Jakob Stausholm News

04.03 / 21:07

markets FIVE security BAY country testing rights Mining giant Rio Tinto eyes Canada in hunt for top-tier lithium property

Mining giant Rio Tinto Ltd. “would love” to produce lithium in Canada, given the right project, says chief executive Jakob Stausholm.

25.02 / 12:15

markets UPS security economy wellness President dance Aluminum keeps flowing from Canada to U.S. with buyers set to bear Trump tariffs

Looming aluminum tariffs have put U.S. makers of everything from cans to cars on edge. But as long as they’re willing to pay enough of a premium, the metal is likely to continue flowing across the northern border.

20.11 / 06:37

UPS FIVE wellness rock reports Discrimination Rio Tinto says sexual harassment, racism still happening at miner

Subscribe to enjoy similar stories. Rio Tinto is finding it difficult to stamp out sexual harassment, racism and bullying as it faces resistance and backlash from some workers to its efforts to overhaul the culture of one of the world’s biggest miners. That is a key finding of a report published on Wednesday that assessed Rio Tinto’s response to an external review in 2021 that unearthed reports of frequent bullying by managers, racist comments and sexual assault.

09.10 / 07:51

markets Reuters Strategy Tesla wellness exclusive reports Rio Tinto to become a top lithium producer with $6.7 bln Arcadium buy

Rio Tinto said on Wednesday it would acquire Arcadium Lithium for $6.7 billion, in an agreed all-cash deal that would make it one of the world's largest lithium producers. Rio said it would pay $5.85 per share for the U.S.-based lithium miner. That represents an almost 90% premium to Arcadium's closing price of $3.08 per share on Oct. 3, the day before Reuters exclusively reported on a potential deal between the two firms. Rio would gain access to lithium mines, processing facilities and deposits in Argentina, Australia, Canada and the United States to fuel decades of growth, as well as a customer base that includes automakers Tesla, BMW and General Motors.

20.02 / 21:59

markets Provident Target Sustainability Rio Tinto inks renewable power purchase deal for Gladstone operations

(Reuters) -Rio Tinto Ltd has signed a renewable power purchase agreement with specialist renewable energy firm Windlab to buy the majority of electricity from its planned 1.4 giga-watt (GW) wind energy project in Queensland, the miner said on Wednesday.

25.01 / 06:23

Provident community wellness love hospital Updates Investigations 6 people killed, 1 survivor after Northwest Territories plane crash: coroner’s office

Six people were killed and only one person survived after a plane crashed Tuesday near Fort Smith, Northwest Territories, according to the chief coroner for the territory.

25.01 / 04:55

Death community love hospital Investigations The death toll from a small plane crash in Canada's Northwest Territories is 6, authorities say

Canadian authorities say the death toll from a small plane crash in Canada's Northwest Territories is six

24.01 / 14:09

Reuters Boeing community love stars reports Investigations Plane carrying Rio Tinto workers to diamond mine crashes in Canada, resulting in fatalities

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24.01 / 03:07

Provident community love social information travelers International N.W.T. plane crash: Fatal flight was headed to Diavik diamond mine

Rio Tinto confirmed Tuesday night.“We have been informed by authorities that a plane on its way to our Diavik mine, carrying a number of our people, crashed near Fort Smith, Northwest Territories, Canada, resulting in fatalities,” the company said.The Northwest Territories Coroner’s Service said there were fatalities from the plane crash near the community of Fort Smith, N.W.T. It did not say how many have died or give further details, saying it must first notify next of kin.The international mining company released a statement of condolences, but did not say how many people were killed or if all were employees.“I would like to extend our deepest sympathy to the families, friends, and loved ones of those who have been affected by this tragedy.

28.12 / 11:17

FIVE Manufacturing performer country electronic innovations testing Why big miners are getting into the metal recycling game — and will be for years to come

A US$700-million investment barely burns a hole in Rio Tinto Ltd.’s pocket. The sum is less than five per cent of its 2022 annual income of roughly US$16 billion and isn’t supposed to dominate headlines from a financial perspective.

16.11 / 05:03

Provident CEO Action Fallout show stage information Leak Rio Tinto sacks former head of aluminium division for leak

Rio Tinto fired the former head of its aluminium division, Ivan Vella, on Wednesday with immediate effect due his “failure” to keep confidential information secret, according to the mining giant, which is investigating the fallout from the breach.

02.11 / 06:07

Provident reports CSR says new energy deal crucial for Tomago smelter

The giant Tomago aluminium smelter in which CSR owns a 25 per cent stake is seeking a cheaper power deal from 2029 as crunch time looms for the biggest user of electricity in NSW.

18.09 / 00:11

UPS Target RIO Stealth Albemarle cover Grab Rio Tinto’s stealth moves in WA lithium grab

Rio Tinto has quietly entered the lithium land grab unfolding in Western Australia as it looks to secure its future in battery minerals, racking up exploration tenements spanning more than 145,000 hectares in the red-hot jurisdiction that has minted billionaires and fanned takeover battles.

18.08 / 14:21

UPS Provident CEO RIO cover Power Deal Alcoa commits to Victoria smelter with AGL power deal

US aluminium group Alcoa has signed up to a new long-term electricity supply contract with AGL Energy for its Portland smelter in Victoria, meaning the energy-intensive plant will be at least partly reliant on coal-fired power at least through to the middle of next decade.

01.08 / 07:49

Lowe's Booking CEO Strategy Low Rio Tinto puts five-year deadline on low carbon aluminium fix

Rio Tinto chief executive Jakob Stausholm says a low carbon solution for the company’s Australian aluminium assets must be found before 2030, and insisted while the fix is not within reach, he is committed to working with governments to find one.

26.07 / 15:23

COST UPS Provident CEO RIO Rio Tinto’s takes $1.2b hit on Labor’s carbon plan

Rio Tinto has wiped $1.22 billion off the value of its Australian alumina refineries to account for the cost of the Albanese government’s new carbon policy as lower commodity prices drove a 43 per cent slump in half-year earnings.

21.07 / 16:45

UPS Strategy European Commission stage Rio Tinto in billion-dollar recycling push

Rio Tinto will make a billion-dollar push into the metal recycling industry as the mining giant seeks to put decarbonisation at the heart of its strategy.

18.07 / 23:19

Target FIVE UBS RIO Rio Tinto aims for ‘upper half’ of iron ore target

Rio Tinto’s iron ore division has achieved its most productive first-half in five years, putting the miner on track for delivering at the top end of its guidance range.

17.07 / 14:19

Parke Tesla Everest Rio Tinto grabs 15pc of mineral sands upstart

Rio Tinto’s acquisitive mood shows no signs of relenting, with the multinational miner buying a strategic stake in mineral sands producer Sovereign Metals.

11.07 / 09:51

UPS UBS Everest Shell Rio hunts in the outback for lithium

Rio Tinto will redouble efforts to find hard rock lithium in the Western Australian outback, after confirming it would extend an exploration partnership near the town of Sandstone for the third time in two years.

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