News Articles for Rio Tinto

SPECIAL REPORT: Acquisitions and pricing discounts are shaking up the rankings of WA's main iron ore exporters.

SPECIAL REPORT: Gold Corporation, Alcoa, Roy Hill and Chevron have all posted higher revenue numbers in Business News' annual analysis of WA's biggest exporters.

As the key commodity soars on healthy demand in Asia, big Australian companies may be rueing decisions to offload valuable coalmining assets in the face of intense opposition.

Big miner Rio Tinto said its third-quarter iron ore shipments have fallen about five per cent, hurt by planned maintenance and safety pauses across all operations following a fatality.

Rio Tinto and Hancock Prospecting have today opened a new mining pit that will help sustain production volumes at their jointly owned Hope Downs operation in the Pilbara.

Mining contractor Macmahon Holdings has agreed to pay a $6.7 million settlement for a class action related to cost overruns at a construction project in 2012.

Rio Tinto and its joint venture partners have given the green light to invest $2.1 billion across two iron ore projects that will employ 1,200 people in the Pilbara.

Henderson-based Civmec will start a maintenance services contract with iron ore miner Roy Hill Holdings next month, building on work it is undertaking for major players Rio Tinto, Alcoa of Australia and Fortescue Metals Group.

ASX-listed Volt Power Group has suffered a major setback after BHP suspended its long-runing service relationship with wholly-owned subsidiary Wescone Distribution, less than a year after Volt bought Wescone.

Jobs growth at Perth Airport was three times that of the CBD between 2011 and 2016 as property development in the area expands.

Iron ore shipments to China from Port Hedland rose nearly 10 per cent in August from a month earlier.

The state government has formally commenced seeking a UNESCO World Heritage listing of the Burrup Peninsula, which is home to some of WA's largest industrial facilities and signalled any new projects will need to meet the highest environmental standards.

Australia's most generous corporate donors have been named in the inaugural GivingLarge report, with Wesfarmers and CSL receiving top billing.

The state government is investigating the death of a haul truck driver at Rio Tinto's Paraburdoo mine, which occurred last night.

Nearly 140 major projects are either under way or planned for WA, new research by Business News has found. Click through to access the new list on the BNiQ Search Engine.

Scitech has launched a new five-year strategy aimed at expanding engagement across all age groups and promoting skills in science, technology, engineering and mathematics (Stem).

Rio Tinto is exploring a public listing of its Iron Ore Company of Canada business, banking and industry sources say, as it focuses on boosting revenue from its flagship Australian assets.

Rio Tinto has posted a strong second quarter result at its Pilbara iron ore operations, with the miner now forecasting it will hit the top end of its annual guidance.

Rio Tinto's autonomous train program delivered its first cargo of iron ore in the Pilbara earlier this week.

Rio Tinto has extended its contract with Perth-based towage company Westug at its two Pilbara iron ore ports, in a deal worth $200 million.

Pilbara Ports Authority has reported a record annual throughput for the 2018 financial year, with nearly 700 million tonnes of cargo passing over its docks, on the back of an uptick in activity at Port Hedland.

Rio Tinto has commenced a $50 million replacement of the iron ore stackers at its Paraburdoo mine, with local engineers and contractors set to benefit from the project.

While cost savings are one reason for greater automation in workplaces, ever-improving robotic capabilities are hastening the uptake in a range of industries.

BHP's local boss has said more than 75 per cent of work on the new South Flank mine will be sourced within Western Australia, as CPB Contractors announced it had won a $260 million contract on the $4.5 billion project.

Australia outperformed most other jurisdictions as a destination for Chinese direct investment in 2017 despite a fall in flows and declining confidence in the country as a safe location for capital, according to KPMG.

Rio Tinto has committed to a 200 million yuan ($41 million) joint venture with state-owned China Minmetals to explore mineral deposits in China.

A joint venture established by global waste management company Veolia and indigenous partner Our Country has been awarded a multi-million dollar contract covering Rio Tinto's entire Pilbara iron ore operations.

The state government has backed plans for a 700-bed workers camp at Karratha, despite opposition from the local community, after Woodside Petroleum launched a website that is meant to boost local employment on future gas projects.

A new association is aiming to liven up the streets of the CBD and fill its empty spaces with startups and creative enterprises via short-term and rent-free rolling leases.

Iron ore miner Fortescue Metals Group has approved development of its Eliwana mine and rail project in the Pilbara, which has an estimated $US1.28 billion ($1.7 billion) capital cost.

Rising oil prices will affect behavior and the cost of living across all sectors of society and industry.

Rio Tinto has confirmed it is in talks about the potential purchase of its stake in the Indonesian Grasberg mine for $3.5 billion.

SPECIAL REPORT: A selection of charities show fundraising events still work for some, defying a general shift away from the strategy as it becomes more challenging.

Australian businesses can be confident that strong personal relationships with their partners in China can help overcome any short-term problems between the governments of the two countries, according to two local business executives with close ties to the Asian powerhouse.

Rio Tinto's autonomous train program at its iron ore operations is one step closer to full implementation after it received approval from the National Rail Safety Regulator.

Shares in Sipa Resources soared today after the company announced a joint venture agreement with mining giant Rio Tinto at the junior explorer's Kitgum-Pader base metals project in northern Uganda.

Rio Tinto, Apple and Alcoa have invested $C188 million ($195.5 million) to commercialise a new aluminium smelting process that reduces carbon emissions.

State government revenue will be boosted by several policy measures announced today, including increased cost recovery from the mining, maritime and justice sectors, removal of the resource sector's exemption from a training levy, and an increased levy on foreign property buyers.

Black Swan State Theatre Company executive director Natalie Jenkins knows all too well how important diverse revenue streams are for the production of large-scale performances.

Opinion: The current banking royal commission and global shift to downsizing are raising questions as to whether any institution or business is too big to fail, or at least be broken up.