The Latest Breaking News from Rio Tinto

Aluminerie Alouette, Canada's largest aluminum smelter and a key supplier to the U.S. market, announced a CA$1.5 billion ($1.1 billion) investment in its northern Québec facilities. The firm, owned by a Rio Tinto (NYSE:RIO)-led consortium, is making this commitment despite growing pressure from U.S. tariffs and global trade uncertainty.

The FTSE 100 index closed up 48.51 points at 8,823.20.

The reviled foreign project could be key to Bougainville’s prosperity in independence. But some say the island risks repeating the mistakes of the past

The mining sector rose 2.3 per cent in its best day in 11 weeks but overall the ASX dipped, while the Australian dollar climbed to a seven-month high.

Rio Tinto (NYSE:RIO) and Hancock Prospecting have announced on Tuesday a joint investment of $1.61 billion to develop the Hope Downs 2 iron ore project in Western Australia's Pilbara region. A 50-50 investment will drive a significant expansion of the long-standing Hope Downs Joint Venture between the two companies.

A joint venture between Rio Tinto and Hancock Prospecting has been given approval for an iron ore project to add 31 million tonnes to global supply each year.

The ASX energy sector fell 3.9 per cent as oil prices plunged on word of a truce in the Middle East but most other sectors finished higher.

The World Archaeological Congress is meeting in Australia for the first time, with industrial threats to ancient Aboriginal sites up for discussion.

Ten of the new projects will be focused on materials essential for electric vehicle batteries and battery storage

Bougainville, an autonomous archipelago currently part of Papua New Guinea, is determined to become the world’s newest country.

A bid to overturn a decision not to renew the controversial Jabiluka mineral lease looks set to be abandoned as Rio Tinto moves to take over a uranium miner.