Pilbara Ore Weakens for Rio, No Word on Jandar
A weak March quarter production report from Rio Tinto so far as its Pilbara iron ore operations are concerned, while only ominous silence about the future of its Jandar Serbian lithium mine.
Read MoreA weak March quarter production report from Rio Tinto so far as its Pilbara iron ore operations are concerned, while only ominous silence about the future of its Jandar Serbian lithium mine.
Read MoreThe status-quo result of Serbia’a elections has produced an outcome that won’t make Rio Tinto happy about the future plans for its $US2.4 billion Jadar lithium project in that country.
Read MoreTomorrow’s elections will play a key role in determining if Rio Tinto’s ambitions for a $US2.4 billion lithium mine and processing operation in Serbia are confirmed or finally dashed.
Read MoreGuinea’s ruling junta has reached an agreement with Rio Tinto and its Chinese-backed JV partner to resume development work at the huge Simandou iron ore deposit.
Read MoreRio Tinto has revealed plans to buy out the minorities in Turquoise Hill, the company which controls a major stake in the troubled Mongolian copper gold mine, Oyu Tolgoi.
Read MoreRio Tinto’s West African iron ore ambitions have come to a shuddering halt in Guinea, with a halt ordered to the work being done at the Simandou project in the country’s southeast.
Read MoreOutperform rating retained. Target rises to $130 from $110.
Read MoreHold rating is maintained, while the target price rises to $107 from $102.
Read MoreA host of records for Aussie mining giant Rio Tinto in its 2021 financial year results: record dividends, record annual revenue, record underlying earnings, and record after-tax profit.
Read MoreAs Energy Resources of Australia is finding out the hard way, it’s not the production and selling costs involved with mining fossil fuels that catch you in the end, it is the rehab costs.
Read MoreAccording to a Reuters report on Friday morning, the Serbian government has revoking all licenses related to Rio Tinto’s exploration for lithium in the country.
Read MoreRio Tinto revealed in a release on Tuesday that rising opposition had forced it to push back the timeline for first saleable production at its $US2.4 billion Serbia lithium project.
Read MoreSell rating retained, UBS believing the iron-ore price risk is to the downside. Target price steady at $80.
Read MoreRio Tinto might have vowed to get its iron ore business back to growth, but that won’t happen this year after the company set the lowest guidance in at least five years.
Read MoreRio Tinto has agreed to write off Mongolia’s outstanding $US2.3 billion debt for its share of the cost of developing the Oyu Tolgoi copper-gold project.
Read MoreUBS retains a Sell rating, noting the iron ore outlook remains fragile as port inventories build. $79 target price retained.
Read MoreThe broker’s Hold rating is maintained. Target price falls to $104 from $112.
Read MoreAfter several days of going nowhere, news from China sent iron ore prices lower on Thursday, just as some of the big boys revealed cuts to output due to the uncertain global outlook for 2022.
Read MoreRio Tinto has announced that it will triple its climate ambitions by aiming to cut slash emissions by 50% by 2030 at a cost of at least $US7.5 billion (more than $A10 billion) over the next eight years.
Read MoreThe broker maintains its Hold rating and lowers its target price to $117 from $123, after lowering iron ore price forecasts.
Read MoreShareholders in Rio Tinto will get record dividends totalling $US5.61 a share (about $A7.60) after the iron ore giant revealed a record profit and revenues for the six months to June.
Read MoreBHP and Rio Tinto have revealed new offshore plays to get deeper into the renewable commodities sector: a Canadian nickel company for BHP and
a big Serbian lithium mine for RIO.
Rio Tinto retained its top ranking in the global iron ore export stakes – by the narrowest of margins in the three months to June – just 200,000 tonnes.
Read MoreRecord iron ore prices mean strong cash flow and dividends are anticipated from Rio Tinto, outweighing a difficult quarterly production outcome.
Read MoreThe broker maintains its Hold rating and lowers its target price to $120 from $121.
Read MoreRio Tinto’s June quarter was a forgettable one to say the very least, with climactic and operational challenges causing them no end of problems and jeopardising hopes of profit growth for the full year.
Read MoreA glance through the latest expert views and predictions about commodities: steel, Russian base metals, oil & OPEC, and green aluminium.
Read MoreResource stocks surged on the ASX in Monday trading with some of the majors and the broader market reaching new highs thanks to record iron ore and copper prices.
Read MoreRio Tinto lifted its shipments of iron ore during the March quarter, thanks to solid demand from China and recovering demand from Japan, South Korea and other markets.
Read MoreUBS maintains its Neutral rating on Rio Tinto but slashes the target to $104 from $126.
Read MoreDid Rio Tinto spot this major change coming from the SEC that will force every energy company in the world to take climate change issues far more seriously?
Read MoreFurther casualties at Rio Tinto from its appalling handling of the 46,000-year-old Juukan Gorge rock shelters that saw the CEO and other senior managers depart last year.
Read MoreMining giant Rio Tinto reported a better-than-expected 20% rise in underlying profit for the year to December 31 and said it would pay record total dividends of $US5.57 a share.
Read MoreRio Tinto finished 2020 in line with its guidance and ahead of UBS’s estimates with total iron ore shipments at 330.6mt. A final dividend of US$3.70 per share is forecast. The Neutral rating and target price of $115 are unchanged.
Read More2021 is going to be a year of marking time for Rio Tinto with targets for the coming year little changed from 2020, which likely means they will be looking to cost cutting and price gains to drive earnings growth.
Read MoreMacquarie has marked to market December quarter commodity prices and foreign exchange rates and remains positive on copper exposure going into 2021. for Rio Tinto, the major driver for the diversified miner remains buoyant iron ore prices. The Outperform rating and target of $127 are unchanged.
Read MoreA big week for the local market – not for the earnings results – but for the production and sales data from two of the world’s mining majors and iron ore giants – Rio Tinto and BHP.
Read MoreStrong demand from Chinese steel mills and renewed supply concerns about Brazil saw iron ore prices urge to new highs on Monday.
Read MoreThe iron ore price so far in December is up 21.65% and looks very much in a boom and that will, if past history is any guide, end in tears and a big slide. The sharp rise in prices has triggered a moan from China’s steel industry.
Read MoreGlobal iron ore prices surged to new multi-year highs well above $US150 a tonne on Thursday after a tropical low in the Indian Ocean triggered moves to clear Port Hedland of vessels and send them to sea.
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