Rio Tinto Copper Mine Boosted
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When Jakob Stausholm took the top job at Rio Tinto Group, his task was to repair the reputation of a company that had just blasted through a 46,000-year-old sacred Aboriginal site and bungled its response.
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Rio Tinto Group (NYSE:RIO) announced that it has been selected as the preferred partner for the Salares Altoandinos lithium project in Chile’s Atacama region. This was announced by Empresa Nacional de Minería/ENAMI,
Rio Tinto surprised investors with its announcement that CEO Jakob Stausholm will step down later this year once a successor is appointed, sparking speculation over potential candidates,
Rio Tinto Group plans to spend as much as $1.2 billion by 2032 to modernize its 99-year-old power plant in Quebec, despite tariffs implemented by the Trump administration on Canadian imports of aluminum.
Rio Tinto Group (NYSE:RIO) will start early construction and engineering studies to boost bauxite production at its Amrun mine on the Cape York Peninsula in Queensland. By adding up to 20 million tonnes a year to the current 23 million tonnes,
Rio Tinto CEO Jakob Stausholm, who in his 4-1/2 year tenure oversaw a big bet on lithium and a cultural overhaul at a firm strongly criticised for workplace toxicity, is to step down, the miner said on Thursday in a surprise to investors.
Rio Tinto and Codelco formed a joint venture to develop a high-grade lithium project in Chile. Read why this partnership is bullish for lithium and investors in the LIT ETF.
Rio's operations improved under Jakob Stausholm, but investors questioned his lack of technical expertise from the start.
The world's largest iron ore miner, took investors by surprise when it said its CEO will step down later this year.
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