Rio Tinto

Anglo-Australian multinational mining company

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March 2025 Rio Tinto completed the acquisition of Arcadium Lithium, becoming the world's third-largest lithium miner.
October 2024 Rio Tinto announced the purchase of Arcadium Lithium for US$6.7 billion.
July 2024 A protest against Rio Tinto was held in Belgrade.
July 16 2024 The Serbian prime minister stated in an interview that cancelling the Rio Tinto project was a mistake and blamed the previous government for the company's presence in Serbia.
June 2024 The Serbian constitutional court reversed the government's previous decision to remove Rio Tinto from the project. The Serbian president announced expectations for the company to reveal final mine plans in July, with potential mine construction by 2028.
June 2024 A protest against Rio Tinto was held in Loznica in response to the constitutional court's decision.
July 2023 Rio Tinto acquired a 15% stake in the Australian exploration and development company Sovereign Metals for US $27.6 million.
March 6 2023 The US Securities and Exchange Commission (SEC) announced charges against Rio Tinto plc for violations of the Foreign Corrupt Practices Act related to a bribery scheme in Guinea. The company agreed to pay a $15 million civil penalty to settle the charges.
January 2023 Investigators successfully recovered the missing radioactive capsule, which was subsequently verified by the Australian Defence Forces.
January 2023 Rio Tinto announced the loss of a radioactive capsule during transportation from the Gudai-Darri mine in Western Australia, spanning a 1,400 km route between Newman and Perth.
2022 Rio Tinto ended its naming rights sponsorship of Utah Soccer Stadium.
2022 Rio Tinto released an independent report by Elizabeth Broderick detailing systemic workplace culture issues, including 21 complaints of actual or attempted rape or sexual assault over five years, revealing widespread bullying, harassment, and racism across the company.
March 2022 Rio Tinto completed the acquisition of Rincon Mining's lithium project in Argentina for $825 million.
2021 Rio Tinto announced a $7.5 billion capital expenditure plan to decarbonize, setting targets to cut Scope 1 and 2 emissions by 15% before 2025 and 50% by 2030, and Scope 3 emissions by 30% before 2030.
2021 Mass protests broke out in Serbia against Rio Tinto's planned lithium mine construction in Western Serbia. Protesters blocked major roads and bridges in Belgrade and other major cities, with incidents of violence including an attack by a ruling party member with an excavator and beatings by armed hooligans.
December 2021 Rio Tinto acknowledged concerns of local residents after Loznica's municipal assembly cancelled the land allocation plan for the lithium project.
March 2021 US Representative Raúl Grijalva introduced a proposal to halt the land transfer for the Resolution Copper mine project, following the Joe Biden administration's pause on the transfer.
January 2021 The Ranger mine plant completed processing of stockpiled ore.
January 1 2021 Jakob Stausholm became the new chief executive of Rio Tinto.
2020 End of the five-year period studied by the Australian Human Rights Commission investigating sexual harassment in the mining industry.
2020 Ranked 114th in the Forbes Global 2000 list of the world's largest public companies, demonstrating the company's significant global economic presence.
September 2020 Residents from the Bougainville region filed a request for investigation with the Australian government regarding environmental damages from the abandoned Panguna mine.
September 11 2020 CEO Jean-Sébastien Jacques and two other Rio Tinto executives announced their resignation as a result of the Juukan Gorge destruction.
August 24 2020 Rio Tinto announced that three senior executives would lose a combined £3.8 million from their expected bonus payments due to the Juukan Gorge incident.
August 4 2020 Rio Tinto submitted to a parliamentary inquiry, admitting it 'missed opportunities' to alter its mine plan and did not clearly communicate its destruction plans to native landowners.
June 9 2020 Reconciliation Australia revoked its endorsement of Rio Tinto as a partner in reconciliation action plans due to the Juukan Gorge incident.
May 31 2020 Rio Tinto apologized for the distress caused by the Juukan Gorge site destruction.
2019 Rio Tinto sold its remaining holdings in the Rössing uranium mine to China National Uranium Corporation Limited (CNUC) for an initial cash payment of $6.5 million, with a potential additional contingent payment of up to $100 million.
September 2019 Rio Tinto signed a partnership with China Baowu Steel Group to explore methods of reducing greenhouse gas emissions from steel making.
March 2018 Institutional investors urged Rio Tinto to set new rules aligning with Paris Agreement goals to limit global warming to 1.5 °C, which top executives rejected.
2017 Rio Tinto announced funding for the Koodaideri Mine in Western Australia, which was dubbed their 'intelligent mine', marking a significant step in their autonomous mining technology development.
July 2017 The Serious Fraud Office launched a fraud and corruption investigation into Rio Tinto's business practices in Guinea, causing the company's US shares to drop by 1.4%.
2016 Rio Tinto estimated to have produced 32 million tonnes of carbon dioxide equivalent in its own climate change report.
November 2016 Rio Tinto agreed to sell its stake in the Simandou iron ore mine to Chinalco and exit the project after its legal case against Vale and BSGR was dismissed in US District Court.
November 9 2016 Rio Tinto announced it would report findings of an internal probe into corruption allegations to multiple international regulatory bodies. Two top executives, including Alan Davies, were fired in connection with the investigation.
2015 Rio Tinto was publicly criticized by the Guinean government for extensive mining delays at the Simandou mine, with government official Cece Noramou stating they were 'running out of patience'.
2015 Start of a five-year period during which the Australian Human Rights Commission found approximately three in four women experienced sexual harassment in the mining industry.
2014 The United States agreed to transfer Oak Flat in Arizona to a joint venture between Rio Tinto and BHP Billiton for the Resolution Copper mine project, sparking environmental and Indigenous land use controversies.
2013 Rio Tinto sold the Riversdale Mining assets for $50 million, significantly less than the original acquisition price.
2013 Rio Tinto wrote down the value of Riversdale Mining assets by $3 billion, which was part of a larger $11 billion asset write-down. As a consequence, CEO Tom Albanese resigned from his position and left the company.
October 2013 Rio Tinto announced plans to establish a fully automated railroad system for iron ore transportation across the Australian outback, aiming to replace train drivers by 2015 as part of a US$518 million project to increase profit margins.
2012 Mining operations finished at the Ranger Uranium Mine.
2012 Rio Tinto exclusively provided the metals for the London Olympic and Paralympic Games medals, producing 4,700 gold, silver, and bronze medals.
January 28 2012 Rio Tinto gained control of Ivanhoe Mines and removed its management.
2011 Rio Tinto gained a majority stake in Riversdale Mining.
December 13 2011 An independent arbitrator cleared the way for Rio Tinto to take over Ivanhoe Mines, which developed the Oyu Tolgoi copper deposit in Mongolia.
November 2011 Rio Tinto and Chinalco established a new joint venture company, CRTX, to explore copper resources in China, with Chinalco owning 51% and Rio Tinto owning 49%.
April 22 2011 Rio Tinto, its subsidiary Simfer S.A., and the Guinean Government signed a settlement agreement securing mining rights in the southern Simandou concession.
2010 Concluded a period of significant financial expansion, with peak gross sales revenue and underlying net earnings.
2010 Former mining minister of Guinea, Mahmoud Thiam, alleged that the head of Rio Tinto's operation in Guinea offered him a bribe to win back control of the Simandou mine.

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