News Articles for Rio Tinto

Perth IT company Empired has upgraded its revenue guidance for the financial year by $10 million, on the back of numerous recent contract wins totalling $65 million, and has more than doubled its staff since the start of the financial year.

The environmental watchdog has given its nod for Rio Tinto's proposed extension of the West Angelas iron ore project in the Pilbara.

New resources opportunities will emerge in WA as older projects start to wind down production, or are closed.

The independent directors of Energy Resources of Australia have quit after a disagreement with major shareholder Rio Tinto over the future of its Ranger uranium mine in the Northern Territory.

The chairman of a state inquiry into the impact of fly-in, fly-out work practices on mental health is confident Western Australia can enact a raft of recommendations to reduce suicides and improve wellbeing for the state's 60,000 Fifo workers, despite admitting the federal government's response to a recent similar national inquiry was ‘lame'.

Henderson-based engineering and construction firm Civmec has been awarded a number of contract wins and extensions, including more work on the new Perth Stadium, with a combined value of $68 million.

Perth's contemporary arts institute has increased its overall income by 96 per cent in nine years by diversifying its supporter base.

If you're wondering why the outlook for iron ore remains grim despite last night's price rise to a three-month high of $US63.10 a tonne, it is partly because Western Australia's iron ore miners have a new competitor – themselves.

Local IT firm Empired has won a $20 million contract to provide application managed services to mining giant Rio Tinto under a five-year term.

Mining giant Rio Tinto has been voted as Western Australia's most attractive employer at the annual Randstad Awards, a title it has won twice in three years.

It should be clear by now to Andrew Forrest that his campaign for a political inquiry into the iron ore industry has done the company he runs, Fortescue Metals Group, more harm than good – and might even have stirred up trouble for another local billionaire, Gina Rinehart.

The ‘iron ore wars' and budget battles are defining where power and influence lies in business and politics in WA. Read our latest Most Influential feature to see who is on the rise, whose influence is waning and who has dropped off the list.

The new chair of the University of Western Australia's Energy and Minerals Institute says scientists and researchers need to deliver tangible results to their industry partners.

Prime Minister Tony Abbott has declared support for an inquiry into the iron ore industry, providing a huge boost for the campaign being waged by Fortescue Metals Group chairman Andrew Forrest against his two biggest competitors.

Rio Tinto's logo will soon be installed on the highest vantage point in Perth's CBD, a move that suggests the mining giant intends to remain at its current office accommodation and not seek to anchor a new building.

Premier Colin Barnett has rejected calls for a parliamentary inquiry into the iron ore industry, despite repeating his criticism of the major producers.

The view from outside of Australia is particularly upbeat for WA, so maybe it's time to focus on the positives.

Rio Tinto and BHP Billiton have highlighted their competitive advantage in the iron ore market, with BHP predicting further large reductions in its operating costs in the Pilbara and Rio detailing the big price discount Fortescue Metals Group has to accept for its products.

As smaller iron ore miners scramble to cut costs to deal with falling prices, another hurdle looms – customers' preference for quality.

Mining industry groups in Perth and Canberra have come out today in favour of free markets in the iron ore industry, after Fortescue Metals Group chairman Andrew Forrest criticised the actions of heavywights Rio Tinto and BHP Billiton.

Rio Tinto reaffirmed today plans to continue its brownfield iron ore expansions in the Pilbara but has noted all new mine developments are still on hold, leaving a question mark over when it will reach its 360 million tonnes per year production target.

Mathematically it's impossible, but in about 11 days Australian investors will discover whether one plus one can add up to more than two – because that's the day the son of BHP Billiton, South32, lists on the ASX.

The commercial construction sector is emerging as a bright spot amid all the doom and gloom in WA. Click through to see the special report, with details of Perth's biggest construction jobs.

The mining industry is adopting new technology it hopes will raise flexibility and lower costs in a changing environment.

Mining services company Viento Group has gone into administration, despite having won major new contracts in the past month with iron ore miners BC Iron and Rio Tinto.

A CONTRIBUTION of almost $1 million from Rio Tinto has provided a major fillip to the continued success of Australia's most comprehensive family literacy program.

If wealth creation is not growing, tinkering with a broken tax system isn't going to achieve much.

Perth-based tech startup Resource Governance International is seeking to change the way mining companies report their resources and reserves, launching a $3 million capital raising to commercialise software it hopes will become the industry standard.

Fortescue Metals Group has restructured rosters for mine workers at its operations in the Pilbara, in its latest move to cope with plunging iron ore prices.

THE state's biggest provider of first aid courses has transformed its service offering amid an influx of cut-price market entrants.

Big retailers will be hoping the federal government puts most recommendations from the recent competition policy report in the too-hard basket.

Andrew Forrest's worst nightmare is that he will one day relive his painful experience with pioneering low-grade nickel ore processor Anaconda Nickel; so surely he must have suffered an ‘Anaconda moment' when the iron ore price fell below $US50 a tonne overnight.

One of the state's largest Aboriginal contractors is seeking to establish a joint venture with the Republic of Guinea, to work on Rio Tinto's Pilbara iron ore mines and its planned Simandou mine.

The University of Western Australia has appointed John Barrington as the chair of the Perth International Arts Festival, following the retirement of Margaret Seares who served in the role since 2012.

As grim as the iron ore outlook appears for some of WA's smaller miners, the state government, too, stands to lose out amid the sector's upheaval.

Kia Dowell's company aims to get businesses working together by way of traditional Aboriginal teaching principles.

You don't need to listen too closely to hear the pips squeaking in Western Australia's iron ore lemon after a week-long debate about the state's most important industry, which appears to be heading for a crisis that will hit companies and governments in equal measure.

The Pilbara Ports Authority has begun clearing large vessels out of the ports of Dampier and Ashburton, ahead of a cyclone which is expected to hit the Pilbara coast by tomorrow morning.

Iron ore rivals BHP Billiton and Rio Tinto are united in their forecast more high-cost producers will leave the market, but have stopped short of predicting how Western Australia's higher-cost producers will fare over time.