The Metals Company is a pre-commercial start-up with a plan to tap a new source of metals. Rio Tinto is a very large, established metals mining company with global operations.
Rio Tinto said on Friday its Kennecott operation in Utah, U.S., has signed a 15-year virtual power purchase agreement with TerraGen to source renewable energy from a new wind farm in Texas.
SALT LAKE CITY--(BUSINESS WIRE)--Rio Tinto's Kennecott operation has progressed its decarbonisation objectives by signing a 15-year virtual power purchase agreement (VPPA) with TerraGen for renewable energy from a newly completed wind farm in Texas. Under the agreement, Rio Tinto will purchase 78.5 megawatts (MW) of renewable energy generated by TerraGen's 238.5 MW Monte Cristo I Windpower proj...
Rio Tinto , said on Tuesday it is contemplating ceasing operations at its New South Wales-based Tomago aluminium smelter at the end of its current electricity supply contract.
ULAANBAATAR, Mongolia--(BUSINESS WIRE)--Rio Tinto and China's State Power Investment Corporation (SPIC) Qiyuan have launched a trial of battery swap electric haul truck technology at the Oyu Tolgoi copper mine in Mongolia. The trial is Rio Tinto's first use of battery swap electric haul trucks in surface mining operations. This is a major step towards developing the cost-effective technology an...
LONDON--(BUSINESS WIRE)--Rio Tinto today announces a number of Board changes. As we have previously reported, the size of the Board peaked at 14 Directors during a transitional period in which we retained the expertise and experience of longer-serving Directors as newer Directors familiarised themselves with the Group. Sam Laidlaw and Kaisa Hietala stepped down from the Board at the conclusion ...
Analysts at Citi have gamed out a potential asset swap between Rio Tinto Ltd (LSE:RIO, ASX:RIO, OTC:RTNTF) and its major shareholder Chinalco, claiming such a deal could be "a positive turning point" for the miner's investment case. Rio is exploring ways to exchange the Chinese state-owned group's $12.5 billion holding, Citi said, citing a report by Reuters, with the American bank's London-base...
Rio Tinto (RIO) is positioned as a solid buy, leveraging major investments in copper, aluminum, and lithium for future growth. RIO's growth projects—Simandou (iron ore), Oyu Tolgoi (copper), AP60 (aluminum), and Arcadium (lithium)—are expected to drive earnings and capital appreciation. The stock offers a compelling over 5% dividend yield, with a manageable debt profile and strong capital alloc...
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