Rio Tinto Ltd (LSE:RIO, ASX:RIO, OTC:RTNTF) has outlined a more optimistic growth and capital expenditure outlook to 2030, with upgraded production guidance for key commodities and a commitment to shareholder returns, according to a note from Citi. Following the miner's Capital Markets Day, the American bank said Rio Tinto is now guiding for stronger volumes in copper, bauxite, aluminium and li...
PERTH, Australia--(BUSINESS WIRE)--Australia's first Cat® 793 XE Early Learner battery-electric haul trucks have arrived at BHP's Jimblebar iron ore mine in the Pilbara, marking the start of on-site testing, in collaboration with Rio Tinto, of Caterpillar's battery-electric heavy haulage technology in the region that powers the nation's economy. The two Early Learner trucks, delivered through a...
Gunnison Copper Corp (TSX:GCU, OTCQB:GCUMF) announced that Rio Tinto Ltd (LSE:RIO, ASX:RIO, OTC:RTNTF) has produced the first copper from the Johnson Camp mine in Arizona using its Nuton bioleaching technology, marking the initial commercial-scale output from the process. The first copper cathode was produced last month following more than three decades of research and development, according to...
Rio Tinto Ltd (LSE:RIO, ASX:RIO, OTC:RTNTF) has told investors it is entering a “new chapter”, promising tighter discipline, stronger productivity and a simpler structure as it seeks to deliver what it calls industry-leading returns. At its Capital Markets Day, the miner said it would streamline itself around three core businesses (iron ore, copper and aluminium and lithium) with a focus on saf...
Simon Trott also intends to scale back capital expenditures in the medium term to an expected less than $10 billion from 2028, compared to the $11 billion expected over 2025.
TUCSON, Arizona--(BUSINESS WIRE)--Rio Tinto has successfully produced the first copper from the Johnson Camp mine in Arizona using its Nuton® Technology, marking a pivotal step forward in the development of this innovative copper processing technology. After more than 30 years of research and development, the first copper cathode using Rio Tinto's proprietary bioleaching technology, which relie...
LONDON--(BUSINESS WIRE)--Rio Tinto will today outline its strategy to deliver industry leading returns by becoming stronger, sharper and simpler, at its 2025 Capital Markets Day. Chief Executive Simon Trott and members of the executive team will detail how Rio Tinto will unlock its full potential to become the most valued metals and mining business through a strategy that starts with having the...
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