The US Department of Energy along with General Motors and Rio Tinto are investing heavily in newer technologies that could potentially revolutionize the way lithium is produced for electric vehicle batteries. As of now, these technologies are yet to prove… Read More ›
On Friday, Australia imposed sanctions on two Russian oligarchs with links to its mining industry, with one of them connected with an investment to Rio Tinto’s Gladstone alumina refinery joint venture. In a statement Australian Foreign Minister Marise Payne said,… Read More ›
On Monday, in a statement Rio Tinto said it will trim the short-term bonuses of its CEO as well as two other senior executives following a review of the company’s destruction of two historic caves in Australia in May which… Read More ›
Barbara Levi is currently the Group Legal Head, M&A and Strategic Transactions for Novartis. She will be joining Rio Tinto on January 1, 2020 and will be replacing Philip Richards who will be retiring from Rio Tinto on December 31,… Read More ›
Glencore has come under investor pressure to boost its shareholder returns; it is also under pressure from U.S. regulators who have raised alleged corruption and bribery charges against the company. On Tuesday, mining and commodities trading giant Glencore stated, it… Read More ›
The development comes in the wake of investors wanting greater return on investments from the world’s No. 2 miner. Cash-flush Rio Tinto has stated it would be buying back an additional $2.5 billion worth of its shares, in a… Read More ›
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