News Articles for Rio Tinto

Rio Tinto executive Greg Lilleyman is leaving the company after 25 years, and will be replaced as group executive technology and innovation by the miner's current head of exploration.

SPECIAL REPORT: Activ Foundation and the Royal Flying Doctor Service are Western Australia's two largest not-for-profit charities, yet they have very different approaches to philanthropy and fundraising.

Morgan Ball will be stepping down as the managing director of BC Iron.

In the first of a series of interviews with top WA business figures for Business News, Leadership WA chief executive officer Robin McClellan spent 10 minutes with Rio Tinto chief executive, iron ore, Andrew Harding, who said he looked to hire smart, reflective and curious people, and revealed mindfulness meditation had helped him be a better leader.

Treasurer Mike Nahan hopes to raise $16 billion from an expanded asset sales program, with Western Power and Horizon Power's Pilbara transmission lines now targeted but two other assets unexpectedly removed from the government's sell-off list.

SPECIAL REPORT: There's no doubt the boom has come to an end, but plenty of opportunities and projects remain in play.

Billionaire Gina Rinehart has appointed a new executive director and a new chief executive at Hancock Prospecting and foreshadowed plans to recruit additional senior executives to run its commercial and agribusiness operations.

Chevron is the latest major resources player in the state to announce a change in leadership, after selecting a successor to current managing director (Australia) Roy Krzywosinski, who will hand over the reins in June.

Mining giant Rio Tinto plans to continue its cautious approach as it expects the tough operating environment to remain in the foreseeable future.

The federal budget has vastly boosted the government's firepower against multinational tax avoidance as it looks to ramp up revenues to fund tax cut promises.

How do you budget for an iron ore boom that no-one believes will survive more than a few months?

ANALYSIS: Worldwide demand for lithium is rising and more than 20 companies in WA are on board for the ride.

John McGloin and Alex Davidson, who were formerly directors of Amara Mining, have been appointed as non executive directors of Perseus Mining.

Rio Tinto has reaffirmed its guidance for iron ore shipments in 2016 but slashed production guidance for next year after saying it was facing delays with its AutoHaul driverless trains project in the Pilbara.

Rio Tinto will supply China's Sinosteel with 70 million tonnes of iron ore over the next five years after extending the companies' joint venture in Western Australia.

Mining giant Rio Tinto has backed down from its decision to double the payment period on its supply contracts after widespread criticism from politicians and an outcry from suppliers.

The state's building commissioner says contractors and suppliers need to be paid within 50 days, as controversy over the extension of Rio Tinto's payment terms continues.

Philip Edmands has been appointed as partner to the Perth office of Gilbert + Tobin, effective 1 June 2016.

Prime Minister Malcolm Turnbull says he will raise mining contractors' concerns with Rio Tinto over the mining giant's move to double its standard payment terms, while premier Colin Barnett went further, saying its move was not fair or reasonable.

Corporate law firm Gilbert + Tobin has recruited former Rio Tinto Australia managing director Philip Edmands as a new Perth-based partner.

Suppliers to Rio Tinto face more financial pain after the global mining giant said it would double its standard payment terms to 90 days – twice as long as the average Australian business takes to pay its bills.

If money, careers and future investment in Western Australia were not being jeopardised, it would be amusing to watch some of Australian biggest companies adopt a management policy best described as ‘run and hide'.

SPECIAL REPORT: There has been a major shift in business influence in WA amid waning international investment and, with two elections on the way, there is a prospect of even bigger changes in political influence. Click through to see our listing of WA's most infliential leaders in politics and business.

Perth's importance as a national business centre may have faded during recent months, but it's a different matter in the inner suburb of West Perth, where several small mining companies have sprung back to life.

The chief executive of mining giant Rio Tinto will hand the reins over to the leader of the company's copper and coal division later this year.

There's an old saying in the exploration business - “If you want to hunt for elephants you need to go to elephant country." That message certainly hasn't been lost on Sipa Resources who have just muscled into well known elephant country in the Pilbara that hosts the 10m ounce Telfer Gold mine and the 30 000 tonne a year Nifty Copper mine. Sipa will spend $3m to earn 80%.

French company Sodexo is set to become one of the biggest service providers in the Pilbara after signing a $2.5 billion contract to manage all of Rio Tinto's mine camps and other facilities for 10 years.

Mining giant BHP Billiton has called for tax and workplace reforms in Australia, wading into the ongoing political debate ahead of the federal election later this year.

Mining giant Rio Tinto plans to cut around 170 jobs at its Pilbara operations in Western Australia over the next few months, unions have been told.

The consumer watchdog has sought further information from miner Fortescue Metals Group on its proposed tie-up with Brazilian iron ore giant Vale.

Smaller iron ore miners were the big winners today after the iron ore price surged overnight, whereas Fortescue Metals Group failed to sustain Monday's big gains despite announcing a joint venture and investment deal with Brazil's Vale.

BHP Billiton says it is not keen on boosting iron ore supplies in a weak market, signalling a change in its long-held position, as it shifts focus to maintaining financial discipline.

Andrew Rowe has been appointed as the new chief executive officer of Perth Energy.

ANALYSIS: Rubbery figures and projections aside, WA's iron ore miners are breathing a little easier thanks to improving prices and a favourable exchange rate.

BHP Billiton has responded to its mammoth interim loss and the prospect of a prolonged downturn by slashing its dividend and adopting a new management structure that leaves Western Australia without a representative in the company's leadership group.

Ardiden has appointed Bradley Boyle as executive director and Michael Stares as general manager – Canadian operations. Mr Boyle was formerly a managing director of Triton Minerals.

Special Report: Falling commodity prices have led some mining contractors to circle the wagons, but others are cautiously targeting opportunities.

This week we discuss tough markets, the sports stadium, Woosha, Moody's downgrade, asset sales, Rio Tinto and mining services.

Mining giant Rio Tinto has reported an $US866 million ($A1.2 billion) annual loss, and has responded by cutting its future dividends, operating costs and capital spending, though the long-planned Silvergrass mine in the Pilbara is shaping up as one of the company's few big projects to proceed.

Tony Chong has been appointed as non-executive chairman of TV2U Worldwide. Mr Chong is a corporate and tax lawyer and also serves as the lead partner of Lavan Legal's corporate services group.