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Rio Tinto updates details of tailings facilities Rio Tinto today released updated information in relation to its global tailings facilities to align with the requirements of the Global Industry Standard for Tailings Management (GISTM) released in August 2020, an initiative co-convened by the International Council on Mining and Metals, United Nations Environment Programme and the Principles for Responsible Investment. The latest disclosure at http://www.riotinto.com/tailings builds on previously disclosed information on each of Rio Tinto's global tailings facilities released in June 2019 and t...

Rio Tinto releases first quarter production results Rio Tinto Chief Executive Jakob Stausholm said: “We achieved an overall solid operating performance in the first quarter. We have maintained guidance ranges in all our products, with site teams successfully managing the effects of significant rainfall, in particular at our Australian iron ore assets. “It has been a period of deep reflection for the company, and I have personally spent a significant amount of time … Rio Tinto Chief Executive Jakob Stausholm said: “We achieved an overall solid operating performance in the first quarte...

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    Rio Tinto has entered into a binding Heads of Agreement (HoA) with Turquoise Hill Resources (TRQ) for an updated funding plan (the "Funding Plan") for the completion of the Oyu Tolgoi (OT) Underground Project in Mongolia. The Funding Plan addresses the estimated remaining known funding requirement of approximately $2.3 billion[1], building on and replacing the arrangements established in the Memorandum of Understanding that Rio Tinto and TRQ previously entered into on 9 September, 2020.   Under the HoA, subject to securing approval by OT LLC and any requi...

Rio Tinto achieves battery grade lithium production at Boron plant Rio Tinto has commenced production of battery-grade lithium from waste rock at a lithium demonstration plant at the Boron mine site in California, United States. The demonstration plant is the next step in scaling up a breakthrough lithium production process developed at Boron, to recover the critical mineral and extract additional value out of waste piles from over 90 years of mining at the operation. An initial small-scale trial in 2019 successfully proved the process of roasting and leaching waste rock to recover high grade...