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The Latest Breaking News from Rio

Iron ore jacks up Rio Tinto's tax bill

Global miner Rio Tinto says it paid $US13.3 billion in taxes and royalties in 2021 across the countries it operates in.

AAP

Why Clean Energy Demand Will Keep Copper Prices High

Copper prices are currently hovering near all-time highs due to fears of supply disruptions and low stockpiles. As the world transitions towards clean energy, the demand for copper, a widely used metal in energy generation, is expected to keep surging, leading to a further increase in its prices. Fundamentally strong…

StockNews.com

Environmentalists slam proposal for former Rio Tinto executive to join uranium mine leadership

Chris Salisbury was one of three senior executives who stepped down after the destruction of a 46,000-year-old sacred site at Juukan Gorge. He has been named as the proposed chair of a $658m merger with the company developing WA's first uranium mine.

ABC News

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4 High-Yield Basic Materials Stocks to Own in 2022

Despite the escalating supply chain disruptions due to the Russia-Ukraine war, and the resurgence of COVID-19 cases in many countries, the expected economic recovery and infrastructure spending should drive the basic materials industry’s growth. Therefore, considering current market volatility, we think it could be wise to bet on high dividend-yielding…

StockNews.com

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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Rio Architects shows continued growth with 16 new appointments

The appointments include three internal promotions to the architectural firm’s management team

Birmingham Post

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

Mining Stocks: Teck Stock Shrugs Off Earnings Miss, Vale On Deck

Mining stocks, among the stock market's best groups lately, are in focus this week with earnings from Teck, Vale and Rio Tinto.

Investors Business Daily

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

The Guardian - AU

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.

Evening Standard

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.

AAP

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.

Newsroom.co.nz

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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

The Guardian - AU

Bullying, sexual harassment and racism rife at Rio Tinto, workplace review finds

Almost half of 10,000 survey respondents employed globally by mining company say they have been bullied amid ‘culture of silence’

ABC News

Female mine workers report sexual assault, harassment to independent Rio Tinto review

An independent review finds sexism and bullying is systemic across Rio Tinto's worksites, with more than 20 women reporting actual or attempted rape or sexual assault in the last five years.

ABC News

ASX takes $60 billion hit as as inflation surges, Omicron hits business confidence

The ASX slumps on the back of inflation rising more than expected, while US stocks stage a dramatic reversal after an earlier sell-off, and the prospect of higher US interest rates and a war between Russia and Ukraine spook investors.

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