Rio Tinto Group
Rio Tinto Group
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Rio Tinto has begun to wind down operations leading to the eventual closure of its Tiwai Point aluminium smelter in New Zealand, giving notice to power supplier Meridian Energy that its contract will end in August 2021.
The wind down of the NZ Aluminium Smelters business in Southland follows a strategic review that showed it was no longer viable due to high energy costs and the challenging short to medium-term outlook for the aluminum industry.
Rio Tinto subsidiary ERA has posted June half-year (H1FY2020) production from the processing of primary ore stockpiles at its Ranger project in Australia’s NT of 798t, down from 937t in the corresponding period.
The result keeps ERA in line with its FY2020 guidance of 1,200-1,600t.
ERA continues progressive rehabilitation of the mined-out Ranger project area continues, with revegetation of the Pit 1 area due to begin after backfilling is completed in H2.
Mining major Rio Tinto has reached an agreement with Mongolia to supply power to its Oyu Tolgoi copper-gold mine through a state-owned coal-fired power plant at Tavan Tolgoi expected to be commissioned within the next 4-years, Reuters reports.
The company says it will amend its current power supply agreement with the Mongolian govt by Mar 2021, under which the govt will begin construction of the coal-fired power plant by July 2021.
(HERITAGE)
The destruction of two rock shelters in Western Australia’s Pilbara region that were known to contain artefacts linked to more than 46,000 years of human habitation is triggering world mining leaders Rio Tinto and BHP to accept the need to reform their communications with traditional landowners.
Iron ore giant Rio Tinto has launched an internal review of its heritage management processes following a public furore in Western Australia over a mine blast that destroyed a 46,000-year-old Aboriginal heritage site at its Brockman 4 mine in the Pilbara last month.
The review by independent director Michael L’Estrange, a former senior Australian public servant and ambassador, will focus on the effectiveness of Rio’s internal heritage standards, procedures, reporting and governance relating to the Juukan Gorge blast.
Australian electrical and instrumentation services contractor Southern Cross Electrical Engineering says it will persevere with a $A10.5M claim plus interest, tax and costs against civil construction company Decmil over excess costs on the construction of non-processing facilities at Rio Tinto’s Amrun bauxite project in Qld.
Australian engineer Monadelphous has won new contracts and contract extensions at each of WA’s top 3 iron ore producers, among $A150M construction and maintenance works in the resources and energy sectors.
BHP awarded a contract associated with surplus water dewatering at Mining Area C under its WA Iron Ore asset panel framework agreement and extended its position for another 2 years on the site engineering panel.
Construction and engineering services group Civmec has lifted its recent projects with Rio Tinto to $A165M with the award of significant work on the iron ore major’s Robe Valley Sustaining project in the West Australian Pilbara.
Civmec will cover the supply, fabrication, modularisation, transportation, erection, modification, installation and commissioning of structural, mechanical, piping, electrical and instrumentation as well as communication work for the new wet plant at Rio's Mesa A operational hub.
TerraCom is taking “decisive action” to reduce operations and unit costs at its Blair Athol thermal coal mine in Queensland, Australia to cope with the market volatility resulting from the global COVID-19 pandemic.
Rio Tinto has committed to a near 500% increase in expenditure on the 2020 exploration program over the 1,330sqkm Citadel JV with Antipa Minerals in Western Australia’s exciting Paterson province.
The $A9.2M program includes up to 13,000m of combined RC and diamond resource drilling at the Calibre gold-copper deposit beginning this quarter as well as widespread survey, data processing and review work.