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Steel News: Rio Tinto

Latest business headlines and reports


Rio Tinto pledges $1.5 billion to be 'carbon neutral' by 2050
Wed, 26 Feb 2020 00:00:00 GMT
Mining giant Rio Tinto says it will invest $1.5 billion over five years in initiatives to drastically reduce greenhouse gas emissions and become carbon-neutral by
https://www.smh.com.au/business/companies/rio-tinto-pledges-1-5-billion-to-be-carbon-neutral-by-2050-20200226-p544ko.html


Rio Tinto in talks with Chinese customers over coronavirus hit
Wed, 26 Feb 2020 00:00:00 GMT
Rio Tinto, the nation's second-largest miner, is in discussions with hundreds of its Chinese customers as the coronavirus outbreak causes 'significant
https://www.smh.com.au/business/companies/rio-tinto-in-talks-with-chinese-customers-over-coronavirus-hit-20200226-p544md.html


Rio Tinto trims iron ore guidance, market sees price support
Tue, 18 Feb 2020 00:00:00 GMT
Miner Rio Tinto has trimmed its 2020 iron ore shipments guidance from the Pilbara area of Western Australia by between 6 million mt and 9 million mt, or around 2%, due to infrastructure damage and shipping restrictions caused by the recent passage of tropical cyclone Damien. Seaborne iron ore prices are likely to be supported by the news, analysts said Monday, especially after Brazilian miner Vale also announced reduced first-quarter shipment expectations last week, as a result of heavy
https://www.hellenicshippingnews.com/rio-tinto-trims-iron-ore-guidance-market-sees-price-support/


Coronavirus logjam hits Rio Tinto copper deliveries
Wed, 12 Feb 2020 00:00:00 GMT
Australian miner Rio Tinto is experiencing a slowdown in sending deliveries of copper concentrate from its Mongolian mine to Chinese customers across the
https://www.smh.com.au/business/companies/coronavirus-logjam-hits-rio-tinto-copper-deliveries-20200212-p5408c.html


Rio Tinto slashes supplier payment terms days after scrapping ...
Wed, 05 Feb 2020 00:00:00 GMT
Under the changes, Rio Tinto will immediately begin transitioning small businesses with annual turnover up to $10 million to payment terms that will see them paid within 20 days of receipt of a valid
https://www.smh.com.au/business/companies/rio-tinto-introduces-20-day-payment-terms-for-suppliers-20200205-p53xzk.html


Mining giant Rio Tinto pressures BCA on climate as more members ...
Fri, 17 Jan 2020 00:00:00 GMT
Rio chief Jean-Sebastian Jacques has pushed influential industry group the Business Council of Australia to do more on climate change
https://www.smh.com.au/business/companies/mining-giant-rio-tinto-pressures-bca-on-climate-as-more-members-depart-20200116-p53ryr.html


Rio Tinto starts resuming operations at Richards Bay Minerals ...
Wed, 25 Dec 2019 23:06:06 GMT
Mining company Rio Tinto said it had started the process of resuming operations at its Richards Bay mineral sands operation in South Africa following security problems. A phased restart was now
https://www.stockmarketwire.com/article/6728095/Rio-Tinto-starts-resuming-operations-at-Richards-Bay-Minerals-in-South-Africa.html


Fortescue announces innovative contract model with Aboriginal ...
Tue, 17 Dec 2019 00:00:00 GMT
Fortescue Metals Group has announced the award of Village Facilities Management Agreements through an innovative contract model between Sodexo Remote Sites Australia Pty Ltd and three Aboriginal businesses owned by Pilbara Native Title
https://www.fmgl.com.au/in-the-news/media-releases/2019/12/17/fortescue-announces-innovative-contract-model-with-aboriginal-businesses-for-village-services


Rio Tinto ticks off on $1b iron ore upgrade at oldest mine
Wed, 27 Nov 2019 00:00:00 GMT
Rio Tinto has approved a $1 billion investment to maintain production and drive down costs at its oldest mine in Western
https://www.smh.com.au/business/companies/rio-tinto-ticks-off-on-1b-iron-ore-upgrade-at-oldest-mine-20191127-p53eip.html


Australia's Fortescue loses bid to develop Guinea iron ore ...
Wed, 13 Nov 2019 23:54:07 GMT
Fortescue Metals Group lost out in its bid to develop two blocks at the Simandou iron ore deposit in Guinea, the Australian miner said on Thursday. A China-backed consortium of French, Singaporean and Guinean interests won the tender through its $14 billion bid, sources told Reuters - on Wednesday. Fortescue said the Guinean government told them it would go ahead with detailed negotiations with the preferred bidder in the coming
https://finance.yahoo.com/news/1-australias-fortescue-loses-bid-235407784.html?.tsrc=rss


Rio Tinto expects lift in iron ore shipments despite China worries
Thu, 31 Oct 2019 00:00:00 GMT
Mining giant Rio Tinto expects to increase its iron ore shipments next year despite concerns of slowing demand from
https://www.smh.com.au/business/companies/rio-tinto-expects-lift-in-iron-ore-shipments-despite-china-worries-20191031-p536b6.html


Number of news reports: 11




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