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An influential investor group demands the world's largest polluters execute strategies for 'net-zero' carbon by 2050

The group formally urged 161 companies including Chevron, BP, Total, Shell, and Rio Tinto to cut em…

Shalini Nagarajan   


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Rio Tinto boss quits mining giant over outcry at blowing up of ancient Aboriginal caves for iron ore

Rio Tinto's CEO leaves global mining giant over outcry at blowing up of ancient Aboriginal caves da…

Kate Duffy   


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3 mins read

Rio Tinto says executives will lose their bonuses after blowing up 46,000-year-old rock shelters — but some say that's not enough

Rio Tinto's CEO will lose around $3.5 million in bonuses due to the destruction of Australian indig…

Barbara Smith,Associated Press   


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Rio Tinto beat expectations

Rio CEO Sam Walsh said: "Last year, we made a clear commitment to materially increase cash returns …

Alex Heber   


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Australia does an India, in its biggest crackdown on tax defaulters yet

Australia Monday announced plans to go after large multinational firms shifting profits offshore to…

AFP   


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Australian mining giant Rio Tinto is using these huge self-driving trucks to transport iron ore

BHP Billiton and Fortescue have also been testing the new technology, but Rio Tinto boasts the most…

Charles Clark   


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The World Will Never Be So Rich That It Stops Loving Diamonds

And based on the curves of Davies' chart, the point at which diamond demand reaches critical levels…

Sam Ro   


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1 min read

Rio Tinto Did Everything Wrong In A Deal That Was One Of The 'Worst Decisions Ever'

This deal is an important strategic lesson about the perils of success. Rio Tinto was flush with ca…

Max Nisen   


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The Departure Of Tom Albanese Marks The End Of The Decade That Changed Mining

The new chief executives will also have to keep an eye on spiralling costs while moving into new te…

The Economist   


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GM makes a $625 million lithium-battery move to shore up its EV supply chain

General Motors is investing $625 million in the domestic EV supply chain, partnering with Lithium A…

Grace Eliza Goodwin   


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3 mins read

Asia's stock markets tanked, marking several recent records in today's massive selloff

Asia markets saw a massive selloff on Monday, driven by the Bank of Japan's rate hike. US futures a…

Huileng Tan   


Kenneth Niemeyer   


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Companies that mine copper are making plans to go green so they can help the rest of the world do the same

Some of the world's biggest copper miners have agreed to clean up their operations. The world will …

Catherine Boudreau   


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A tiny highly radioactive capsule that was lost last month was finally found on the side of a road in Australia

The 870-mile long search for a tiny, dangerously radioactive capsule in Australia is finally over. …

Mia Jankowicz   


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1 min read

A mining company is sifting through mineral sludge for rare materials as disruptions dent the supply of critical tech components

Companies have had to resort to creative solutions to address the global supply-chain disruptions -…

Isabelle Lee   


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4 mins read

The dollar's dominance on the world stage isn't going away. Here's why.

Insider's Phil Rosen breaks down the strength of the greenback and recent discussions about it losi…

Phil Rosen   


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Iron ore is the latest commodity to hit a record high as the global economy reopens

"Market participants are trading iron ore derivatives like cryptocurrency...not based on fundamenta…

Will Daniel   


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Palantir slides 10% after posting unexpected loss in the 4th quarter

The data software company attributed losses in the final quarter of 2020 to operating expenses, inc…

Isabelle Lee   


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Vuzix sinks 22% after pricing $85 million stock offering at a steep discount to previous close

Vuzix priced a 4.15 million share stock offering at $20.50 on Friday, well below the company's prev…

Will Daniel   


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3 mins read

Coal mining is the most carbon-intensive fossil fuel produced. How hard is it to transition from coal to meet sustainability goals?

Coal is one of the largest targets in the divestment movement and transition to cleaner energy. But…

Karen K. Ho