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Rio Tinto Wants to Invest More in US Copper Under Trump Tariffs
Rio Tinto Wants to Invest More in US Copper Under Trump Tariffs

Bloomberg

time11-07-2025

  • Business
  • Bloomberg

Rio Tinto Wants to Invest More in US Copper Under Trump Tariffs

Rio Tinto Plc says it has a 'strong desire' to invest in US copper mining following President Donald Trump's plans to levy imports of the critical metal. 'There is increasing recognition by the US government of the need for domestic sources of copper and other critical materials to support manufacturing and to power the country's energy future,' Chief Executive Officer Katie Jackson said in an emailed statement. 'We have a strong desire to invest more in American copper and we see significant opportunities to grow our business in the United States.'

Innocent hand luggage mistake could ruin your entire holiday
Innocent hand luggage mistake could ruin your entire holiday

Daily Record

time17-06-2025

  • Daily Record

Innocent hand luggage mistake could ruin your entire holiday

A travel expert claims stashing your passport in your cabin bags could bring your getaway to a premature end As the summer holiday season approaches, Brits are being advised to keep their passports handy and not tucked away in their hand luggage, or they risk being turned away at their destination. The official start of summer is this Saturday (June 21), and many Brits are eager to jet off to sunnier climes as soon as the school term ends. A recent YouGov poll has shown that Spain remains the top summer holiday destination for Brits (at 15.9%). Interestingly, the UK comes in second, with 14.3% of adults opting for a staycation. Italy and Greece are joint third, with 9.3% of tourists hoping to visit either country. ‌ With so many people keen to get away, there's an equal number making sure their passports are with them and up-to-date. In the first quarter of this year alone, more than two million passports were issued (2,035,154), according to HM Passport Office. Although this figure is 13% lower than the same period last year, the appetite for travel remains strong. ‌ Once at the airport, the temptation to put your passport in your cabin bag rather than keeping it in your pocket or passport holder can be high. But could this potentially ruin your holidays? One travel expert has cautioned that passengers may face issues if they are forced to check their oversized cabin bags, particularly if their passport is stored in the luggage. Travel writer Katie Jackson emphasised the importance of keeping passports within one's reach, warning that failure to produce the document at passport control could result in being denied entry at the destination. Writing for US magazine Travel and Leisure, she explained: "If you put your passport in your carry-on and are forced to check it at the gate (and forget to take it out before boarding your plane), you could find yourself in a serious predicament. "For starters, if you're flying internationally, you typically go through immigration, also known as passport control, prior to being reunited with your checked luggage and going through customs. Without your passport, you could be denied entry to your destination or face a fine." The situation can become even more complicated for those with connecting flights, as Katie noted: "If you're connecting to a domestic flight, you could easily miss that flight, too. For example, if you're flying from New York to Naples via Rome, and you don't have your passport with you when you land in Rome and go through immigration, you may miss your connecting flight." ‌ To highlight the importance of keeping travel documents safe, Katie recounted how a British pair were sent packing from Greece in 2018 after they disembarked without their passports. Lewis Mundy and Kimberley Floyd were plunged into a distressing situation when they discovered they had left their passports in the seat pockets on the plane upon landing in Kos. Despite swift attempts to recover the missing items, Tui staff failed to locate the passports, resulting in the couple being placed on a return flight to the UK within 30 minutes of touching down. Katie issued a stark warning: "Once you leave the aircraft, it can be very difficult to retrieve items forgotten on board, especially if the plane is scheduled to depart again soon. Replacing a passport is not only expensive, it's also time-consuming given all of the documents you have to gather." She was not the only one emphasising the importance of not stowing your passport in your hand luggage. The UK Border Force has reminded holidaymakers to keep their passports within reach. It warned against stowing them in checked bags since passengers are required to present them upon arrival, saying: "Don't be tempted to pack them away in your luggage as you will need to show your passport on your arrival." In April, the Daily Record reported on another crucial tip, this time by a travel insurance specialist who cautioned British citizens to check their passports for damages to avoid the risk of being turned away when they land.

