Rio Tinto Shifts Growth Toward Simandou Iron Ore And Low Carbon Aluminium
Rio Tinto Group (LSE:RIO) is advancing work at the Simandou iron ore project in Guinea ahead of schedule, with initial shipments reported and key infrastructure close to completion. The company and partner Chinalco have acquired a controlling stake in Brazil based Companhia Brasileira de Alumínio, expanding Rio Tinto’s aluminium footprint. These moves are part of a larger push into high grade iron ore supply and low carbon aluminium, with potential implications for Rio Tinto’s future project...
Rio Tinto Group (LSE:RIO) is advancing work at the Simandou iron ore project in Guinea ahead of schedule, with initial shipments reported and key infrastructure close to completion. The company and partner Chinalco have acquired a controlling stake in Brazil based Companhia Brasileira de Alumínio, expanding Rio Tinto’s aluminium footprint. These moves are part of a larger push into high grade iron ore supply and low carbon aluminium, with potential implications for Rio Tinto’s future project...