Rio Tinto Iron Ore Output Rises
Rio Tinto’s Iron Ore Shipments Steady Despite China Slowdown
Rio Tinto Group said third-quarter iron ore shipments edged up 1% from the year before, as demand from China continued to soften amid an economic slowdown and ongoing property crisis.
Rio Tinto’s Australian Iron Ore Output Rises, but Miner Cautions on Cost Inflation
The world’s second-biggest miner by value said it produced slightly more iron ore from its Australian operations in the third quarter of 2024 but cautioned on inflation pressures.
Rio Tinto's third-quarter iron ore shipments get a lift from operational improvements
Rio Tinto reported a 1% rise in third-quarter iron ore shipments on Wednesday, but marginally missed market expectations, as operational improvements at its Pilbara operations lifted output. Iron ore prices remained under pressure for the larger part of the third quarter due to dimmed demand prospects in top consumer China's steel market amid persistently weak property prices.
Vale posts highest quarterly iron ore output since 2018
The company, one of the world's largest iron ore producers, reported output of 90.97 million metric tons in the three months through September.
Rio Tinto considers iron ore strategy shift
Rio Tinto is reviewing its iron ore product strategy after low-grade volumes accounted for 19 per cent of sales. Analysts say investors should be concerned.
Rio Tinto Australian Iron Ore Output Rises, Cautions on Cost Inflation -- Update
Rio Tinto, which recently struck a $6.7 billion deal to buy a lithium business, makes most of its money today mining iron ore in remote northwest Australia. Those pits produced a total of 84.1 million metric tons in the three months through September, up 1% year over year and 6% higher than the prior quarter, Rio Tinto said.
Rio Tinto Q3 iron ore shipments rise, sees first Simandou output in 2025
Rio Tinto eked out higher iron ore shipments in the third quarter, largely in line with expectations, and said it remained on track for first production from its Simandou high-grade iron ore project in Guinea next year.
Rio Tinto reports slightly higher Q3 iron ore output, warns on inflation
Rio Tinto's Q3 production results show mixed performance, with iron ore up slightly while copper and aluminum output declined compared to last year.
Rio Tinto Australian Iron Ore Output Rises, Cautions on Cost Inflation -- 2nd Update
Rio Tinto, the world's second-biggest miner by value, said it produced slightly more iron ore from its mammoth Australian operations in the third quarter of 2024, but cautioned on inflation pressures there and cut an annual production estimate for its Canadian iron-ore operations.
Vale says quarterly iron ore production highest since 2018
Vale (NYSE:VALE) +1.1% in Wednesday's trading after reporting its highest iron ore production in nearly six years during Q3, ...
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What’s in store for iron ore this November and December
Iron ore is Australia’s biggest export, and local iron ore miners like BHP Group, Rio Tinto, and Fortescue are highly ...
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Iron ore prices drop with leading miners to deliver production reports
Futures dropped to near $107 a ton in Singapore, after gaining more than 3% over the prior two sessions as China detailed ...
China copper, iron ore stay stimulus believers, but others sceptical: Russell
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China iron ore imports lifted by lower prices, demand hopes
China, the world's largest iron ore consumer, brought in 104 million metric tons last month, the highest level since January.