News Articles for Rio Tinto

Belmont-based NRW Holdings has been awarded a $140 million contract with Rio Tinto.

Architects have a saying about ‘less being more'. The mining industry has flipped that around with ‘more being less', as shown in this week's production reports and share prices of Fortescue Metals and BHP Billiton.

One of the state's largest Aboriginal trusts is being forced to further tighten its belt as its royalties from Rio Tinto's Yandi iron ore project continue to fall.

In a move to expand its presence in the mining services market, BGC Contracting will be forming a joint venture with South African firm DRA, the two companies announced today.

KPMG has named the eight businesses it has selected to participate in its recently announced technology accelerator Energise, which will be held in Perth.

Finalists in the 2015 Entrepreneur of the Year awards show how technology and innovation can enable rapid growth, even in mature industries.

A small batch of bauxite sent overseas for refining may signal the start of a much bigger play by Alcoa, which would have major consequences for WA's South West.

There is a range of reasons why bank shares have fallen lately, some from self-inflicted injuries and some due to a changing marketplace.

It has been a tough year for WA's once-vaunted resources stocks, as our annual TSR survey reveals. Click through to see more on our Shareholder Returns feature.

To best understand what's gone wrong with Western Australia's iron ore industry you need to start by looking back 12 years, to 2003, when an ambitious Andrew Forrest created Fortescue Metals Group.

Last year's Business News Rising Stars winner, emergency response and security services provider Executive Risk Solutions, has taken the top prize as the 2015 Telstra Western Australian business of the year.

WA business is well positioned to bring forward a new era of research and development in technology, but hurdles remain.

The Pilbara Ports Authority lifted throughput to a record 619.8 million tonnes in 2014-15, primarily on the back of a 21 per cent jump in iron ore shipments through Port Hedland offsetting a small decline at Dampier.

Mining services company Tempo Australia has been awarded about $5 million in new work and contract extensions for mining giants BHP Billiton and Rio Tinto's Pilbara operations.

Dull consumer spending growth and dramatically lower business investment are ahead for the state's economy in 2015-16, according to the latest Chamber of Commerce and Industry WA Outlook,

IT services company Empired is something of a rarity in Western Australian business, as it has been busy recruiting staff to support its expansion.

Bannister Downs Dairy Company managing director Sue Daubney has won the Industry Advocacy award at the 2015 Women in Industry Awards in Sydney.

Former Gindalbie Metals managing director Tim Netscher is set to take the helm of gold miner St Barbara, when Colin Wise retires from the role as non-executive chairman next month.

Perth IT company Empired has upgraded its revenue guidance for the financial year by $10 million, on the back of numerous recent contract wins totalling $65 million, and has more than doubled its staff since the start of the financial year.

The environmental watchdog has given its nod for Rio Tinto's proposed extension of the West Angelas iron ore project in the Pilbara.

New resources opportunities will emerge in WA as older projects start to wind down production, or are closed.

The independent directors of Energy Resources of Australia have quit after a disagreement with major shareholder Rio Tinto over the future of its Ranger uranium mine in the Northern Territory.

The chairman of a state inquiry into the impact of fly-in, fly-out work practices on mental health is confident Western Australia can enact a raft of recommendations to reduce suicides and improve wellbeing for the state's 60,000 Fifo workers, despite admitting the federal government's response to a recent similar national inquiry was ‘lame'.

Henderson-based engineering and construction firm Civmec has been awarded a number of contract wins and extensions, including more work on the new Perth Stadium, with a combined value of $68 million.

Perth's contemporary arts institute has increased its overall income by 96 per cent in nine years by diversifying its supporter base.

If you're wondering why the outlook for iron ore remains grim despite last night's price rise to a three-month high of $US63.10 a tonne, it is partly because Western Australia's iron ore miners have a new competitor – themselves.

Local IT firm Empired has won a $20 million contract to provide application managed services to mining giant Rio Tinto under a five-year term.

Mining giant Rio Tinto has been voted as Western Australia's most attractive employer at the annual Randstad Awards, a title it has won twice in three years.

It should be clear by now to Andrew Forrest that his campaign for a political inquiry into the iron ore industry has done the company he runs, Fortescue Metals Group, more harm than good – and might even have stirred up trouble for another local billionaire, Gina Rinehart.

The ‘iron ore wars' and budget battles are defining where power and influence lies in business and politics in WA. Read our latest Most Influential feature to see who is on the rise, whose influence is waning and who has dropped off the list.

The new chair of the University of Western Australia's Energy and Minerals Institute says scientists and researchers need to deliver tangible results to their industry partners.

Prime Minister Tony Abbott has declared support for an inquiry into the iron ore industry, providing a huge boost for the campaign being waged by Fortescue Metals Group chairman Andrew Forrest against his two biggest competitors.

Rio Tinto's logo will soon be installed on the highest vantage point in Perth's CBD, a move that suggests the mining giant intends to remain at its current office accommodation and not seek to anchor a new building.

Premier Colin Barnett has rejected calls for a parliamentary inquiry into the iron ore industry, despite repeating his criticism of the major producers.

The view from outside of Australia is particularly upbeat for WA, so maybe it's time to focus on the positives.

Rio Tinto and BHP Billiton have highlighted their competitive advantage in the iron ore market, with BHP predicting further large reductions in its operating costs in the Pilbara and Rio detailing the big price discount Fortescue Metals Group has to accept for its products.

As smaller iron ore miners scramble to cut costs to deal with falling prices, another hurdle looms – customers' preference for quality.

Mining industry groups in Perth and Canberra have come out today in favour of free markets in the iron ore industry, after Fortescue Metals Group chairman Andrew Forrest criticised the actions of heavywights Rio Tinto and BHP Billiton.

Rio Tinto reaffirmed today plans to continue its brownfield iron ore expansions in the Pilbara but has noted all new mine developments are still on hold, leaving a question mark over when it will reach its 360 million tonnes per year production target.

Mathematically it's impossible, but in about 11 days Australian investors will discover whether one plus one can add up to more than two – because that's the day the son of BHP Billiton, South32, lists on the ASX.