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KARRATHA, Australia--(BUSINESS WIRE)--Rio Tinto is today celebrating 60 years in Western Australia, marking the anniversary of the first shipment of iron ore from Dampier to Japan. The shipment departed on 22 August 1966 aboard the ship Houn Maru, following a landmark agreement with Japanese steel mills to buy 65.5 million tonnes of iron ore over 15 years. At the time, it was the largest export deal in Australia's history, and gave the commercial certainty needed to develop the Pilbara. Six dec.

Mining bosses say that regulatory scrutiny of major mergers is increasing as governments pay closer attention to critical minerals and security of supply ​in the face of a volatile geopolitical backdrop, but they do not see the shift as a fundamental barrier ‌to dealmaking.

Rio Tinto PLC has welcomed a long-term power agreement that will keep Australia's largest aluminium smelter operating until 2038, backed by A$1.1 billion of investment and a transition to 100% renewable electricity from 2033. The agreement between Tomago Aluminium, the Australian Government and the New South Wales Government provides a pathway for the smelter to remain internationally competitive after its existing electricity contract expires on December 31, 2028.

MELBOURNE, Australia--(BUSINESS WIRE)--Rio Tinto has welcomed the agreement announced today between Tomago Aluminium, the Australian Government and the New South Wales Government to secure the long-term future of Australia's largest aluminium smelter. The arrangements provide long-term certainty for Tomago Aluminium, its workforce, its customers and the Hunter region, delivering reliable, internationally competitive power to the smelter until 2038. Under the agreement, Tomago Aluminium will ent.

Australia on Thursday said it would provide A$2.5 billion ($1.76 billion) to help keep ​global miner Rio Tinto's Tomago aluminium smelter, ‌the country's largest, open beyond 2028, with more affordable and reliable power supply.

Panumre Liberum argue that copper offers gold's inflation protection, plus an industrial-backed demand growth story, as well as a relative immunity to movements in interest rates.