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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On 20 th January 2021, the Global Mineral Recovery Company (GMR) publicised this morning the commissioning of its commercial demonstration unit for the recovery of bauxite residues on the site of Rio Tinto’s Vaudreuil Alumina plant. The $ 9 million project was initiated in 2017. The US-based...
The United States’ Michelob ULTRA will roll out low-carbon aluminium cans over coming months. The company will distribute more than 2.5 million cans through a partnership between Anheuser-Busch and Rio Tinto. In October 2020, Rio Tinto and Anheuser-Busch InBev (AB InBev) formed a global partnership...
Rio Tinto, the world's second-largest metals and mining corporation, has reported its full-year and the fourth quarter production results of 2020, revealing that bauxite output in Q4 2020 stood at 13.3 million tonnes. That was up by 12 per cent per cent quarter-on-quarter. Full-year production was...
Rio Tinto has announced the construction of new scandium oxide plant at its Rio Tinto Fer et Titane (RTFT) metallurgical complex in Sorel-Tracy, Quebec. The company is set to the first producer of high-quality scandium oxide in North America. The commercial supply is likely to start in the second...
On Wednesday, January 13, Rio Tinto announced that it entered a new agreement with Meridian Energy for electricity supply that would allow New Zealand’s Aluminium Smelter (NZAS) to continue operating at the Tiwai Point aluminium smelter. The agreement is valid till December 31, 2024, meaning a...
Rio Tinto, the industry leader in responsible aluminium production, with operations in Canada which runs on 100% renewable hydropower, is investing US $8.4 million to expand the recycling capacity of its aluminium operations in Saguenay- Lac-Saint-Jean, Quebec, to offer rolled product customers in...
The Anglo-Australian multinational and the world's second-largest metals and mining corporation, Rio Tinto has appointed Jakob Stausholm as chief executive, effective 1 January 2021. In 2018, Mr Stausholm joined Rio Tinto as an Executive Director and Chief Financial Officer and since then he has...
The Canadian Technology company, ELYSIS, that has been delivering disruptive innovation for aluminium smelting is now a step closer towards commercialization of a process to produce carbon-free aluminium and it has reached another significant milestone with the accomplishment of construction of the...
Rio Tinto on December 8 presented the “Clean Growth Forum – Toward a low-carbon future” under the UK in JAPAN campaign. The forum was held for a discussion on the global climate challenge. Representatives of the public and private sectors of the U.K. and Japan gave their insightful thought on how...
According to a statement by a contactor associated with Tiwai Point Aluminium Smelter, all non-essential services will soon be withdrawn from the Southland plant. The contractor even said, on a condition of anonymity, that the New Zealand Aluminium Smelter staff held a meeting with some suppliers...
The Chairman of GFG Alliance, Sanjeev Gupta has expressed doubts over the fate of his French aluminium smelter, as he eyes to acquire German giant Thyssenkrupp. The Indian born British businessman has been in the headlines over the past few years, due to his stream of acquisitions of exhausted...
Monadelphous Group Limited, a leading Australian engineering group providing construction, maintenance and industrial services, has been awarded new construction and maintenance contracts by both Rio Tinto and BHP in the resources sector. The contract has a combined value of approximately $60...
Rio Tinto is presenting a new family of unique aluminium alloys designed to entitle North American die-casters to enlarge their use of recycled content in the production of automotive parts, delivering improvements on both environmental footprint and production costs. The high-quality alloy series...
Mediacorp Canada Inc., the nation's largest publisher of quality employment periodicals, reaching over 15 million Canadians each year has published ranking in the Globe and Mail on 13 th November’20, where Rio Tinto was selected among the top 100 employers in the country. The publisher’s editors...
Ultromex, supplier of vital technologies to the aluminium smelting industry in dealing with its production wastes has signed a major deal with Rio Tinto to remediate a salt slag landfill site in Europe. Ultromex introduces SALTROMEX, a patented plant & technology enabling aluminium smelters to...
Rio Tinto shows distress about the extent of the second wave of the pandemic in Saguenay-Lac-Saint-Jean and its impacts on its factories, while the “sudden” upturn in demand since this summer is forcing it currently refusing orders. Fredéric Campagna, General Manager of global commercial operations...
Rio Tinto, the world’s second-largest miner, is reportedly investing $51 million in upgrading facilities at its Vaudreuil alumina refinery in Quebec, Canada. According to the report, three new energy efficient buildings are under construction. Besides, existing facilities will be revamped with a...
Rio Tinto’s indefinite closure of aluminium alloy ingot plant in Beauharnois, Quebec, has been considered as an unexpected on workers and their Unifor Union, Canada's largest private-sector union, with over 300,000 members in a diverse range of sectors, across the country. On 26 th October’20,...
