Rio Tinto reports slightly higher Q3 iron ore output
Rio Tinto Q3 iron ore shipments rise, Simandou on track for 2025
Rio Tinto , eked out higher iron ore shipments in the third quarter, largely in line with expectations, and said it remained on track for first production from its Simandou high-grade iron ore project in Guinea next year.
Rio Tinto Iron Ore Output Rises; Copper, Aluminum Production Falls
Shipments from that Australian iron-ore business, most of which is destined for steel mills in China, rose by 1% year over year to 84.5 million tons. The miner stuck with its annual shipment estimate for the operations, of 323 million to 338 million tons, and said productivity gains are offsetting depleting supplies from older mines.
Rio Tinto reports slightly higher Q3 iron ore output, warns on inflation
Rio Tinto (NYSE:RIO) said Tuesday it produced slightly more iron ore in Q3 while narrowly missing expectations, while copper and aluminum output came in lower compared to the year-earlier quarter. The world's largest producer of iron ore reported Q3 ...
Rio Tinto’s Australian Iron Ore Output Rises, Cautions on Cost Inflation
The world’s second-biggest miner by value said it produced slightly more iron ore from its Australian operations in the third quarter of 2024 but cautioned on inflation pressures.
Rio Tinto's third-quarter iron ore shipments get a lift from operational improvements
Rio Tinto reported a 1% rise in third-quarter iron ore shipments on Wednesday, but marginally missed market expectations, as operational improvements at its Pilbara operations lifted output. Iron ore prices remained under pressure for the larger part of the third quarter due to dimmed demand prospects in top consumer China's steel market amid persistently weak property prices.
The Economist1d
BHP and Rio Tinto are heading in different directions
Rio’s focus on expansion, however, has come at a cost. In 2019 the return on capital for the two miners was almost identical, ...
Rio Tinto Disappoints On Q3 Production, Sets Positive Tone About Organic Growth
The leading global miner Rio Tinto (NYSE:RIO) has missed analysts' estimates, scoring weaker-than-expected third-quarter ...
Berenberg lowers target price on Rio Tinto
Analysts at Berenberg lowered their target price on mining giant Rio Tinto from 6,200.0p to 6,000.0p on Friday following the ...
The Next Web8d
Rio Tinto backs six startups in high-tech bid for cleaner mining of lithium, copper
Rio Tinto and Founders Factory have kicked off the Mining Tech Accelerator in a bid to nurture high-tech solutions to mining ...
Meet The Rio Tinto Backed Startups Set To Decarbonize And Transform Mining
This move aligns with Rio Tinto's focus on the green economy, as lithium is a crucial component in electric car batteries.
Broker tips: Rio Tinto, Bunzl
Analysts at Berenberg lowered their target price on mining giant Rio Tinto from 6,200.0p to 6,000.0p on Friday following the ...
Why Rio Tinto Stock Is Trading Lower Tuesday
Rio Tinto shares are trading lower by 4.4% Tuesday afternoon. Shares of copper and iron ore companies are trading lower amid ...
Rio Tinto Limited: Strategic Growth and Strong Market Position Justify Buy Rating
Goldman Sachs analyst Paul Young has maintained their bullish stance on RTNTF stock, giving a Buy rating on October 14. Paul Young’s ...