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This discussion is now closed. We welcome comments on our articles for a limited period after their publication. An ultra-low latency infrastructure for electronic trading and data distribution A connected approach to governance, risk and compliance Our...
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The company will spend $518 million that will run the world's first driverless long-distance, heavy-haul rail network. The move is expected to help Rio address the skills shortage plaguing the resources sector and improve productivity at its Pilbara...
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Rio said a US$518 million investment would see the launch of the first driverless train in the vast and mineral-rich Pilbara region in 2014 with the full project scheduled for completion a year later. "Expanding Pilbara iron ore production is a...
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Mr Bush said companies were managing their finances conservatively - as they have since the onset of the GFC - and were responding to the market demand for short-term profits. He said the focus on dividends and short-term earnings was evident in reports...
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Tinto is investing $518 million in driverless trains for its 1,500 kilometer (930 mile) Western Australian iron-ore rail network, increasing network capacity as the world no. 2 iron ore miner aims to boost output 60 percent by 2015. It plans to launch...
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"Automation will help us meet our expansion targets in a safe, more efficient and cost-effective way," Rio Tinto iron ore chief Sam Walsh said in a statement. The company currently runs 41 trains with 148 locomotives and 9,400 iron ore cars. The move...
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Tinto has splashed out $US518 million ($481.86 million) on a project to run the world's first driverless long-distance, heavy-haul rail network. The first of the automated trains will be launched in Western Australia in 2014, Rio Tinto said in a...
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Tinto has splashed out $US518 million ($481.86 million) on a project to run the world's first driverless long-distance, heavy-haul rail network. The first of the automated trains will be launched in Western Australia in 2014, Rio Tinto said in a...
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Market Price at 8:30am AEST Change Since Australian Market Close Percentage Change AUD/USD 1.0779 0.0105 0.98% ASX (cash) 4191 -5 -0.12% US DOW (cash) 12953 211 1.66% US S&P (cash) 1363.0 15 1.11% UK FTSE (cash) 5921 71 1.21% German DAX (cash) 6882 222...
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Tinto ore train: Source: Supplied RIO Tinto has splashed out $US518 million ($A481.86 million) on a project to run the world's first driverless long-distance, heavy-haul rail network. The first of the automated trains will be launched in Western...
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Tinto has unveiled plans for a driverless train network to carry iron ore, sparking concerns about job losses. The $500 million automated rail network is expected to be running in Western Australia's north west by 2014. It is the world's first such...
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Tinto are looking at using driverless iron ore trains in the Pilbara region, which could put 500 train driver jobs at risk. Source: Supplied MINING giant Rio Tinto will restart its "driverless" trains program, revealing today a $US518 million investment...
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MELBOURNE Feb 20 (Reuters) - Rio Tinto is investing $518 million in driverless trains for its 1,500 kilometre Western Australian iron ore rail network, adding to the driverless trucks at its mines, the world no.2 iron ore miner said on Monday. ...
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Andrew Bolt Monday, February 20, 2012 at 06:06am The pressure for change is growing enough for the Opposition at some stage to take a risk: BHP Billiton, Rio Tinto, and Qantas have called for significant changes to the federal workplace laws , with BHP...
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Picture: Colin Murty Source: The Australian RIO Tinto will cut most of its 500 Pilbara train driver jobs in the next three years as it revives a $US518 million ($483m) plan to run its private West Australian iron ore railway with driverless trains. The...
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Tinto Group (RIO), the world’s second- biggest iron ore exporter, will invest $518 million for the first driverless long-distance trains to haul the commodity from its Western Australia mines to ports, boosting efficiency. The first automated train,...
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Rio Tinto (RIO) expects copper demand to double over the next 10 to 15 years. The world's top miners are striving to expand production. The fastest way to do that is by buying an active mine, so I believe that we will see an increasing trend of M & A...
