Rio Tinto’s Q2 iron ore shipments miss after May train derailment
The world's largest producer of iron ore shipped 80.3 million tons of the steel-making commodity in the quarter.
Australian mining giant Rio Tinto has received the green signal to undertake mining activities in India, with the Orissa government granting a proposal for a fresh agreement on Thursday, April 7.
State-run Orissa Minerals Development Company (OMDC), a part of the Bird Group of Companies under the Indian government’s ministry of steel had been in discussions with the world’s biggest mining company, Rio Tinto, for a joint venture in the state for some time now.
