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Rio Tinto to acquire Rincon Mining lithium project
LONDON--(BUSINESS WIRE)-- Rio Tinto has entered into a binding agreement to acquire the Rincon lithium project [1] in Argentina from Rincon Mining, a company owned by funds managed by the private equity group Sentient Equity Partners, for $825 million. The acquisition demonstrates Rio Tinto’s commitment to build its battery materials business and strengthen its portfolio for the global energy
Rio Tinto puts call out to WA manufacturers to build iron ore rail cars
PERTH, Australia--(BUSINESS WIRE)-- Rio Tinto has called for Expressions of Interest (EOI) from Western Australian manufacturers to build 100 rail cars for its Pilbara iron ore mining operations. The EOI callout follows Rio Tinto’s announcement in September it would look for opportunities for Western Australian suppliers to help grow the local rail car manufacturing industry and support local
Dominic Barton to succeed Simon Thompson as Chair
MELBOURNE--(BUSINESS WIRE)-- The Board of Rio Tinto has selected Dominic Barton to succeed Simon Thompson as the company’s new Chair. Dominic will join the Board with effect from 4 April, 2022 and be appointed to the role of Chair at the conclusion of the Rio Tinto Limited annual general meeting on 5 May 2022. Simon Thompson will step down as a non-executive director of Rio Tinto and as Chair



