Rio Tinto plc

British and Australian investment funds said on Monday that Rio Tinto's testimony last week over its destruction of ancient caves in Australia raised questions about the accountability of its senior leadership.

Rio Tinto <RIO.AX> did not tell Aboriginal traditional owners of two ancient caves destroyed to mine iron ore about three alternative mine plans, its CEO told an inquiry on Friday, despite saying it had won fully informed consent for blasting.

A federal appeals court has partially revived a proposed class action against mining giant Rio Tinto and former top executives stemming from the company's failed venture in Mozambique.

Rio Tinto said on Thursday it approved nearly $200 million for its Jardar lithium project in Serbia that will be used to fund its feasibility study.

Rio Tinto said on Wednesday it saw a sharp V-shaped recovery in China as stimulus spurred industrial activity, helping its first-half profit handily beat market expectations.

Anglo-Australian miner Rio Tinto's first-half profit fell 4% on Wednesday, as coronavirus-driven disruptions spurred a drop in copper shipments, overshadowing the impact of higher iron ore prices.

Rio Tinto on Friday reported a 1.5% rise in iron ore shipments for the second quarter and said demand for the steelmaking ingredient was improving in China as its economy recovers from the coronavirus outbreak.

Rio Tinto said on Thursday it will close its aluminium smelter operation in New Zealand due to high costs and a challenging market, putting over a thousand jobs on the line and dealing a blow to the country's top power producers.

China's Nanjing Iron & Steel Co Ltd said on Wednesday it has completed its first blockchain-backed trade in iron ore after booking a $16.87 million shipment of the steelmaking ingredient from a joint venture of miner Rio Tinto.

Rio Tinto on Friday cut estimated reserves at its underground copper mine extension in Mongolia and confirmed it would face delays and higher costs after ground instability forced it to redesign its mine plan.

Rio Tinto said on Friday that schedule and cost estimates for its Oyu Tolgoi project in Mongolia were in line with its earlier forecasts after completing an updated feasibility study for a new design in the mine.

Turquoise Hill Resources Ltd <TRQ.TO> said on Thursday it has decided to defer further discussions on any interim funding arrangements with Rio Tinto <RIO.L> for its Mongolian copper project.

* Rio Tinto will source power from China until plant is on stream (Adds background, context, analyst comment)

Rio Tinto on Friday launched a board-led review into how the miner destroyed two ancient and sacred Aboriginal caves in Western Australia, stepping up its response to the blasts after weeks of public criticism and shareholder dismay.

Rio Tinto said on Friday it will look at ways to improve its internal processes and governance after drawing the ire of indigenous groups and the Australian government for blasting two ancient sacred Aboriginal caves.

A lawyer for investors on Thursday urged the 2nd U.S. Circuit Court of Appeals in New York to revive a class action against mining giant Rio Tinto stemming from a failed mining venture in Mozambique.

The 2nd U.S. Circuit Court of Appeals in New York will hear arguments Thursday over whether to revive an investor class action against mining giant Rio Tinto stemming from a failed mining venture in Mozambique.

BHP Group will stick with its capital allocation framework despite the impact of the coronavirus pandemic while Rio Tinto is eyeing M&A, the chief executives of the miners said on Tuesday.

The world's top listed miner BHP Group said on Tuesday it had made its first yuan-denominated sale of iron ore to China Baoshan Iron & Steel Co Ltd (Baosteel) and would explore using blockchain for such transactions in future.