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RIO Rio Tinto Limited

130.85
1.34 (1.03%)
26 Apr 2024 - Closed
Delayed by 20 minutes
Share Name Share Symbol Market Type
Rio Tinto Limited ASX:RIO Australian Stock Exchange Ordinary Share
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  1.34 1.03% 130.85 129.51 130.99 131.175 128.98 130.37 1,812,454 09:50:00

Rio Tinto Halts Richards Bay Minerals Operations, Declares Force Majeure on Contracts

30/06/2021 12:02am

Dow Jones News


Rio Tinto (ASX:RIO)
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From Apr 2021 to Apr 2024

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   By Rhiannon Hoyle 
 

SYDNEY--Rio Tinto PLC said it will cease operations at its South African mineral sands business, Richards Bay Minerals, because of an escalation in security issues.

The mining company said it has declared force majeure on customer contracts and will keep the operations shuttered until safety and security are improved.

"We continue to offer our full support to the investigating authorities and I would like to acknowledge the ongoing support of the regional and national governments and South African Police Service as we work together to ensure that we can safely resume operations," said Sinead Kaufman, chief executive of Rio Tinto's minerals business.

 

Write to Rhiannon Hoyle at rhiannon.hoyle@wsj.com

 

(END) Dow Jones Newswires

June 29, 2021 18:49 ET (22:49 GMT)

Copyright (c) 2021 Dow Jones & Company, Inc.

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