- Reuters
Rio Tinto in talks to avert strike at Mongolian copper mine
Global miner Rio Tinto is negotiating with workers at its Oyu Tolgoi copper operations in Mongolia to avert further industrial action over a sharp drop in wages that triggered an earlier strike in May. Rio Tinto moved underground at Oyu Tolgoi, one of the world's largest copper-gold deposits, in March last year and is ramping up to produce around 500,000 tons of copper a year from 2028 onwards. The copper production would be worth some $5 billion annually at current prices, which have retreated below $10,000 a ton from a record near $11,000 a ton in May.
- Insider Monkey
Rio Tinto Group (RIO): Why Are Hedge Funds Bullish on This Lithium and Battery Stock Right Now?
We recently compiled a list of the 10 Best Lithium and Battery Stocks to Buy Now. In this article, we are going to take a look at where Rio Tinto Group (NYSE:RIO) stands against the other lithium and battery stocks. The pivotal role that lithium is playing in the market of batteries, solar panels, and […]
- Zacks
Rio Tinto (RIO) Invests $179M in Carbon-Free Aluminum JV
Rio Tinto (RIO) is set to deploy carbon-free aluminum smelting cells using the first ELYSIS license at its smelter in Canada, a significant step in its efforts to decarbonize its aluminum operations.
