at the very Core of it all … is Content!
13 March 2014 Rio Tinto today launched a new phase of its industry-leading Mine of the Future™ technology and innovation programme that is driving greater value by optimising the performance of key international copper and coal operations. The Processing Excellence Centre (PEC) in Brisbane, Australia is a world-first, state-of-the-art facility that enhances monitoring and operational …
Anne Lauvergeon and Simon Thompson will join the boards of Rio Tinto plc and Rio Tinto Limited as non-executive directors and both will become members of the Sustainability and Nominations Committees. Anne Lauvergeon’s appointment will take effect from 15 March 2014. She has over 30 years’ experience across a number of fields. She started her career …
05 March, 2014 Rio Tinto has announced its first rough diamonds tender for 2014 to be held in Israel and Antwerp from 9 March to the 28 March. Comprising 124 lots of rough diamonds from its Argyle (Australian), Diavik (Canadian) and Murowa (Zimbabwean) mines, the tender showcases a unique combination of white and fancy coloured …
Rio Tinto chief executive Sam Walsh said “These strong results reflect the progress we are making to transform our business and demonstrate how we are fulfilling our commitments to improve performance, strengthen the balance sheet and deliver greater value for shareholders. We have achieved underlying earnings of $10.2 billion, exceeded our cost reduction targets and …
Rio Tinto has entered into an option agreement with LNG Canada, a joint venture comprising Shell Canada Energy, Phoenix Energy Holdings Limited (an affiliate of Petro-China Investment (Hong Kong) Limited), Kogas Canada LNG Ltd. (an affiliate of Korea Gas Corporation) and Diamond LNG Canada Ltd. (an affiliate of Mitsubishi Corporation) to acquire or lease a …
03 February, 2014 Rio Tinto today highlighted its ongoing commitment to improving community health in India with a donation to fund a new ward in the Chhatarpur district hospital in Madhya Pradesh, home to Rio Tinto’s developing Bunder project. A contribution of Rs.30 lakh (US$50,000) was handed over to the Honourable Collector, Mr Masood Akhtar, by the Bunder …
28 January, 2014 Rio Tinto has announced a significant new partnership aimed at protecting India’s critically endangered vulture species and maintaining the biodiversity of the Madhya Pradesh region of India. In the first partnership of its kind in the mining industry in India, Rio Tinto has signed a Memorandum of Agreement with the Bombay Natural …
Rio Tinto chief executive Sam Walsh said “These are excellent fourth quarter operational results, demonstrating continued delivery on our commitments. We have set new records for iron ore production and shipments as we ramp up our 290 expansion, as well as achieving an impressive recovery in copper volumes and record annual production for both bauxite …
Rio Tinto has acquired 510,983,220 common shares of Turquoise Hill under Turquoise Hill’s rights offering at a total cost of C$1,292,787,546.60 or C$2.53 per share. The purchase represents approximately 50.8 per cent of the common shares offered under the rights offering. The rights offering, which closed today, was fully subscribed. As noted below, Turquoise Hill …
Rio Tinto has appointed Greg Lilleyman as the new group executive, Technology & Innovation (T&I) following the retirement of Preston Chiaro at the end of March 2014. Greg’s appointment is effective from 1 January 2014. Preston Chiaro joined Rio Tinto in 1991 as vice president, Technical Services, at Kennecott Utah Copper’s Bingham Canyon mine. Since …