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The Latest Breaking News from Rio

Taxpayers are set to fund a compensation deal of up to $450 million for Gladstone Power Station owner Rio Tinto over the coal price cap in Queensland.

AAP

3 Commodity Stocks to Add to Your Watchlist for 2023

Inflation continues to remain significantly higher than the Fed’s target. Commodity stocks tend to provide a hedge against inflation. Thus, quality commodity stocks Rio Tinto (RIO), Vale (VALE), and Mosaic Company (MOS) could be worth adding to your watchlist for 2023. Keep reading….

StockNews.com

Tiwai Pt smelter owner looks to commission its own renewable power generation

Updated: A remorseful Rio Tinto promises to do better, after the mining and smelting company angered Southland, New Zealand and much of the world with its wanton disregard for local communities and the environment.

Newsroom.co.nz

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Rio to fund foundation for Juukan owners

Rio Tinto will provide funding for a foundation providing extensive benefits to the traditional owners of the destroyed Juukan Gorge rock shelters.

AAP

Rio Tinto reaches historic agreement with Juukan Gorge group

Global miner Rio Tinto Ltd has reached a restitution agreement with an Aboriginal group whose rock shelters in Western Australia it destroyed two years ago for an iron ore mine, the groups said on Monday.

Reuters

China's demand for Australian iron ore stalls, sending the price for our biggest earner spiralling

WA's iron ore miners are ramping up production with new mines, but with the commodity price falling, is it worth it?

ABC News

Check Out What Whales Are Doing With RIO

Someone with a lot of money to spend has taken a bullish stance on Rio Tinto (NYSE:RIO). And retail traders should know. We noticed this today when the big position showed up on publicly available options history that we track here at Benzinga.

Benzinga

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Rio says rail issues hit ore shipments

Mining giant Rio Tinto says two unplanned outages on its rail lines in the Pilbara means its full-year shipments will be at the lower end of expectations.

AAP

Drug dealer's dog bit schoolboy and left him scarred for life

Unsupervised American bulldog Rio escaped from back garden and also sunk its teeth into man's thigh

Liverpool Echo

‘Walk away’: traditional owners defend Kakadu against a new push from uranium miners

The resurrection of the push to tap into Jabiluka has pitted the Mirarr people and Rio Tinto against investors who trumpet uranium’s green credentials

The Guardian - AU

Directors of firm responsible for clean-up at Kakadu uranium site will resign amid fight with Rio Tinto

Miner wants Energy Resources Australia chair to resign after minority shareholders threw doubt over Ranger mine rehabilitation

The Guardian - AU

Kakadu uranium site clean-up in limbo amid calls to revive mine

Rio Tinto wants to fund rehabilitation but Ranger mine owner’s minority shareholders are pushing for further development

The Guardian - AU

Rio Tinto Whale Trades Spotted

Benzinga

New laws back Rio Tinto on Kakadu blowout

Rio Tinto can miss the clean-up deadline on the decades-old Ranger uranium mine in the heart of the Kakadu under new laws introduced to federal parliament.

AAP

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Birmingham Post

Tomahawk Steakhouse Group to grow to 25 venues this year as national roll out ramps up

The first opened in North Yorkshire five years ago and new venues are planned for Sunderland, Warrington, Knutsford amongst others

StockNews.com

3 Dividend Stocks to Buy With Yields Over 5%

The stock market has been under pressure amid soaring prices and widespread recession fears. Amid the volatile market scenario, buying dividend stocks BHP Group (BHP), Rio Tinto (RIO), and Lumen Technologies (LUMN), which yields over 5%, could be a wise strategy to ensure a stable income stream. Read on….

The New Daily

Michael Pascoe: The professional classes make billion-dollar tax rorts possible

An army of very highly paid lawyers and accountants are beavering away at ripping off the Commonwealth, writes Michael Pascoe.

Chronicle Live

Rio Brazilian Steakhouse announces when and where it is opening in Sunderland city centre

Tomahawk Steakhouses Ltd - who own Rio Brazilian Steakhouses across the North East - have confirmed that the new setup on Wearside will be up and running very soon.

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Evening Standard

Rio Tinto profits hit by commodity price tumble and rising costs

FTSE 100 company to pay out $4.3 billion in interim dividends, its second highest ever

The New Daily

‘Fleecing the public’: Labor puts corporate giants on notice as Rio Tinto coughs up $1 billion in tax

Corporate giants failing to pay their fair share of tax have been put on notice as Labor prepares to introduce a crackdown on multinational tax dodgers.

Benzinga

Chart Wars: Does Marathon Digital Or Riot Blockchain Have More Strength As Bitcoin, Ethereum Fall

Marathon Digital Holdings, Inc (NASDAQ: MARA) and Riot Blockchain, Inc (NASDAQ: RIOT) were plunging about 10% and 7%, respectively, on Wednesday, in exaggeration to Bitcoin (CRYPTO:

StockNews.com

Time To Buy This Metal Company Yielding 13%?

Rio Tinto (RIO) continues to invest in sustainable and growth projects to ensure stable shareholder returns. The company has a steady dividend growth history and a current dividend yield of 13%. So, is it worth buying the stock now? Let’s find out.

Bangkok Post

‘Horrific’ sexual abuses uncovered in Australia mining probe

A landmark inquiry into Australia’s mining sector has uncovered dozens of shocking cases of sexual harassment and abuse of women workers at companies including BHP Group and Rio Tinto Group.

Reuters

Guinea gives Simandou iron ore mine developers 14-day deadline

Partners in Guinea's Simandou iron ore mine have 14 days to finalise a joint venture, interim president Mamady Doumbouya said at a meeting with the miners, Rio Tinto and Chinese-backed Winning Consortium Simandou (WCS) on Friday.

StockNews.com

5 Top Mining Stocks to Buy in June

Rising commodity prices and soaring demand for metals and materials should drive the performance of mining companies. Moreover, the digitization of various mining operations should bode well for the industry. Therefore, fundamentally sound mining stocks Rio Tinto Group (RIO), BHP Group Limited (BHP), Glencore plc (GLNCY), Vale S.A. (VALE), and…

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