Xstrata Mine Sets Records with Bucyrus Shearer

Port Hedland handles vast volumes of iron ore from all major miners including BHP Group, Rio Tinto Group, and Fortescue.

The news of Glencore and Rio’s discussions “has turned up the temperature on an already simmering M&A environment,” RBC Capital Markets analyst says.

Rio Tinto Lithium would control the miner’s $2.5 billion Rincon project in Argentina but not its controversial Jadar project in Serbia.

Its total rare earth oxide for the second quarter was 2,617 metric tons, compared to 2,722 tons reported last quarter.