Rio Tinto reports slightly higher Q3 iron ore output
Rio Tinto Q3 iron ore shipments rise, Simandou on track for 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 (NYSE:RIO) said Tuesday it produced slightly more iron ore in Q3 while narrowly missing expectations, while copper and aluminum output came in lower compared to the year-earlier quarter. The world's largest producer of iron ore reported Q3 production from its Pilbara operations in Western Australia of 84.
World’s top two iron ore miners raise output even as China slows
Rio’s third-quarter output edged up about 1% from a year earlier, while Brazil’s Vale beat estimates to churn out its highest volume since late-2018.
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.
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 flags iron ore review
Rio Tinto has flagged a review of its iron ore product mix as it grapples with approval delays that have forced it to export more lower grade material from the West Australian mines that provide the lion’s share of earnings.
Vale Reports Y/Y Increases in Iron Ore, Copper & Nickel Output in Q3
VALE delivers third-quarter iron ore production of around 91 Mt, and reiterates its 2024 iron ore production goal between 323 Mt and 330 Mt.
Rio Tinto Q3 iron ore shipments rise, sees first Simandou output in 2025
Rio is also on track for first lithium production from its Rincon project in Argentina by the end of this year. The global miner recently agreed to buy Arcadium Lithium for $6.7 billion in a deal that will make it the world’s third largest miner of the battery metal.
Rio Tinto’s Australian Iron Ore Output Rises, 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 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.
Rio Tinto share price tumbles on Q3 production miss
This mining giant failed to live up to expectations during the third quarter. The post Rio Tinto share price tumbles on Q3 production miss appeared first on The Motley Fool Australia.
BHP sells iron ore at weakest price in four years amid quality fears
The fall has led the market to worry that the country’s largest mining company may have similar challenges to its Pilbara ...
Lower grade Pilbara iron ore stings BHP, while CEO Mike Henry is bullish on Chinese cash splash
BHP — like its key iron ore rival Rio Tinto — is being weighed down by grade control issues in the Pilbara, an analyst says.
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BHP Q1 Total Iron Ore Production Rises; Backs FY25 Iron Ore Production Outlook
BHP (BHP.AX, BLT.L, BBL, BHP) reported that its first-quarter total iron ore production rose to 64.65 million tonnes from 63.24 ...