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BOL – BOOM LOGISTICS – down two cents at 26.5 cents Crane logistics provider Boom Logistics Limited has signed a five-year deal to provide services to the BHP Billiton Olympic Dam maintenance operation in South Australia. John Gay, the former chairman...
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The “world leading” manufacturing plant proposed by international paint company AkzoNobel will bring 140 jobs to Ashington, Northumberland. The investment has been welcomed as it will help offset the economic damage set to be caused by the closure of...
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Alcan and Cahya Mata Sarawak (CMS), official records are showing that it is 100%-controlled by the Taib family’s business flagship CMS. The Australian High Commissioner in Malaysia, Miles Kupa, recently travelled to Sarawak to lobby for a deal between...
About Rio Tinto Plc
Wikipedia
Rio Tinto is a multinational mining and resources group founded originally in 1873. It is the third-largest coal mining company in the world as of fall 2008. Full Article
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Tom Albanese, Chief Executive, Rio Tinto, of Britain, attends a session at the World Economic Forum (WEF) in Davos, January 25, 2012.
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Rio Tinto CEO Tom Albanese addresses the Commonwealth Business Forum in Perth, Australia, Wednesday, Oct. 26, 2011.
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Rio Tinto CEO Tom Albanese attends the Commonwealth Business Forum in Perth on October 26, 2011 ahead of the Commonwealth Heads of Governments Meeting (CHOGM) this week. The CHOGM talks, to be opened by Britain's Queen Elizabeth II on October 28, will debate whether the body should...
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Rio Tinto Chief Executive Officer Tom Albanese addresses the forum "Africa: Reshaping Partnerships for Sustainable Growth" at a pre-summit business forum ahead of the Commonwealth Heads of Government meeting (CHOGM) in Perth October 26, 2011. CHOGM will be opened by Britain's Queen...
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Tom Albanese, Chief Executive of Anglo-Australian mining giant Rio Tinto, poses for pictures during a photocall in central London, on August 4, 2011. Anglo-Australian mining giant Rio Tinto on Thursday reported record underlying first-half earnings of US$7.8 billion, a 35 percent...
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AP Photo
The CEO of Rio Tinto Tom Albanese poses for photographs at the company's offices in the City of London, Thursday, Aug. 4, 2011. Mining giant Rio Tinto's six-month profit has jumped 30 percent to a record $7.6 billion. The Anglo-Australian company said in a statement Thursday that...
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Reuters Pictures
Rio Tinto Chief Executive Officer Tom Albanese poses for a photograph in London August 4, 2011. Global miner Rio Tinto reported a 35 percent jump in first-half profit on Thursday, below market expectations, but it sweetened the result with a $2 billion expansion to its existing $5...
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Reuters Pictures
A tipper truck climbs out of the Rio Tinto iron ore mine at Tom Price, about 1,300 km (800 miles) north of Perth, in this May 28, 2008 file photo. Global miner Rio Tinto reported a 35 percent jump in first-half profit on August 4, 2011, below market expectations, but it sweetened the...
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Reuters Pictures
A train loaded with iron ore travels towards the Rio Tinto Parker Point iron ore facility, as an empty train leaves, in Dampier at the Pilbarra region in western Australia in this April 20, 2011 file photo. Global miner Rio Tinto on July 14, 2011 posted a 12 percent rise in...
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A woman works at the Rio Tinto Operations Centre in Perth Western Australia in this September 24, 2009. file photo. Some Australian mine workers may soon find themselves trading in their steel-toed boots for a headset and computer mouse, as mining companies automate to help plug labour...
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A train loaded with iron ore travels towards the Rio Tinto Parker Point iron ore facility in Dampier in the Pilbara region of Western Australia April 20, 2011. Australia, with a population of 21.8 million, does not have the workforce to exploit its enormous natural bounty. The mining...
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Reuters Pictures
Vehicles transporting workers leave the Rio Tinto Parker Point iron ore facility in Dampier in the Pilbarra region of Western Australia April 18, 2011. The country's remote boom towns are experiencing acute labour shortages where a mine supervisor can earn in excess of $200,000. The...
