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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Theodore Levitt once said: ‘Creativity is thinking up new things, innovation is doing new things.’ As it relates to the electrification process of industrial vehicles, it’s a bit of both. The task is the same whether the vehicle uses a conventional diesel engine or an electric one, so you need...
Fast Forward Zero, a climate and sustainability company, has launched its services to help businesses transform into net zero, circular and inclusive operating models. Empowering business transformations with real climate impact, Fast Forward Zero will also help investors and other business leaders...
To ensure a sustainable and consistent supply of Rio Tinto's Responsible Aluminium products to Japanese downstream manufacturers, global miner Rio Tinto and Japanese trader and business conglomerate Marubeni Corporation have agreed to the first sale under the new strategic Collaboration Agreement....
Paramita Das is a global executive with extensive experience in the commodities segment (metal, oil and gas). She leads marketing for metals and minerals globally and the establishment of a more ESG-centric approach in the Atlantic region. Prior to her work in the marketing and development space,...
SIG has announced that from now on, it will only utilise ASI-certified aluminium to make its flagship packaging solutions eradicating production-based carbon emissions and acquiring extreme transparency within its supply chain. The company has emphasised using 100% ASI-certified aluminium to create...
Rio Tinto Group, the world’s second-largest metals and mining corporation, has published the operational results for the fourth quarter and full year of 2022 ended December 31. In the report, the company noted its aluminium production in Q4 amounted to 783,000 tonnes, witnessing an increase of 3...
Rio Tinto seemed quite pleased with the Albanese government’s fundamental emissions-reduction policy for supplying vital support to heavy industries since it was aware of the environmental impact that the high-carbon east-coastal alumina units were causing. Rio Tinto knows that its refineries and...
The Gladstone power plant enjoying subsidies has been a recurring cause of concern for the federal government’s coal price cap compensation talks with Queensland. According to sources, the central Queensland power plant proprietors, Rio Tinto and its partners, are about to accept US$450 million to...
This week, the global primary aluminium segment witnessed limited but significant events. To begin with, Norsk Hydro and the other two partners announced their planning's to construct an onshore wind farm along Norway's west coast for a price ranging from 3 and 4 billion Norwegian crowns ($304...
The global mining and metal giant Rio Tinto has announced the appointment of Kaisa Hietala as a non-executive director. A Finnish citizen, Kaisa Hietala, will join the Board on March 1, 2023. An experienced executive, Kaisa Hietala has a proven track record of assisting businesses in transforming...
The advent of the Paris Agreement in 2015 made it very clear to the energy-intensive industries of the world that it was high time to curb their carbon emissions. Factories and refineries were warned about the severe effects of carbon earlier, but with this agreement, the entire world came to...
The signing of the first agreement named Kuessilueu, which means "the wind is turning" in Nelueun, by Pekuakamiulnuatsh First Nation and Rio Tinto marks the beginning of a new era in their relationship. From a human, cultural, and economic standpoint, this agreement lays the groundwork for both...
According to a report on Wednesday, December 14, global aluminium producers have proposed premiums of $95-$105 per tonne to Japanese buyers for the metal shipments during the first quarter of 2023. That is 4 per cent less than the current quarter, whilst at the same time, 6 per cent higher, as...
Australia’s aluminium biggies reportedly support a federal plan to cap coal and gas prices to contain high energy bills, claiming energy-intensive industries are at risk until provided immediate price relief. The proposed price cap is $12 a gigajoule, which gas producers think will deter vital...
Sustainability, or the urge to shift towards a greener environment, has become the need of the hour. Top companies and individuals, including the aluminium sector, are leaving no page unturned to shift towards this greener industry. Aluminium, also known as green metal, is considered one of the...
Lightweight, strong, durable, and infinitely recyclable, aluminium is a sustainable metal of choice. As the world strives to achieve an energy-efficient future, aluminium continues to provide innovative solutions to businesses and consumers, offering the benefits of a circular economy to the...
Rio Tinto has sanctioned laying a second tunnel providing water to its hydroelectric generating station at Kemano, almost 75 kilometres southeast of Kitimat. This new 16km-long tunnel aligned via Mt. Dubose will open a second source of water for Rio Tinto's B.C. Works aluminium smelter in Kitimat....
At the investor seminar organised by Rio Tinto, the global mining and metal giant will be sharing the status of its long-term plan to strengthen the company, expand in a decarbonising world, and continue to provide shareholders with competitive returns. Executives will also discuss ongoing...
