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Rio Tinto’s Iron Ore Exports Slip
Rio Tinto Produced Slightly Less Iron Ore, More Copper Last Year
The miner said it produced and shipped slightly less of the steelmaking ingredient iron ore in 2024, but mined more copper, bauxite and made more aluminum.
Rio Tinto’s Iron Ore Exports Slip as Copper Output Ramps Up
Rio Tinto Group, the world’s top iron ore exporter, said shipments of the steelmaking material slipped in the fourth quarter, as demand from China remained lackluster and production at some mines declined.
Rio Tinto iron-ore shipments decline despite productivity efforts
Global diversified miner Rio Tinto has reported a marginal decline in its fourth-quarter and full-year iron-ore shipments from the Pilbara, citing challenges such as resource depletion and above-average rainfall that disrupted operations.
Mining
2h
Iron ore price hits four-week high on lower shipments, softer dollar
Prices of iron ore futures climbed to a four-week high on Thursday, supported by reduced shipments from a major producer and ...
10h
Rio Tinto says China property market shows signs of ‘stabilising’
The mining giant believes demand for iron ore has peaked but remains healthy, and expects demand for the steel-making ...
11h
Rio Tinto says Chinese economy facing property oversupply headwinds
Rio Tinto faces more challenges with the WA iron ore mines which provide the lion’s share of group earnings, as it continues ...
15h
on MSN
Rio Tinto produced slightly less iron ore, more copper in 2024
Rio Tinto (NYSE:RIO) said Wednesday it produced and shipped slightly less of steelmaking ingredient in 2024, as demand from ...
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