Tag Archives: IRONOR

Rio Tinto apologises for loss of tiny radioactive capsule in Australian outback

MELBOURNE, Jan 30 (Reuters) – Rio Tinto Ltd (RIO.AX) apologised on Monday for the loss of a tiny radioactive capsule that has sparked a radiation alert across parts of the vast state of Western Australia.

The radioactive capsule, believed to have fallen from a truck, was part of a gauge used to measure the density of iron ore feed which had been entrusted to a specialist contractor to transport. The loss may have occurred up to two weeks ago.

Authorities are now grappling with the daunting task of searching along the truck’s 1,400 kilometre (870 mile) journey from north of Newman – a small town in the remote Kimberley region – to a storage facility in the northeast suburbs of Perth – a distance longer than the length of Great Britain.

The task, while akin to finding the proverbial needle in a haystack, is “not impossible” as searchers are equipped with radiation detectors, said Andrew Stuchbery who runs the department of Nuclear Physics & Accelerator Applications at the Australian National University.

“That’s like if you dangled a magnet over a haystack, it’s going to give you more of a chance,” he said.

“If the source just happened to be lying in the middle of the road you might get lucky…It’s quite radioactive so if you get close to it, it will stick out,” he said.

The gauge was picked up from Rio’s Gudai-Darri mine site on Jan. 12. When it was unpacked for inspection on Jan. 25, the gauge was found broken apart, with one of four mounting bolts missing and screws from the gauge also gone.

Authorities suspect vibrations from the truck caused the screws and the bolt to come loose, and the radioactive capsule from the gauge fell out of the package and then out of a gap in the truck.

“We are taking this incident very seriously. We recognise this is clearly very concerning and are sorry for the alarm it has caused in the Western Australian community,” Simon Trott, Rio’s iron ore division chief, said in a statement.

The silver capsule, 6 millimetres (mm) in diameter and 8 mm long, contains Caesium-137 which emits radiation equal to 10 X-rays per hour.

Authorities have recommended people stay at least five metres (16.5 feet) away as exposure could cause radiation burns or radiation sickness, though they add that the risk to the general community is relatively low.

“From what I have read, if you drive past it, the risk is equivalent to an X-ray. But if you stand next to it or you handle it, it could be very dangerous,” said Stuchbery.

The state’s emergency services department has established a hazard management team and has brought in specialised equipment that includes portable radiation survey meters to detect radiation levels across a 20-metre radius and which can be used from moving vehicles.

Trott said Rio had engaged a third-party contractor, with appropriate expertise and certification, to safely package and transport the gauge.

“We have completed radiological surveys of all areas on site where the device had been, and surveyed roads within the mine site as well as the access road leading away from the Gudai-Darri mine site,” he said, adding that Rio was also conducting its own investigation into how the loss occurred.

Analysts said that the transport of dangerous goods to and from mine sites was routine, adding that such incidents have been extremely rare and did not reflect poor safety standards on Rio’s part.

The incident is another headache for the mining giant following its 2020 destruction of two ancient and sacred rock shelters in the Pilbara region of Western Australia for an iron ore mine.

Reporting by Melanie Burton; Editing by Edwina Gibbs

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Ford announces series of deals to accelerate EV push

Ford CEO Jim Farley attends the official launch of the all-new Ford F-150 Lightning electric pickup truck at the Ford Rouge Electric Vehicle Center in Dearborn, Michigan, U.S. April 26, 2022. REUTERS/Rebecca Cook/File Photo

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DETROIT, July 21 (Reuters) – Ford Motor Co (F.N) on Thursday announced a series of deals to accelerate its shift to electric vehicles, including sourcing battery capacity and raw materials from such companies as Chinese battery maker CATL (300750.SZ) and Australian mining giant Rio Tinto (RIO.AX).

The deals are part of Ford’s push to have its annual EV production rate globally reach 600,000 vehicles by late 2023 and more than 2 million by the end of 2026. Ford said it expects a compound annual growth rate for EVs to top 90% through 2026, more than doubling the forecast industry growth rate.

