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126-598: Based in Montreal , Quebec , IOC currently has open-pit mining and concentrator operations in Labrador City , and operates the Quebec North Shore and Labrador Railway to ship ore concentrate from the mines, such as Wabush , to the port of Sept-Îles , Quebec where it has a furnace and port facilities. The mining operations have a nominal capacity of 55 million tonnes per year. The railway (along with

252-486: A fur trading post on the Island of Montreal on a site initially named La Place Royale . At the confluence of Petite Riviere and St. Lawrence River , it is where present-day Pointe-à-Callière stands. On his 1616 map, Champlain named the island Lille de Villemenon in honour of the sieur de Villemenon, a French dignitary who was seeking the viceroyship of New France. In 1639, Jérôme Le Royer de La Dauversière obtained

378-546: A sacred cave in Juukan Gorge , Western Australia , which had evidence of 46,000 years of continual human occupation, and was considered the only inland site in Australia to show signs of continual human occupation through the last Ice Age . The company later apologised for the demolition and CEO Jean-Sébastien Jacques subsequently stepped down. Rio Tinto has been widely criticised by environmental groups as well as

504-402: A 2001 study deemed it as Canada's most creative neighbourhood because artists comprise 8% of its labour force. The neighbourhood of Mile End in the northwestern part of the borough has been a very multicultural area of the city, and features two of Montreal's well-known bagel establishments , St-Viateur Bagel and Fairmount Bagel . The McGill Ghetto is in the extreme southwestern portion of

630-566: A bid of £ 3.68 million ( ESP 92.8 million). The bid also specified that Spain would permanently relinquish any right to claim royalties on the mine's production. Following purchase of the mine, the syndicate launched the Rio Tinto Company, registering it on 29 March 1873. At the end of the 1880s, control of the firm passed to the Rothschild family , who increased the scale of its mining operations. Following their purchase of

756-518: A capacity of between 25,000 and 255,000 tonnes. In addition to the Japanese, IOC supplies companies like Salzgitter AG and several German steel works. The IOC's predecessor existed from its birth on the Newfoundland statute book of 1938 as Labrador Mining and Exploration Limited (LM&E), which company was granted extensive exploration and mining rights on the mainland. LM&E discovered

882-519: A constant warning that the trains are unmanned. Montreal Montreal is the largest city in the province of Quebec , the second-largest in Canada , and the ninth-largest in North America . Founded in 1642 as Ville-Marie , or "City of Mary", it is now named after Mount Royal , the triple-peaked mountain around which the early settlement was built. The city is centred on

1008-478: A daily average ranging from −10.5 to −9 °C (13.1 to 15.8 °F) in January. However, some winter days rise above freezing, allowing for rain on an average of 4 days in January and February each. Usually, snow covering some or all bare ground lasts on average from the first or second week of December until the last week of March. While the air temperature does not fall below −30 °C (−22 °F) every year,

1134-696: A garrison of 390 men 40 miles upriver in a garrison at Les Cèdres, Quebec , to defend Montreal against the British army. In the Battle of the Cedars , Bedel's lieutenant Isaac Butterfield surrendered to George Forster. Forster advanced to Fort Senneville on May 23. By May 24, Arnold was entrenched in Montreal's borough of Lachine . Forster initially approached Lachine, then withdrew to Quinze-Chênes . Arnold's forces then abandoned Lachine to chase Forster. The Americans burned Senneville on May 26. After Arnold crossed

1260-628: A key factor in recommending the transaction to its shareholders. In March 2010, it was announced that Chinalco would invest $ 1.3 billion for a 44.65% stake in Rio Tinto's iron ore project in Simandou , Guinea. Rio Tinto retained 50.35% ownership at Simandou. In November 2011, Rio joined with Chinalco to explore for copper resources in China's complex landscape, by setting up a new company, CRTX, 51% owned by Chinalco and 49% by Rio Tinto. Under

1386-584: A long series of mergers and acquisitions. Although primarily focused on extraction of minerals, it also has significant operations in refining, particularly the refining of bauxite and iron ore. It has joint head offices in London , England and Melbourne , Australia. Rio Tinto is a dual-listed company traded on both the London Stock Exchange , where it is a component of the FTSE 100 Index , and

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1512-606: A major producer of borax , bought in 1968, Kennecott Utah Copper and BP 's coal assets which were bought from BP in 1989, and a 70.7% interest in the New South Wales operations of Coal & Allied , also in 1989. In 1993, the company acquired Nerco and the United States coal mining businesses of Cordero Mining Company . In 2000, Rio Tinto acquired North Limited , an Australian company with iron ore and uranium mines, for $ 2.8 billion. The takeover

1638-589: A marine terminal in Sept-Îles. It receives and stockpiles iron ore pellets and concentrate from Labrador City via the QNSL railway. The capacity of the stockpile yard is 20.6 million tonnes per year; at any one time 4.5 million tonnes of iron ore products can be stored. The shiploading capacity is 20.9 million tonnes per year. Two mobile shiploaders transfer the iron ore product onto the docked freighters. The Sept-Îles terminal operates year-round and can handle ships with

1764-561: A memorandum of understanding to develop Rio Tinto's iron ore project in the Simandou mine in Simandou , Guinea . On 29 July 2010, Rio Tinto and Chinalco signed a binding agreement to establish this joint venture covering the development and operation of the Simandou mine. Under the terms of the agreement, the joint venture maintains Rio Tinto's 95% interest in the Simandou project as follows: By providing US$ 1.35 billion on an earn-in basis through sole funding of ongoing development over

1890-461: A price later determined to be well below actual value. The purchasers of the mine were led by Hugh Matheson 's Matheson & Company , which ultimately formed a syndicate consisting of Deutsche Bank (56% ownership), Matheson (24%) and the civil engineering firm Clark, Punchard and Company (20%). At an auction held by the Spanish government to sell the mine on 14 February 1873, the group won with

