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The Latest Breaking News from Rio Tinto

How can the law account for the value of natural places?

In November 2022, the Australian government made a commitment to legislate new protections of Indigenous heritage sites. The decision was made in response to recommendations passed down by a joint parliamentary committee investigation into Rio Tinto’s destruction of an Aboriginal sacred site at Juukan Gorge in 2020.

The Conversation

Dow Jones Rises As FAA Restarts All Domestic Flights; Tesla Stock Rallies On Gigafactory Expansion

The Dow Jones Industrial Average rose Wednesday, as the FAA restarted all domestic flights. Tesla stock rallied on gigafactory expansion plans.

Investors Business Daily

Dow Jones Rises Amid Powell Comments; Boeing Slides On Downgrade

The Dow Jones rose Tuesday amid Fed Chair Jerome Powell's comments. Aerospace giant Boeing slid on a downgrade.

Investors Business Daily

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Dow Jones Reverses Lower Ahead Of Powell Speech; 7 Best Stocks To Buy And Watch

Dow Jones futures were little changed ahead of Fed chief Powell's speech. The Dow Jones Industrial Average reversed lower Monday.

Investors Business Daily

Aussie experts head to Saudi mining forum

An Aussie contingent has top billing in Saudi Arabia as the oil state looks beyond "black gold" to critical minerals needed for a cleaner world economy.

AAP

Dow Jones Rallies On This; Tesla Stock Fights Back, Elon Musk Jokes; WWE Stock Gorilla Presses Higher

The Dow Jones vaulted higher on good news. Tesla stock rallied; Elon Musk joked. WWE stock soared on Vince McMahon's return. Apple stock rose.

Investors Business Daily

1 Stock That Stands to Benefit From a Potential Chinese Stimulus

After bottoming out in November, iron-ore prices have witnessed a solid recovery, driven by the reopening of the Chinese economy and the possibility of a government stimulus to aid the country’s revival. Hence, investing in major Rio Tinto (RIO) would be opportune. Read on….

StockNews.com

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Rio Tinto compo bill 'nothing like' $450m

Taxpayers are set to fund a compensation deal for Gladstone Power Station owner Rio Tinto over the coal price cap, but it will be "nothing like" $450 million.

AAP

Qld power plant set for coal cap compo

Taxpayers are set to fund a compensation deal of up to $450 million for Gladstone Power Station owner Rio Tinto over the coal price cap in Queensland.

AAP

Steel Stocks, Mining Giants React As China Iron Ore Consortium Enters Market

Steel stocks were mixed Friday as mining stocks dropped. A China-run consortium may soon be the biggest buyer of iron ore.

Investors Business Daily

Mining rollercoaster to ease in 2023

Commodity prices may slide in 2023 but Australia's glittering status as a friendly source of critical minerals and coal will sort the winners from the losers.

AAP

Tiwai Pt smelter owner looks to commission its own renewable power generation

Updated: A remorseful Rio Tinto promises to do better, after the mining and smelting company angered Southland, New Zealand and much of the world with its wanton disregard for local communities and the environment.

Newsroom.co.nz

Cumbria coalmine is owned by private equity firm with Caymans base

West Cumbria Mining, which set up Whitehaven office during push for new mine, owned by EMR Capital

The Guardian - UK

Rio Tinto signs remedy agreement with WA traditional owners after Juukan Gorge blasts

An Aboriginal corporation and Rio Tinto have agreed to create something positive out of the "continuing pain" caused by the mining giant's destruction of ancient rock shelters in WA's north.

ABC News

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AAP

Rio to fund foundation for Juukan owners

Rio Tinto will provide funding for a foundation providing extensive benefits to the traditional owners of the destroyed Juukan Gorge rock shelters.

Reuters

Rio Tinto reaches historic agreement with Juukan Gorge group

Global miner Rio Tinto Ltd has reached a restitution agreement with an Aboriginal group whose rock shelters in Western Australia it destroyed two years ago for an iron ore mine, the groups said on Monday.

Reuters

Factbox-Australia to raise protection for Aboriginal heritage after Juukan

Australia will strengthen laws to better protect Aboriginal cultural heritage following an enquiry into Rio Tinto's destruction of historically and culturally significant rock shelters at Juukan Gorge.

The Independent UK

Mine company's blasting of rock shelters likened to Taliban

An Australian minister has likened a mining company blasting ancient rock shelters to the Taliban’s destruction of giant Buddha carvings and vowed to improve protections of Indigenous cultural heritage

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The Guardian - AU

Labor commits to new Indigenous heritage protections but response to Juukan Gorge report angers traditional owners

Puutu Kunti Kurrama and Pinikura traditional owners say government should have consulted them about response to Rio Tinto’s destruction of sacred site

Reuters

Australia approves national plan to safeguard Indigenous heritage

Australia will strengthen laws to protect Aboriginal cultural heritage, Environment Minister Tanya Plibersek said on Thursday, following a review of mining standards after Rio Tinto's destruction of the sacred Juukan Gorge rock shelters.

ABC News

Government to legislate new protections after Juukan Gorge destruction

The federal government responds to an inquiry into Rio Tinto's destruction of a sacred site at Juukan Gorge, agreeing to legislate new cultural heritage protections and review the native title act.

AAP

Juukan owners lash out at govt response

The federal government has pledged to better protect Indigenous cultural heritage but the Juukan Gorge custodians say they weren't meaningfully consulted.

AAP

Alumina refines credible path to net zero

Clean energy and local expertise could transform alumina refining, which has been one of toughest sectors to crack in decarbonising the Australian economy.

ABC News

Big miners to fund WA 'legacy' infrastructure projects in new investment fund

Mark McGowan establishes an investment trust funded by the state's most prominent resource companies to realise 'legacy projects'.

Al Jazeera

Australian Indigenous leaders say ‘need to be’ at climate table

First nations representatives say the scale of the climate crisis requires ‘unprecedented collaboration’.

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