Rio Tinto's lithium-borate Jadar project in Serbia is progressing to the feasibility study stage, the company said on Thursday July 30.

Rio Tinto is planning to step into the lithium industry in the United States following the booming prospects for the new energy vehicles (NEVs) sector.

Rio Tinto has cut its 2020 copper production guidance due to the Covid-19 pandemic and an earthquake last month at its Kennecott operations in the US state of Utah.

Rio Tinto has further cut its 2020 production guidance for refined copper, by about 16%, after delays to the restart of the smelter at its Kennecott mine in Utah in the United States, the company said this week.

Australian iron ore major Rio Tinto and China’s steel giant Baoshan Iron & Steel (Baosteel) have completed their first paperless, yuan-denominated iron ore deal, underlying both the increasing digitization of iron ore trades and importance of the Chinese currency, DBS Bank, which was one of the enablers of the deal, said on Tuesday May 12.

Movements in seaborne iron ore prices were largely rangebound on Wednesday July 27 amid thin buying interest and market volatility, sources told Fastmarkets

Global gross domestic product (GDP) growth and dry bulk trade are both facing uncertainty due to the spread of the novel coronavirus (2019-nCoV), though Chinese government stimulus measures are likely lend much-needed support, iron ore miner Rio Tinto said last week.

The London Metal Exchange announced Jean-Sébastien Jacques, chief executive of Rio Tinto, as the keynote speaker for this year’s LME metals seminar in October.

Rio Tinto Alcan has appointed Alfredo Barrios as its new ceo, it announced on Tuesday May 27.

Rio Tinto ceo Sam Walsh has reassured mining enthusiasts that there is more to the industry today than low prices and lacklustre deal activity.