Oyu Tolgoi alters mine development plan
Oyu Tolgoi alters mine development plan

Yahoo

time10-06-2025

  • Business
  • Yahoo

Oyu Tolgoi alters mine development plan

The Oyu Tolgoi Board of Directors has sanctioned an alternative development plan for the Oyu Tolgoi copper and gold mine, as discussions persist with Entrée Resources and the Mongolian Government regarding the transfer of licences for mining in the Entrée joint venture (JV) area. This decision arrives amidst the steady progress of the mine, with production from Panel 0 and Panel 2 anticipated in 2025 and 2026, respectively, aligning with Rio Tinto's 2025 copper output forecast of 780,000–850,000 tonnes (t). The mine's exceptional ore body offers several potential development routes. Under the original plan, Panel 1, encompassing the Entrée JV area, was set to bolster production from 2027. However, development efforts in this area are now on hold until the Mongolian Government processes the licence transfer from Entrée to Oyu Tolgoi. Meanwhile, limited work will proceed in Panel 1 outside the JV zone, with resources being reallocated to advance development in Panel 2 South, which is not part of the JV. Rio Tinto Copper chief executive Katie Jackson said: 'Oyu Tolgoi continues to ramp-up as planned, with the cave performing above expectations. Our understanding of the ore body is growing as production and development progresses, further increasing our confidence and flexibility. With lateral development work only just beginning in Panel 1, this is the right time to pivot and bring forward development in Panel 2 South to maintain our options. "Transferring the licences for the Entrée joint venture area will maximise the value Oyu Tolgoi delivers for all parties, and we are continuing to work with the Government of Mongolia and Entrée Resources towards this outcome.' The production ramp-up at Oyu Tolgoi is on course to yield an average of approximately 500,000 tonnes per annum (tpa) of copper from 2028 to 2036. The plan allows for the commencement of mining operations in either Panel 1 or Panel 2 South, depending on the completion of the Entrée licence transfers. Given that lateral development in Panel 1 has only recently started, it is an opportune moment to advance the development of Panel 2 South in order to preserve flexibility. Oyu Tolgoi, the operator of the Oyu Tolgoi mine, is a JV between Rio Tinto, which holds a 66% stake, and the Mongolian Government, which owns the remaining 34%. In addition, Rio Tinto announced in November of the previous year its partnership with China's State Power Investment Corporation to test battery swap technology for electric haul trucks at the mine. This two-year initiative will involve eight haul trucks with 91t payloads, 13 batteries boasting 800 kilowatt-hours of capacity, and a robotic battery swap and charging station. The initial truck is set to arrive at Oyu Tolgoi this year, with the entire fleet and associated infrastructure set for commissioning by mid-2025. "Oyu Tolgoi alters mine development plan" was originally created and published by Mining Technology, a GlobalData owned brand. The information on this site has been included in good faith for general informational purposes only. It is not intended to amount to advice on which you should rely, and we give no representation, warranty or guarantee, whether express or implied as to its accuracy or completeness. You must obtain professional or specialist advice before taking, or refraining from, any action on the basis of the content on our site.

Business is blooming for Wonky Box founders
Business is blooming for Wonky Box founders

National Business Review

time04-06-2025

  • Business
  • National Business Review

Business is blooming for Wonky Box founders

In the three years since Angus Simms and Katie Jackson started delivering misshapen fruit and vegetables to Wellingtonians under the name Wonky Box, they've entered the Auckland market, expanded to the South Island, and now attracted interest from one of the country's largest flower Want to read more? It's easy. Choose your best value subscription option Student Exclusive FREE offer for uni students studying at a New Zealand university (valued at $499). View terms and conditions. Individual Group membership NBR Marketplace Smartphone Only Subscription NZ$29.95 / monthly Monthly Premium Online Subscription NZ$49.95 / monthly Smartphone Only Annual Subscription NZ$299.00 / yearly Yearly Premium Online Subscription NZ$499.00 / yearly Premium Group Membership 10 Users NZ$385 +GST / monthly $38.5 per user - Pay by monthly credit card debit Premium Group Membership 20 Users NZ$660 +GST / monthly $33 per user - Pay by monthly credit card debit Premium Group Membership 50 Users NZ$1375 +GST / monthly $27.5 per user - Pay by monthly credit card debit Premium Group Membership 100 Users NZ$2100 +GST / monthly $21 per user - Pay by monthly credit card debit Yearly Premium Online Subscription + NBR Marketplace NZ$999.00 / yearly Already have an account? Login

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