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Rio Tinto’s Iron Ore Exports Slip
Rio Tinto’s Iron Ore Exports Slip as Copper Output Ramps Up
Rio Tinto Group, the world’s top iron ore exporter, said shipments of the steelmaking material slipped in the fourth quarter, as demand from China remained lackluster and production at some mines declined.
Rio Tinto Produced Slightly Less Iron Ore, More Copper Last Year
The miner said it produced and shipped slightly less of the steelmaking ingredient iron ore in 2024, but mined more copper, bauxite and made more aluminum.
Rio Tinto iron ore volumes dip on lower Chinese demand in final quarter
Rio Tinto’s iron ore exports took a hit during the fourth quarter and in 2024 overall, giving more detail on the longstanding weak demand for capesize bulk carriers during the period that has bled into 2025.
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Mining giants plot £130bn mega-merger to ride net zero commodity boom
Two of the world’s largest miners are plotting a £130bn mega-merger to ride the net zero commodity boom ...
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$260b Rio Tinto, Glencore mega-deal would sideline Australia
The last time Rio Tinto and Glencore were caught in merger talks, it was all about iron ore. Australia, and the Pilbara, were ...
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China’s economy faces ‘headwinds’ from property woes, Rio warns
The world’s top iron ore exporter said shipments of the steelmaking material slipped in the fourth quarter, as demand from ...
Mining
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Rio Tinto and Glencore discuss potential merger
Rio Tinto is the world’s second most valuable mining company and shares with its Melbourne-based neighbour BHP the ...
nai500
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Rio Tinto and Glencore Discuss Merger Plans, Focusing on This Key Metal
Bloomberg reported that Australian mining giant Rio Tinto and Swiss commodity trader and miner Glencore are in discussions ...
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on MSN
Rio Tinto produced slightly less iron ore, more copper in 2024
Rio Tinto (NYSE:RIO) said Wednesday it produced and shipped slightly less of steelmaking ingredient in 2024, as demand from ...
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