What happens when the world’s biggest bauxite supplier produces too much of the one commodity it dominates? Guinea’s bauxite market is offering a striking answer. Record exports have strengthened its position in global trade, but the surge in supply has also pushed prices lower. Australia,...
Iron ore remains Rio Tinto's financial anchor, but growing exposure to aluminium, copper and lithium is changing how investors assess the diversified miner. Rio Tinto is attracting renewed attention among UK-listed metals and mining stocks as its expanding commodity mix creates a valuation picture...
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As we enter the third week of the new year in 2023, industry predictions have proven accurate, with the primary aluminium prices experiencing a continuous decline. Notably, the Shanghai Futures Exchange (SHFE) price has demonstrated better resilience compared to the London Metal Exchange (LME)...
The leading Anglo-Australian mining giant Rio Tinto, with a strategic move, is selling its Lake MacLeod salt and gypsum operations to Leichhardt Industrials Group for $251 million. The sale is an open avenue for Rio Tinto to boost its portfolio, aiming to amplify operational efficiencies at its...
Amid global challenges in waste management and resource conservation, these 13 companies are leading the way in transforming the aluminium recycling landscape. They are reshaping the industry and making significant contributions to a greener and more eco-friendly future. Novelis Inc.: As part of...
In a momentous celebration of a 150-year partnership between Rio Tinto and the Indian government, India's Post Office has issued a new 5 rupee stamp titled 'Rio Tinto 150.' This commemorative stamp, part of the 'My Stamp' series, signifies the enduring collaboration between the Anglo-Australian...
In the heart of the Simandou Mountains in southeastern Guinea, a monumental $20bn mining project is poised to reshape the world's metal and mining industry landscape. After a protracted 27-year journey marred by coups, legal battles, and strategic shifts, Rio Tinto, the UK-listed mining giant, is...
Japanese aluminium buyers have reportedly agreed to pay global producers a shipment premium of $90 per tonne over the LME benchmark price for the March quarter of 2024. The news came on December 28 after three sources directly involved in the pricing talks revealed. Compared to the current quarter...
In the aluminium industry, a CEO's role is crucial for a company's success. The CEO, widely known as the Chief Executive Officer, serves as the leader responsible for making vital decisions that impact the company's growth and profitability. In the aluminium sector, where technological advancements...
The global mining group Rio Tinto has named Martina Merz and Sharon Thorne non-executive directors. Martina Merz is set to become a Board member on February 1, 2024, and will subsequently be a candidate for election at the company's annual general meetings in 2024. Similarly, Sharon Thorne is...
China's Vice President Han Zheng met with Dominic Barton, head of mining conglomerate Rio Tinto, in Beijing. Following the meeting, Dominic Barton expressed that he is confident about China's economic development prospects and that it would continue its long-term plan there. Han said that China's...
In December 2023, Dominic Barton, Chairman of Rio Tinto Group, reportedly visited China and met Duan Xiandong, Chairman of China Aluminum Group, in Kunming to discuss sustainability, plans to deepen strategic cooperation, and healthy development of global mining. Dong Jianxiong, Vice General...
On December 7, the International Aluminium Institute (IAI), a global body that represents the world's leading producers of aluminium, announced a new initiative aimed at tracking and reporting on its member companies' progress in reducing greenhouse gas emissions. This move is being launched at the...
As part of the long-term global decarbonisation strategy, Rio Tinto has approved the construction of a new 12.4 MW solar farm and 8.8MVa/2.1MWh of battery storage for renewable energy supply to Amrun bauxite mine near Weipa in Queensland. This initiative also represents Rio Tinto's ongoing efforts...
Rio Tinto and Giampaolo Group have created the Matalco joint venture, aiming to meet the ever-growing demand from manufacturers for low-carbon materials. Combining the strengths of North America's largest primary and secondary aluminium producers, this partnership stands as an inspiration for the...
The end user segment has seen various exciting advancements this week. Graphene Manufacturing Group (GMG) and Rio Tinto partnered to advance the development of graphene aluminium-ion batteries for the mining and minerals industry. GMG's batteries are designed for heavy mobile equipment and grid...
The partnership between Graphene Manufacturing Group (GMG) and Rio Tinto, announced in May 2023, has set its sights on advancing the development of graphene aluminium-ion batteries, focusing on applications within the mining and minerals industry. "The world needs more batteries, and a lot of...
On November 15, 2023, the global mining and metal giant Rio Tinto dismissed the services of Ivan Vella with immediate effect, the former head of its aluminium division, according to an email sent to all employees by CEO Jakob Stausholm and as reported by Reuters. Rio Tinto had previously announced...
A recent study commissioned by New Zealand Aluminium Smelter (NZAS) indicates that the waters surrounding the Tiwai Point aluminium smelter pose minimal or no threat to both human health and marine life. NZAS is owned by Rio Tinto (80 per cent) and Sumitomo Chemical Company of Japan (20 per cent)....
The sustainability sector has witnessed a continuous boost in the last few months as the rising geopolitical and ergonomic crisis is taking its toll on the heavy metal industry. The need for green and renewable energy is aggressively increasing. Icelandic startup Carbfix has developed a...
