BankTrack news BankTrack blog Partner news Partner blog

Banks financing Rio Tinto stay silent on impacts of world’s biggest mining project

25 banks poured USD 30 billion of lending into Rio Tinto, yet most took no action on Simandou’s large-scale impacts

A new briefing by BankTrack and Advocates for Community Alternatives raises serious concerns over banks’ silence and inaction in the face of the widespread impacts of Guinea's Simandou iron ore project, which is being developed in part by mining giant Rio Tinto. Research for the briefing identified 25 commercial banks with financial ties to Rio Tinto, including USD 29.7 billion…

2026-04-23 | Nijmegen, Netherlands and Accra, Ghana | BankTrack, Advocates for Community Alternatives (ACA)

Blog

BankTrack news BankTrack blog Partner news Partner blog

Banks financing Rio Tinto stay silent on impacts of world’s biggest mining project

25 banks poured USD 30 billion of lending into Rio Tinto, yet most took no action on Simandou’s large-scale impacts

2026-04-23 | Nijmegen, Netherlands and Accra, Ghana | BankTrack, Advocates for Community Alternatives (ACA)

Blog

BankTrack news BankTrack blog Partner news Partner blog

The banks behind Australia’s metallurgical coal boom

New Dodgy Deal profile reveals coal developer BMAs largest financiers

2026-04-22 | BankTrack

Blog

BankTrack news BankTrack blog Partner news Partner blog

ArcelorMittal Quarterly Risk Briefing: April 2026

2026-04-20 | BankTrack, SteelWatch

Blog

BankTrack news BankTrack blog Partner news Partner blog

ING confronted on US LNG finance at annual meeting

Frontline communities and campaigners demanded the Dutch bank end all finance for fossil fuel expansion, including LNG across the United States

2026-04-17 | Amsterdam | BankTrack

Blog

BankTrack news BankTrack blog Partner news Partner blog

StopEACOP campaign condemns "judicial harassment" as anti-EACOP activists face sentencing after more than eight months in remand

2026-04-16 | Kampala, Uganda | #StopEACOP

Blog

BankTrack news BankTrack blog Partner news Partner blog

Mobilisation at UBS AGM: Activists Demand UBS to stop funding oppression

2026-04-15 | Basel, Switzerland | BreakFree Suisse

Blog

BankTrack news BankTrack blog Partner news Partner blog

Raiffeisen met with protests over war profits, fossil finance and surveillance tech at annual meeting

Protesters target RBI contributions to Putin’s war budget, as new research shows an exit from Russia is feasible

2026-04-09 | Vienna | BankTrack, urgewald, Attac Austria, B4Ukraine, IFOR Austria

Blog

BankTrack news BankTrack blog Partner news Partner blog

Thai local voices flag potential ESG and financial risks tied to energy investments ahead of UBS AGM

2026-04-09 | Bangkok | Greenpeace Thailand, SFOC

Blog

BankTrack news BankTrack blog Partner news Partner blog

The price of gas: the hidden costs of European banks’ support for gas power expansion

2026-04-08 | Reclaim Finance

All news

Upcoming events

Apr24

1st Conference on the Transition Away from Fossil Fuels

Fri Apr 24 2026 12:00 AM (UTC) Wed Apr 29 2026 12:00 AM (UTC) Santa Marta, Colombia Meet up

Apr24

People's Summit for a Fossil Free Future

Fri Apr 24 2026 12:00 AM (UTC) Sun Apr 26 2026 12:00 AM (UTC) Santa Marta, Colombia Meet up

Apr28

Financial Roadmaps towards a Just Phaseout and a Fossil-Free Amazon

An event featuring parliamentarians, Indigenous leaders, and the latest analysis on realigning finance to deliver a just transition.

Tue Apr 28 2026 12:00 PM - 3:00 PM (UTC-5) Hotel Zuana Beach Resort, Spa y Centro de Convenciones - Bello Horizonte, Magdalena, Santa Marta - Colombia Meet up

All events

Spotlight

New Dodgy Deal: The Banks Behind BMA's Coal Boom
BMA, the BHP and Mitsubishi joint venture, is planning three coal mine expansions in Queensland that would lock in production until 2116 and generate over four gigatonnes of CO₂. Our new Dodgy Deal…

New Dodgy Deal Alert: Burapa Power Plant, Thailand
The project is marked by unresolved community, environmental, social and economic concerns, active legal disputes and inadequate public participation in environmental assessments.

Take Action: Demand Banks Stop Funding Petrochemical Expansion
This wave of petrochemical expansion poses a serious risk – and banks like Citi are fueling the crisis.

Target Dodgy Deals

Simandou Iron Ore Project

Guinea | project

Mozambique LNG

Mozambique | project

ArcelorMittal

Luxembourg | company

Adani Group

India | company

GEO Group

United States | company

Papua LNG

Papua New Guinea | project

JSW Utkal Steel plant and captive coal power station

India | project

East African Crude Oil Pipeline (EACOP)

Uganda | project

All Dodgy Deals

Focus banks

China CITIC Bank

China

CITIC’s steel decarbonization framework fails to explicitly exclude financing for all five “false solutions” identified in BankTrack’s False Solutions Report, including biomass, CCUS, and carbon offsetting.

UBS

Switzerland

UBS' Annual General Meeting is on 15th April. Several groups will attend inside and outside the AGM highlighting the bank's financial links to ICE contractors, miliyary contractors linked to Palestinian oppression, and fossil fuel expansion.

ING

Netherlands

ING's Annual General Meeting (AGM) is on Tuesday 14th April. BankTrack will be in attendance, alongside representatives of affected communities in the US Gulf South impacted by LNG terminals financed by the Dutch bank.

Raiffeisen Bank International

Austria

Raiffeisen was met with protests over war profits, fossil finance and surveillance tech at its annual meeting on 9th April.

All banks

Campaigns and projects

Banks and Climate

Banks and Human Rights

Banks and Nature

All campaigns and projects

Latest publications

    
    The Business of Leaving: Raiffeisen Bank International and the investment case for exiting Russia

                    2026-04-07 00:00:00
                     |
                    
                        BankTrack, KSE Institute, B4Ukraine                    
                                    
Briefing paper modelling the costs of a full exit from the Russian market for Raiffeisen Bank International

    Financing False Solutions in Steel Decarbonisation 

                    2026-02-11 00:00:00
                     |
                    
                        BankTrack                    
                                    
This report analyses the sustainable finance frameworks of 20 global banks, and which solutions for steel decarbonisation are included. 

    Banking on Biodiversity Collapse 2025

                    2025-11-05 00:00:00
                     |
                    
                        Forests & Finance                    
                                    
    EACOP Finance Risk Update #6

                    2025-10-23 00:00:00
                     |
                    
                        BankTrack & partners