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In May 2008, Rio Tinto suffered a setback when the Federal Court of Australia rejected an attempt by Rio to block Fortescue from using their rail network. [20] Following this, in June 2010, the Australian Competition Tribunal ruled that Fortescue would be granted access to the Robe River line and BHP Billiton's Goldsworthy line but not to the ...
Chinalco currently owns 9.3% of Rio Tinto; the additional investment would have raised Chinalco's ownership stake in Rio Tinto to 18.5%. The proposed deal met strong political opposition in Australia, and Rio Tinto decided instead to raise the money through existing shareholders and by forming a joint venture with BHP Billiton. [11]
Rio Tinto Group is a British-Australian multinational company that is the world's second largest metals and mining corporation (behind BHP). [3] It was founded in 1873 when a group of investors purchased a mine complex on the Rio Tinto, in Huelva, Spain, from the Spanish government.
For weeks China has claimed that four Rio Tinto (RTP) executives engaged in espionage to get secrets about Chinese iron ore prices. One wild claim was that the espionage cost the world's most ...
Hu was formerly an executive of Rio Tinto mining group in Shanghai, [1] having graduated from Peking University before obtaining Australian citizenship in 1994. [2] He was released in July 2018 after serving eight years of a ten year prison sentence.
A number of train services have been affected by the car crash. ... Driver arrested after car crashes onto Manchester train tracks closing railway line. Bryony Gooch. February 7, 2025 at 6:23 AM ...
Ten policemen are arrested in Michoacán, Mexico, in connection with the murder of 12 federal police whose bodies were found piled next to a road. (France 24) [ permanent dead link ] 26 people are killed through electrocution, drowning and collapsing roofs in Karachi , Pakistan .
Indian authorities have arrested three railway officials as part of an investigation into one of the deadliest train crashes in the country’s history. Three railway officials arrested over train ...