Rio Tinto, POSCO join forces to cut steel sector emissions

The fall in iron ore purchases for 2018 came as a 70 percent plunge in profit margins since late October cut the incentive for steelmakers to ramp up output and restock raw materials.

Rio Tinto is assessing the full impact of the damage and will do all it can to try and minimize disruption to our customers.

El Niño could impact countries such as Brazil, Colombia, and Ecuador that heavily rely on hydroelectric plants to generate.

As the saying goes, if you think knowledge is expensive, try ignorance.

Miao Wei, minister of industry and information technology, said the capacity expansion ban would also apply to the cement and flat-glass industries.

Anglo American has obtained hundreds of permits to explore in the Brazilian states of Mato Grosso and Para.

The port is one of two terminals Rio Tinto uses to ship iron ore from Australia's Pilbara mining region.

China plans to introduce policies to boost domestic spending on items such as automobiles and home appliances this year.

While industry fundamentals have improved, current prices won’t last as more supply is on the way. The bank expects a decline to $60 in six months.