Construction of the Brockman 4 project will begin this year and production will commence in 2027,a year earlier than previously anticipated,Rio said in a filing on Thursday.
Nearly five years after Rio Tinto drew global condemnation for destroying ancient Indigenous rock sites,Rio Tinto is still trying to make amends.
Donald Trump is considering tariffs on one of the 21st century’s most crucial metals. It’s good news for Rio Tinto and BHP but an own goal for the president.
Jakob Stausholm has contradicted White House claims that Australia didn’t honour a promise to limit aluminium shipments to the US.
Rio Tinto became the latest mining major to post a slide in annual profit as the industry grapples with weaker demand from its top customer China.
NSW is home to Australia’s largest aluminium and steel producers. And the government has warned Donald Trump’s tariffs are the biggest threat to the state’s economy.
Donald Trump and his advisers are proving to have very selective memories. His latest move will benefit few but hurt many.
If either side needs to compromise on the takeover price to get a transaction done,it’s Glencore that needs to make sacrifices now to secure a better future.
Analysts at CreditSights said any potential union would raise questions about strategic alignment and corporate culture and whether the two were a good match.
Rio Tinto shares fell 0.5 per cent to $118.99 on Friday,after Bloomberg reported that Rio had been involved in early-stage merger talks with Glencore.