UBS, the Swiss bank, expects BHP Group Ltd (LSE:BHP, ASX:BHP) and Rio Tinto Ltd (LSE:RIO, ASX:RIO, OTC:RTNTF) to deliver stronger iron ore shipments in the September quarter, although weak Chinese demand is keeping prices under pressure. UBS analysts Myles Allsop, Lachlan Shaw and colleagues said iron ore prices had fallen to about $91 a tonne, with free-on-board prices at more than 10-year lows.
MELBOURNE, Australia--(BUSINESS WIRE)--Rio Tinto, the Tasmanian Government and the Australian Government have reached agreement to secure the ongoing operation of Bell Bay Aluminium in northern Tasmania through to the end of 2031. Under the arrangements, Hydro Tasmania will continue supplying electricity to Bell Bay Aluminium until 31 December 2031, and the Australian and Tasmanian Governments ...
More than 6,500 people in Madagascar have filed a claim in London's High Court against Rio Tinto , alleging contamination from the mining group's mineral sands operation exposed them to dangerous levels of lead and uranium.
Italian cable maker Prysmian said on Friday it had partnered with Rio Tinto to supply electrical cables made with low-carbon aluminium for an Amazon data centre in Ohio.
Australian stocks ended Friday at a more than two-month low, as miners led by BHP lost on weaker commodity prices, while a surge in oil prices over the week heightened inflation concerns and kept investors on edge.
PERTH, Australia--(BUSINESS WIRE)--The Nyangumarta Warrarn Aboriginal Corporation (NWAC) and Rio Tinto have signed a Project Agreement for the proposed Winu copper-gold mine on Nyangumarta Country, marking a significant milestone in their long-term partnership and the development of the project. Building on the Project Planning Agreement signed in 2023, the newly co-designed agreement sets out ...
Rio Tinto has agreed to acquire the Aurukun Bauxite Project in Western Cape York, Queensland from a joint venture between London-listed Glencore and Mitsubishi Development, a company spokesperson said on Tuesday.
KARRATHA, Australia--(BUSINESS WIRE)--Ngarlawangga Aboriginal Corporation and Rio Tinto have signed an Interim Modernised Agreement, strengthening their partnership and delivering long-term benefits for the Ngarlawangga People. The interim agreement reflects a jointly designed co-management approach, underpinning how the two parties work together on Ngarlawangga Country within the agreement are...
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