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Rio Tinto Posted Dip in Q1 2024 Pilbara Iron Ore Shipments

Rio Tinto Posted Dip in Q1 2024 Pilbara Iron Ore Shipments

The reduced production at the Yandicoogina mine in the Pilbara region was more or less offset by robust production at other operations.
BHP Posted Notable Dip in Q3 FY24 Iron Ore Output

BHP Posted Notable Dip in Q3 FY24 Iron Ore Output

Meantime, Samarco production was boosted as a result of higher concentrate throughput.
Rio Tinto Appointed Bold Baatar as New CCO

Rio Tinto Appointed Bold Baatar as New CCO

Bold, who currently serves as Chief Executive Copper, is expected to relocate to Singapore to take up the role of Chief Commercial Officer on 1st September, 2024.
Iron Ore Whipsawed Near $100 as China Concerns Dominate Debate

Iron Ore Whipsawed Near $100 as China Concerns Dominate Debate

Iron ore for April traded 3.9% higher at $103.80 a ton at 4:29 p.m. in Singapore, while yuan-priced futures in Dalian ended the session higher. Steel contracts in Shanghai were firmer.
Fortescue Metals Declared Robust Results in H1 FY24

Fortescue Metals Declared Robust Results in H1 FY24

During the period under review, the company reached an important milestone by exporting two billion tonnes of iron ore from its Pilbara Operations.
BHP H1 FY2024 Profit Beat LSEG Expectations

BHP H1 FY2024 Profit Beat LSEG Expectations

The company declared an interim dividend of $0.72 per share, compared with $0.90 per share a year before.
Iron Ore Slides as Rising Stocks, Weak Steel Margins Blur Demand Outlook

Iron Ore Slides as Rising Stocks, Weak Steel Margins Blur Demand Outlook

The weakness in the Singapore benchmark came after it had climbed by over 3% over the holiday break when Chinese bourses were closed.
Goldman Sachs Predicted Deficit Iron Ore Market in 2024

Goldman Sachs Predicted Deficit Iron Ore Market in 2024

The leading iron ore producers such as Brazil and Australia reported lower-than-expected outputs, impacted by several operational challenges.
World Biggest Iron Ore Mining Project to Begin in 2025 in Guinea Republic

World Biggest Iron Ore Mining Project to Begin in 2025 in Guinea Republic

In total, the Group plans to spend around $30 billion by 2025 when analysts project the Simandou mine will begin exports.
Rio Tinto Expects Chinese Stimulus Boost to Propel Iron Ore Demand

Rio Tinto Expects Chinese Stimulus Boost to Propel Iron Ore Demand

The iron ore shipments by Rio Tinto had totalled 331.8 million tons during the previous year.
Chinese Iron Ore Imports Hit Fresh Peak in 2023

Chinese Iron Ore Imports Hit Fresh Peak in 2023

However, the imports stood higher upon comparison with 90.86 million tons of import during the same month a year before.
Rio Tinto Puts Cost of Giant Guinea Iron Ore Mine at $6.2 Billion

Rio Tinto Puts Cost of Giant Guinea Iron Ore Mine at $6.2 Billion

The Simfer development has an initial mine life of at least 26 years, and will ramp up to a rate of 60 million tons a year, with Rio’s share amounting to 27 million.
Rio Tinto Joined Hands with UNESCO to Boost Sustainable Development in Mongolia

Rio Tinto Joined Hands with UNESCO to Boost Sustainable Development in Mongolia

The partnership will collaborate on three primary areas- sustainable tourism, environment and climate change and high quality inclusive education.
Uganda Authorities Decided to Retain Minerals Export Ban

Uganda Authorities Decided to Retain Minerals Export Ban

It targets to curb illegal exploitation of natural resources and deliver transparent mineral trade.

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