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IOC donates 34 hectares of land to Town of Labrador City
LABRADOR CITY, Canada – The Iron Ore Company of Canada (IOC) and the Town of Labrador City have signed an agreement whereby IOC will donate 34 hectares of land valued at approximately C$4.2 million to the Town of Labrador City.The donated land is made of 17 separate parcels located in different parts of the town that together represent an area equivalent to 48 football fields. A parcel will be dev
Rio Tinto releases fourth quarter production results
MELBOURNE, Australia--(BUSINESS WIRE)-- Rio Tinto Chief Executive Jakob Stausholm, said: “We were fatality free for the fourth consecutive year, as we continue to put safety at the forefront of everything we do. A number of operational records were achieved in the second half across the Pilbara iron ore mine and rail system. Deployment of our Safe Production System resulted in improved perform
Rio Tinto trials renewable diesel at U.S. operations
BORON, California and SALT LAKE CITY, Utah – Rio Tinto is progressing plans to swap conventional diesel for renewable fuel in haul trucks at its U.S. operations to reduce the carbon footprint of its fleet. The company successfully completed a renewable diesel trial at its U.S. Borax mine in Boron, California, and is now conducting a second trial at the Kennecott copper operations in Salt Lake