“We are putting the industrial system in place to scale quickly,” Ford Chief Executive Jim Farley said in a statement.

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In March, Ford boosted its planned spending on EVs through 2026 to $50 billion from its prior target of $30 billion, and reorganized its operations into separate units focused on EVs and gasoline-powered vehicles with Ford Model e and Ford Blue, respectively. read more

The Dearborn, Michigan-based company also said at the time that its EV business would not be profitable until the next-generation models begin production in 2025.

As part of its push to boost capacity, Ford said it is adding lithium iron phosphate (LFP) cell chemistry for EV batteries to its portfolio, alongside nickel cobalt manganese (NCM). Ford said it has secured all of the 60 gigawatt hours (GWh) of cell capacity needed to support the 600,000 run rate.

The U.S. automaker said CATL will provide full LFP battery packs for the Mustang Mach-E crossovers for North America starting next year as well as the F-150 Lightning pickups in early 2024.

The company is also working with LG Energy Solution and its long-time battery partner SK Innovation.(096770.KS)

Ford said it has now sourced about 70% of the battery cell capacity it needs to achieve its annual production rate of more than 2 million by late 2026.

To support the battery cell deals, Ford said it is direct sourcing battery cell raw materials as well, announcing deals to acquire most of the nickel needed through 2026 and beyond through agreements with Vale SA’s units in Canada and Indonesia, China’s Huayou Cobalt (603799.SS) and BHP .

It has also locked in lithium contracts through agreements with Rio Tinto, exploring a “significant” lithium off-take agreement from the mining company’s Rincon project in Argentina, Ford said. That is part of a multi-metal agreement that leverages Rio Tinto’s aluminum business and includes a potential opportunity on copper.

Ford announced other battery material deals. It signed a letter of intent with EcoPro BM and SK On to establish a cathode production plant in North America, an offtake agreement for ioneer Ltd (INR.AX) to supply lithium carbonate from Nevada beyond 2025, an agreement with Compass Minerals for lithium hydroxide and lithium carbonate from Utah, and an agreement for Syrah Resources(SYR.AX) and SK On for natural graphite from Louisiana.

The drive to the 600,000 EV run rate by late 2023 includes 270,000 Mustang Mach-E crossovers, 150,000 F-150 Lightning pickups, 150,000 Transit vans and 30,000 units of a new SUV for Europe whose production will significantly increase in 2024.

(This story corrects mention to Rio Tinto’s aluminum business, not Ford’s in paragraph 11)

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Reporting by Ben Klayman in Detroit; Editing by Bernadette Baum

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Elon Musk says Tesla open to buying a mining company

May 10 (Reuters) – Tesla Inc (TSLA.O) is open to buying a mining company if producing its own supply of electric vehicle (EV) metals would speed up worldwide adoption of clean energy technologies, Chief Executive Officer Elon Musk said on Tuesday.

Concern is mounting across the EV industry that there may not be enough supply of lithium, nickel, copper and other metals to match demand later this decade, fueling questions about whether Tesla would consider jumping into the mining sector.

“It’s not out of the question,” Musk told the FT Future of the Car 2022 conference. “We will address whatever limitations are on accelerating the world’s transition to sustainable energy. It’s not that we wish to buy mining companies, but if that’s the only way to accelerate the transition, then we will do that.”

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While the auto giant has EV metals contracts with suppliers across the globe, its goal to produce 20 million vehicles annually by 2030 – what Musk called an “aspiration, not a promise” – will require vastly more supplies of metals. Tesla produced just under 1 million EVs last year.

Other automakers and executives including Carlos Tavares, the CEO of Tesla rival Stellantis NV (STLA.MI), have warned the auto industry faces a metals supply shortage.

Tesla has no experience with the time-intensive and laborious task of building and operating a mine, so industry analysts have advised the automaker to focus on buying an existing operator.

