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The Latest Breaking News from Rio Tinto

Australia sanctions Russian billionaires with mining industry links

Australia imposed sanctions on Friday on two Russian oligarchs with links to its mining industry, one of them a billionaire with an investment connection to Rio Tinto's Gladstone alumina refinery joint venture.

Reuters

Government sanctions oversight protecting oligarchs’ Queensland interests

Russian mineral magnates Oleg Deripaska and Viktor Vekselberg have been conspicuously absent from Australia’s sanctions regime.

The New Daily

Putin-linked Russian oligarchs with Australian assets escape Morrison government sanctions

Transparency advocates ‘can’t make sense’ of decision to exclude resource industry figures from sanctions

The Guardian - AU

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read the most diverse news in one place.

Why Turquoise Hill Resources Stock Is Rising Today

Turquoise Hill Resources Ltd (NYSE: TRQ) is trading higher Monday after Rio Tinto PLC (NYSE: RIO) proposed to acquire the company for CAD$34 ($26.66) per share in cash.

Benzinga

Rio Tinto in $2.7 billion bid for full control of ‘one of world’s largest’ copper mines

The Anglo-Australian firm is hoping to take full ownership of its major copper mine project in Mongolia by buying out Canadian partner Turquoise Hill.

Evening Standard

Rio Tinto to sever ties with Russian businesses over Ukraine war

Mining giant’s decision follows other big names exiting Russia and casts doubt over Queensland Alumina Ltd joint venture

The Guardian - AU

Morrison says Qld premier ‘consulted’ on emergency; Rio Tinto ditching Russia; 21 Covid deaths – As it happened

All the day’s news as it unfolded

The Guardian - AU

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Ukraine-Russia war updates: US House votes to ban Russian oil as Ukraine wakes to third week of war — as it happened

The US lower house overwhelmingly approves legislation that would ban Russian oil imports to the United States.

ABC News

A Bullish Sign Appears On Rio Tinto's Chart

If history is any guide, there may be good fortune ahead for shares of Rio Tinto (NYSE:RIO). A so-called "golden cross" has formed on its chart and, not surprisingly, this could be bullish for the stock.

Benzinga

Rio didn't tell investors of coal failings

Rio Tinto has been fined for failing to tell investors that some coal operations were no longer viable, while former executives were spared.

AAP

Oil surges, pushing up Santos, Paladin and Woodside as ASX falls sharply

The Australian share market fell sharply on Monday amid a surge in oil prices as the war in Ukraine continues to rock commodity and equity markets.

ABC News

Australian companies are divesting from Russia, but some links to oligarchs remain

Ethical investors are calling on Rio Tinto, Origin Energy and other entities to join the list of Australian comnpanies divesting from Russia.

The New Daily

Origin Energy and Rio Tinto urged to review joint ventures with Russian oligarchs

Ukraine invasion prompts calls for Australian companies to ensure resources profits do not end up with Putin-linked investors

The Guardian - AU

Serbia: The lithium mine sowing deep discord

Discovered in Serbia's Jadar region, jadarite might be considered miraculous – at least by the Serbian government and the Rio Tinto mining group. They view this lithium derivative as an ideal raw material source for electric car batteries. But activists say it destroys ecosystems and causes severe illnesses. After months…

France 24

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The Guardian - AU

Prospect of sanctions hits Russian part-owner of Queensland alumina refinery

Rusal’s share price dives as Ukraine tensions escalate, with co-owner Rio Tinto warning of likely disruption to aluminium industry

Evening Standard

Commodities boom fuels record £12 billion payday for FTSE 100 miner Rio Tinto

Sky-high iron ore prices have enabled Rio Tinto to deliver one of the largest annual dividends in UK corporate history.

AAP

Rio Tinto posts record full-year profit

Mining giant Rio Tinto expects its Pilbara iron ore costs to increase due to labour shortages in Western Australia, having posted a record full-year profit.

Evening Standard

FTSE 100 Live: Rio Tinto pays record dividend as Barclays returns £2.5 billion, oil price steady

Rio Tinto today declared a record dividend worth $16.8 billion (£12bn) as City investors get a slice of 2021's commodity price boom.

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Evening Standard

City comment: Don’t make profits a dirty word in the Covid recovery

What do oil companies, car dealers and Rio Tinto have in common? They are all making money hand over fist and catching flak for it.

The New Daily

Alan Kohler: Business leaders must lead in the empowerment of women

The case of former Victorian judge Peter Vickery is a warning to leaders of every organisation they should commission a report into their workplace culture

StockNews.com

Infrastructure in 2022: The Complete Investors Guide

Improving America’s infrastructure is one rare area of bipartisan agreement. According to Gallup, 68% of Americans expressed support for infrastructure spending. The Infrastructure Jobs and Investment Act was passed at the end of last year and will benefit stocks like Rio Tinto (RIO), Cummins (CMI), ArcelorMittal (MT), Eaton (ETN), and…

ABC News

Western Australia's big miners step up measures to keep COVID-19 out of their workforces

Western Australia's iron ore miners are doing all they can to prevent COVID-19 infiltrating their workforces.

Newsroom.co.nz

Tiwai smelter's 'will they, won't they dance' grates on Government

By raising the possibility of staying past 2024, Rio Tinto has thrown a wrench of uncertainty into decarbonisation pathways and power company construction plans.

The Guardian - AU

WA holds the key to Australia’s emissions goals. Can a government so committed to gas deliver?

Environmentalists fear premier could legislate away regulations and undo progress toward net zero at the stroke of a pen

The Guardian - AU

‘Absolutely confronting’: the sickening stories of sexual harassment of women in mining

Rio Tinto investigation reveals rape, bullying and racism is rife in its workforce – but WA inquiry suggests it’s far from alone

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