2016-569: A two-to-three-year period, Chalco, a subsidiary of Chinalco, would acquire a 47% interest in the joint venture. Once the full sum was paid, Rio Tinto would be left with a 50.35% interest in the project and Chalco would have 44.65%. The remaining 5% would be owned by the International Finance Corporation (IFC), the financing arm of the World Bank . On 22 April 2011 Rio Tinto, its subsidiary Simfer S.A. (Simfer), and

2142-444: Is approximately 23.3 million tonnes per year. The pellet plant converts the concentrate output from the mills into pellets that can be used directly in the blast furnaces of customers. The concentrate is first ground in ball mills and is then formed into balls of diameter 9.5mm to 12.5mm that are dried and then fired in the furnace. The plant has a nominal capacity to produce 12.5 million tonnes per year. IOC wholly owns and operates

2268-477: Is approximately 38% iron. The company brings to market several products including acid pellets, fluxed pellets, and direct reduction pellets, as well as iron ore concentrate. The crushed ore iron content is increased in Labrador City from 38% to a two-thirds ratio by a grinding process. A sequence of four wet mills feeds into a gravity spiral plant to increase the grade. The concentrate production capacity

2394-419: Is around 1,000 mm (39 in), including an average of about 210 cm (83 in) of snowfall, which occurs from November through March. Thunderstorms are common from late spring through summer to early fall; additionally, tropical storms or their remnants can cause heavy rains and gales. Montreal averages 2,050 hours of sunshine annually, with summer being the sunniest season, though slightly wetter than

2520-519: Is bordered by the city of Laval to the north; Longueuil , Saint-Lambert , Brossard , and other municipalities to the south; Repentigny to the east and the West Island municipalities to the west. The anglophone enclaves of Westmount , Montreal West , Hampstead , Côte Saint-Luc , the Town of Mount Royal and the francophone enclave Montreal East are all surrounded by Montreal. Montreal

2646-498: Is classified as a warm-summer humid continental climate ( Köppen climate classification : Dfb). Summers are warm to hot and humid with a daily maximum average of 26 to 27 °C (79 to 81 °F) in July; temperatures in excess of 30 °C (86 °F) are common. Conversely, cold fronts can bring crisp, drier and windy weather in the early and later parts of summer. Winter brings cold, snowy, windy, and, at times, icy weather, with

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2772-419: Is mainly concentrated in Australia and Canada, and owns its mining operations through a complex web of wholly and partly owned subsidiaries. Rio Tinto is primarily organised into four operational businesses, divided by product type: These operating groups are supported by separate divisions providing exploration and function support. Rio Tinto is structured as a dual-listed company , with listings on both

2898-553: Is the city's official language. In 2021, 85.7% of the population of the city of Montreal considered themselves fluent in French while 90.2% could speak it in the metropolitan area. Montreal is one of the most bilingual cities in Quebec and Canada, with 58.5% of the population able to speak both French and English. Historically the commercial capital of Canada, Montreal was surpassed in population and economic strength by Toronto in

3024-691: Is the oldest complete building in the city, built between 1669 and 1671. In Point St. Charles , visitors can see the Maison Saint-Gabriel , which can trace its history back to 1698. There are many historic buildings in Old Montreal in their original form: Notre-Dame Basilica, Bonsecours Market , and the 19th‑century headquarters of all major Canadian banks on St. James Street (French: Rue Saint Jacques ). Montreal's earliest buildings are characterized by their uniquely French influence and grey stone construction. A few notable examples of

3150-640: The Allied forces , was furious over Houde's stand and held him in a prison camp until 1944. That year, the government decided to institute conscription to expand the armed forces and fight the Axis powers . (See Conscription Crisis of 1944 .) Montreal was the official residence of the Luxembourg royal family in exile during World War II. By 1951, Montreal's population had surpassed one million. However, Toronto's growth had begun challenging Montreal's status as

3276-490: The Australian Competition & Consumer Commission . The largest barrier to completing the investment may come from Rio Tinto's shareholders; support for the deal by shareholders was never overwhelming and has reportedly declined in 2009, as other financing options (such as a more traditional bond issuance) are beginning to appear more realistic as a viable alternative funding source. A shareholder vote on

3402-681: The Australian Securities Exchange , where it is a component of the S&;P/ASX 200 index. American depositary shares of Rio Tinto's British branch are also traded on the New York Stock Exchange , giving it listings on three major stock exchanges. In the 2020 Forbes Global 2000 , it was ranked the world's 114th-largest public company. In May 2020, to expand the Brockman 4 mine , Rio Tinto demolished

3528-679: The Bougainville separatist crisis . There have also been corruption concerns: In July 2017 the UK's Serious Fraud Office announced an investigation of the company's business practices in Guinea . Since antiquity, a site along the Rio Tinto in Huelva , Spain, has been mined for copper, silver, gold and other minerals. Around 3000 BC, Iberians and Tartessians began mining the site, followed by

3654-651: The FTSE 100 Index of the London Stock Exchange, and the S&P/ASX 200 index of the Australian Securities Exchange. LSE-listed shares in Rio Tinto plc can also be traded indirectly on the New York Stock Exchange via an American Depositary Receipt . As of 4 March 2009, Rio Tinto was the fourth-largest publicly listed mining company in the world, with a market capitalisation around $ 134 billion. As of mid-February 2009, shareholders were geographically distributed 42% in

3780-731: The Great Lakes to the Atlantic. Montreal is defined by its location between the Saint Lawrence river to its south and the Rivière des Prairies to its north. The city is named after the most prominent geographical feature on the island, a three-head mountain called Mount Royal, topped at 232 m (761 ft) above sea level . Montreal is at the centre of the Montreal Metropolitan Community , and

3906-545: The Island of Montreal and a few, much smaller, peripheral islands, the largest of which is Île Bizard . The city is 196 km (122 mi) east of the national capital, Ottawa , and 258 km (160 mi) southwest of the provincial capital, Quebec City . As of 2021, the city had a population of 1,762,949, and a metropolitan population of 4,291,732, making it the second-largest metropolitan area in Canada. French

Iron Ore Company of Canada - Misplaced Pages Continue

4032-456: The London Stock Exchange (symbol: RIO), under the name "Rio Tinto Plc", and the Australian Securities Exchange (symbol: RIO) in Sydney, under the name "Rio Tinto Limited". The dual-listed company structure grants shareholders of the two companies the same proportional economic interests and ownership rights in the consolidated Rio Tinto, in such a way as to be equivalent to all shareholders of

