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The Latest Breaking News from Rio Tinto

Hancock lawyers attack rivals in high-stakes trial

Gina Rinehart's lawyers have attacked two rival mining dynasties' billion-dollar claims for iron ore riches in closing arguments at a high-stakes legal battle.

AAP

Rio Tinto on track to meet 2023 iron ore targets

Mining giant Rio Tinto says it remains on track to hit the upper half of its original forecast for 2023 iron ore shipments.

AAP

Is Rio Tinto (RIO) the #1 Industrial Metal Stock to Buy Right Now?

Prominent industrial metal producer Rio Tinto (RIO) expects to bolster its iron ore operations through a massive project in Guinea. Looking at the company’s venture into green minerals, should you invest in RIO now? Let’s look at its financial metrics to know more….

StockNews.com

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Rio, BHP warned of investor pressure on steel emissions

Australia's largest diversified miners are being urged to come clean on the greenhouse gas emissions pumped into the atmosphere by the world's steelmakers.

AAP

Energy giants fail on climate lobbying disclosures

Australian companies are lagging behind the US on disclosing their spending on political lobbying around climate change policy.

AAP

Fierce court battle for Hancock mining riches reignites

A court battle over iron ore riches has resumed, as billionaire Gina Rinehart defends her fortune amid a legal dispute over her mining pioneer father's legacy.

AAP

Yesterday, I was a No. Today, I’m a Yes. Here’s why

I feel compromised to write Yes — I’ll be voting with Rio Tinto. But I’m reluctantly writing Yes because I believe we can build power for transformative change beyond the referendum.

Crikey

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Traditional owners left to ‘pick up the pieces’ after sacred rock shelter damaged in Rio Tinto blast

Full extent of incident near Nammuldi iron ore mine in the Pilbara still unknown, Muntulgura Guruma representative says

The Guardian - AU

Should shareholders, directors and companies back the Voice?

While some big names are saying Yes, many of Australia’s top 300 companies have been overly cautious about stepping into the Voice to Parliament fray.

Crikey

Qantas, PwC, Rio Tinto, Crown, the banks — something is rotten in Australian business

Qantas now joins the long list of Australian companies that thought they were immune from the consequences of their contempt for the community. There are plenty of others.

Crikey

The week in review: will the no campaign have its own Homer Simpson moment? And Albo gets hi(-vis)

Not since ‘axe the tax’ and ‘stop the boats’ have we been blessed with messaging of the same cerebral depth as ‘if you don’t know, vote no’

The Guardian - AU

Albo’s full dance card in Perth, Fox tries to calm investors, and Marles’ changing tune

Fox and (another) complaint about misinformation, Bridget McKenzie has a lot of front on the Commonwealth Games, and Albanese makes friends.

Crikey

Albo’s Rio Tinto shirt ushers in a new era of political transparency. Hear, hear!

If you’re comfortable shaping the nation’s future around a company’s skyrocketing profits, then you should be happy to walk around with its logo carved into your forehead.

Crikey

‘Bureaucracies keep failing’: Rudd’s Apology co-writer says Albo should go concrete on Voice

Tim Dixon reckons it’s time for the PM to try to reach the ‘vast majority of people who are disengaged’ with politics.

Crikey

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The Guardian - UK

Serious Fraud Office drops 10-year corruption inquiry into Kazakh miner ENRC

UK agency also shuts other high-profile cases including Rio Tinto investigation

Crikey

Mark McGowan has been auditioning for his new mining job for six years

The former WA premier quit politics partly due to the strain of constant conflict, so it’s no surprise he’s headed to the resources sector, having kept conflict at a minimum with that industry.

The Conversation

Nearly two-thirds of the top fossil fuel producers in Australia and the world aren’t on track for 1.5℃ climate target

Rapid reductions in fossil fuel production and use are essential to limit global warming to 1.5℃ compared to pre-industrial levels. Our new research shows most of the world’s major coal, oil and gas companies are yet to make meaningful reductions.

The Guardian - AU

WA premier Roger Cook axes Aboriginal cultural heritage laws after outcry by landholders

Government apologises for new laws it says went too far and placed unnecessary burdens on everyday property owners

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Investors Business Daily

Dow Jones Flat, Nasdaq Falls As Fed Decision Looms; Microsoft Slides On These AI Comments

Microsoft fell early Wednesday on AI comments, while Google and Boeing were earnings winners. The Fed meeting decision is on tap this afternoon.

Investors Business Daily

Rio Tinto Earnings Fall 30% After China Stimulus Hopes Revive Mining Giants

Rio Tinto earnings fell in the first half of 2023. RIO stock and other mining stocks had flashed buy signals Tuesday on China stimulus bets.

Evening Standard

FTSE 100 Live: Shares jump and sterling lower as UK inflation falls to 7.9%

Shares have rallied after the UK’s annual inflation rate fell by more than expected to its lowest level since March 2022.

AAP

Rio Tinto optimistic on iron ore shipment guidance

Rio Tinto expects to hit the top end of its fiscal 2023 iron ore shipment guidance despite a train derailment disrupting operations in June.

Zenger

Copper’s Value To Soar As Energy Transition Accelerates, Says American Pacific Mining CEO

American Pacific Mining capitalizes on the growing demand for copper with major mining partners backing its high-grade projects.

The Guardian - AU

New Aboriginal cultural heritage laws in WA hope to take state from ‘wild west’ to a better way

Some say the overhaul of laws is a little ‘bittersweet’ and does not go far enough, but others claim it will ‘hold businesses to ransom’

Crikey

Peter Dutton continues to virtue signal on big business

The opposition leader has consistently said his party is estranged from big business. Is that true?

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