Business

Rio Tinto

Rio Tinto, Chinalco hook up for Africa venture

Mining giants bury the hatchet to develop the Simandou iron ore reserve in West Africa.

Rio Tinto takes stake in Ivanhoe Mines

Mining giant Rio Tinto Ltd will acquire 15 million shares in Ivanhoe Mines Ltd, increasing its stake in the company to 22.4 per cent.

Rio Tinto ups stake in Ivanhoe Mines

Mathew Murphy Mining giant Rio Tinto will acquire 15 million shares in Ivanhoe Mines Ltd, increasing its stake in the company to 22.4 per cent.

Rio Tinto ups its interest in Canadian miner Ivanhoe

Mathew Murphy Global miner Rio Tinto gives Mongolian Oyu Tolgoi copper-gold project in Mongolia a ringing endorsement.

Rio Tinto completes Alcan sale

Rio Tinto Ltd says its divestments have reached the $US10 billion mark with the completion of the Alcan Packaging Food Americas sale.

Fitch upgrades Rio Tinto rating to A-

Fitch Ratings has upgraded Rio Tinto's long term credit rating after the global miner reduced debt and on expectations that China will keep buying commodities.

Rio Tinto concerned over possible tax changes

Global miner Rio Tinto Ltd has joined BHP Billiton Ltd in issuing caution over planned tax changes in Australia.

Rio Tinto profit up 33% on ore sales

Mining giant Rio Tinto Ltd says its net profit for 2009 rose 33 per cent with record iron ore sales and a significant increase in copper and gold production.

Rio Tinto concerned at charge against Hu

Rio Tinto Ltd says it is "very concerned" about the nature of the charges brought against detained employee Stern Hu and three other workers in China.

Rio Tinto's dependence on China hits new high

Rio Tinto has never been so dependent on China as the country prepares to prosecute four of its employees for bribery.

Rio Tinto shares up after earnings data

Shares in miner Rio Tinto Ltd jumped in early trade, after releasing better than expected annual earnings figures.

Rio Tinto replaces non-exec directors

Rio says Ann Godbehere and Robert Brown would become non-executive directors of the boards of both entities, replacing Sir David Clementi and David Mayhew.

Rio Tinto appoints new China manager

Rio Tinto looks to be trying to patch up its rocky relationship with China, appointing a new managing director of operations in the country.

Rio Tinto sells 80% stake in Ghana unit

Rio Tinto Alcan has announced the sale of its controlling stake in the Ghana Bauxite Company to Chinese firm Bosai for an undisclosed amount.

Rio Tinto posts record ore output

Mining

Rio Tinto beat its own forecast for iron ore output in the fourth quarter, reflecting surging demand from Chinese steel-makers and putting producers in a strong position for price talks.

Rio Tinto exceeds iron ore expectations

Rio Tinto Ltd has reported a big jump in fourth quarter global iron ore production and set a new record in sales of the bulk commodity for the period.

Boom Logistics wins Rio Tinto contract

Boom Logistics has secured a three-year contract to supply cranes and associated services to Rio Tinto's iron ore operations in Western Australia.

Rio Tinto hails production milestone

Rio Tinto Ltd's Yandicoogina iron ore mine has produced more than 50 million tonnes per annum for the first time.

Cyclone not affecting Rio Tinto ops

Mining giant Rio Tinto Ltd says tropical cyclone Laurence has not had any impact on its operations in Western Australia.

Rio Tinto accepts Amcor offer for Alcan Packaging divisions

Mining giant Rio Tinto has formally accepted the $US2.025 billion ($A2.31 billion) offer by Amcor for some of the Alcan Packaging businesses.