Many in the mining industry have noted that buying an existing metals producer would cost far less than the $43 billion Musk offered to personally buy social media network Twitter Inc (TWTR.N)earlier this year.

Tesla has lithium supply deals with Ganfeng Lithium Co (002460.SZ), Livent Corp (LTHM.N)and Albemarle Corp(ALB.N), among others. The company’s lithium supply deal with Piedmont Lithium Inc (PLL.O) was put on hold last year.

Tesla has nickel supply deals with ValeSA (VALE3.SA) and Talon Metals Corp(TLO.TO).

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Reporting by Ernest Scheyder; additional reporting by Eva Matthews, Bernard Orr

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Report on Rio Tinto finds ‘disturbing’ culture of sexual harassment, racism, bullying

  • Rio releases external review of its workplace culture
  • Report finds widespread bullying, sexual harassment, racism
  • Rio CEO says findings “extremely disturbing”
  • Company says accepts all 26 recommendations

Feb 1 (Reuters) – A report released by Rio Tinto (RIO.AX), (RIO.L) on Tuesday outlined a culture of bullying, harassment and racism at the global mining giant, including 21 complaints of actual or attempted rape or sexual assault over the past five years.

Nearly half of all employees who responded to an external review of the miner’s workplace culture commissioned by Rio said they had been bullied, while racism was found to be common across a number of areas.

Rio Tinto Chief Executive Jakob Stausholm said the results were “disturbing” and the company would implement all 26 recommendations from the report by former Australian sex discrimination commissioner Elizabeth Broderick.

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“The eye opener for me was two-fold,” Stausholm told Reuters. “I hadn’t realised how much bullying exists in the company and secondly that it’s quite systemic – the three issues of bullying, sexual harassment and racism … that’s extremely disturbing.”

Rio Tinto launched the review in March last year, not long after Stausholm took over the top job in the wake of a widespread backlash against the company after it blasted the 46,000-year-old Juukan Gorge rock shelters to expand an iron ore mine.

More than 10,000 employees, nearly a quarter of its 45,000-strong workplace shared their experiences and views for the study.

The report found nearly 30% women and about 7% of men have experienced sexual harassment at work, with 21 women reporting actual or attempted rape or sexual assault.

Racism was a “significant challenge” for employees at many locations. People working in a country different to their birth experienced high rates of racism while nearly 40% of men who identify as Aboriginal or Torres Strait Islander in Australia had experienced racism.

“I have copped racism in every single corner of this company,” one employee was anonymously quoted as saying.

Rio said reforms will focus on a commitment from the company’s leadership to create a safe and inclusive working environment, including by increasing diversity within the company. It would also ensure the company’s remote mine site facilities are safe, and make it easier for staff to call out unacceptable behaviours.

“Clearly much more needs to be done to ensure the safety of workers in the resources sector,” said Owen Whittle, Secretary for UnionsWA, which represents over 30 workers groups which have over 150,000 members in Western Australia.

“With nearly half of the workforce reporting bullying, it is clear that they have failed workers over a long period of time and need to do far more to prevent harassment and bullying in workplaces,” he said.

SEXISM, RACISM

The Rio report comes ahead of the release of another report by the West Australia state government later this year on sexual harassment at mining camps in the state, which provides more than half of the world’s supply of iron ore.

Submissions to the inquiry last year said sexual harassment was rife at mining camps in Western Australia, which is home to mines of global firms including BHP Group (BHP.AX), Rio Tinto and Fortescue (FMG.AX).

A Western Australia state minister, Rita Saffioti, told Australia’s ABC News that she was very disturbed by the number of allegations.

“You want everyone to be able to feel safe in their workplace. Also in particular in those areas where you’re a bit more isolated from friends and family and you want to have the utmost protection from having that type of behaviour,” she said.

