The West is now awake to the critical minerals race, says Rio Tinto boss July 18, 2023 Governments across the West have woken up to the urgency needed to secure essential metals and minerals, Rio Tinto's chief executive has said.
FTSE 100 close: Rio Tinto and Glencore hoist London index as UK economy resumes growth June 14, 2023 London’s FTSE 100 jumped today, led higher by industrial giants offsetting losses among retail and consumer-focused firms and housebuilders. The capital’s premier index added 0.1 per cent to close at 7,602.75 points, while the domestically-focused mid-cap FTSE 250 index, which is more aligned with the health of the UK economy, was largely unchanged at 19,175.50 [...]
FTSE 100 close: London index claws back losses as pound and oil prices soar June 1, 2023 London’s FTSE 100 clawed back losses today after posting its worst month since last summer in May, led higher by mining giants regaining ground following yesterday’s sharp losses. The capital’s premier index climbed 0.59 per cent to 7,490.28 points, while the domestically-focused mid-cap FTSE 250 index, which is more aligned with the health of the [...]
FTSE 100 live: London’s blue chip index ends the week on a positive, but subdued note April 21, 2023 The FTSE 100 ended a quiet week with another subdued session on Friday, but it managed to eke out a small gain and kept above 7,900 points. Shares in the top index in London gained 11.52 points, rising by 0.2 per cent to 7,914.13. It came despite heavy losses for the country’s biggest mining companies. [...]
FTSE 100 close: THG skyrockets 40 per cent while miners edge London index higher April 17, 2023 London’s FTSE 100 kicked off a fresh week in muted fashion today, inched higher by investors snapping up shares in mining giants, while fashion firm THG skyrocketed more than 40 per cent on mounting takeover rumours. The capital’s premier index added 0.1 per cent to close at 7,879.52 points, while the domestically-focused mid-cap FTSE 250 [...]
Rio Tinto rocked by weaker commodity prices as it reports steep downturn in profits February 22, 2023 Higher energy costs, inflation, and downward pressure on commodity prices has weighed on profits at multinational miner Rio Tinto.
Rio Tinto apologises after losing radioactive capsule in Australia January 30, 2023 Rio Tinto has lost a radioactive capsule which emits the equivalent radiation of 10 X-rays an hour - after the product fell off a truck.
Uncertainty around China’s reopening weighs on Rio Tinto’s expectations January 17, 2023 China's reopening from pandemic restrictions risks labour and supply-chain shortages, warned Anglo-Australian miner Rio Tinto.
Rio Tinto to set up Juukan Gorge Foundation in attempt to heal reputation November 28, 2022 Rio Tinto is to create a foundation to support cultural projects in Western Australia, as it seeks to heal its reputation following the fallout of the Juukan Gorge controversy. The mining giant has agreed with traditional landowners within the Puutu Kunti Kurrama and Pinikura (PKKP) Aboriginal Corporation that it will fund “major cultural and social projects”, [...]
Rio Tinto fears recession and Covid clampdowns will hit iron ore shipments October 18, 2022 Iron ore demand will be weighed down by a global slowdown in commodity markets, warned Rio Tinto.