4158-557: The M.A. Hanna Company . From 1977 to 1983 the president of the company was Brian Mulroney , who later served as the 18th Prime Minister of Canada from 1984 to 1993. Rio Tinto PLC acquired the IOC in August 2000, as part of their successful hostile takeover of Australian company North Ltd . In December 2000 they wanted to buy more of the company. The bid failed in April 2001 when only 20% of

4284-536: The Montreal Biosphere , and Moshe Safdie 's striking Habitat 67 apartment complex. The Montreal Metro has public artwork by some of the biggest names in Quebec culture . In 2006, Montreal was named a UNESCO City of Design , one of only three design capitals in the world (the others being Berlin and Buenos Aires ). This distinguished title recognizes Montreal's design community. Since 2005,

4410-610: The Ottawa River in pursuit of Forster, Forster's cannons repelled Arnold's forces. Forster negotiated a prisoner exchange with Henry Sherburne and Isaac Butterfield, resulting in a May 27 boating of their deputy Lieutenant Park being returned to the Americans. Arnold and Forster negotiated further and more American prisoners were returned to Arnold at Sainte-Anne-de-Bellevue, Quebec , ("Fort Anne") on May 30 (delayed two days by wind). Arnold eventually withdrew his forces back to

4536-458: The Phoenicians , Greeks , Romans , Visigoths and Moors . After a period of abandonment, the mines were rediscovered in 1556 and the Spanish government began operating them once again in 1724. However, Spain's mining operations there were inefficient, and the government itself was otherwise distracted by political and financial crises, leading the government to sell the mines in 1873 at

4662-628: The Pilbara , Western Australia. The Pilbara iron ore operations include 16 iron ore mines, four independent port terminals, a 1,700-kilometre rail network and related infrastructure. The corporation also has had a majority stake in Iron Ore Company of Canada since its 2000 hostile takeover of North Limited. Copper was one of Rio Tinto's main products from its earliest days operating at the Rio Tinto complex of mines in Spain. Since that time,

4788-550: The Seigneurial title to the Island of Montreal in the name of the Notre Dame Society of Montreal to establish a Roman Catholic mission to evangelize natives. Dauversière hired Paul Chomedey de Maisonneuve , then age 30, to lead a group of colonists to build a mission on his new seigneury. The colonists left France in 1641 for Quebec and arrived on the island the following year. On May 17, 1642, Ville-Marie

4914-557: The Shaughnessy Village / Concordia U area home to thousands of students at Concordia University . The borough also comprises most of Mount Royal Park , Saint Helen's Island , and Notre-Dame Island . The Plateau Mount Royal borough was a working class francophone area. The largest neighbourhood is the Plateau (not to be confused with the whole borough), which was undergoing considerable gentrification as of 2009, and

5040-472: The Spanish Civil War , World War II and Franco's nationalistic policies . In the 1950s, the political situation made it increasingly difficult for mostly British and French owners to extract profits from Spanish operations, and the company decided to dispose of the mines from which it took its name. Thus, in 1954, Rio Tinto Company sold two-thirds of its stake in the Rio Tinto mines, disposing of

5166-557: The TSH , CFAQ , and WABL lines) form an isolated railroad network, as it does not interchange with any other rail lines on the North American network. IOC is amongst the five top producers of seaborne iron ore pellets in the world. The iron ore deposits occur as specular hematite and magnetite , in a 2:1 ratio. The company has mineral reserves of 1.1 billion tonnes and resources of 1.7 billion tonnes. The average grade at mine exit

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5292-543: The Virgin Mary . The current form of the name, Montréal , is generally thought to be derived from Mount Royal ( Mont Royal in French), the triple-peaked hill in the heart of the city. There are multiple explanations for how Mont Royal became Montréal . In 16th century French, the forms réal and royal were used interchangeably, so Montréal could simply be a variant of Mont Royal . In

5418-669: The government of Norway for the environmental impacts of its mining activities. Claims of severe environmental damage related to its engagement in the Grasberg mine in Indonesia led the Government Pension Fund of Norway to exclude it from its investment portfolio. Academic observers have also expressed concern regarding Rio Tinto's operations in Papua New Guinea, which they allege were one catalyst of

5544-775: The invasion of Quebec resulted after Benedict Arnold captured Fort Ticonderoga in present-day upstate New York in May 1775 as a launching point to Arnold's invasion of Quebec in September . While Arnold approached the Plains of Abraham , Montreal fell to American forces led by Richard Montgomery on November 13, 1775, after it was abandoned by Guy Carleton . After Arnold withdrew from Quebec City to Pointe-aux-Trembles on November 19, Montgomery's forces left Montreal on December 1 and arrived there on December 3 to plot to attack Quebec City , with Montgomery leaving David Wooster in charge of

5670-589: The prohibition movement in the United States led to Montreal becoming a destination for Americans looking for alcohol . Unemployment remained high in the city and was exacerbated by the Stock Market Crash of 1929 and the Great Depression . During World War II , Mayor Camillien Houde protested against conscription and urged Montrealers to disobey the federal government's registry of all men and women. The federal government, part of

5796-418: The uranium market ; to do so, the cartel engaged in bid rigging , price fixing , and market sharing . Westinghouse filed an antitrust lawsuit against cartel members in 1976 and the cartel disbanded. Like many major mining companies, Rio Tinto has historically grown through a series of mergers and acquisitions. The company's first major acquisition occurred in 1929, when the company issued stock for

5922-436: The village of Hochelaga at the foot of Mount Royal two centuries before the French arrived. Archeologists have found evidence of their habitation there and at other locations in the valley since at least the 14th century. The French explorer Jacques Cartier visited Hochelaga on October 2, 1535, and estimated the population of the native people at Hochelaga to be "over a thousand people". Evidence of earlier occupation of

