RIO Stock Recent News

Lion Copper and Gold Corp (TSX-V:LEO, OTCQB:LCGMF) announced that its Falcon Copper Corp controlled subsidiary has signed an Option to Joint Venture (JV) Agreement with Kennecott Exploration Company, a subsidiary of Rio Tinto, to advance exploration on Falcon's Cabin property and Kennecott's contiguous Muncy Creek property, collectively called the Schell Creek Project, in Nevada.  The resource project developer said the 9,000-acre Cabin property covers a prospective porphyry copper target, with historical drilling having intersected copper mineralization that provides evidence of a significant copper system extending under alluvial cover.

(Kitco News) - Rio Tinto (LSE: RIO) (ASX: RIO) announced on Tuesday it has partnered with Aymium to develop and trial a renewable biocarbon product for use as an alternative resource to reduce emissions in large scale industrial processes.

Rio Tinto on Wednesday said it has agreed to pay $28 million to settle a fraud case brought against it by the U.S. Securities and Exchange Commission (SEC) over claims the mining giant inflated the value of Mozambican coal assets that it acquired for $3.7 billion in 2011.

Rio Tinto Ltd (LSE:RIO, ASX:RIO, OTC:RTNTF) has reached a settlement with the US Securities and Exchange Commission (SEC) over a 2017 lawsuit related to the impairment of Rio Tinto Coal Mozambique (RTCM) in its 2012 accounts. The London-listed Australian mining big cap will pay a $28 million penalty and engage an independent consultant for advice on impairment disclosures and risk management, without admitting or denying the SEC's allegations.

(Kitco News) - After closure and rehabilitation of the refinery, mine site and tailings facilities, the land will be returned to be managed as Aboriginal land.

Rio Tinto's H1'23 and FQ3'23 results have shown great promise of growing iron ore production/ delivery at higher realized prices, likely to boost its FY2023 top and bottom lines. The commodity's spot prices have also recovered to a new high, with the contracted rates through 2024 suggesting the miner's excellent intermediate-term prospects. China's new social housing initiatives in 35 cities and $138B of government support may also "help end a multi-year property slump," while also sustaining iron ore's elevated prices.

Rio Tinto , agreed to pay a $28 million civil fine to settle a U.S. Securities and Exchange Commission lawsuit that had accused the Anglo-Australian mining company of fraud in its handling of a failed investment in a Mozambique coal project.

Graphene Manufacturing Group Ltd (TSX-V:GMG, OTC:GMGMF) is “genuinely excited” about the progress it has made in its partnership with global mining giant Rio Tinto Ltd (LSE:RIO, ASX:RIO, OTC:RTNTF) to explore graphene aluminium-ion batteries, according to CEO Craig Nicol. The partnership, first announced in May 2023, aims to propel the development of the batteries, with a focus on applications in the mining and minerals industry.

(Kitco News) - Rio Tinto announced today it has completed the acquisition of Pan American Silver's stake in Agua de la Falda and entered a joint venture with Chile's Codelco to explore and potentially develop the company's assets.

(Kitco News) - Mining and metals group Rio Tinto said today it is partnering with cable solution provider Prysmian to build a more sustainable North American supply chain for materials needed to expand power grids for the energy transition.