Rio Tinto plc Sponsored

Rio Tinto Plc engages in the exploration, mining, and processing of mineral resources. It operates through the following business segments: Iron Ore, Aluminium, Copper and Diamonds, Energy and Minerals, and Other Operations. The Iron Ore segment supplies global seaborne iron ore trade. The Aluminium segment produces bauxite, alumina and primary aluminum. The Copper and Diamonds segment offers gold, silver, molybdenum and other by-products. The Energy and Minerals includes businesses with products such as uranium, borates, salt and titanium dioxide feedstock together with coal operations. The Other Operations segment covers the the curtailed Gove alumina refinery and Rio Tinto Marine operations. Rio Tinto was founded in 1873 and is headquartered in London, the United Kingdom.

Rio Tinto Plc engages in the exploration, mining, and processing of mineral resources. It operates through the following business segments: Iron Ore, Aluminium, Copper, and Minerals. The Iron Ore segment supplies iron ore mining and salt and gypsum production. The Aluminium segment produces bauxite, alumina and primary aluminum. The Copper segment offers gold, silver, molybdenum and other by-products. The Minerals includes businesses with products such as uranium, borates, salt and titanium dioxide feedstock together with coal operations. The Other Operations segment covers the curtailed Gove alumina refinery and Rio Tinto Marine operations. The company was founded in 1873 and is headquartered in London, the United Kingdom.

CEO Jean-Sébastien Jacques has apologized at an Australian Senate enquiry for the destruction that was against the wishes of Aboriginal traditional owners, saying there was no doubt the company could have made better decisions.

Rio Tinto CEO and other top executives to step down after Australia cave blast review

MELBOURNE, Australia--(BUSINESS WIRE)--Following the publication on 24 August 2020 of the Board Review of Cultural Heritage Management (the Board Review), undertaken in response to the destruction of the Juukan rockshelters in May 2020, the Board of Rio Tinto has engaged extensively with shareholders, Traditional Owners, Indigenous leaders and other stakeholders. While there is general recognition of the transparency of the Board Review and support for the changes recommended, significant stake

Rio Tinto Executive Committee changes

Rio Tinto said on Friday its chief executive would step down in the wake of mounting dissatisfaction over the findings of an internal review into how the miner legally destroyed historically significant Aboriginal rockshelters.

Rio Tinto CEO to step down after Australia cave blast review

LONDON--(BUSINESS WIRE)--Rio Tinto and Turquoise Hill Resources agree funding plan for Oyu Tolgoi

Rio Tinto and Turquoise Hill Resources agree funding plan for Oyu Tolgoi

Turquoise Hill Resources

MONTREAL, Sept. 10, 2020 /PRNewswire/ - Turquoise Hill Resources Ltd.

Turquoise Hill announces an update on funding discussions with Rio Tinto

Investor pressure increases over mining company’s destruction of two 46,000-year-old caves at Juukan Gorge

Rio Tinto CEO's fate in balance as board to meet after blasting of Aboriginal site

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MELBOURNE, Australia--(BUSINESS WIRE)--Rio Tinto has provided additional information to the Australian Parliamentary Inquiry into the destruction of the rockshelters at the Juukan Gorge in the Pilbara region of Western Australia. The additional information relates to questions taken on notice when Rio Tinto provided evidence to the Inquiry Committee and additional questions received from the Committee.

Rio Tinto provides additional information to Parliamentary Inquiry on Juukan Gorge

Rio Tinto stock has seen a formidable rise of over 70% since late March (vs. over 55% for the S&P 500) to its current level of more than $60.

Rio Tinto Stock Overvalued After 70% Rise?

Rio Tinto has pledged to protect a 43,000-year old rock shelter on the fringe of its Silvergrass iron ore mine in Western Australia as it reviews heritage sites following outrage over the destruction of sacred ancient caves this year.

Exclusive: Rio vows to preserve ancient Australian rock shelter after outcry over caves blast

LONDON--(BUSINESS WIRE)--Rio Tinto notes Turquoise Hill Resources’ (TRQ) publication of its ‘2020 Oyu Tolgoi Technical Report’ (2020 OTTR) in relation to the Oyu Tolgoi (OT) project in Mongolia. The 2020 OTTR has been prepared and published by TRQ in compliance with their Canadian listing obligations (National Instrument 43-101 – Standards of Disclosure for Mineral Projects) and provides an update on scientific and technical information related to OT.

Rio Tinto notes TRQ update on Oyu Tolgoi

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MONTREAL, Canada--(BUSINESS WIRE)--Rio Tinto’s Kennecott site in the US is the first producer to be awarded the Copper Mark, the copper industry’s new independently assessed responsible production programme. The Kennecott operation in Utah has demonstrated it meets over 30 criteria for responsible environmental, social and governance practices.

Rio Tinto’s Kennecott operation the first to achieve The Copper Mark for responsible production

A leading UK local government pension group said on Tuesday it backed a decision by Rio Tinto to cut the bonuses of some leading executives after the Juukan Gorge mining incident as 'a proper and appropriate first step'.

UK local government pension group backs Rio Tinto CEO bonus cut

Rio Tinto said Monday it will cut the short-term bonuses of some senior executives but stopped short of leadership overhaul following review of the company’s destruction of two ancient caves in Australia. Chief Executive Jean-Sébastien Jacques and two other leaders will take financial penalties after the world’s biggest iron ore miner legally destroyed two historically.

Rio Tinto cutting executive bonuses after review of cave destruction in Australia

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Rio Tinto will cut the bonuses of three senior executives by a combined £3.8 million ($5 million) after the company blew up a 46,000-year old sacred indigenous site in Australia to expand an iron ore mine.

Rio Tinto execs lose bonuses but keep jobs after destruction of ancient aboriginal caves

In an announcement on Monday, Rio Tinto (LON: RIO) said its CEO and two senior executives will see financial penalties as it slashed their short-term bonuses. The company, however, refrained from leadership overhaul attributed to the review of Rio’s mine expansion in Western Australia that ruined two historically significant ancient caves.

Rio Tinto announces a £2.82 million cut on executive’s short-term bonuses

Rio Tinto said on Monday it will cut the short-term bonuses of its chief executive Jean-Sébastien Jacques and two other senior executives following a review of the company's destruction of two ancient caves in Australia.

Rio Tinto cuts CEO, executives' bonuses after caves blast review

MELBOURNE, Australia--(BUSINESS WIRE)--Rio Tinto today published the board review of cultural heritage management, following the destruction of the Juukan rockshelters in May 2020 (https://www.riotinto.com/news/inquiry-into-juukan-gorge). The review details what elements of Rio Tinto’s systems, decision-making processes and governance failed to work as they should have and sets out recommendations to prevent a similar incident occurring in the future.

Rio Tinto publishes board review of cultural heritage management

Rio Tinto is a great way to diversify income-oriented portfolios away from the traditional sectors.

News for Rio Tinto plc Sponsored Stock (RIO)