at the very Core of it all … is Content!
Rio Tinto has today committed an additional $2.5 billion to its ongoing share buy-back programme, returning the proceeds of the sale of Coal & Allied to its shareholders. The capital return programme will be executed through a combination of an off-market buy-back tender, targeting A$700 million (approximately $560 million) of Rio Tinto Limited shares, with …
Rio Tinto has completed the sale of its wholly-owned subsidiary Coal & Allied Industries Limited to Yancoal Australia Limited. From today, Yancoal takes over management of Rio Tinto’s thermal coal business in the Hunter Valley region of New South Wales. Rio Tinto will receive total consideration of $2.69 billion for the sale, together with customary …
New Delhi, 11 August 2017 The benefits of entrenching a safety culture in the workplace were shared among Indian businesses today at a workshop hosted by Rio Tinto. More than 30 Rio Tinto suppliers and partners drawn from the goods and services sectors across India attended the event in Delhi to underscore the …
Rio Tinto’s famed champagne and cognac diamonds from its Argyle diamond mine have been showcased in a signature piece of jewellery in New York, in celebration of their unique Australian provenance and the diamond ties that bind Australia and the US. The Origins of Argyle statement necklace features more than 45 carats of cascading champagne …
Rio Tinto has unveiled the largest Fancy Red diamond in the history of its Argyle Pink Diamonds Tender, during a world exclusive preview in New York. The 2.11 carat polished radiant cut diamond, known as The Argyle Everglow™, is the dazzling centrepiece of the 2017 Argyle Pink Diamonds Tender – an annual showcase of the …
Rio Tinto has signed a Memorandum of Understanding (MOU) with the Government of Serbia in respect to the implementation of the Jadar Project. The MOU will enable the formation of joint working groups between the government and the company to progress the Jadar Project through the study and permitting phases, as per the law. The …
Rio Tinto chief executive J-S Jacques said “This was a solid quarter for production, including record output at our bauxite operations. Iron ore production was in line with last year, although iron ore shipments were impacted by an acceleration in our rail maintenance programme following poor weather in the first quarter. We believe our focus …
26 June 2017 Rio Tinto confirms Yancoal as the preferred buyer of its thermal coal assets in Australia given high level of completion certainty and a further improved offer of $2.69 billion The Rio Tinto board today confirmed its recommendation that shareholders vote in favour of the sale of Rio Tinto’s wholly-owned subsidiary Coal & …
20 June 2017 The Rio Tinto board has reconfirmed its recommendation that shareholders vote in favour of the sale of its wholly-owned subsidiary Coal & Allied Industries Limited (“C&A”) to Yancoal Australia Limited (“Yancoal”). The recommendation follows consideration by the board of a counter proposal from Glencore plc (“Glencore”) and a proposal from Yancoal comprising …
8 June 2017 Rio Tinto has further strengthened its partnership with China’s State-owned Assets Supervision and Administration Commission (SASAC) by signing a Memorandum of Understanding (MOU) to develop executive training for Central State-owned Enterprise (Central SOE) leaders. SASAC is the governing body responsible for supervising and managing the country’s state-owned assets. The total assets value …