Commodities
Rio Tinto invests to strengthen copper supply in USA
(Posted on 21/06/23)Rio Tinto is investing in its Kennecott operation near Salt Lake City, Utah, to strengthen its supply of copper in the United States by increasing production from underground mining and improving the health of key assets.$498 million1 of funding has been approved to deliver underground development and infrastructure for an area...
Extended climate partnership to decarbonise steel value chain
(Posted on 12/06/23)China Baowu, the world’s biggest steelmaker, and Rio Tinto, the world’s largest iron ore producer, have signed a Memorandum of Understanding (MoU) to explore a range of industry leading new projects in China and Australia to help decarbonise the steel value chain.Under the MoU, China Baowu and Rio Tinto plan to jointly...
Cargill and Kotug launch first zero-emission electric pusher tug and barge
(Posted on 09/06/23)Cargill has partnered with Kotug International to deploy Kotug’s zero emission E-Pusher and E-Barges, the world’s first fully electric pusher boat and barges to transport cocoa beans from the Port of Amsterdam, the largest cocoa import port in the world, to Cargill’s cocoa factory in Zaandam, the Netherlands.Pushers...
British Steel secures four-year supply contract with Infrabel
(Posted on 09/06/23)British Steel’s Rail business is celebrating another successful contract win with Belgian railway infrastructure manager Infrabel.The 4-year agreement will see British Steel supply 40,000 tonnes of high-quality rail in various profiles for the maintenance and renewal of track across the Belgian rail network.Deliveries are...
U.S. Borax first open pit mine to transition to renewable diesel
(Posted on 05/06/23)Rio Tinto has successfully completed the full transition of its heavy machinery from fossil diesel to renewable diesel at its Boron, California operation, making it the first open pit mine in the world to achieve this milestone. The change to renewable diesel brings an anticipated CO2 equivalent reduction of up to 45,000 tonnes...
Rio Tinto to invest in Pilbara desalination plant
(Posted on 02/06/23)Rio Tinto plans to invest US$395 million1 in a seawater desalination plant in the Pilbara, Western Australia, to support future water supply for the company’s coastal operations and communities in the region.The proposed Dampier Seawater Desalination Plant, which remains subject to Commonwealth and State Government approvals...
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