6048-686: The wind chill often makes the temperature feel this low to exposed skin. Spring and fall are pleasantly mild but prone to drastic temperature changes; spring even more so than fall. Late season heat waves as well as " Indian summers " are possible. Early and late season snow storms can occur in November and March, and more rarely in April. Montreal is generally snow free from late April to late October. However, snow can fall in early to mid-October as well as early to mid-May on rare occasions. The lowest temperature in Environment Canada's books

6174-491: The $ 16 billion Canadian group's " poison pill " defence was not valid. Ivanhoe had developed Oyu Tolgoi in Mongolia, one of the world's largest-known copper deposits. On 28 January 2012, Rio Tinto gained control of Ivanhoe Mines and removed the management. In October 2013, Rio Tinto agreed to sell its majority stake in Australia's third-largest coal mine to Glencore and Sumitomo for a little over US$ 1 billion, as part of

6300-532: The 1970s. It remains an important centre of art, culture , literature, film and television, music, commerce, aerospace, transport , finance, pharmaceuticals, technology, design, education , tourism , food, fashion, video game development, and world affairs. Montreal is the location of the headquarters of the International Civil Aviation Organization , and was named a UNESCO City of Design in 2006. In 2017, Montreal

6426-410: The 1980s and early 1990s, Montreal experienced a slower rate of economic growth than many other major Canadian cities. Montreal was the site of the 1989 École Polytechnique massacre , one of Canada's worst mass shootings , where 25-year-old Marc Lépine shot and killed 14 people, all of them women, and wounded 14 other people before shooting himself at École Polytechnique . Montreal was merged with

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6552-494: The 27 surrounding municipalities on the Island of Montreal on January 1, 2002, creating a unified city encompassing the entire island. There was substantial resistance from the suburbs to the merger, with the perception being that it was forced on the mostly English suburbs by the Parti Québécois. As expected, this move proved unpopular and several mergers were later rescinded. Several former municipalities, totalling 13% of

6678-594: The Australian coal businesses of the Peabody Energy . On 14 November 2007, Rio Tinto completed its largest acquisition to date, purchasing Canadian aluminium company Alcan for $ 38.1 billion, as of 2014 , "the largest mining deal ever completed". Alcan's chief executive, Jacynthe Côté, led the new division, renamed Rio Tinto Alcan with its headquarters situated in Montreal . Activity in 2008 and 2009

6804-466: The Australian firm Consolidated Zinc to form the Rio Tinto – Zinc Corporation (RTZ) and its main subsidiary, Conzinc Riotinto of Australia (CRA). The merger provided Rio Tinto the ability to exploit its new-found opportunities, and gave Consolidated Zinc a much larger asset base. RTZ and CRA were separately managed and operated, with CRA focusing on opportunities within Australasia and RTZ taking

6930-620: The Guinean Government signed a settlement agreement that secured Rio Tinto's mining rights in Guinea to the southern concession of Simandou, known as blocks 3 and 4. According to the agreement, Simfer would pay US$ 700 million and receive mining concession and government approval of the proposed Chalco and Rio Tinto Simandou joint venture. In April 2011, Rio Tinto gained a majority stake in Riversdale Mining . In 2011,

7056-412: The IOC lost a court case against a band of Innu . The court continued the $ 900 million suit that IOC had attempted to thwart. In 2017 the IOC had revenues of $ 1.9 billion. In August 2018 there were rumours afloat that Rio wanted to list its shares of IOC on the Toronto Stock Exchange; this came shortly after a two-month strike at the Labrador mine. In August 2021 Mike McCann was appointed President of

7182-424: The LIORC in a transaction valued at $ 248 million. In June 2013 Rio tried to sell its part because it had too much debt. It valued the share at somewhere in excess of $ 3.5bn. By 2013 Mitsubishi and Rio Tinto corporations dominated the shareholdings, alongside junior partner LIORC. Rio Tinto is the majority shareholder in the venture, with 58.7% of the joint stock as of October 2013. Mitsubishi controlled 26.2% of

7308-413: The LIORIF shares were tendered. In August 2007 $ 60 million was invested to increase production at Labrador City, from 17MT to 18.4MT in mid-2008. At the time Sam Walsh was in the driver's seat at Rio Tinto Iron Ore. On 6 May 2010 Rio Tinto PLC announced that it was investing US$ 235 million in an expansion program at the IOC. In June 2010 the Labrador Iron Ore Royalty Income Fund was transformed into

7434-433: The New York fort of Ticonderoga by the summer. On June 15, Arnold's messenger approaching Sorel spotted Carleton returning with a fleet of ships and notified him. Arnold's forces abandoned Montreal (attempting to burn it down in the process) prior to the June 17 arrival of Carleton's fleet. The Americans did not return British prisoners in exchange, as previously agreed, due to accusations of abuse, with Congress repudiating

7560-405: The Ojibwe migration story as related in the seven fires prophecy . In the Mohawk language , the land is called Tiohtià:ke . This is an abbreviation of Teionihtiohtiá:kon , which loosely translates as "where the group divided/parted ways." French settlers from La Flèche in the Loire valley first named their new town, founded in 1642, Ville Marie ("City of Mary"), named for

7686-608: The Rio Tinto Mine, the new ownership constructed a number of new processing facilities, innovated new mining techniques, and expanded mining activities. From 1877 to 1891, the Rio Tinto Mine was the world's leading producer of copper. From 1870 through 1925, the company was inwardly focused on fully exploiting the Rio Tinto Mine, with little attention paid to expansion or exploration activities outside of Spain. The company enjoyed strong financial success until 1914, colluding with other pyrite producers to control market prices. However, World War I and its aftermath effectively eliminated

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7812-425: The United Kingdom, 18% in North America, 16% in Australia, 14% in Asia and 10% in continental Europe. On 8 November 2007, rival mining company BHP Billiton announced it was seeking to purchase Rio Tinto in an all-share deal. This offer was rejected by the board of Rio Tinto as "significantly undervalu[ing]" the company. Another attempt by BHP Billiton for a hostile takeover , valuing Rio Tinto at $ 147 billion,

