Rio Tinto coal news

Following the destruction of the Juukan rockshelters in May 2020, the Board of Rio Tinto has engaged extensively with shareholders, Traditional Owners, Indigenous leaders and other stakeholders

Rio Tinto has reiterated its determination to ensure that the destruction of heritage sites of exceptional archaeological and cultural significance, such as the Juukan rockshelters, never occurs again.

Rio Tinto, Turquoise Hill and the government of Mongolia have reached an agreement on the preferred domestic power solution for Oyu Tolgoi.

As a result of separate actions by the Premier of Quebec and the President of South Africa to contain the spread of COVID-19, Rio Tinto has decided to slow down some of its operations.

Rio Tinto will appoint three new independent non-executive directors to the board.

Rio Tinto has awarded Perth-based company Mondium a contract valued at approximately AUS$400 million for the design and construction of a mine in Western Australia.

Through the sale of Rio Tinto assets, the Queensland coal industry will continue to generate the jobs and export revenue that keeps the state strong.

Rio Tinto’s Queensland coal assets have been sold for a total of AUS$3.95 billion.

Rio Tinto has completed the 75% interest sale of Winchester South for AUS$200 million.

In the past week, Rio Tinto has announced three separate deals that complete its exit from coal. In this article, Viktor Tanevski, a senior research analyst at Wood Mackenzie, offers his analysis.