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02 August 2022

Rio Tinto completes sale of Cortez Gold Royalty for $525 million in cash

LONDON--(BUSINESS WIRE)-- Rio Tinto has completed the sale of a royalty it holds on an area including the Cortez mine operational area and the Fourmile development project in Nevada (the “Cortez Complex”) to RG Royalties LLC, a direct wholly-owned subsidiary of Royal Gold Inc., for $525 million in cash. The Cortez Royalty is a 1.2%1 gross production royalty on (i) the Cortez gold mine that is

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28 July 2022

Rio Tinto commits A$75 million to renew Pilbara local government partnerships

PERTH--Rio Tinto will commit A$75 million across 10 years to renew its partnerships with the Shire of Ashburton and the City of Karratha to continue the delivery of a range of important community projects across the two regions. Previous Community Infrastructure and Services Partnership (CISP) agreements with both the Shire and the City had supported the funding and delivery of key infrastructure

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27 July 2022

Government of Guinea, Winning Consortium Simandou and Rio Tinto Simfer incorporate La Compagnie du TransGuinéen (CTG) to co-develop the rail and port infrastructure for the Simandou iron ore project

Joint venture company incorporated in line with Framework Agreement signed on March 25, 2022, to facilitate investment decisions for co-financing and co-development of Simandou project infrastructures Partners have committed to internationally recognised ESG standards MELBOURNE, Australia--(BUSINESS WIRE)-- The government of the Republic of Guinea, Winning Consortium Simandou (WCS) an

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    Iron ore
    Iron ore, one of the most abundant metals on Earth, is the primary raw material used to make steel.
  • Aluminium bicycles
    Lightweight and infinitely recyclable, aluminium is found in everything from jet engines to electric vehicles to mobile phones.
  • Low-carbon windfarm
    From the days of antiquity, copper has been used for its many benefits: tough but malleable, corrosion-resistant and recyclable, and an excellent conductor of heat and transmitter of electricity.
  • Orange slice being squeezed
    Deposited millions of years ago, borates are crystallised salts that contain boron, which is essential to plant growth, but it is also used in high tech applications.
  • Diavik rough diamonds
    Diamonds often mark our most unique and important moments, helping us to celebrate the best things in life.
  • Salt
    Salt is essential for human life. The majority of the salt we produce is used by the chemical industry, where it helps make materials like glass, paper, plastics, textiles and even soaps and detergents.
  • Titanium used in planes
    Titanium Dioxide
    Titanium dioxide is used in some of the world’s most challenging applications.