7938-432: The United States as a viable market for European pyrites , leading to a decline in the firm's prominence. The company's failure to diversify during this period led to the slow decline of the company among the ranks of international mining firms. However, this changed in 1925, when Sir Auckland Geddes succeeded Lord Alfred Milner as chairman. Geddes and the new management team he installed focused on diversification of

8064-414: The agreement at the protest of George Washington. Arnold blamed Colonel Timothy Bedel for the defeat, removing him and Lieutenant Butterfield from command and sending them to Sorel for court-martial. The retreat of the American army delayed their court martial until August 1, 1776, when they were convicted and cashiered at Ticonderoga. Bedel was given a new commission by Congress in October 1777 after Arnold

8190-432: The arrested, Australian citizen Stern Hu , was "suspected of stealing Chinese state secrets for foreign countries and was detained on criminal charges", according to a spokesman for the Chinese foreign ministry. Stern Hu was also accused of bribery by Chinese steel mill executives for sensitive information during the iron ore contract negotiations. On 19 March 2010 Rio Tinto and its biggest shareholder, Chinalco , signed

8316-493: The border between French and English Canada, Ottawa was seen as a compromise between Montreal, Toronto, Kingston and Quebec City, which were all vying to become the young nation's official capital. Ottawa retained the status as capital of Canada when the Province of Canada joined with Nova Scotia and New Brunswick to form the Dominion of Canada in 1867. An internment camp was set up at Immigration Hall in Montreal from August 1914 to November 1918. After World War I ,

8442-423: The borough, its name being derived from the fact that it is home to thousands of McGill University students and faculty members. The Southwest borough was home to much of the city's industry during the late 19th and early-to-mid 20th century. The borough included Goose Village and was historically home to the traditionally working-class Irish neighbourhoods of Griffintown and Point Saint Charles as well as

8568-414: The business arena. The October Crisis and the 1976 election of the Parti Québécois , which supported sovereign status for Quebec, resulted in the departure of many businesses and people from the city. In 1976, Montreal hosted the Summer Olympics . While the event brought the city international prestige and attention, the Olympic Stadium built for the event resulted in massive debt for the city. During

8694-475: The city has been home to the International Council of Graphic Design Associations (Icograda) and the International Design Alliance (IDA). The Underground City (officially RÉSO), an important tourist attraction, is an underground network connecting shopping centres, pedestrian thoroughfares, universities, hotels, restaurants, bistros, subway stations and more, in and around downtown with 32 km (20 mi) of tunnels over 12 km (4.6 sq mi) in

8820-582: The city's 20th-century architecture include Saint Joseph's Oratory , completed in 1967, Ernest Cormier 's Art Deco Université de Montréal main building, the landmark Place Ville Marie office tower, and the controversial Olympic Stadium and surrounding structures. Pavilions designed for the 1967 International and Universal Exposition, popularly known as Expo 67 , featured a wide range of architectural designs. Though most pavilions were temporary structures, several have become landmarks, including Buckminster Fuller 's geodesic dome U.S. Pavilion, now

8946-417: The city's earliest still-standing buildings date back to the late 17th and early 18th centuries. Although most are clustered around the Old Montreal area, such as the Sulpician Seminary adjacent to Notre-Dame Basilica that dates back to 1687, and Château Ramezay , which was built in 1705, examples of early colonial architecture are dotted throughout the city. Situated in Lachine, the Le Ber-Le Moyne House

9072-489: The city's history. Montreal annexed 27 other cities, towns and villages beginning with Hochelaga in 1883, with the last prior to 2002 being Pointe-aux-Trembles in 1982. The 21st century has brought with it a revival of the city's economic and cultural landscape. The construction of new residential skyscrapers, two super-hospitals (the Centre hospitalier de l'Université de Montréal and McGill University Health Centre ),

9198-518: The city. As they lacked modern plumbing systems it was impossible to connect all buildings at once and it also acted as a conservation method. However, the population was not finished rising — it rose from 58,000 in 1852 to 267,000 by 1901. Montreal was the capital of the Province of Canada from 1844 to 1849, but lost its status when a Tory mob burnt down the Parliament building to protest

9324-491: The city. Montgomery was killed in the failed attack and Arnold, who had taken command, sent Brigadier General Moses Hazen to inform Wooster of the defeat. Wooster left Hazen in command on March 20, 1776, as he left to replace Arnold in leading further attacks on Quebec City. On April 19, Arnold arrived in Montreal to take over command from Hazen, who remained as his second-in-command. Hazen sent Colonel Timothy Bedel to form

9450-523: The company has divested itself from its original Spanish mines, and grown its copper-mining capacity through acquisitions of major copper resources around the world. The copper group's main active mining interests are Oyu Tolgoi mine in Mongolia, Kennecott Utah Copper in the United States, and Minera Escondida in Chile. Most of these mines are joint ventures with other major mining companies, with Rio Tinto's ownership ranging from 30% to 80%; only Kennecott

9576-492: The company in represented by DPG Advisory Solutions. Rio Tinto's main business is the production of raw materials including copper, iron ore, bauxite, diamonds, uranium and industrial minerals including titanium dioxide, salt, gypsum and borates. Rio Tinto also performs processing on some of these materials, with plants dedicated to processing bauxite into alumina and aluminium, and smelting iron ore into iron. The company also produces other metals and minerals as by-products from

9702-562: The company rekindled its interest in potash when it entered a joint venture with Acron Group to develop the Albany potash development, in southern Saskatchewan , Canada. Following an exploration program, Acron in a June 2014 statement described Albany as "one of the best potash development opportunities in the world". On 13 December 2011, an independent arbitrator cleared the way for Rio Tinto, which had owned 49% of Ivanhoe Mines (now known as Turquoise Hill Resources ), to take it over: he said

9828-456: The company's dual-listed company structure, management powers of the Rio Tinto are consolidated in a single senior management group led by a board of directors and executive committee. The board of directors has both executive and non-executive members, while the executive committee is composed of the heads of major operational groups. Rio Tinto engages professional lobbyists to represent its interests in various jurisdictions. In South Australia,

