Rio Tinto, BHP to partner with BlueScope on low-carbon steel from iron ore

Rio Tinto (NYSE:RIO) and BHP (NYSE:BHP) said Friday they will partner with BlueScope Steel (OTCPK:BLSFF) (OTCPK:BLSFY) to develop Australia's first electric smelting furnace that would make low ... Read More

BHP sees market boost as iron ore output hits record high

The record half for iron ore production comes after BHP and rivals including Rio Tinto Plc and Vale ... median estimate of 64.2 million tonnes. Metallurgical coal production was up 10% on a ... Read More

BHP’s biggest rivals sit on the sidelines of Anglo M&A drama

Two of BHP Group’s biggest rivals are sitting on the sidelines for the moment as they watch to see how a takeover offer for Anglo American will play out. Both Rio Tinto Group and Glencore are more ... Read More

Rio Tinto Declines Comment on Whether Considering Rival Anglo American Bid

The chair of Rio Tinto declined to comment on whether the world’s second-largest miner by market value is weighing a bid for Anglo American, the target of a recent $39 billion bid by BHP Group. Read More

Rio Tinto Maintains Annual Guidance After First-Quarter Iron-Ore Shipments Fall 10%

SYDNEY—Rio Tinto maintained its 2024 guidance after the Australian mining giant reported a 10% fall in first-quarter iron-ore shipments. The world’s second-biggest miner by market value on ... Read More

Rio Tinto keeps full-year guidance even as Q1 iron ore shipments slide 10%

Rio Tinto (NYSE ... tons of iron ore in the quarter from its mines in Australia's Pilbara region, while Q1 iron ore production totaled 77.9M metric tons, down 11% Q/Q and 2% Y/Y. Read More

BHP's Iron Ore Q3 Output Up 3% Y/Y, FY24 View Maintained

BHP Group BHP announced that its iron ore production rose 3% year over year to 61.5 Mt in the third quarter of fiscal 2024 (ended Mar 31, 2024). This was attributed to a 3% rise in iron ore output at ... Read More

BHP, Rio Tinto scrap $120bil Aussie joint venture Mon

MELBOURNE, Australia: Rio Tinto and BHP Billiton has scrapped plans for a $120 billion iron ore joint venture in the ... Australian dollars 83.22 after the news broke, while BHP Billiton declined ... Read More

Rio Tinto on watch after downgrading Pilbara iron ore shipments guidance

According to the release, Rio Tinto's iron ore operations in the Pilbara region of Western Australia are progressively resuming following the passing of Tropical Cyclone ... 2% downgrade on the ... Read More

Rio Tinto’s first-quarter iron ore shipments fall 5%, missing estimates

Rio Tinto reported a 5% fall in its first-quarter iron ore shipments on Wednesday, missing estimates, because of weather disruptions at ports and reduced production from some of its Western ... Read More

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