LONDON--(BUSINESS WIRE)--Rio Tinto today announced that Chief Executive Jakob Stausholm will step down from the Group later this year, at the conclusion of a succession process. Jakob joined Rio ...

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.

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 and Sumitomo Metal Mining have finalized a joint venture for the Winu copper-gold project in Western Australia. Sumitomo will pay Rio Tinto up to $430.4 million for a 30% stake ...

On May 22, Rio Tinto Group (NYSE:RIO) announced that CEO Jakob Stausholm will be leaving his position later this year. This transition will happen as the mining giant pushes forward with ...

The chief executive of British-Australian firm Rio Tinto will step down this year once a replacement is found, the mining giant said Thursday in a statement. Jakob Stausholm took the reins at Rio ...

SANTIAGO, Chile--(BUSINESS WIRE)--Rio Tinto and Corporación Nacional Del Cobre de Chile ("Codelco") have signed binding agreements to form a joint venture to develop and operate a high-grade ...

PERTH, Australia, May 12, 2025--(BUSINESS WIRE)--Rio Tinto and Sumitomo Metal Mining Co (SMM) have signed the final joint venture agreements to deliver the Winu copper-gold project, located in the ...

Rio Tinto Group plans to spend as much as $1.2 billion by 2032 to modernize its 99-year-old power plant in Quebec, despite tariffs implemented by the Trump administration on Canadian imports of ...

Rio Tinto also began expanding its aluminum smelter in Saguenay, Quebec, in 2023 with the installation of 96 new pots using so-called AP60 low-carbon smelting technology at a cost of $1.1 billion.

TOKYO -- An executive at global mining giant Rio Tinto has cast doubt on whether U.S. President Donald Trump's tariff policies will repatriate production of aluminum, a metal deemed strategically ...