9954-498: The company's investment strategy and the introduction of organisational and marketing reforms. Geddes led the company into a series of joint ventures with customers in the development of new technologies, as well as exploration and development of new mines outside of Spain. Between 1925 and 1931, Geddes recruited two directors: JN Buchanan (finance director) and RM Preston (commercial director), as well as other executives involved with technical and other matters. Perhaps most significant

10080-515: The company. As of March 2023 the operations consisted a mine in Labrador, a processing plant in Labrador City , a combined furnace stockpile and port installation in Sept-Iles, Quebec , and a 418 kilometre railway that joins these two last parts. As of 2019, IOC's Carol Lake mine near Labrador City, Labrador utilizes a small fleet of GMD SW1200MG electric locomotives to haul raw ore from

10206-592: The creation of the Quartier des Spectacles , reconstruction of the Turcot Interchange , reconfiguration of the Decarie and Dorval interchanges, construction of the new Réseau express métropolitain , gentrification of Griffintown , subway line extensions and the purchase of new subway cars, the complete revitalization and expansion of Trudeau International Airport , the completion of Quebec Autoroute 30 ,

10332-819: The early 18th century, the Sulpician Order was established there. To encourage French settlement, it wanted the Mohawk to move away from the fur trading post at Ville-Marie. It had a mission village, known as Kahnewake , south of the St Lawrence River. The fathers persuaded some Mohawk to make a new settlement at their former hunting grounds north of the Ottawa River. This became Kanesatake . In 1745, several Mohawk families moved upriver to create another settlement, known as Akwesasne . All three are now Mohawk reserves in Canada. The Canadian territory

10458-620: The economic capital of Canada. Indeed, the volume of stocks traded at the Toronto Stock Exchange had already surpassed that traded at the Montreal Stock Exchange in the 1940s. The Saint Lawrence Seaway opened in 1959, allowing vessels to bypass Montreal. In time, this development led to the end of the city's economic dominance as businesses moved to other areas. During the 1960s, there was continued growth as Canada's tallest skyscrapers, new expressways and

10584-476: The fall of 1653, the population of Montreal was barely 50 people. By 1685, Ville-Marie was home to some 600 colonists, most of them living in modest wooden houses. Ville-Marie became a centre for the fur trade and a base for further exploration . In 1689, the English-allied Iroquois attacked Lachine on the Island of Montreal, committing the worst massacre in the history of New France. By

10710-444: The firm's plans to focus on larger operations. Less than a year later, Rio Tinto rejected two merger proposals from Glencore, proffered in July and August 2014; the merger of Glencore and Rio Tinto would have created the world's largest mining company. In May 2015, Rio Tinto announced plans to sell some of its aluminium assets as part of a possible $ 1 billion deal, two years after a similar but failed attempt. In September 2020, it

10836-459: The investment as of March 2013. As of March 2023 the consortium remained unchanged. LIORC represents Canadian interests and trades on the TSX . It "holds a 15.10% equity interest in IOC directly and through its wholly-owned subsidiary, Hollinger-Hanna Limited, and receives a 7% gross overriding royalty and a 10 cent per tonne commission on all iron ore products produced, sold and shipped by IOC." In 2016

10962-485: The iron ore that now constitutes the mine operated by IOC. LM&E received grants of leases and licences from the dominion under the Statutory Agreement. It also received a grant of surface rights to establish the town site that became Labrador City. LM&E in turn sublet the leasehold to the IOC and IOC built the infrastructure, the mine, the railway and the port. The LM&E has taken various forms over

11088-482: The island, such as those uncovered in 1642 during the construction of Fort Ville-Marie, have effectively been removed. In 1603, French explorer Samuel de Champlain reported that the St ;Lawrence Iroquoians and their settlements had disappeared altogether from the St Lawrence valley. This is believed to be due to outmigration, epidemics of European diseases, or intertribal wars. In 1611, Champlain established

11214-664: The largest comedy festival in the world; and Les Francos de Montréal , the largest French-language music festival in the world. In sports , it is home to multiple professional teams, most notably the Canadiens of the National Hockey League , who have won the Stanley Cup a record 24 times. In the Ojibwe language , the land is called Mooniyaang or Moon’yaang which was "the first stopping place" in

11340-412: The low-income neighbourhoods of Saint Henri and Little Burgundy . Rio Tinto PLC Rio Tinto Group is a British-Australian multinational company that is the world's second largest metals and mining corporation (behind BHP ). It was founded in 1873 when a group of investors purchased a mine complex on the Rio Tinto , in Huelva , Spain, from the Spanish government. It has grown through

11466-593: The mid-1840s, the City of Montreal installed a water system that would pump water from the St. Lawrence and into cisterns . The cisterns would then be transported to the desired location. This was not the first water system of its type in Montreal, as there had been one in private ownership since 1801. In the middle of the 19th century, water distribution was carried out by "fontainiers". The fountainiers would open and close water valves outside of buildings, as directed, all over

11592-431: The mine to a processing plant. The short electrified railway is the last remaining electrified cargo railway in Canada. The cargo trains are unmanned and fully automated , advancing block by block based on the condition of the block of track ahead. The motive power is SW1200 MG single units, each having a single phase AC motor driving the standard EMD traction generator and traction motors. A horn blows every few seconds as

11718-493: The most densely populated part of Montreal. The city is composed of 19 large boroughs , subdivided into neighbourhoods. The boroughs are: Côte-des-Neiges–Notre-Dame-de-Grâce , Le Plateau-Mont-Royal ( The Plateau Mount Royal ) , Outremont and Ville-Marie in the centre; Mercier–Hochelaga-Maisonneuve , Rosemont–La Petite-Patrie and Villeray–Saint-Michel–Parc-Extension in the east; Anjou , Montréal-Nord , Rivière-des-Prairies–Pointe-aux-Trembles and Saint-Léonard in

11844-544: The most neighbourhoods is Ville-Marie, which includes downtown, the historic district of Old Montreal, Chinatown , the Gay Village , the Latin Quarter , the gentrified Quartier international and Cité Multimédia as well as the Quartier des spectacles which is under development. Other neighbourhoods of interest in the borough include the affluent Golden Square Mile neighbourhood at the foot of Mount Royal and

