MELBOURNE, Australia, June 10, 2024--Rio Tinto has agreed to acquire Mitsubishi Corporation’s 11.65% interest in Boyne Smelters Ltd (BSL), which owns and operates the Boyne Island aluminium smelter in Gladstone, Australia.
CAPE TOWN, South Africa, June 06, 2024--Richards Bay Minerals (RBM) has signed a renewable power purchase agreement (PPA) with Khangela Emoyeni Wind Farm (Pty) Ltd to secure 140MW of wind energy from a new wind farm situated in the Western and Northern Cape Province. The project is expected to reduce RBM’s annual carbon emissions by 20%.
Key Insights Using the 2 Stage Free Cash Flow to Equity, Rio Tinto Group fair value estimate is UK£49.58 Rio Tinto...