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Win-or-bust month for Rio Tinto shares
Wed, 06 Oct 2021 00:00:00 GMT
Rising infrastructural demand is positive for mining giants. But is the short-term outlook of Rio Tinto shares attractive enough for long-term investors Read

Mining stocks are crashing. Should I buy Anglo ...
Mon, 20 Sep 2021 00:00:00 GMT
Mining stocks have been battered recently, due to the prices of commodities like iron ore falling. Should I buy Anglo American and Rio Tinto... Read

Fortescues Community Grants program supports thriving communities
Wed, 08 Sep 2021 00:00:00 GMT
Fortescue Metals Group is inviting Pilbara-based community organisations to apply for the latest round of their Community Grants

Where does the Rio Tinto share price go from ...
Tue, 31 Aug 2021 00:00:00 GMT
Here's why I'm strongly considering Rio Tinto (LSE:RIO) shares for my portfolio in the current environment. Read More

Iron ore miners are awash with cash, but see different futures: ...
Tue, 03 Aug 2021 00:00:00 GMT
Major iron ore producers are awash in a sea of cash, and are likely to remain so despite a recent retreat in the price of the steel raw material. Where they diverge is what they think will be the next big drivers of profit. Rio Tinto RIO.AX, the worlds biggest iron ore miner, posted record first-half profits on July 28, with underlying earnings almost tripling to $12.17 billion from the same period a year earlier. The surging profits were largely built on the back of the rise in iron ore

Gupta pays USD 25 million to end long-running spat with Rio Tinto
Fri, 30 Jul 2021 22:35:00 GMT
Sanjeev Gupta has paid USD 25 million to Rio Tinto Group to settle a long-running dispute over the final payment for an aluminum smelter he bought from the mining giant in

Iron ore slumps on subdued China demand outlook for second half
Fri, 30 Jul 2021 00:00:00 GMT
Iron ore futures in Asia fell on Thursday, pressured by the prospects of a slowdown in demand for the steelmaking ingredient in top buyer China, and despite tempered shipment expectations from its biggest producer, Rio Tinto. The most-traded iron ore for September delivery on Chinas Dalian Commodity Exchange slumped 2.5% to 1,105 yuan ($170.67) a tonne by midday break, extending losses into a third straight session. Iron ores most-active September contract on the Singapore Exchange shed

Rio Tinto posts record half-year earnings on iron ore surge
Wed, 28 Jul 2021 00:00:00 GMT
Rio Tinto logged a record first half performance on Wednesday, underpinned by soaring iron ore prices on strong demand from China, which led the global miner to pay out a bonanza of $9.1 billion in dividends. Rios half-year underlying earnings more than doubled from a year earlier as a massive infrastructure push by China, the worlds top iron ore consumer, and supply problems in Brazil drove prices of the steel-making commodity to record highs earlier this year. Its an amazing result,

Whats going on with the Rio Tinto share price
Wed, 28 Jul 2021 00:00:00 GMT
Rio Tinto posted a great set of results earlier today, but its share price has barely moved. Whats going on Read More

Gaines sees little global iron ore production growth
Tue, 01 Jun 2021 00:00:00 GMT
Fortescue Metals Group boss Elizabeth Gaines has hosed down concerns that the revival of Brazilian producer Vale or China backing development of the Simandou deposit in west Africa will crimp Australias economy-defining iron ore exports. Ms Gaines told the Australian Shareholders Association conference that Simandou was a very complex project and its likely development was coinciding with a drop in Chinas domestic iron ore production. The Fortescue chief executive sees the market

Iron Ore Price Caves But Miners Remain Hugely Profitable, For ...
Tue, 25 May 2021 00:00:00 GMT
Chinese Government pressure on steel mills and commodity traders started to pay off earlier today when the iron price fell below $200 a ton for the first time in three weeks. But the fall to $197/t is unlikely to put more than a dent in the profits of the biggest iron ore miners which are producing the steel-making material at a cash cost of less than $20/t. Even after allowing for all costs companies such as BHP Group, Rio Tinto, Vale and Fortescue Metals, are still generating profits of

FMG, BHP Group and Rio Tinto share prices surge as iron ore goes ...
Tue, 11 May 2021 00:00:00 GMT
Iron ore prices have surged in the last week off the back of Chinese production cuts and the speculation of further issues between Australia and China. Despite the second of those catalysts, Australias big three iron ore miners Fortescque Metals Group, BHP Group and Rio Tinto saw their share prices surge on Monday off the back of this run-up in the commodity. IGs iron ore instrument surged on Monday, gaining 7.7% or around 85 points, to trade above the 1300 handle as of 12:27PM

Number of Rio Tinto news reports: 12
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