RIO Financial News

London | Europe is more likely to meet its potentially burgeoning demand for hydrogen via pipelines from nearby countries, not shipping from far-flung sources like Australia, a leading energy think tank has warned.

Mint has seen a copy of the letter that has other signatories— heads of Bharat Diamond Bourse (BDB) ,located in Mumbai’s Bandra-Kurla Complex, Surat Diamond Bourse (SDB), Mumbai Diamond Merchants’ Association (MDMA) and Surat Diamond Association . “India’s exports of polished diamonds have fallen by more than 25% in the January-August period as demand for loose polished diamonds and jewellery from key consumers like US and China has been materially affected, which is why we have appealed to our members to halt imports of roughs," Shah told Mint.

A Rio Tinto-controlled group has flagged the clean-up of the Ranger uranium mine, in the environmentally and culturally sensitive Kakadu National Park in the Northern Territory, will blow out beyond $2.2 billion.

Coronado Global Resources has a new major shareholder, after American The Energy and Minerals Group finally gave up on Australian investors’ willingness to support pure play coal stocks.

Gina Rinehart has increased her strategic stake in Liontown Resources and further complicated battery chemical giant Albemarle’s $6.6 billion takeover tilt at the lithium prize.

Increased steel production in China is pushing iron ore prices higher but resulting in lower margins for Australian steel makers including BlueScope.

Tigist Assefa, the Ethiopian sensation, has stunned the world by shattering the women's marathon world record at the Berlin Marathon on Sunday. Her remarkable achievement adds a new chapter to the history of this prestigious event.

Playing casino games is a go-to way of spending your leisure time. Whether you seek an adrenaline boost or simply want to relax, the world of iGaming has a lot to offer. 

By Clara Denina

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.

Listed uranium junior Alligator Energy, whose shares are up nearly 70 per cent year to date, held investor meetings last week in what fund managers reckon was a warm-up session for an impending cash call.

Bollywood veteran Rio Kapadia has passed away. The actor, who appeared in several Bollywood classics such as ‘Dil Chahta Hai’, ‘Chakde India’ etc, was 66 at the time of his death. The news of his demise was confirmed by his friend Faisal Malik in an interview with India Today. However, the cause of his death has not been confirmed yet. The actor’s last rites will take place at Shiv Dham Shamshan Bhumi in Goregaon. The news of his death has left his fans in shock, as the ‘Made In Heaven’ actor was fairly hale and hearty, as well as active on social media till recently. In June, the actor uploaded a picture of himself enjoying a vacation in Europe on his Instagram handle, and wrote, “Back again to the final leg of the European trip! Back to Paris.

Mining tech startup Torqn is seeking fresh capital as it races to become an ‘everything app’ for industry, tapping MST Financial to kick off a $5 million Series A funding round, Street Talk can reveal.

Nagaland assembly on Monday unanimously opposed the Uniform Civil Code (UCC). Chief Minister Neiphiu Rio told the house that the UCC as single law which deals with all matters relating to marriage and divorce succession and inheritance, adoption including personal laws and practices. The Chief Minister said that the UCC should be exempted for the state of Nagaland on the ground Bengal Eastern Frontier Regulation, 1873 (BEFR Act 1873), 9-Point Agreement 1947 and 16-Point Agreement 1960. Under the BEFR Act 1873, Inner Line Permit (ILP) system was introduced in Nagaland and other northeastern states while the 9-Point Agreement 1947 granted judicial, executive and legislative powers, as well as autonomy in land-related matters in Nagaland and under the 16-Point Agreement 1960, the Government of India recognised the formation of Nagaland as a full-fledged state. MLA Imkong L. Imchen said that the implementation of UCC could potentially lead to inconvenience for the people of Nagaland. He further noted that the verbal assurance from Union Home Minister Amit Shah assured to exempt Nagaland from the UCC. Leader of Naga People’s Front legislature party, Kuzholuzo Nienu said that any attempt to enforce UCC on the diverse communities across the country would be futile and counterproductive and that it would be a direct threat to the fabric of a communitarian tribal ethos and values. Imposing UCC is betraying the hope and trust of the minorities, especially the tribal communities, for whom constitutional provisions, like article 371 (A), has been provided to protect and promote the customs, values and practices, he said. Minister, Power and Parliamentary Affairs, K.G.

When Jeff Quartermaine kicks off his investor roadshow in Sydney this week, don’t be surprised if the Perseus Mining boss spends a fair bit of time talking about rival gold miners Northern Star and Evolution Mining.

G20 summit in New Delhi on Saturday at a hall of Bharat Mandapam, the venue of the summit. Among those invited for the dinner include former Prime Ministers Manmohan Singh, HD Deve Gowda and various chief ministers of different states.

Fortescue Metals Group has tempered its green hydrogen ambitions in investor briefings aimed at settling market nerves about its risk appetite in green energy and recent leadership upheavals.

NSW Treasurer Daniel Mookhey says a new $2.7 billion plan to raise coal royalties in the state will not cost jobs or put brakes on investment.

Olympic gold medalist Adam Peaty, 28, and fellow Team GB swimmer Luke Greenbank, 25, has come to light. The incident reportedly ensued after Peaty allegedly made a provocative comment about Greenbank's partner and then slapped Greenbank on the backside. The tense clash occurred during a British Swimming training camp.

Indigenous leaders have slammed a plan to extend a mineral lease over culturally sensitive land that contains Australia’s best undeveloped uranium deposit, in a row that threatens to inflame political debate over the Voice to parliament and the ban on nuclear power.

Silicon Valley investors behind a secretive $800 million land-buying spree got off to a rocky start with the voters they need to build a green new city in Northern California