Brazil’s Vale regains title from Rio Tinto
Vale, the big Brazilian iron ore giant, has had a rip-roaring bounce-back in the June quarter. So much so, it has snatched back the title of the world’s biggest producer from Rio Tinto.
Read MoreVale, the big Brazilian iron ore giant, has had a rip-roaring bounce-back in the June quarter. So much so, it has snatched back the title of the world’s biggest producer from Rio Tinto.
Read MoreA busy Tuesday for Rio Tinto (ASX:RIO) included the June quarter production and sales report, news on its Simandou iron ore project in Guinea, and a decision to shut down a mine in Canada threatened by bushfires.
Read MoreTwo media reports over the weekend suggest that Rio Tinto (ASX:RIO) and BHP (ASX:BHP) are still on the takeover trail.
Read MoreNow for the Pilbara battle of the trucks: BHP (ASX:BHP) and Rio Tinto (ASX:RIO) are commencing joint trials on battery-electric trucks, while smaller rival Fortescue has already initiated trials with a green hydrogen-powered vehicle.
Read MoreRio Tinto (ASX:RIO) has officially declared a force majeure on alumina shipments originating from its refineries in Queensland, Australia. The decision stems from a shortage of gas necessary to sustain its operations, according to sources familiar with the matter.
Read MoreIn the third incident of its type in 11 months, Rio Tinto (ASX:RIO) has suffered a major incident with one of its autonomous iron ore trains in the Pilbara overnight Monday.
Read MoreMeetings this week of shareholders in Anglo American in London and Rio Tinto (in Australia) will continue to focus on the fate of BHP $A60 billion all-share offer for the London-based miner.
Read More"Steady as she goes," was the reaction from Rio Tinto (ASX:RIO) management to production data that, on the whole, disappointed a little on the downside, especially for copper and somewhat for iron ore.
Read MoreChinalco of China continues to challenge Rio Tinto's share buyback resolutions, nearing the Australian government's shareholding limit at the miner's London annual meeting.
Read MoreQuietly, an American appeals court has given a new lease of life to the chances of a new copper mine in Arizona, promoted by Rio Tinto and BHP for years. However, there’s still a long way to go, and there is no certainty the mine will ever be built despite this favorable ruling.
Read MoreRio Tinto (ASX:RIO) sticks to 2024 goals as WA iron ore inches up. Market challenges navigated with modest production increase.
Read MoreRio Tinto has named Elias Scafidas as the new managing director of its battery materials division, effective early 2024, succeeding Marnie Finlayson, who recently concluded her tenure and is on extended leave.
Read MoreIt has been a bustling end to 2023 for Rio Tinto (ASX:RIO). A new iron ore mine in the Pilbara, confirmation of progress on a significant iron ore mine in Guinea, and finally, the long-awaited advancement in their Winu copper/gold and silver prospect towards the mining stage.
Read MoreRio Tinto has announced plans to spend over half a billion dollars on exploration and other activities for its upcoming anchor iron ore mine in the Pilbara region, ensuring its significance for decades to come.
Read MoreIn the September quarter, Rio Tinto (ASX:RIO) once again secured its position as the world's largest iron ore shipper. Meanwhile, Vale, its Brazilian rival, reclaimed its title as the largest miner for the three-month period.
Read MoreIn its first estimate for 2024, Rio Tinto (ASX:RIO) has surprised by forecasting only a marginal rise, at best, in iron ore shipments over 2023. However, Rio also said that its shipments will only be maintained at this very high level by availability and shipments of its lower-grade ores (called SP10).
Read MoreIn a strategic move aimed at securing its foothold in the booming battery minerals market, global mining giant Rio Tinto (ASX:RIO) has been quietly amassing exploration tenements in Western Australia, covering a staggering 145,000 hectares.
Read More19 Jul 2022 – Fund Manager Chris Pedersen discusses inflation, iron ore, BHP Group, Rio Tinto, Fortescue Metals Group, Deterra Royalties.
Read More12 Jul 2023 – Major US indexes rose Tuesday, a day after the major averages snapped a three-session decline, as traders await the June consumer price index report set for release on Wednesday, as well as the June producer price index due out on Thursday.
Read MoreA busy return from the King’s Holiday weekend for Rio Tinto with three material announcements made to the market on Tuesday.
Read MoreGreatland Gold said Tuesday that it has entered a joint venture agreement with Rio Tinto to speed up exploration across a tenure near the Havieron gold-copper project in WA.
Read MoreCEO Jakob Stausholm told Rio’s Australian AGM on Thursday that, while his company remains very interested in lithium, it doesn’t want to pay too much to play.
Read MoreThe March quarter saw Rio Tinto retain its position as the world’s biggest iron ore company, while major rivals BHP and Brazil’s Vale marked time or lost ground.
Read MoreRio Tinto has made a very strong start to its 2023 financial year with a stellar performance in its WA iron ore operations, where it reported a 16% lift in exports in the three months to March.
Read MoreRio Tinto says it will support ERA’s latest capital raising to help fund the continuing rehabilitation of the Ranger uranium mine in the Northern Territory to the end of June 2024.
Read MoreThe news has slipped past most investors, but the copper mining interests of BHP, Rio Tinto and South 32 look likely to escape any punitive new taxes from the leftist government of Chile.
Read MoreRio Tinto has fallen into line with rivals BHP and Fortescue by revealing a sharp fall in revenues, earnings and dividends for 2022 as iron ore prices sank and stayed sunk.
Read MoreRio Tinto has again held onto its position as the world’s number one iron ore miner after its big Brazilian rival Vale produced a surprisingly weak 4th quarter report.
Read MoreDespite production increases across most operations in 2022, Rio Tinto’s earnings for the year to December won’t go anywhere near 2021’s huge $US21.9 billion figure.
Read MoreRio Tinto this week provided a view of how it sees the Chinese economy travelling next year – no real improvement, with its iron ore guidance unchanged from 2022 levels.
Read MoreRio Tinto will spend upwards of $A900m expanding existing plans for cutting carbon emissions from its Pilbara iron ore operations as part of an $A11.5bn global program.
Read MoreRio Tinto’s plan to excise dissenting votes from the signoff for the minorities in Turquoise Hill has now run aground after a Canadian regulator raised questions about it.
Read MoreRio Tinto has been forced to do a special deal with two dissident shareholders in Turquoise Hill Resources to avoid its $US3.3 billion mop up takeover offer being rejected.
Read MoreA 46% slump in operating profit for Brazilian iron ore giant Vale is an early indication of the damage the recent price weakness is doing to the profits of BHP, Rio Tinto and Fortescue.
Read MoreAnother underwhelming quarterly performance from its iron ore division has led to the world’s biggest miner Rio Tinto winding back expectations for its 2022 financial year.
Read MoreRio Tinto and the Canadian government have announced a $C737 million investment plan to not only upgrade its production of titanium and scandium, but also to cut carbon emissions.
Read MoreRio Tinto and ERA have made a definitive move to lower the temperature of their dispute about rehabilitating the Ranger uranium mine and its surrounds in the Northern Territory.
Read MoreNews from global copper majors MMG and Rio Tinto this week underlines how the rising importance of renewables is allowing some miners to find long-term growth opportunities.
Read MoreThe CEO of Rio Tinto has made it clear the mining giant will not be lifting its offer for the 49% of Turquoise Hill it doesn’t own, despite ongoing criticism from two minority shareholders.
Read MoreRio Tinto has joined Mineral Resources in getting into bed with the world’s biggest steelmaker, China Baowu Steel Group, to develop small projects in WA’s Pilbara region.
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