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Top News In டின்டோ கட்டுப்படுத்தப்படுகிறது டர்க்கைஸ் மலை Today - Breaking & Trending Today

Rio Tinto concludes financing agreement with TRQ

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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 for the completion of the Oyu Tolgoi (OT) Underground Project in Mongolia.
The Funding Plan addresses the estimated remaining known funding requirement of approximately AUS$2.3 billion, building on and replacing the arrangements established in the Memorandum of Understanding (MOU) that Rio Tinto and TRQ previously entered into on 9 September 2020.
Under the HoA, subject to securing approval by OT LLC and any required support from the Government of Mongolia, and subject to timing, availability, and terms and conditions being acceptable to both parties, Rio Tinto and TRQ will: ....

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ALX Resources Corp. and Rio Tinto Confirm Drilling Plans for the Firebird Nickel Project in Saskatchewan

ALX Resources Corp. (TSXV: AL) (FSE: 6LLN) (OTC: ALXEF)
( ALX or the Company ) is pleased to announce that its exploration partner, Rio Tinto Exploration Canada Inc. ( Rio Tinto ), has confirmed details of the 2021 exploration program and budget for the Firebird Nickel Project ( Firebird , or the Project ), located near the town of Stony Rapids in northern Saskatchewan, Canada.
Firebird is currently the subject of an option agreement whereby Rio Tinto can earn up to an 80% interest in the Project by incurring exploration expenditures of $12.0 million over a six-year period and by making a total of $125,000 in cash payments to the Company (see ALX news release dated August 24, 2020, ALX Resources Corp. Announces Rio Tinto Exploration Canada Earn-In for the Falcon Nickel Project ). ....

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Rio Tinto : makes first sale of aluminium-scandium alloy for 3D printing

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Rio Tinto has signed an agreement to provide a first commercial batch of high-performance aluminium-scandium alloy from its North American operations to Amaero, a leader in metal additive manufacturing.
This first sale is being delivered through Rio Tinto’s unique position as a producer of both aluminium and scandium, and its technical capability to develop specialised alloys.
Under the agreement, Rio Tinto will deliver alloy billets made of responsibly produced, low carbon aluminium from its hydro-powered Canadian smelters and high purity scandium oxide from its Rio Tinto Fer et Titane (RTFT) metallurgical complex in Sorel-Tracy, Quebec. The billets will be processed by Amaero into powder for 3D printing and offered to the market for high temperature applications. ....

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Rio Tinto Provides Aluminium-scandium Alloy For 3D Printing

LONDON (dpa-AFX) - Rio Tinto (RTPPF.PK, RIO.L, RIO, RTNTF.PK) said it has signed an agreement to provide a first commercial batch of high-performance aluminium-scandium alloy from its North American ....

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U.S. judge rejects SEC bid to expand Rio Tinto fraud lawsuit on Mozambique coal business

By Reuters Staff
2 Min Read
(Reuters) - A U.S. judge on Wednesday quashed a bid to widen the scope of a civil lawsuit by the U.S. Securities and Exchange Commission that accused miner Rio Tinto of fraud at its Mozambican coal business, a court filing showed.
The Rio Tinto mining company s logo is photographed at their annual general meeting in Sydney, Australia, May 4, 2017. REUTERS/Jason Reed
The SEC filed a complaint against Rio in 2017 with allegations that it had fraudulently concealed the decline in value of the business.
Rio had acquired Riversdale mining for $3.7 billion in 2011, on the premise it would be able to barge 30 million tonnes of coal per year down the Zambezi river, and rail a further 12-15 million tonnes of coal per year to port. ....

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