In return, Sumitomo Metal Mining will pay Rio Tinto up to $430.4 million for a 30% ownership stake in the project. This includes an upfront payment of $195 million, with the potential for up to an ...

Rio Tinto (ASX: RIO) expects to ship its first iron ore from the Simandou project in Guinea this November, Gerard Rheinberger, the company’s managing director for Simandou announced Monday.

Shares of Rio Tinto Group stock opened at $54.66 on Friday. The business has a 50-day moving average price of $61.82 and a two-hundred day moving average price of $62.81. Rio Tinto Group has a 1 ...

April 4 (Reuters) - An Australian mining union said on Friday iron ore giant Rio Tinto (RIO.AX), opens new tab agreed to amend its policies including flight delay compensation to benefit workers ...

Then Glencore said it is studying a move elsewhere. Now, Rio Tinto shareholders will decide whether to step up pressure on the mining giant to junk its decades-old dual listing in London and Sydney.

Rio Tinto has a supportive copper growth ahead, excluding M&A. China's economic activity started in 2025 with solid momentum. This will provide solid results on the iron ore EBITDA. A solid ...

Rio Tinto (ASX, LON, NYSE: RIO) has officially completed its $6.7 billion acquisition of Arcadium Lithium (ASX: LTM)(NYSE: ALTM), which will become Rio Tinto Lithium. The newly formed unit will ...

LONDON, March 06, 2025--(BUSINESS WIRE)--Rio Tinto has completed its acquisition of Arcadium Lithium plc ("Arcadium Lithium") (NYSE: ALTM) (ASX: LTM) for $6.7 billion, following the sanctioning of ...

Although Rio Tinto has been affected by lower iron ore demand from China, the world's second biggest miner managed to make robust progress on a number of projects in 2024. Mining giant Rio Tinto ...

The shares of diversified mining giant Rio Tinto (NYSE: RIO) has gained 5% year to date, outperforming the S&P500 index which has grown 3% during the same period. Rio Tinto is making a significant ...

Reports involving metals and mining giants BHP, Rio Tinto, Glencore, and Anglo American Plc leave no doubt that the massive multi-billion-dollar industry is on its way to consolidation in 2025.