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 production from its Pilbara operations in Western Australia of 84.
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 Iron Ore Shipments Steady Despite China Slowdown
Rio Tinto Group said third-quarter iron ore shipments edged up 1% from the year before, as demand from China continued to soften amid an economic slowdown and ongoing property crisis.
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, ...
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.
BenarNews9d
Rio Tinto class action begins over Bougainville mining disaster
An initial hearing of a class action against mining giant Rio Tinto over the toxic legacy of the Panguna copper mine on ...
Benzinga.com2d
Rio Tinto Disappoints On Q3 Production, Sets Positive Tone About Organic Growth
Rio Tinto misses iron ore production expectations despite a 1% increase. Organic growth and a timely acquisition could mitigate risks in copper and iron assets. Rio Tinto increased Pilbara's ...
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 ...
Rio Tinto: Strong Market Position with Promising Future Growth and a Buy Rating
Jason Fairclough, an analyst from Bank of America Securities, maintained the Buy rating on Rio Tinto (RIO – Research Report). 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 ...