto generally does not seek to collect personal data through this website. In the early 20th century, the small town of Ryan was established to accommodate the hundreds of miners employed at the Death Valley site; from 1914-1927, it was also the centre of borates mining, complete with a hospital, post office, school and a building that served as a church, movie theatre and recreation hall. These Cookies allow us to analyse site usage in order to evaluate and improve its performance. A cookie is a small file of letters and numbers that we store on your browser or the hard drive of your computer if you agree. Last month, however, the company revealed that Jacques had finished 2020 with a substantial payout. We are home to one of the world’s largest robots and maybe one of the smallest – we call him Mark. Tags. Rio Tinto chairman Simon Thompson said Wednesday he was accountable for the mining giant destroying sacred Indigenous sites in Australia to access iron ore and he will not seek reelection as a board director next year.

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