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The Latest Breaking News from Simon Trott

Glencore and Rio Tinto are at it again – and it seems the markets smell action

Many of the old challenges remain but there are a number of reasons why this time a deal of some kind could be possible

The Guardian - UK

US economy added fewer jobs than forecast in December, but January interest rate cut very unlikely – as it happened

Economists say fall in US unemployment rate last month means Federal Reserve likely to leave borrowing costs unchanged at this month’s meeting

The Guardian - UK

Mega miner merger would knock BHP off world No.1 perch

One of Australia's biggest commodity companies is considering a $300 billion takeover pitch to form the world's largest mining group.

AAP

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Rio Tinto's New CEO Simplifies The Firm, Places Assets Under Review

Rio Tinto (NYSE:RIO) is undergoing a major restructure under a newly appointed CEO, Simon Trott, who took over the role on Monday. On Wednesday, he unveiled a radical simplification of the miner's operations into three core business units: iron ore, copper, and a combined aluminium–lithium group.

Benzinga

New Rio Tinto boss restructures mining firm’s operations

The Anglo-Australian company said it will review the future of two of its smaller divisions as a result.

Evening Standard

Rio Tinto Names Iron Boss Simon Trott As New CEO

Rio Tinto (NYSE:RIO) appointed Simon Trott as its next Chief Executive Officer, effective August 25, 2025. Trott, currently the head of the multinational miner's iron ore division, will be the fourth leader within the last ten years.

Benzinga

Global mining group taps Australian as new CEO

One of the world's largest mining companies, Rio Tinto, has promoted its Australian-based iron ore boss to become chief executive.

AAP

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Rio Tinto, Hancock Invest $1.6 Billion In Hope Downs 2 Expansion

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.

Benzinga

Juukan Gorge rehabilitation work underway three years after Rio Tinto blast

It's been three years since Rio Tinto blew up sacred rock shelters at Juukan Gorge in WA's Pilbara region. While nothing will make up for the destruction, traditional owners are working to rehabilitate the site.

ABC News

Rio Tinto to help rebuild flood-ravaged Fitzroy Crossing in lieu of payment for radioactive capsule search

Rio Tinto offers $4 million towards rebuilding flood-ravaged Fitzroy Crossing in WA's north, as payment for the painstaking search to find a tiny radioactive capsule it lost last month.

ABC News

Missing radioactive capsule FOUND after huge search - and it's the size of a pea

The miniscule capsule, which measures 8mm by 6mm, contains cauesium - which is commonly used in radiation gauges and emits dangerous emissions at the equivalent of undergoing 10 X-rays in an hour. It could cause skin burns and even cancer

Daily Mirror

Tiny radioactive capsule lost in Australian outback carries the equivalent of 10 X-ray blasts as fears mount it could be picked up by passing traffic

The item, which is 6 mm by 8 mm in size, may have been caught in the tires of passing vehicles and taken off track to where teams are searching.

Fortune

Australia mining company sorry for losing radioactive device

A mining corporation has apologized for losing a highly radioactive capsule over a 870-mile stretch of Western Australia

The Independent UK

A small radioactive capsule has been lost in Western Australia. Here's how authorities plan to find it

It has been five days since authorities found out a dangerous radioactive capsule was missing in Western Australia, but search efforts to find the tiny device across a 1,400 kilometre distance are ongoing.

ABC News

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Reuters

Rio Tinto apologises for loss of tiny radioactive capsule in Australian outback

Rio Tinto Ltd apologised on Monday for the loss of a tiny radioactive capsule that has sparked a radiation alert across parts of the vast state of Western Australia.

Daily Mirror

Highly radioactive cancer-causing capsule MISSING after mining company blunder

Rio Tinto Iron Ore has apologised for losing the highly radioactive object, prolonged exposure to which can cause cancer and skin burns

AAP

Rio Tinto launches missing capsule probe

Rio Tinto has announced an investigation into how a tiny, toxically radioactive capsule went missing on the journey from a WA desert mine site to Perth.

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'.

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ABC News

China's demand for Australian iron ore stalls, sending the price for our biggest earner spiralling

WA's iron ore miners are ramping up production with new mines, but with the commodity price falling, is it worth it?

ABC News

Female FIFO workers believe having more women in the industry would improve workplace culture

Female FIFO workers say it can be a "daunting" and isolating industry as the WA Minister for Mines calls for gender quotas to improve workplace culture.

ABC News

Culture of fear stops women reporting sexual assault, harassment on West Australian mine sites

Insiders say a culture of fear, silence and repression allowed inexcusable behaviour to be "swept under the rug" in the mining industry, and those factors are continuing to prevent women speaking out.

The Guardian - AU

Juukan Gorge traditional owners sign agreement with Rio Tinto to co-manage WA mining land

Puutu Kunti Kurrama and Pinikura people will have say on future of mines on native title area, two years after heritage site was blown up

The Guardian - AU

WA Aboriginal site near Rio Tinto mine more than 50,000 years old, new study reveals

Mining giant funded latest excavation at Yirra, which yielded stone tools, charcoal and bone showing habitation during the last ice age

ABC News

Western Australia's big miners step up measures to keep COVID-19 out of their workforces

Western Australia's iron ore miners are doing all they can to prevent COVID-19 infiltrating their workforces.

ABC News

Omicron seeps into WA mine sites as BHP, 29Metals workers record positive COVID tests

Dozens of workers at a BHP mine site in the Pilbara are in isolation after a colleague tests positive for COVID, as Opposition parties call for the state to reopen on March 5.

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