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Rio Tinto Group (RTNTF)

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72.45+0.96 (+1.35%)
As of 10:10AM EDT. Market open.
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  • Reuters

    UPDATE 1-U.S. court upholds Arizona land swap deal for Rio Tinto copper mine

    A U.S. appeals court has ruled that the federal government may give thousands of acres in Arizona to Rio Tinto Plc for a copper mine, upholding a lower court's ruling and rejecting a request from Native Americans who said the land has religious and cultural import. The 2-1 ruling from the San Francisco-based 9th U.S. Circuit Court of Appeals, issued late Friday night, essentially defers to a 2014 decision made by the U.S. Congress and then-President Barack Obama to give the land to Rio for its Resolution Copper project as part of a complex land swap deal. Apache Stronghold, a nonprofit group comprised of members of the San Carlos Apache tribe and others, said it would appeal to the U.S. Supreme Court.

  • Reuters

    U.S. court upholds Arizona land swap deal for Rio Tinto copper mine

    (Reuters) -A U.S. appeals court has ruled that the federal government may give thousands of acres in Arizona to Rio Tinto Plc for a copper mine, upholding a lower court's ruling and rejecting a request from Native Americans who said the land has religious and cultural import. The 2-1 ruling from the San Francisco-based 9th U.S. Circuit Court of Appeals, issued late Friday night, essentially defers to a 2014 decision made by the U.S. Congress and then-President Barack Obama to give the land to Rio for its Resolution Copper project as part of a complex land swap deal.

  • Reuters

    UPDATE 1-Rio Tinto to help Mongolia tackle climate change, desertification

    Rio Tinto Ltd on Friday signed an agreement with Mongolia's environment ministry to address climate change and desertification issues in the country where the global miner operates the massive Oyu Tolgoi copper mine. Between 2022 and 2026, the Anglo-American miner's local unit will help the east Asian country tackle its national climate change commitments, as the region faces increasing number of natural and climate disasters, including forest fires and droughts. Oyu Tolgoi is one of the world's largest-known copper and gold deposits located in the South Gobi region of Mongolia, a land-locked nation between China and Russia prone to earthquakes and natural disasters.