Solid first quarter for Rio Tinto

Rio Tinto reported a 14% increase in net profit to US$ 5.8 billion for the first half of 2024.

Rio Tinto marks a milestone with the shipment of 4 billion tonnes of Pilbara iron ore from Dampier Port to China Baowu Steel Group.

Rio Tinto’s investment in Guinea’s Simandou iron ore project is approved, enabling co-development of the infrastructure projects.

Rio Tinto and BHP will test large battery-electric haul trucks with Caterpillar and Komatsu in Pilbara to support their net-zero emissions goal by 2050.

An investigation has been launched following an iron ore train crash near Karratha involving a Rio Tinto autonomous train colliding with stationary wagons.

Rio Tinto to retrofit an owned vessel with fluidic air lubrication system from Alfa Laval.