Rio Tinto completes rollout of world-first autonomous iron ore rail operation

Rio Tinto has completed the rollout of its automated rail network in the Pilbara, Western Australia, which is the first heavy-haul, long distance autonomous rail operation in the world. The $940 million rail project, titled AutoHaul, focuses on automating trains to transport iron between Rio Tinto’s various port facilities in …

Rio Tinto Is Ready to Accept $3.5 Billion Deal to Exit Grasberg

Rio Tinto Group is ready to accept a $3.5 billion deal with Indonesia for its interest in the giant Grasberg copper and gold mine, according to people with knowledge of the discussions. A deal for Rio’s exit still depends on Freeport-McMoRan Inc. striking an agreement to transfer some of its …