LSE:RIOMetals and Mining
Rio Tinto Weighs Boron Sale And Solar Deal As Valuation Stretches
Rio Tinto Group (LSE:RIO) is seeking buyers for its US boron assets, attracting interest from more than a dozen bidders.
The divestment process is part of a broader effort to reshape the company’s portfolio under new leadership.
Subsidiary Richards Bay Minerals has signed a new long term solar power purchase agreement in South Africa, linked to the Bolobedu solar farm.
The renewable power deal is intended to support decarbonisation targets and strengthen the group’s ESG profile.
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