Rio Tinto

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Rio Tinto Ltd said on Wednesday it had approved a $749 million investment in its Greater Tom Price operations to help sustain production capacity in its iron ore business in the Pilbara region of Western Australia.
News ID: 7634    Publish Date : 2019/11/26

According to a Platts report Rio Tinto Aluminium issued a force majeure declaration on aluminium shipments out of Canada, caused by a weeklong strike which was affecting shipments via Canadian National Railways. The strike, which began on November 19 is likely to come to an end as a tentative agreement was signed between CN and the Teamsters union to end the strike amicably.
News ID: 7591    Publish Date : 2019/11/28

Mining companies should make more use of technology to respond to increasing demands from investors and communities for responsible mining practices, Rio Tinto CEO Jean-Sébastien Jacques said on Monday.
News ID: 7171    Publish Date : 2019/11/01

Australia’s Newcrest Mining is tapping big data and block caving to delve deeper into the earth’s crust for mineral riches that just a handful of years ago would have been too costly to extract.
News ID: 7148    Publish Date : 2019/10/29

A global inquiry into mining waste storage systems of more than 700 resources companies, launched in April after the collapse of a dam in Brazil that killed hundreds, shows about a tenth of the structures have had stability issues.
News ID: 7139    Publish Date : 2019/11/01

Rio Tinto on Thursday flagged higher costs as it replaces aging infrastructure and boosts iron ore production, and also raised questions over the future of its Australian aluminium business.
News ID: 7138    Publish Date : 2019/11/01

Rio Tinto has reportedly begun the commissioning of an industry-leading filter press technology at its Vaudreuil alumina refinery in Quebec, under CAD $250 million budget. Four 85-tonne presses have been already installed. The original scheduled time of commissioning the presses was six weeks later.
News ID: 7003    Publish Date : 2019/10/26

World's second largest iron ore miner- Rio Tinto 's Pilbara iron ore production witnessed at 87.3 MnT for Q3 CY19, up 10% as against 79.7 MnT in Q2 CY19. On yearly premises miner depicted 6% increase in production when compared to Q3 CY18 output at 82.5 MnT.
News ID: 6990    Publish Date : 2019/10/16

FLSmidth and Rio Tinto have executed a five-year, fixed-term Global Framework Agreement (GFA) which enables the parties to engage on the supply of fixed equipment, including mineral processing and material handling technologies, spare parts, consumables, and maintenance, consultancy and professional services.
News ID: 6972    Publish Date : 2019/10/26

Rio Tinto is looking for copper and zinc-lead deposits in four Chinese regions, including Xinjiang and Inner Mongolia, as part of an exploration venture with state-owned China Minmetals Corp, a spokeswoman for the Anglo-Australian miner said on Friday.
News ID: 6764    Publish Date : 2019/10/11

Rio Tinto , one of the world’s top iron ore miners, signed its first spot trading contract denominated in Chinese Renminbi on Friday, in an effort to diversify procurement channels for Chinese customers.
News ID: 6730    Publish Date : 2019/10/11

Rio Tinto (LON, ASX, NYSE:RIO), the world’s second-biggest producer of iron ore, is said to have cancelled plans to sell its Iron Ore Company of Canada (IOC) business after failing to settle on a suitable price with potential buyers.
News ID: 6500    Publish Date : 2019/10/05

Rio Tinto on Friday said it had moved a step closer to the development of a new copper project in Arizona, one of the few known major deposits of the metal, with the potential to meet around a quarter of U.S. demand.
News ID: 5870    Publish Date : 2019/08/12

SteelMint in conversation with trade sources learned that Chinese mills have reduced bid for low grade iron ore fines following steep decline in global iron ore fines index throughout this week. SteelMint’s assessment for low grade (Fe 57%) iron ore fines is around USD 60-62/MT, FoB India or equivalent to USD 75-77/MT, CFR China as against being USD 87/MT, CFR China last month.
News ID: 5771    Publish Date : 2019/08/06

Brazilian miner Vale SA on Wednesday said it swung to a quarterly loss as the company announced more than $2 billion in fresh writedowns related to two deadly dam bursts suffered by the company over a period of less than four years.
News ID: 5640    Publish Date : 2019/08/01

Looking for a long-term bullish signal for copper? Then look no further than Rio Tinto ’s struggles with the Oyu Tolgoi mine and expansion project in Mongolia.
News ID: 5432    Publish Date : 2019/07/23

Guinea has launched an international tender for blocks 1 and 2 of Simandou, giving companies until Aug. 2 to outline their bids, as the country seeks to revive interest in the world’s largest undeveloped iron ore deposit.
News ID: 5410    Publish Date : 2019/07/22

The world’s No.2 miner, Rio Tinto , (ASX, LON, NYSE:RIO) is once again in trouble in Mongolia, but this time it is not related to the government questioning the legitimacy of the ongoing underground expansion of its giant Oyu Tolgoi copper-gold-silver mine, but the costs and schedule of the project.
News ID: 5269    Publish Date : 2019/07/17

Turquoise Hill’s (NSYE: TRQ) stock tanked over 42% on Tuesday, after releasing its Q2 2019 report, revealing costs for the expansion of its Oyu Tolgoi mine could increase by up to $1.9 billion.
News ID: 5268    Publish Date : 2019/07/17

World's second largest iron ore miner- Rio Tinto 's Pilbara depicted fall of 3% in iron ore shipment to 85.4 MnT in Q2 CY19 as against 88.5 MnT in Q2 CY18. The drop is attributed to fall in Apr’19 shipment due to recovery works following tropical cyclone Veronica in Mar’19. However, the shipment recorded significant rise of 24% as compared Q1 CY19 shipment at 69.1 MnT.
News ID: 5252    Publish Date : 2019/07/17

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