BHP posts second straight year of record iron ore production, beats estimates
The world's largest listed miner said iron ore output from Western Australia on a 100% basis was 76.8 million tonnes in the three months to June 30.
Rio Tinto, Kennecott Utah Copper’s (KUC) parent company, will invest $340 million in the construction of a new molybdenum autoclave process (MAP) facility at KUC in Magna, Utah. This will ensure lower-grade molybdenum concentrate is processed more efficiently than through conventional roasters, allow improved metal recovery and operating flexibility, and enable production of metallurgical and higher chemical grade products. MAP will also make it possible for KUC to recover additional by-products from its concentrate. (more…)