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Iron ore bonanza to deliver until 2022 as supply squeeze lingers
Wed, 07 Apr 2021 00:00:00 GMT
Australias biggest miners are poised to benefit from better-than-expected iron ore prices for at least the rest of the year as global ratings agency S&P upgrades its forecasts for the key steel-making raw material. After surging Chinese steel output in 2020 propelled iron ore prices to a 10-year high and delivered bumper returns to shareholders of BHP, Rio Tinto and Fortescue, S&P Global on Friday upgraded its price assumption for the commodity from $US100 a tonne to $US130 a tonne
https://www.hellenicshippingnews.com/iron-ore-bonanza-to-deliver-until-2022-as-supply-squeeze-lingers/


High iron ore prices spur mining, protests in Australias Tasmania
Fri, 19 Mar 2021 00:00:00 GMT
Buoyant iron ore prices have paved the way for mining in Australias southern Tasmanian state, where developer Venture Resources project has come under pressure from conservationists over potential impact on a wilderness area. Australia is the worlds top producer of iron ore, almost all of which comes from the ancient Pilbara region in the countrys west. But strong Chinese demand and Brazilian supply constraints have propelled iron ore prices to decade-highs above $175 a tonne this
https://www.hellenicshippingnews.com/high-iron-ore-prices-spur-mining-protests-in-australias-tasmania/


Should I buy Rio Tinto shares
Tue, 09 Mar 2021 00:00:00 GMT
Mining stocks are performing well. Royston Roche reviews Rio Tinto shares. He likes the company's stable cash flows and good profits. Read
https://www.fool.co.uk/investing/2021/03/09/should-i-buy-rio-tinto-shares/


Fortescue community grants now open for applications
Thu, 04 Mar 2021 00:00:00 GMT
Grants of up to $5,000 are now available for community organisations in the Pilbara, under the latest round of Fortescue Metals Groups community grants
https://www.fmgl.com.au/in-the-news/media-releases/2021/03/04/fortescue-community-grants-now-open-for-applications


Rio Tinto, two others sign deal to explore low-carbon iron in ...
Thu, 18 Feb 2021 00:00:00 GMT
Rio Tinto has agreed to explore production of a low-carbon steel feedstock in Canada, the global miner said on Tuesday, as part of its strategy to reduce carbon emissions. The miner said it has signed a memorandum of understanding with Luxembourg-based engineering firm Paul Wurth S.A. and German steelmaker SHS-Stahl-Holding-Saar GmbH & Co. KGaA. The companies will explore the viability of transforming iron ore pellets into low-carbon hot briquetted iron (HBI), a low-carbon steel
https://www.hellenicshippingnews.com/rio-tinto-two-others-sign-deal-to-explore-low-carbon-iron-in-canada/


Rio Tinto, Germany's SHS steel group to develop green HBI in ...
Wed, 17 Feb 2021 00:00:00 GMT
Rio Tinto said Feb. 16 its Canadian iron ore venture has joined German steel group SHS-Stahl-Holding-Saar and engineering group Paul Wurth to explore production of low-emissions hot briquetted iron (HBI) using iron ore pellets and green hydrogen. A feasibility study into potential industrial scale low-carbon iron production in Canada is scheduled for completion in
https://eurometal.net/rio-tinto-germanys-shs-steel-group-to-develop-green-hbi-in-canada/


China iron ore rises as key supplier Australia braces for potential ...
Fri, 22 Jan 2021 00:00:00 GMT
Dalian iron ore futures rose on Thursday as key supplier Australia began preparing for a potential tropical cyclone, while worries over rising coronavirus cases in China weighed on prices of the steelmaking raw material in Singapore. The most-active May iron ore contract on Chinas Dalian Commodity Exchange ended a volatile morning session 0.7% higher at 1,059 yuan ($163.93) a tonne. Australias Pilbara Ports Authority has begun clearing large vessels from anchorages at Port Hedland, the
https://www.hellenicshippingnews.com/china-iron-ore-rises-as-key-supplier-australia-braces-for-potential-cyclone/


Whats next for Rio Tintos dividend
Thu, 21 Jan 2021 00:00:00 GMT
Given the current macroeconomic conditions and Rio Tintos past, Jay Yao writes what he thinks management will do with the dividend in the coming... Read
https://www.fool.co.uk/investing/2021/01/21/whats-next-for-rio-tintos-dividend/


Rio Tinto lifts iron ore targets, warns Juukan Gorge impact still ...
Tue, 19 Jan 2021 05:35:04 GMT
Rio Tinto has flagged it may lift iron ore output in 2021 but warns the fallout from last year's Juukan Gorge disaster remains
https://www.smh.com.au/business/companies/rio-tinto-lifts-iron-ore-targets-warns-juukan-gorge-impact-still-unknown-20210119-p56v4x.html


4 Stocks to Grab as Iron Ore Price Rally Continues in 2021
Thu, 07 Jan 2021 13:50:01 GMT
With iron ore prices on an uptrend this year aided by demand from China, we suggest adding stocks like BHP Group (BHP), Rio Tinto (RIO), Vale (VALE) and Fortescue Metals (FSUGY) to your
https://finance.yahoo.com/news/4-stocks-grab-iron-ore-135001830.html?.tsrc=rss


Iron ore prices poised to hit US$180 next month: Westpac
Fri, 25 Dec 2020 00:00:00 GMT
The Chinese governments attempt to cool the iron ore price has not stopped some experts from predicting another surge as early as next month. Westpac Banking Corp (ASX: WBC) believes the stars are aligned for the steel-making mineral to rally close to 20% in January to circa US$180 a tonne, reported the Australian Financial Review. That should keep the BHP Group Ltd (ASX: BHP) share price, Rio Tinto Limited (ASX: RIO) share price and Fortescue Metals Group Limited (ASX: FMG) share price
https://www.hellenicshippingnews.com/iron-ore-prices-poised-to-hit-us180-next-month-westpac/


Rio chairman moves to reset relationship with Indigenous group ...
Thu, 24 Dec 2020 06:10:04 GMT
Rio Tinto has begun work on building the trust of Indigenous communities following the Juukan Gorge cave disaster, revealing chairman Simon Thompson has met with the PKKP in a bid to reset the
https://www.smh.com.au/business/companies/rio-chairman-moves-to-reset-relationship-with-indigenous-group-over-cave-blast-20201223-p56puw.html



Number of Rio Tinto news reports: 12
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