Investor lashes Takeovers Panel over Rio’s ERA mop-up
Uranium investor Willy Packer has blamed ‘wokeism at its worst’ for events related to Rio Tinto-backed ERA and the disputed Jabiluka mine lease.
Rio Tinto
Rio’s red alert on green laws killing mining
In a swipe at moves to rewrite national environmental laws and the consultation process to date, Rio Tinto has called on the Albanese government to embrace ‘different perspectives’ and ‘practical thinking’.
Bat with bite puts end to ore plan
Rio Tinto and its partner in the Rhodes Ridge joint venture have informed regulators they will no longer push ahead with a long-awaited proposal to mine the Giles Mini deposit near Newman due to its impact on potential roosting sites for the vulnerable Ghost Bat.
Cobar Basin ripe for consolidation
Fresh from Rio Tinto striking a $10bn agreement to buy Arcadium Lithium, deal-makers in the mining space could soon be turning their attention to the Cobar Basin in central NSW.
How Rio’s powerplay is rewriting the rules of lithium
The mining giant’s $10bn bet has electrified the struggling industry. However, Rio will bring a different mindset to lithium.
Will Rio’s $9.9bn Arcadium deal fuel lithium buying frenzy?
Market watchers are turning their attention to Arcadium Lithium’s rivals to determine whether they could also be a takeover target.
Rio Tinto’s lithium play ‘to fast-track mine expansions’
Rio Tinto’s near-$10bn takeover of Arcadium Lithium has been backed by analysts who argue a buy rather than build strategy is less risky amid the continuing slump in prices.
Rio chief’s lithium bet to play out over decades
Rio Tinto now becomes one of the world’s most influential lithium producers bringing balance sheet heft and credibility to the temperamental metal.
‘Risk worth taking’: Rio Tinto lands lithium giant Arcadium
At $9.9bn, the mining giant is paying a high premium to become one of the world’s biggest lithium producers, as it bets on the future of the critical battery material.
Why Rio’s $9.9bn Arcadium Lithium buy is a steal
Rio Tinto’s agreement to buy Arcadium Lithium in a transaction valuing the target at $9.92bn is still a bargain for the mining giant, according to some experts.
ASX 200 trims gains; Rio Tinto acquires Arcadium Lithium
Rio buys lithium player for $US6.7bn. Commodity price falls, China disappointment weigh on Aussie producers. NZ’s central bank cuts rate by 50 basis points, as expected. Shares in Cettire, Zip jump.
UBS on defence for Arcadium Lithium
Investment banks are burning the midnight oil for what could be one of the country’s biggest lithium deals.
IGO ‘leads race’ for Rio’s Winu copper-gold deposit
IGO could be the frontrunner for Rio Tinto’s Winu Project, although BHP spin-off South32 is also said to be interested.
The powerful message behind Rio CEO’s big lithium bet
With all the focus on copper, the global miner is pivoting towards a metal which few of its rivals are taking seriously. This is why.
Rio Tinto confirms takeover approach to Arcadium Lithium
Rio Tinto has made a takeover approach to Arcadium Lithium which, if successful, would deliver immediate mining and downstream conversion operations globally.
Analysts place $5bn-plus value on Rio’s takeover target
Rio Tinto has said it approached Arcadium Lithium for a potential acquisition, with analysts saying the smaller miner is worth at least $5bn.
ASX 200 rises on banks; Arcadium top gainer
Rio Tinto’s takeover approach lifts Arcadium Lithium appeal. West African Resources drops on Burkina Faso mining concerns. Qantas may avoid second strike after proxy backing.
Rio Tinto in talks to buy Arcadium Lithium in potential $US4bn-plus deal
Rio Tinto is capitalising on low lithium price levels by making an acquisition in the space.
Rio potentially eyeing off big lithium plays
Rio Tinto may join BHP in a big acquisition and some believe that a major deal in the lithium space may now not be too far away.
Rio and BHP say the net zero tailwind is at their backs
The push to re-industrialise Western economies and the transition to net zero will provide strong tailwinds for the mining sector for decades to come, both Rio Tinto and BHP believe.
Pink diamonds the foundation stone for $500k Argyle Quokkas
The world’s rarest diamonds have been crafted into three pink quokkas by Perth-based luxury jeweller Linneys, with each one expected to sell for more than $500,000.
IGO changes focus to M&A, considers acquiring Rio Tinto asset
Australian listed miner IGO is understood to be weighing the acquisition of one of Rio Tinto’s assets in Western Australia.
Net zero path a ‘slower burner’ in Australia: Rio Tinto
One of the nation’s largest producers of ore says the technology to create so-called ‘green steel’ is not yet available on a commercial scale in Australia or Asia.
Rinehart warns of funds exodus
Gina Rinehart has warned that the Albanese government’s industrial relations and environment policies risk alienating Australia’s two largest producers, Rio Tinto and BHP, and could drive the mining giants offshore.
Miners wary of threat from bargaining deal
Minerals Council of Australia boss Tania Constable said an IR ruling threatened to set a precedent which could be applied across the Pilbara’s powerhouse iron ore operations.
Rio offers to tip $760m into ERA for Ranger uranium clean-up
The mining giant will effectively take over Energy Resources of Australia, if it takes up most of the $880m capital raise to fund rehabilitation works at the Ranger uranium mine.
Why Australia’s wellbeing hinges on Pilbara battle
What do you get when you mix new IR laws, unions muscling their way into the mines and anti-mining sentiment from Tanya Plibersek? Nothing good.
Bonuses back as ASX acts like nothing has happened
ASX’s chairman got $550,000, its now CEO got $3.8m and others such as the chief risk and finance officers were paid as though the unfolding train wreck is nothing more than a technical glitch.
ALP secret taxpayer deal to aid Rio Tinto
Queensland taxpayers will fund a secretive financial support package to help mining giant Rio Tinto transition one of Australia’s biggest aluminium smelters to renewable energy.
Qld government forges deal with Rio to keep smelter viable
For an undisclosed amount of financial support, Rio Tinto has committed to running its Boyne aluminium smelter in the industrial city of Gladstone at full capacity until 2040.
Original URL: https://www.theaustralian.com.au/topics/rio-tinto/page/3