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Rio Tinto Completes Construction of Its Solar Power Plant at Diavik Diamond Mine
Rio Tinto's Diavik Diamond Mine has completed installation of its 3.5 megawatt capacity solar power plant in Canada's Northwest Territories. The project represents the largest off-grid solar power plant across Canada's
Market Chatter: Rio Tinto in Talks With Oyu Tolgoi Workers to Avert Another Strike
Rio Tinto (RIO) is in talks with workers at its Oyu Tolgoi copper operations in Mongolia to prevent another strike over a drop of up to 80% in wages due to changes in the country's labor laws, Reuters
Rio Tinto (RIO.US) negotiations with Mongolian copper mine workers deadlock, wages reduced by 80%, may trigger a new round of strikes.
According to the Wisdom Finance APP, global mining giant Rio Tinto (RIO.US) is in intense negotiations with workers at the Oyu Tolgoi copper mine in Mongolia to prevent a new round of strikes due to significant wage reductions. Earlier, the significant reduction of wages had led to strikes in May. In March 2023, Rio Tinto will transfer Oyu Tolgoi, one of the world's largest copper-gold mines, to underground mining, and plans to increase copper production to about 500,000 tons per year from 2028. Based on current market prices, this will bring Rio Tinto about $5 billion in revenue each year.
Rio Tinto in Talks to Avert Strike at Mongolian Copper Mine
Rio Tinto Group (RIO): Why Are Hedge Funds Bullish on This Lithium and Battery Stock Right Now?
Rio Tinto Announces Updated Share Capital