Rio Tinto terminates commercial relations with Russian companies The world's fourth-largest copper mine is affected

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As the Russian-Ukrainian conflict escalated, another large multinational announced its withdrawal from Russia. According to Reuters, on the morning of March 10, Beijing time, a spokesman for mining giant Rio Tinto said it was terminating all commercial relations with Russian companies. Rio Tinto responded to Interface News that the news was true and would release an official statement later. Rio Tinto has said it has no operating assets or employees in Russia and Ukraine. But its Oyu Tolgoi copper-gold project in Mongolia, which buys fuel and other commodities from Russia, will be affected. Rio Tinto's Queensland alumina company, an Australian Queensland alumina company, will also be affected.

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