11970-406: The northeast; Ahuntsic-Cartierville , L'Île-Bizard–Sainte-Geneviève , Pierrefonds-Roxboro and Saint-Laurent in the northwest; and Lachine , LaSalle , Le Sud-Ouest ( The Southwest ) and Verdun in the south. Many of these boroughs were independent cities that were forced to merge with Montreal in January 2002 following the 2002 municipal reorganization of Montreal . The borough with

12096-546: The others in terms of total precipitation—mostly from thunderstorms. For over a century and a half, Montreal was the industrial and financial centre of Canada. This legacy has left a variety of buildings including factories, elevators , warehouses , mills, and refineries , that today provide an invaluable insight into the city's history, especially in the downtown area and the Old Port area. There are 50 National Historic Sites of Canada , more than any other city. Some of

12222-558: The passage of the Rebellion Losses Bill . Thereafter, the capital rotated between Quebec City and Toronto until in 1857, Queen Victoria herself established Ottawa as the capital due to strategic reasons. The reasons were twofold. First, because it was located more in the interior of the Province of Canada, it was less susceptible to attack from the United States. Second, and perhaps more importantly, because it lay on

12348-453: The population of the island, voted to leave the unified city in separate referendums in June 2004. The demerger took place on January 1, 2006, leaving 15 municipalities on the island, including Montreal. Demerged municipalities remain affiliated with the city through an agglomeration council that collects taxes from them to pay for numerous shared services. The 2002 mergers were not the first in

12474-553: The processing of its main resources, including gold, silver, molybdenum , sulphuric acid , nickel, potash , lead and zinc . Rio Tinto controls gross assets of $ 81 billion in value across the globe, with main concentrations in Australia (35%), Canada (34%), Europe (13%) and the United States (11%), and smaller holdings in South America (3%), Africa (3%) and Indonesia (1%). The Australian operations of Rio Tinto Iron Ore (RTIO) comprises an integrated iron ore operations in

12600-507: The proposed deal was expected in the third quarter of 2009. Rio Tinto is believed to have pursued this combined asset and convertible bond sale to raise cash to satisfy its debt obligations, which required payments of $ 9.0 billion in October 2009 and $ 10.5 billion by the end of 2010. The company has also noted China's increasing appetite for commodities, and the potential for increased opportunities to exploit these market trends, as

12726-430: The purchase of ownership interests of Rio Tinto assets in its iron ore, copper and aluminium operations, plus $ 7.2 billion for convertible bonds . The transaction would bring Chinalco's ownership of the company to roughly 18.5%. The deal is still pending approval from regulators in the United States and China, and has not yet been approved by shareholders, although regulatory approval has been received from Germany and

12852-641: The purpose of raising 2.5 million pounds to invest in Northern Rhodesian copper mining companies, which was fully invested by the end of 1930. The Rio Tinto company consolidated its holdings of these various firms under the Rhokana Corporation by forcing the various companies to merge. Rio Tinto's investment in Rhodesian copper mines did much to support the company through troubled times at its Spanish Rio Tinto operations spanning

12978-543: The reconstruction of the Champlain Bridge and the construction of a new toll bridge to Laval are helping Montreal continue to grow. Montreal is in the southwest of the province of Quebec. The city covers most of the Island of Montreal at the confluence of the Saint Lawrence and Ottawa Rivers. The port of Montreal lies at one end of the Saint Lawrence Seaway, the river gateway that stretches from

13104-539: The region indicates that First Nations native people occupied the island of Montreal as early as 4,000 years ago. By the year AD 1000, they had started to cultivate maize . Within a few hundred years, they had built fortified villages. The Saint Lawrence Iroquoians , an ethnically and culturally distinct group from the Iroquois nations of the Haudenosaunee (then based in present-day New York), established

13230-411: The rest of the world. However, the companies continued to trade separately, and RTZ's ownership of CRA dipped below 50% by 1986. The two companies' strategic needs eventually led to conflicts of interest regarding new mining opportunities, and shareholders of both companies determined a merger was in their mutual best interest. In 1995, the companies merged into a dual listed company , in which management

13356-451: The rest over the following years. The sale of the mines financed extensive exploration activities over the following decade. The company's exploration activities presented the company with an abundance of opportunities, but it lacked sufficient capital and operating revenue to exploit those opportunities. This situation precipitated the next, and perhaps most significant, merger in the company's history. In 1962, Rio Tinto Company merged with

13482-499: The second explanation, the name came from an Italian translation. Venetian geographer Giovanni Battista Ramusio used the name Monte Real to designate Mount Royal in his 1556 map of the region. However, the Commission de toponymie du Québec disputes this explanation. Historiographer François de Belleforest was the first to use the form Montréal with reference to the entire region in 1575. Archaeological evidence in

13608-669: The subway system known as the Montreal Metro were finished during this time. Montreal also held the World's Fair of 1967, better known as Expo67 . The 1970s ushered in a period of wide-ranging social and political changes, stemming largely from the concerns of the French-speaking majority about the conservation of their culture and language, given the traditional predominance of the English Canadian minority in

13734-427: The two companies actually being shareholders in a single, unified entity. This structure was implemented to avoid adverse tax consequences and regulatory burdens. To eliminate currency exchange issues, the company's accounts are kept, and dividends paid, in United States dollars. Rio Tinto is one of the largest companies listed on either exchange. As such, it is included in the widely quoted indices for each market:

13860-508: The years and since 2010 exists as the Labrador Iron Ore Royalty Corporation (LIORC). No matter the particular corporate form, its treasury receives a 7% gross overriding royalty on iron ore products produced and sold by IOC. The IOC was founded in 1949 by a partnership of Canadian and American firms, most notably Hollinger , Labrador Mining, National Republic, Armco, Youngstown and Wheeling-Pittsburg, and

13986-426: Was able to divest two-thirds of its Spanish operations in 1954 and the remainder over the following years. The company was part of the uranium producers' cartel , Societe d'Etudes de Recherches d'Uranium, which operated from 1972 to 1976. The other cartel members were based in Australia, France, and South Africa. It was formed by the major non-United States uranium producers to mitigate the impacts of US policy on