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A boat navigates past the Rio Tinto Parker point Iron ore facility in Dampier at the Pilbarra region in Western Australia in this April 20, 2011 file photo. Australia's government plans to release draft legislation of its long-awaited and controversial mining tax later on Friday, the...
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AP Photo
Real Salt Lake plays the Seattle Sounders at Rio Tinto Stadium in Sandy, Utah, on Saturday, May 28, 2011. Seattle Sounders celebrate after they scored a goal against Real Salt Lake during the second half of an MLS soccer match in Salt Lake City, on Saturday, May 28, 2011.
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Rwanda's President Paul Kagame sits with Rio Tinto CEO Tom Albanese (C) and Paladin CEO John Borshoff (R) at the Commonwealth Business Forum in Perth on October 26, 2011 ahead of the Commonwealth Heads of Governments Meeting (CHOGM) this week. The CHOGM talks, to be opened by Britain's...
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Reuters Pictures
Rwanda's President Paul Kagame (R) shakes hands with Rio Tinto Chief Executive Tom Albanese during the forum "Africa: Reshaping Partnerships for Sustainable Growth" at a pre-summit business forum ahead of the Commonwealth Heads of Government meeting (CHOGM) in Perth October 26, 2011. ...
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Reuters Pictures
A combination photo shows, (clockwise, from L-R) a worker counting ingots of tin at a PT Timah smelter in Mentok, Indonesia February 22, 2007; locals of the Qiang ethnic minority picking tea leaves at a tea plantation in Yaan, Sichuan Province April 11, 2010; a tipper truck parked...
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Jan du Plessis, Chairman of Rio Tinto, talks as CEO Tom Albanese listens during Rio Tinto Annual General Meeting in Perth May 5, 2011. Rio Tinto, the world's third-largest miner, expects global markets to remain fragile in the near term and sees itself in a strong position to weather...
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Reuters Pictures
Tom Albanese, Chef Executive officer of Rio Tinto, attends the Annual General Meeting in Perth May 5, 2011. Rio Tinto, the world's third-largest miner, expects global markets to remain fragile in the near term and sees itself in a strong position to weather any turbulence, its chairman...
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Reuters Pictures
Jan du Plessis (2nd L), Chairman of Rio Tinto, stands up at the main table during Rio Tinto Annual General Meeting in Perth May 5, 2011. Rio Tinto, the world's third-largest miner, expects global markets to remain fragile in the near term and sees itself in a strong position to weather...
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Reuters Pictures
Jan du Plessis, Chairman of Rio Tinto, talks during Rio Tinto Annual General Meeting in Perth May 5, 2011. Rio Tinto, the world's third-largest miner, expects global markets to remain fragile in the near term and sees itself in a strong position to weather any turbulence, its chairman...
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Reuters Pictures
The share price indicator for mining giant Rio Tinto is seen in red at the Australian Stock Exchange (ASX) board in central Sydney in this May 3, 2010 file photo. The ASX experience has left SGX poorer and perhaps wiser. The Singapore exchange last week reported a lower-than-expected...
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Reuters Pictures
A demonstrator bursts balloons outside the Rio Tinto annual general meeting at the Queen Elizabeth Conference Centre in London April 14, 2011. Protesters are blaming the mining corporation for high levels of pollution in the U.S. state of Utah.
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Reuters Pictures
A demonstrator protests outside the Rio Tinto annual general meeting, blaming the mining corporation for high levels of pollution in Utah, at the Queen Elizabeth Conference Centre in London April 14, 2011.
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SYDNEY, AUSTRALIA - APRIL 14: Rio Tinto Managing Director David Peever speaks to the media during an Australian Olympic Committee sponsorship announcement at Sydney University on April 14, 2011 in Sydney, Australia.
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Reuters Pictures
Tom Albanese, Chief Executive, Rio Tinto, of Britain, attends a session at the World Economic Forum (WEF) in Davos, January 25, 2012.
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