Rio Tinto Tag

Copper producers around the world have moved to halt or cut back operations and slow construction projects of the bellwether metal as the global COVID-19 (coronavirus) outbreak continues. In South America, where the bulk of the world’s copper is produced, several mining giants have announced various...

Fortescue Metals Group is one of a host of Australian mining companies to have made donations to relief agencies fighting the intense bushfires that continue to burn across large swathes of the country. The iron ore miner pledged AUS$1 million to the Minderoo Foundation Fire Fund, while its founder and...

BHP has become the latest mining giant to consider exiting thermal coal as climate change pressure from investors and activists continues to push companies away from polluting fossil fuels. According to unnamed sources familiar with the matter, BHP is looking at options to divest its thermal...

Rio Tinto and several of its large diversified rivals managed to further increase profit margins and cash flows during the 2018 financial year, according to a recent Fitch Solutions report. The report outlined how improved financial performances were a result of miners streamlining their operations, cutting...

Anglo American and Rio Tinto have become founding donors to the World Bank’s Climate-Smart Mining initiative – the first ever fund dedicated to making mining a more sustainable practice. The World Bank said the facility will focus on helping resource-rich developing countries benefit from increasing global...