The contract follows a prior order from SimFer, a Rio Tinto joint venture, for locomotives at the same project.

Westpac has warned that iron ore prices could collapse 30 per cent this year to about $US70 a tonne when Rio Tinto floods the market with fresh supply, deflating ...

Three locomotives, all without drivers, hauled the train, which was carrying 28,000 tonnes of iron ore. Remote monitoring was conducted at Rio Tinto’s operations centre in Perth, more than 1500km away ...

LONDON - Rio Tinto Group and Glencore have been discussing ... However, Rio – like BHP – still depends heavily on iron ore to drive its profits, at a time when China’s decades-long ...

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 ...

If realized, the merger would consolidate two of the mining sector's most prominent players, potentially redefining competition in key markets such as iron ore, copper, and coal. Rio Tinto and ...

SYDNEY: Rio Tinto reports its lowest annual iron ore shipments in two years, partly as heavy rains in Western Australia impacted output in the December quarter, but says the global economy is ...

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 ...

Media reports point to potential $255bn mega merger between Rio Tinto and Glencore Grades, costs hit Rio Tinto iron ore business Lynas down as it sieves cash in December quarter Bloomberg has lifted ...

(Reuters) -Glencore approached Rio Tinto late last year about combining the two big copper producers but the discussions are no longer active, a person familiar with the matter said. The talks between ...

(Bloomberg) -- Rio Tinto Group and Glencore Plc have held early stage talks about combining their businesses to create a behemoth to rival longstanding industry titan BHP Group. The discussions took ...