Wabtec has secured order from the Winning Consortium Simandou (WCS to supply locomotives for the Simandou iron ore project in ...
Rainfall and flooding has already knocked out one of Rio Tinto's railcar dumpers at the East Intercourse Island port facility, which shipped 45 million tons of the company's iron ore in 2024, the bank ...
Unlike the large miners who sell linked to spot rates, Fenix operates a hedge book for much of its ore, outperforming the market price by 3% during the December quarter at US$106/dmt. Its lower grade ...
The system installed by Ansaldo STS uses automatic train operation (ATO) over ETCS Level 2 at GoA 4, and ultimately will link 16 iron-ore mines with four ports. Rio Tinto’s success is already ...
Rio Tinto and Glencore have held ... based on the equity share of production from its Pilbara mines being about 278 million tonnes a year. Rio Tinto CEO Jakob Stausholm. Picture: John Feder ...
Rio Tinto shares are down 1.3% in early trade on ... regulators tried to force the sale of vast swathes of the companies' Pilbara iron ore empires if the US$118bn marriage went ahead.
The financial rumour mill is abuzz about a potential mega merger for Rio Tinto. With a recent market cap of some US$103 billion, Rio Tinto counts as the world's second-largest miner. BHP still ...
LONDON - Rio Tinto Group and Glencore have been discussing combining their businesses, which if successful would rank as the largest-ever mining deal and create a US$158 billion ($216 billion ...
Add articles to your saved list and come back to them any time. A potential $254 billion mega-merger between Rio Tinto and Glencore would create a mining behemoth with a powerful position in the ...
The failure of BHP to return to its bid for Anglo American saw the Rio Tinto/Glencore proposal drift until flushed to the surface by Bloomberg. Australian iron ore train. (Photo by Fairfax Media ...
In a quarter marked by significant developments, Rio Tinto’s Pilbara operations produced 328 million tonnes of iron ore, alongside the successful completion of strategic sales, including Dampier Salt ...