In a 2020 report, an Australian Human Rights Commission inquiry into sexual harassment found that 74% of women in the mining industry had experienced some form of sexual harassment in the past five years, partly due to a gender imbalance.

Nearly 80% of Rio Tinto’s workforce is male.

“Creating a safe, respectful work culture will encourage people of all backgrounds and diversity to thrive in our organisations,” Kellie Parker, the Australian CEO for Rio Tinto told Reuters.

Male and female employees in South Africa experienced the highest rates of racism. Employees spoke of the frequency of racism and its impacts on their confidence, self-esteem and work performance.

“Rio is a Caucasian oriented company,” one employee said in the report.

Rio said the report came at a pivotal time as workplace cultures shift against the backdrop of #MeToo, Black Lives Matter and other global movements, as well as an Australian inquiry into Rio’s destruction of Juukan Gorge, culturally significant rock shelters.

Stausholm said Juukan Gorge had triggered the biggest management change in the history of Rio and the new team wanted to drive more change.

“Its a matter of using the momentum of the moment now and try to move these actions forward fast because we cannot change these from one day to another.”

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Reporting by Praveen Menon; editing by Richard Pullin

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Australia records highest temperature in 62 years

SINGAPORE, Jan 14 (Reuters) – Another day, another heat record.

Australian authorities warned people to stay indoors on Friday as a severe heatwave along the northwestern coast pushed temperatures to a blistering 50.7 degrees Celsius (123 degrees Fahrenheit), hitting a high last seen 62 years ago.

Climate scientists and activists have raised alarm bells that global warming due to human-driven greenhouse gas emissions, especially from fossil fuels, is close to spiralling out of control.

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The planet’s hottest years on record have all been within the last decade, with 2021 being the sixth-hottest, data from the U.S. National Oceanic and Atmospheric Administration showed this week.

An iron ore mining region in the northwest, Australia’s Pilbara, where temperatures hit the record high on Thursday, is known for its hot and dry conditions, with temperatures usually hovering in the upper thirties this time of year.

A camel train carries tourists on a sunset safari along Cable Beach located near the northwestern Australian town of Broome May 17, 2013. REUTERS/Julius Hunter

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Australia is one of the world’s biggest carbon emitters per capita, but the government has refused to back down from its reliance on coal and other fossil fuel industries, saying to do so would cost jobs.

Scientists have found that rising temperatures can hit public health and outdoor labour productivity, resulting in billions of dollars in economic losses.

Australia lost an average of A$10.3 billion ($7.48 billion) and 218 productive hours every year in the last two decades because of heat, according to a global study published this week by researchers at Duke University. These losses will only deepen in the coming decades as the world heads toward global warming of 1.5 degrees above pre-industrial times, they warned.

“These results imply that we don’t have to wait for 1.5°C of global warming to experience impacts of climate change on labour and the economy … Additional future warming magnifies these impacts,” said lead author Luke Parsons.

($1 = 1.3763 Australian dollars)

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Editing by Karishma Singh

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Australian billionaire to help publishers strike content deal with Google, Facebook

Google logo and Australian flag are displayed in this illustration taken, February 18, 2021. REUTERS/Dado Ruvic/Illustration

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SYDNEY, Nov 22 (Reuters) – Australian mining billionaire Andrew Forrest’s philanthropic organisation will help 18 small news publishers in the country collectively negotiate with Google and Facebook (FB.O) to secure licensing deals for the supply of news content.

Forrest’s Minderoo Foundation on Monday said it would submit an application with the country’s competition regulator, the Australian Competition and Consumer Commission (ACCC), allowing the publishers to bargain without breaching competition laws.

Forrest, Australia’s richest man, is the chairman and the largest shareholder of iron ore miner Fortescue Metals Group (FMG.AX). He has a net worth of around A$27.2 billion ($19.7 billion), according to the Australian Financial Review.

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Facebook and Alphabet Inc’s (GOOGL.O) Google have been required since March to negotiate with Australian outlets for content that drives traffic and advertising to their websites. If they don’t, the government may take over the negotiation.

