Iron Ore Top Stories

In Australia’s outback, Rio Tinto prepares for a low carbon future

Rio's newest mine, Gudai-darri, is on track to hit record production, while it halves carbon emissions by 2030.

Reuters | October 24, 2023 | 4:47 am

Challenge for world’s biggest robot trains is going electric

Rio Tinto is preparing for trials of battery-powered locomotives in…

Bloomberg News | October 20, 2023 | 9:03 am

Brazil’s J&F to invest more than $1 billion in mining assets bought from Vale

Since taking over the mines, J&F has managed to double…

Reuters | October 20, 2023 | 8:09 am

Rio Tinto, Aboriginal group sign first solar deal for WA iron ore region

The project in Western Australia's Pilbara district comes as part…

Reuters | October 20, 2023 | 8:04 am

Rio Tinto to up production capacity at Gudai-Darri, its newest iron ore mine

The world’s biggest iron ore producer shipped 83.9 Mt from…

Staff Writer | October 19, 2023 | 3:45 pm

Anglo American cuts dividend as inflation, extreme weather erode earnings

Anglo joined rival miners, including Rio Tinto and Freeport-McMoRan, in reporting lower profits.

Reuters | July 28, 2022 | 7:55 am

ArcelorMittal to buy Brazil steelmaker CSP for $2.2 billion

With the deal, the world's second-largest steelmaker is adding an installed capacity of 3 million tonnes a year of steel slabs.

Cecilia Jamasmie | July 28, 2022 | 7:16 am

Rio Tinto inks deal to unlock huge Simandou iron ore project

The miner has formed a JV with the Guinea government and Winning Consortium Simandou to develop infrastructure, including a railway and port.

Bloomberg News | July 28, 2022 | 3:03 am

Fortescue raises annual shipments forecast amid inflation pain

The world's fourth-largest iron ore miner said it shipped 49.5Mt of the steel-making ingredient in the quarter ended June 30.

Reuters | July 27, 2022 | 4:21 pm

Rio Tinto says Simandou deal close after wrangles over railway

Rio Tinto said it’s close to a breakthrough in a landmark deal to unlock the world’s biggest untapped iron ore mine.

Bloomberg News | July 27, 2022 | 9:51 am

China’s hunger for commodities is wavering after years of growth

China’s imports of key commodities face some mighty headwinds in the second half.

Bloomberg News | July 27, 2022 | 8:22 am

Rio Tinto slashes dividend as profits take a hit; shares tumble

Rio Tinto reported a 29% drop in first-half profit and more than halved its dividend on Wednesday.

Reuters | July 27, 2022 | 7:55 am

Goldman warns China’s property crisis will sink iron ore price

Goldman cut its three and six-month price targets to $70 and $85 a tonne, respectively, from $90 and $110 a tonne.

Bloomberg News | July 26, 2022 | 7:56 am

Rio Tinto, Fortescue record profits near end on price view, dim demand

A persistent downward trend in iron-ore prices is expected to weigh significantly on the earnings of top Australian miners.

Reuters | July 26, 2022 | 7:29 am

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