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Rio Tinto’s Iron Ore Exports Slip
Rio Tinto Produced Slightly Less Iron Ore, More Copper Last Year
The miner said it produced and shipped slightly less of the steelmaking ingredient iron ore in 2024, but mined more copper, bauxite and made more aluminum.
Rio Tinto’s iron ore shipments slip, sees global economic resilience
For the calendar year, Rio Tinto shipped 328.6 million metric tons of iron ore from Pilbara, the lowest since 2022. It is under threat of Brazilian rival Vale potentially retaking its crown as the world’s biggest producer. Vale expects to produce 323-330 million tonnes for 2024.
Rio Tinto iron ore volumes dip on lower Chinese demand in final quarter
Rio Tinto’s iron ore exports took a hit during the fourth quarter and in 2024 overall, giving more detail on the longstanding weak demand for capesize bulk carriers during the period that has bled into 2025.
2d
on MSN
Iron mining job losses 'could have been avoided' by GFG, SA Energy Minister says
South Australia's Energy Minister has slammed the company that owns the Whyalla steelworks, saying hundreds of job losses in ...
TradeWinds
17h
Chartering behemoth: Could trading giant Glencore merge with iron ore major Rio Tinto?
Trading giant Glencore and Rio Tinto are mulling a merger that could create the mining behemoth made up of two major ...
1d
$260b Rio Tinto, Glencore mega-deal would sideline Australia
The last time Rio Tinto and Glencore were caught in merger talks, it was all about iron ore. Australia, and the Pilbara, were ...
4d
on MSN
Whyalla makes steel for Australia, but its future is in the balance
While the steelmaking city of Whyalla is no stranger to struggle, the latest crisis is taking a severe toll on the population ...
2d
Mike Smithson: South Australia’s Whyalla steelworks under further siege with more job cuts announced
The Malinauskas government is now scrambling to join the ever-expanding dots after being blindsided by this latest bombshell ...
9d
FIFO mining camp operator bleeds cash as losses mount
French company Sodexo’s expansion into Australian FIFO camps has racked up nearly $177 million in cumulative losses over the past nine years.
2d
on MSN
Rio Tinto produced slightly less iron ore, more copper in 2024
Rio Tinto produced less iron ore in 2024 due to weak demand from China but more copper, bauxite, and aluminum.
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