Both companies have since struck licensing deals with most of Australia’s main media companies but they have not entered into agreements with many small firms. The federal government is scheduled to begin a review of the law’s effectiveness in March.

Frontier Technology, an initiative of Minderoo, said it would assist the publishers.

“Small Australian publishers who produce public interest journalism for their communities should be given the same opportunity as large publishers to negotiate for use of their content for the public benefit,” Emma McDonald, Frontier Technology’s Director of Policy, said in a statement.

A Google spokesperson responded about the initiative by re-sending an earlier statement which said “talks are continuing with publishers of all sizes.” Facebook said it “has long supported smaller independent publishers.”

The 18 small publishers include online publications that attract multicultural audiences and focus on issues at a local or regional level, McDonald said.

The move comes after ACCC late last month allowed a body representing 261 radio stations to negotiate a content deal. read more

News organizations, which have been losing advertising revenue to online aggregators, have complained for years about the big technology companies using content in search results or other features without payment.

($1 = 1.3826 Australian dollars)

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Reporting by Renju Jose; editing by Diane Craft and Sam Holmes

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West African bloc resorts to sanctions over Guinea and Mali coups

ACCRA, Sept 16 (Reuters) – West Africa’s main regional bloc on Thursday imposed sanctions against the junta in Guinea and those slowing Mali’s post-coup transition – its toughest response yet to a run of military takeovers.

The move was agreed at an emergency summit of the Economic Community of West African States (ECOWAS) in Accra to respond to last week’s putsch in Guinea and perceived slow progress towards constitutional rule in Mali following a coup last year. read more

Regional heads of state decided to freeze the financial assets and impose travel bans on Guinea’s junta members and their relatives, insisting on the release of President Alpha Conde and a short transition.

“In six months elections should be held,” said ECOWAS Commission President Jean-Claude Kassi Brou at a briefing.

The bloc also piled more pressure on Mali’s transitional government, demanding they stick to an agreement to organise elections for February 2022 and present an electoral roadmap by next month, according to the post-summit communique.

Anyone in Mali hindering preparations for the elections faces the same sanctions as those imposed in Guinea, it said.

Leaders who took part in the summit hailed this more hardline stance. West and Central Africa has seen four coups since last year – political upheaval that has intensified concerns about a backslide towards military rule in a resource-rich but poverty-stricken region.

Special forces commander Mamady Doumbouya, who ousted President Alpha Conde, walks out after meeting the envoys from the Economic Community of West African States (ECOWAS) to discuss ways to steer Guinea back toward a constitutional regime, in Conakry, Guinea September 10, 2021. REUTERS/Saliou Samb

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“I welcome the strong actions of the summit to safeguard democracy, peace, security and stability in the subregion,” Senegalese President Macky Sall tweeted.

Coup leaders in Guinea are holding consultations this week with various public figures, groups and business leaders in the country to map a framework for the transition.

Late on Thursday they said they were also expecting a delegation of regional heads of state to visit Conakry for talks on Friday.

Soldiers behind the Sept. 5 coup have said they ousted Conde because of concerns about poverty and corruption, and because he was serving a third term only after altering the constitution to permit it.

Meanwhile the putsch in Mali was largely precipitated by a security crisis, which has seen militants linked to al Qaeda and Islamic State extend their influence across the north and centre of the country.

The new Malian authorities’ pledge to hold presidential and legislative elections early next year has been undermined by their failure to meet various deadlines, including the start of voter roll updates and the presentation of a new constitution.

The transition was dealt a further setback in May when the colonel who led the initial coup, Assimi Goita, ordered the arrest of the interim president and then took over the role himself. read more

Additional reporting by Saliou Samb in Conakry and Bate Felix in Dakar; Writing by Cooper Inveen, Bate Felix and Alessandra Prentice; Editing by Andrew Cawthorne, Marguerita Choy and Grant McCool

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