Rio Tinto Group

Rio Tinto Group is a British-Australian mining group with its headquarters in London, and a management office in Melbourne. Founded in 1873, the group has grown to become one of the world’s leading producers of a range of commodities, including aluminium, iron ore, copper, uranium, coal, and diamonds. The company has operations on six continents but is mainly concentrated in Australia and Canada, and owns gross assets valued at US$81 billion.

MINING

Rio Tinto may halt work at mine in protest at Mongolian demands

1 Feb 2013

Rio Tinto Group, based in London and the second-biggest mining company in the world, is discussing the suspension of building to protest at Mongolia's demands for a bigger stake in the project and...

Rio chief Albanese exits over failed deals

18 Jan 2013

Rio Tinto Group, the second-biggest mining company, will take about US$14 billion of write-downs for failed deals in aluminium and coal led by chief executive Tom Albanese, who will leave after...

Rating agency S&P says no respite for iron ore miners

2 Oct 2012

Global credit agency Standard & Poor’s said it saw little improvement in iron ore prices in the near-term and warned that smaller single-commodity miners could see their ratings slip.

Mongolian contract hangs on size of upfront payment

28 Dec 2010

International miners competing to develop a vast, untapped coal deposit in Mongolia are being selected based on how much money they will pay the poor nation's cash-strapped government to clinch...

Beijing's outside hires must relish a challenge

5 Sep 2010

Bosses brought in from outside a company are generally regarded as having a poor record for making a good business great or turning a troubled one around. It is therefore interesting to see...

Opinion

Wang Xiangwei

Super ministries may not be the right answer for mainland China

Alex Lo

Church developers remain unbowed by government rules

George Chen

A house is not a home until it becomes affordable

Stern who? Rio's China relations move on

You get the impression that Stern Hu is one name that Rio Tinto chief executive Tom Albanese never wants to hear again.

Hung out to dry

Judgment has been reached in the Rio Tinto case, with all four defendants predictably found guilty on charges of bribery and theft of commercial secrets. However, the impact on business in China...

Rio Tinto duo appeal against bribery and theft convictions

Two of the four Rio Tinto employees jailed by a Shanghai court last week after a closed-door trial are appealing against their convictions for accepting bribes and theft of commercial secrets....

Sham trial does more harm than good, again

Beijing could have used the trial of Australian mining executive Stern Hu and three Chinese colleagues to prove its pledges of legal reform were genuine. Instead, the manner in which it was...

Rio Tinto debacle exposes flaws of legal system

Beijing is justifiably proud of its economic achievements. The government can point to surging vehicle sales, mammoth infrastructure projects and ritzy shopping malls as evidence of progress.

Valin gets 17.4pc Fortescue stake while Minmetals revises OZ bid

Hunan Valin Iron & Steel has received Australian government approval to take a 17.4 per cent stake in Fortescue Metals Group while China Minmetals Corp has submitted a revised offer for OZ...