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The Latest Breaking News from Rio Tinto

‘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.

The New Daily

Rio Tinto agrees to pay additional $613m to settle dispute with Australian tax office

Deal over mining giant’s financing arrangements and marketing hubs in Singapore is one of ATO’s biggest ever tax settlements

The Guardian - AU

Chinese consortium puts workers on forced leave after Guinea halts Simandou

Chinese-led Winning Consortium Simandou (WCS) has put workers on forced leave with the prospect of layoffs if a dispute with Guinea's government over infrastructure for a massive iron project is not resolved, three sources told Reuters.

Reuters

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Copper price at lowest level since 2020 as fears over global economy grow

Fall comes amid concerns that soaring inflation will curb spending by large manufacturers

The Guardian - UK

NASA's inaugural Northern Territory mission is over, but hopes for a space industry boom remain

Three rockets fired from the remote Northern Territory have signalled a new hope for a region in need of economic diversity — that the space industry could help launch them into the future.

ABC News

Jim Cramer Recommends This Mining Company And 5 Other Stocks

On CNBC’s "Mad Money Lightning Round," Jim Cramer said AT&T Inc (NYSE: T) is a "distinct hold. If it were $18, it’s a buy. If it was $23, it’s a sell."

Benzinga

Ominous Death Cross Forms On Rio Tinto's Chart

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

Benzinga

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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.

StockNews.com

Culture of fear stops women reporting sexual assault, harassment on West Australian mine sites

Insiders say a culture of fear, silence and repression allowed inexcusable behaviour to be "swept under the rug" in the mining industry, and those factors are continuing to prevent women speaking out.

ABC News

‘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.

Bangkok Post

Inquiry into sexual assaults and harassment in WA's FIFO industry urges reporting overhaul, training

"Shocking" stories of sex assaults, harassment and targeted violence are detailed in a scathing parliamentary report into WA's fly-in, fly-out industry, with women subjected to an "appalling range of behaviours".

ABC News

What is Australia doing about sexual harassment in mining camps?

Australia will release on Thursday a state government report on sexual harassment in the country's mineral-rich west after more than a year of investigations, as the sector tries to fix a culture of sexism and bullying.

Reuters

Heavy industries in Australia’s regions could cut emissions by 80% and create a jobs bonanza, report says

Business leaders and decarbonisation experts say a high level of collaboration and coordination is needed for transition

The Guardian - AU

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.

Reuters

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ABC News

Healing a scarred land

On the doorstep of one of Australia's most treasured natural wonders, billions are about to be spent on a high risk operation to try to transform a wasteland into a national park.

The Canberra Times

'Better than the blue tick': All the Canberrans on Russia's banned list

There are an estimated 44 Canberrans banned from Russia.

The New Daily

Blackout threat to millions as power shortage looms

Millions of Australians in the country's east face the potential of blackouts on Monday night, amid surging demand.

AAP

Wind, solar to power Rio Tinto aluminium

New wind and solar farms will be used to power Rio Tinto's aluminium assets in the Gladstone region, as the mining giant looks to halve emissions by 2030.

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AAP

Russian giant sues Rio over Qld refinery

Russian companies have filed papers in the Federal Court arguing Queensland Alumina Limited had no right to cut them out of the business because of sanctions.

The Guardian - AU

Subsidiary of Russian company sues Rio Tinto for cutting it out of Queensland alumina operation

Australia’s sanctions on oligarch Oleg Deripaska led to Rio Tinto taking responsibility for Gladstone refinery from Rusal subsidiary

The Conversation

Tapping mineral wealth in mining waste could offset damage from new green economy mines

To go green, the world will need vast quantities of critical minerals such as manganese, lithium, cobalt and rare earth elements. But to some environmentalists, mining to save the planet is a hard pill to swallow if it leads to damage to pristine areas.

ABC News

Labor, Greens look set to push businesses to adopt tougher emission targets

The future of Australia's biggest emitters looks uncertain under the new Labor government, with the Greens and climate change-focused independents set to have a loud voice in parliament.

Reuters

Rio Tinto's Madagascar mine restarts after reaching deal with protesters

Rio Tinto's QIT Madagascar Minerals (QMM) mineral sands mine restarted production on Monday following a five-day halt, after reaching an agreement with demonstrators who had set up roadblocks at the site, Rio told Reuters on Tuesday.

Newsroom.co.nz

Tiwai smelter uncertainty 'not good for NZ', says energy minister

The Government will play a key role in incentivising new renewable generation and breaking gentailers' grip on the electricity market.

The Independent UK

Mining companies back away from Brazil's Indigenous areas

Some of the world’s biggest mining companies have withdrawn requests to research and extract minerals on Indigenous land in Brazil’s Amazon rainforest, and repudiated Brazilian President Jair Bolsonaro’s efforts to legalize mining activity in the areas

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