News Articles for Rio Tinto

Engine technology developer Orbital Corporation has moved to acquire half of electrical product manufacturer REMSAFE from co-founder Nick Bertucci for $5 million.

The South West may be the scene of a political and environmental battle over bauxite mining not seen for 30 years.

Psst … looking for a bargain? Here's a way to buy $1 for less than $1 by acquiring a fistful of shares in Mt Gibson Iron.

Wesfarmers has appointed Maya vanden Driesen to the position of group general counsel, putting her in charge of a national team of 42 in-house lawyers.

Rio Tinto has reinvested in its partnership with Aboriginal education group Graham (Polly) Farmer Foundation, signing a three-year $2.7 million deal.

China's maturing economy, not a conspiracy of collusion, is behind the actions of WA's two biggest iron ore miners.

Our annual Biggest Employers feature has the latest BNiQ data on employment trends in WA, including the companies that are expanding and those that are shrinking, and in-depth analysis of what's happening in mining, construction, health care, accounting, law and other industries.

Mining and civil engineering firm MACA announced today that it had won $47.9 million worth of project contracts from Main Roads WA and mining giant Rio Tinto in the past three months.

Chairman of education provider Navitas, Harvey Collins, has joined the ranks of some of the top business leaders in WA by winning the Australian Institute of Company Directors gold medal award for WA.

Atlas Iron has shrugged off concerns about current market conditions and its thin margins, using its annual general meeting yesterday to remind shareholders of its development track record in an intensely competitive environment as proof it is a survivor committed to doing what it takes.

The state rarely wins in battles with big resources outfits.

As the iron ore majors ramp up production, Fortescue Metals Group has an ace up its sleeve.

Mining contractor Macmahon Holdings has again extended talks with Mongolian government-owned coal miner Erdenes Tavan Tolgoi concerning $30 million it is owed in overdue payments.

Rio Tinto chief executive officer Sam Walsh and chief financial officer Chris Lynch have both had their contracts with the mining giant extended to open-ended tenures.

The big get bigger and the small get crushed.

Colin Barnett's tough talk on iron ore has all the hallmarks of a government fearful of losing control of the narrative.

Business leader Kerry Stokes says the Western Australian economy is heading for its toughest period in two decades, but expects the state will resume healthy growth within a couple of years.

Iron ore production shows no sign of slowing, but getting the ore on the water may be more problematic.

Shares in Perth-based gold explorer Talisman Mining have surged more than 70 per cent after the company announced it had entered into a binding agreement for Swiss-based Glencore's Sinclair nickel project in the Goldfields for $10 million.

Fortescue Metals Group chief executive Nev Power has criticised what he calls "last man standing" expansion strategies by the major iron ore producers in the Pilbara while defending FMG's own expansion strategy.

Verbal and financial volatility is the best way to describe what's happening in Western Australia today.

The Department of Mines and Petroleum is seeking to recover about $11 million in unpaid royalties amid producer disquiet about possible royalty rate increases.

The Business News annual export review has the latest data on 33 businesses representing $122 billion in outgoing trade. It also shows that while iron ore continues to dominate, the emergence of LNG, agriculture and services will benefit from a lower dollar.

An unexpected windfall could tip $50 million into failed construction company Forge Group as its receivers continue to recover money owed and make debt payments.

Karl Simich and Mark Bennett are justifiably annoyed at having the companies they run added to an investment blacklist; but behind their frustration there is an enormously serious issue for every member of a superannuation fund – and that, in theory, is every working and recently retired Australian.

Premier Colin Barnett has strongly criticised Rio Tinto and BHP Billiton, accusing the major iron ore producers of flooding the market and hurting the state.

The big commodities exporter has stolen a march on Australia with a China deal to use giant ships at cheaper rates.

If Western Australia's small iron ore miners thought all the bad news about falling prices was in the open, they got a shock this week when the two biggest producers, BHP Billiton and Rio Tinto, launched a war of words, complete with threats of fresh expansion programs.

China's new coal-quality rules have ruffled feathers in the Australian coal industry.

Mines and Petroleum Minister Bill Marmion has announced that Western Australia will play a key role in settling global safety standards for emerging remote controlled mining machinery.

Investor interest in base metals stocks is rising, as iron ore process continue to slide south.

Civil and mining industry contractor Viento Group has announced a joint venture with 100 per cent indigenous owned Kimberley Pipelines, expanding Viento's services into the pipeline construction industry.

The federal government's RET review has polarised opinion on the future of renewables in Australia.

Global law firm Squire Patton Boggs has grown its Perth corporate practice division with the addition of Simon Rear, who is moving from Allion Legal.

Southern Cross Electrical Engineering has reported a $9.6 million slump in full-year profit to $7.7 million on the back of a 21 per cent fall in revenue to $218.2 million.

Belmont-based contractor GR Engineering Services lifted its full-year profit by 89.3 per cent to $14.2 million, despite a drop in revenue of 0.4 per cent to $114.2 million.

FEATURE: Having gained notoriety in the 1996 movie Jerry Maguire, the phrase ‘show me the money' will be heard often, and loudly, in business in Western Australia in coming years as capital inflows become capital outflows and funds become harder-than-ever to raise.

FEATURE: Two Perth-based organisations – one well established and one relatively new – are taking giant strides towards normalising and encouraging more women in mining workforces.

FEATURE: A stubbornly high dollar, falling prices and high operating costs are combining to exert real pressure on smaller players in the iron ore sector.

FEATURE: Industrial uncertainty and an urgent need for more infrastructure are putting the squeeze on iron ore exports through Port Hedland, while productivity increases and transshipment options are also being mulled over statewide.