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Rio tinto News

Apple teams with Alcoa and Rio Tinto in green aluminum smelting

Saguenay - On Friday, Technology giant Apple announced a new partnership with Alcoa Corporation and Rio Tinto Aluminium to accelerate commercialization of a patented technology that eliminates all greenhouse gas emissions from the smelting process of aluminum.

Mining giant Rio Tinto using driverless trucks at its mines

Two mines in Western Australia have become the first in the world to start moving all of their iron ore using driverless trucks.

Congress gives sacred Native American land to mining company

San Carlos - Attached to the 2015 defense spending bill approved by the United States Senate on Friday is a provision giving sacred Native American land to a foreign mining company partnered with the government of Iran.

Rio Tinto executive pleads guilty to bribery

On the first day of his trial, after much tear jerking from the Australian media and government, Rio Tinto executive Stern Hu has reportedly pleaded guilty to charges of bribery according to Reuters/AP/Bloomberg.

Rio Tinto Slashes 14,000 Jobs

Rio Tinto, the world's third largest mining company, has announced it's eliminating 14,000 jobs as part of its plan to lower its debt.

Op-Ed: BHP drops bid for Rio Tinto, drops pants on financial credibility

Hilarious for some, expensive for others. Mining giant BHP has just trashed itself with its revelations about spending $450 million on consultants of various types on the aborted bid for Rio. There’s also a $150 billion fizzle involved.

Chinese buying into Rio Tinto: Shudders in the mining markets

China’s foreign investment is one of the most sensitive issues on global markets. China is accused of using “sovereign wealth funds” (state money in corporate form) to outbid competitors. This is their first big buy into a major mining company.
 

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