

(Posted on 01/11/18)
The non-binding heads of agreement, originally signed on 28 October 2016, for Chinalco to acquire Rio Tinto's entire interest in the Simandou iron ore project in Guinea has lapsed. Rio Tinto and Chinalco, who respectively own 45.05 per cent and 39.95 per cent of Simandou, will continue to work with the Government of Guinea to explore other options to realise value from the world-class Simandou iron ore deposit. The Government of Guinea owns a 15 per cent stake in the project.
In the Pilbara region of Western Australia, Rio Tinto operates the world’s largest integrated portfolio of iron ore assets with industry-leading margins. They are well positioned to benefit from continuing demand across China and the developing world. The business continues to be the world’s largest autonomous truck operator and a proud leader in automated mining technologies.
The U.S. Grains Council (USGC) has published its 2020/2021 Sorghum Quality Report and for the second... Read more
Rio Tinto has released its 2020 Taxes paid. The company’s economic contribution report, which... Read more
En+ Group, the world’s leading producer of low-carbon aluminium and independent hydropower, has... Read more
The International Fertilizer Association (IFA) and agri benchmark Cash Crop have announced the start... Read more
Rusal, a leading global aluminium producer, invested over USD1bn in environmental projects between 2011... Read more
World crude steel production for the 64 countries reporting to the World Steel Association (worldsteel... Read more
International mining and metals company Rio Tinto and renewable energy technology company Heliogen has... Read more
The USA’s National Grain and Feed Association (NGFA) has urged lawmakers to prioritise improvements... Read more
British Steel has announced that it is investing £100m this year to support the next stage of... Read more
Rusal, a leading global aluminium producer, has announced its results for the year ended 31 December... Read more