Rio Tinto signs agreements for proposed sale of Dampier desalination plant
The non-binding agreements with Yindjibarndi WaterCo aim to sell the plant and empower Traditional Owners.
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Global mining and metals company
riotinto.comLast updated
In short: Rio Tinto reported strong Q2 2026 results and reached an 8 billion tonne iron ore milestone while advancing low-carbon energy projects.
The non-binding agreements with Yindjibarndi WaterCo aim to sell the plant and empower Traditional Owners.
The five-year offtake with SuperChar Limited targets bio pellet use to reduce coal reliance at Gladstone refineries, with deliveries from 2028.
The milestone reflects nearly 60 years of supply from Pilbara to global customers, with around 7 ships loaded daily.
Copper equivalent production up 3% year-on-year in first half, with operational improvements across commodities.
The bank lifted its price target to 86 pounds from 81 pounds and pointed to higher free cash flow and dividend yields than BHP over...
Rio Tinto upgraded to Buy at Goldman Sachs, which expects further delivery and expansion of its cost-out program, as well as catalysts around a potential...
Rio Tinto and Glencore have posted near-record updates thanks to this year's sky-high commodity prices and the Middle East war.
Freight revenue soared 62.5% year-on-year to $1.3bn due to record high iron ore shipments of 157.7m tonnes TradeWinds depends on being able to display ads...
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