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Rio Tinto logs smallest first-half profit in five years

Rio Tinto logged its smallest first-half underlying profit in five years and announced its lowest interim dividend in seven years today due to falling iron ore prices, as it flagged rising costs at its Pilbara sites.

Business • 30 Jul

Under the terms of the deal, Rio Tinto will gain access to lithium mines, processing facilities and deposits across four continents to fuel decades of growth

Rio Tinto agrees $6.7 billion deal for Arcadium Lithium

Rio Tinto said today it would acquire Arcadium Lithium for $6.7 billion, in an agreed all-cash deal that would make it one of the world's largest lithium producers.

Business • 09 Oct 24

If the deal with Arcadium goes ahead, it would turbo charge Rio's rise to become one of the largest producers of lithium behind Albemarle and SQM

Rio Tinto looks at Arcadium before lithium prices recover

Rio Tinto is in talks to buy lithium producer Arcadium Lithium, both companies confirmed today, with the global miner pouncing following a slump in prices for the ultralight metal essential to the world's shift to clean energy.

Business • 07 Oct 24

Rio Tinto owns an 80% stake in a joint venture with Russian aluminium producer Rusal

Rio Tinto first big miner to cut Russia ties

Rio Tinto became the first major mining company to cut ties with Russian businesses and Japan's Sony and Nintendo suspended deliveries of their gaming consoles, joining a global corporate exodus from Russia over its invasion of Ukraine.

Business • 10 Mar 22

Under the deal, Rio Tinto will supply aluminium produced with renewable power and respect for biodiversity to Nespresso, the world leader in the coffee pod market

Rio Tinto and Nespresso to make coffee pods greener

Nespresso, part of food giant Nestle, aims to use sustainable aluminium in all of its coffee capsules by 2020 under a deal with mining major Rio Tinto.

Business • 19 Nov 18

Rio Tinto has said it does not expect tensions over a global trade war to materially affect steel demand

Rio Tinto posts jump in iron ore output

Global miner Rio Tinto said its second-quarter iron ore shipments from Australia rose 14% and it indicated its annual production would be at the upper end of its guidance.

Business • 17 Jul 18