Rio Tinto not concerned about Chinese ore-buying company
China is exposed to international iron ore prices as it must import nearly 80% of its annual consumption.
Latest Stories
One of mining’s top female leaders vows change after abuse shame
“The process of publicly airing these matters has built trust and accelerated the momentum for change,” said Kellie Parker, Rio Tinto's chief executive for Australia.
AngloGold Ashanti CEO sees inflation pressure easing next year
Alberto Calderon estimated that 40% of the cost increase in the first half of this year was attributable to diesel prices.
Turquoise Hill flags $200 million cost increase at Oyu Tolgoi
The miner, which had $500 million in cash at the end of June, said the impact of additional delays will be known before the end of September.
EV sales expected to surpass 2021’s figures despite supply chain disruptions – report
IDTechEx expects the electric car market to surpass 2021 sales of ~6.4 million, as sales for the first half of the year have already reached 3.5 million.
Anglo American to appeal El Soldado project rejection
Despite having the backing of the country’s top environmental evaluation authority, the permit for El Soldado Phase V project was declined.
Rio Tinto attracts several proposals to build 4 GW of wind, solar power
The massive build of renewables equals more than a third of the total wind and solar capacity Australia already has.
Albemarle windfall shows lithium’s resilience to recession fears
World's biggest producer reported higher-than-expected second-quarter profit and lifted its annual guidance beyond analyst estimates.
Horizonte Minerals signs $135 million equipment contracts for Brazil nickel project
The Araguaia project will initially produce up to 14,500 tonnes of nickel per year.
