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NZAS reaches deal with Meridian to extend operations to 2024 on January 14 2021 6:00 AM MELBOURNE, Australia--(BUSINESS WIRE)--Rio Tinto has reached an agreement on a new electricity agreement with Meridian Energy that allows New Zealand’s Aluminium Smelter (NZAS) to continue operating the Tiwai Point aluminium smelter until December 31, 2024. The extension provides certainty to employees, the local community and customers while providing more time for all stakeholders to plan for the future. While discussions with the New Zealand government are progressing in relation to their commitment t...

Rio Tinto and Nippon Steel Corporation sign climate MOU Rio Tinto and Nippon Steel Corporation sign climate MOU Rio Tinto, a leading global mining and metals company, and Nippon Steel Corporation, Japans largest steel producer, have signed a Memorandum of Understanding (MoU) to jointly explore, develop and demonstrate technologies to transition to a low-carbon emission steel value chain. Rio Tinto and Nippon Steel share a long history of working together, with the first shipment of iron ore from Australia to Japan coming from Rio Tintos Pilbara operations in 1966 and going to Yawata Works ...

Rio Tinto appoints Jakob Stausholm as chief executive Rio Tinto has appointed Jakob Stausholm as chief executive, effective 1 January 2021. Since joining Rio Tinto as an executive director and chief financial officer in 2018, Mr Stausholm has played a leading role in the Group's strong performance, maintaining capital allocation discipline and delivering significant shareholder returns, while strengthening the balance sheet. Mr Stausholm is an experienced global executive, with 25 years in leadership roles in capital intensive and service industries across Europe, Latin America and Asia-Pacif...

Posted on 10457 Rio Tinto, a leading global mining and metals company, and Nippon Steel Corporation, Japan’s largest steel producer, have signed a Memorandum of Understanding (MoU) to jointly explore, develop and demonstrate technologies to transition to a low-carbon emission steel value chain. Rio Tinto and Nippon Steel share a long history of working together, with the first shipment of iron ore from Australia to Japan coming from Rio Tinto’s Pilbara operations in 1966 and going to Yawata Works in Kitakyushu, now part of Nipp...

Posted on 7831 Rio Tinto has committed to invest $10 million with the world’s largest steel producer China Baowu Steel Group over the next two years in low-carbon steelmaking projects and research. This investment is the next step in advancing the partnership formed between Rio Tinto, China Baowu and Tsinghua University in 2019 to develop and implement new methods to reduce carbon emissions and improve environmental performance across the steel value chain. Rio Tinto’s investment will fund the joint establishment of a Low Carbo...