14112-592: Was announced Rio Tinto had acquired a 15% stake in the Australian exploration and development company, Sovereign Metals for US $ 27.6 million. In October 2024, Rio Tinto signed an agreement to acquire U.S.-based Arcadium Lithium for $ 6.7 billion. The deal involved a cash offer of $ 5.85 per share, reflecting a nearly 90% premium over Arcadium's recent closing price. The acquisition, expected to close in mid-2025, would integrate Arcadium's lithium assets into Rio's operations, further enhancing its portfolio of critical minerals. The company has operations on six continents, but

14238-592: Was announced that the company's chief executive Jean-Sébastien Jacques , along with two executives, would resign because of Rio Tinto's destruction of two ancient rock shelters in the Pilbara region of Australia. The company's chief financial officer, Jakob Stausholm , became the new chief executive on 1 January 2021. In March 2022, Rio Tinto completed the acquisition of Rincon Mining's lithium project in Argentina for $ 825 million, following approval by Australia's Foreign Investment Review Board . In July 2023, it

14364-666: Was assigned to defend Rhode Island in July 1777 . Montreal was incorporated as a city in 1832. The opening of the Lachine Canal permitted ships to bypass the unnavigable Lachine Rapids , while the construction of the Victoria Bridge established Montreal as a major railway hub. The leaders of Montreal's business community had started to build their homes in the Golden Square Mile from about 1850. By 1860, it

14490-480: Was consolidated into a single entity and shareholder interests were aligned and equivalent, although maintained as shares in separately named entities. The merger also precipitated a name change; after two years as RTZ-CRA , RTZ became Rio Tinto plc and CRA became Rio Tinto Limited , referred to collectively as Rio Tinto . Major acquisitions following the Consolidated Zinc merger included US Borax ,

14616-741: Was focused on divestments of assets to raise cash and refocus on core business opportunities. The company sold three major assets in 2008, raising about $ 3 billion in cash. In the first quarter of 2009, Rio Tinto reached agreements to sell its interests in the Corumbá iron ore mine and the Jacobs Ranch coal mine, and completed sales of an aluminium smelter in China and the company's potash operations, for an additional estimated $ 2.5 billion. On 5 July 2009, four Rio Tinto employees were arrested in Shanghai for corruption and espionage. One of

14742-472: Was founded on the southern shore of Montreal island, with Maisonneuve as its first governor. The settlement included a chapel and a hospital, under the command of Jeanne Mance . By 1643, Ville-Marie had come under Iroquois raids. In 1652, Maisonneuve returned to France to raise 100 volunteers to bolster the colonial population. If the effort had failed, Montreal was to be abandoned and the survivors re-located downriver to Quebec City . Before these 100 arrived in

14868-468: Was in talks to receive a substantial equity infusion from Chinalco , a major Chinese state-controlled mining enterprise, in exchange for ownership interest in certain assets and bonds. Chinalco was already a major shareholder, having bought up 9% of the company in a surprise move in early 2008; its ownership stake had risen to 9.8% by 2014, making it Rio Tinto's biggest investor. The proposed investment structure reportedly involves $ 12.3 billion for

14994-515: Was partially motivated as a response to North Limited's 1999 bid to have Rio Tinto's Pilbara railway network declared open access . The Australian Competition & Consumer Commission regulatory body approved the acquisition in August 2000, and the purchase was completed in October of the same year. That year, Rio Tinto also bought North Limited and Ashton Mining for US$ 4 billion, adding additional resources in aluminium, iron ore, diamonds and coal. In 2001, it bought (under Coal & Allied)

15120-704: Was ranked as a global city . Montreal has hosted numerous important international events, including the 1967 International and Universal Exposition , and is the only Canadian city to have hosted the Summer Olympics, having done so in 1976 . The city hosts the Canadian Grand Prix of Formula One ; the Montreal International Jazz Festival , the largest jazz festival in the world; the Just for Laughs festival,

15246-636: Was ranked the 12th-most livable city in the world by the Economist Intelligence Unit in its annual Global Liveability Ranking , although its ranking slipped to 40th in the 2021 index, primarily due to stress on the healthcare system from the COVID-19 pandemic . It is regularly ranked as one of the ten best cities in the world to be a university student in the QS World University Rankings . In 2018, Montreal

15372-632: Was rejected on the same grounds. Meanwhile, the Chinese government-owned resources group Chinalco and the US aluminium producer Alcoa purchased 12% of Rio Tinto's London-listed shares in a move that would block or severely complicate BHP Billiton's plans to buy the company. BHP Billiton's bid was withdrawn on 25 November 2008, with the BHP citing market instability from the global financial crisis of 2008–2009 . On 1 February 2009, Rio Tinto management announced it

15498-544: Was ruled as a French colony until 1760, when Montreal fell to a British offensive during the Seven Years' War . The colony then surrendered to Great Britain. Ville-Marie was the name for the settlement that appeared in all official documents until 1705, when Montreal appeared for the first time, although people referred to the "Island of Montreal" long before then. As part of the American Revolution ,

15624-541: Was the company's investment in copper mines in Northern Rhodesia , later Zambia , which it eventually consolidated into the Rhokana Corporation. These and later efforts at diversification eventually allowed the company to divest from the Rio Tinto mine in Spain. By the 1950s, Franco 's nationalistic government had made it increasingly difficult to exploit Spanish resources for the profit of foreigners. Rio Tinto Company, supported by its international investments,

15750-490: Was the largest municipality in British North America and the undisputed economic and cultural centre of Canada. In the 19th century, maintaining Montreal's drinking water became increasingly difficult with the rapid increase in population. A majority of the drinking water was still coming from the city's harbour, which was busy and heavily trafficked, leading to the deterioration of the water within. In

15876-414: Was −37.8 °C (−36 °F) on January 15, 1957, and the highest temperature was 37.6 °C (99.7 °F) on August 1, 1975, both at Dorval International Airport . Before modern weather record keeping (which dates back to 1871 for McGill), a minimum temperature almost 5 degrees lower was recorded at 7 a.m. on January 10, 1859, where it registered at −42 °C (−44 °F). Annual precipitation

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