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Rio Tinto
Rio Tinto
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company-info
The Pilbara region in Western Australia is a key driver of Australia's economy, producing nearly 40% of the world's iron ore. Major mining companies like Rio Tinto and BHP operate in Pilbara, benefiting from low production costs and high global iron ore prices. China's demand for iron ore is crucial to Australia's mining sector, with both nations engaging in expanding collaborations in resource and new energy projects such as the Simandou project in Guinea.
Aug.31 2024 14:22 PM
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The world’s biggest iron ore producer shipped 79.1 million tons of the steelmaking raw material in the second quarter, down 1%
Jul.19 2023 16:53 PM
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Chinese investors led by Baowu hope to save billions of dollars by reviving long-dormant Simandou project, but face billions in infrastructure costs and high risk of plunging prices
Aug.25 2020 06:23 AM
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Mining giants move forward on Simandou field after government approves development of other deposits
Aug.4 2020 21:22 PM
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Nation’s leading nuclear fuel supplier to buy Namibian mine stake from Australia’s Rio Tinto for up to $106.5 million
Nov.27 2018 19:06 PM
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Chinalco’s bid to take greater stake in Simandou stalls, reportedly due to ownership dispute with government
Oct.29 2018 20:04 PM
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Share sale will accompany capital-raising as the company follows up on $2.69 billion purchase of Australian coal assets from Rio Tinto
Jul.3 2018 07:12 AM
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Bidding war ends as Chinese suitor adds $240 million sweetener to $2.45 billion cash package for mining giant’s Australian subsidiary
Jun.28 2017 18:40 PM
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Yanzhou Coal weighs options after Swiss-based Glencore offers $2.55 billion to Chinese company’s $2.45 billion for Coal & Allied Industries
Jun.12 2017 16:11 PM