A railcar dumper at the East Intercourse Island (EII) port facility, which handled 45 million tonnes of Rio's iron ore shipments in 2024, experienced severe flooding this week.
A 457-member group of investors, representing an estimated 37% of all global assets under management, joined a coalition of CEOs in demanding the world’s richest nations set more ambitious emissions cut targets.
Verisk Maplecroft believes that funds and international creditors have an opportunity to drive conservation improvements by tying finance to ESG milestones.
Shipments from Rio Tinto were seen declining, while Vale has interrupted production at two mines over safety concerns, reducing its output by 40,000 tonnes a day.