
Rio Tinto watching for revival in China iron ore mining
Global miner Rio Tinto said on Thursday it is watching for signs of a revival in domestic iron ore mining in China later this year to reduce reliance on imports amid firmer ore prices.
Rio Tinto maintains iron ore guidance despite challenging Jan-Mar quarter
Rio Tinto’s iron ore shipments guidance for 2017 remains on track despite a challenging first quarter, the company said in its quarterly production results released Thursday.
Iron ore rally fires up Rio Tinto’s commodity merry-go-round: Russell
It’s the stuff of dreams for mining company bosses: high prices and strong production that can be sold into a rally.
New Rio Tinto boss cautious on China, says ‘value not volume’ key
Rio Tinto appears to have shifted away from its long-held view that China’s crude steel production will peak at around 1 billion mt by the end of the next decade, based on new CEO Jean-Sebastien Jacques’ comments Wednesday.
Iron Ore Move by Vale Puts Focus on Rio, Morgan Stanley Says
The global iron ore market will be looking for an update from Rio Tinto Group on its expansion strategy after Vale SA signaled that it may be willing to...
China’s Steel Output Seen Shrinking in 2015 as Rio, BHP Decline
Steel production in China will shrink this year as consumption has peaked, according to the China & Iron Steel Association. Iron ore miners’ shares declined, ...
Rio Warns on Iron Ore Volatility as High-Cost Mines Close
The global iron ore market is in a period of transition as high-cost mines are displaced by cheaper output, according to Rio Tinto Group, which highlighted...