Rio Tinto’s iron ore shipments slip, sees global economic resilience
For the calendar year, Rio Tinto shipped 328.6 million metric tons of iron ore from Pilbara, the lowest since 2022. It is under threat of Brazilian rival Vale potentially retaking its crown as the world’s biggest producer. Vale expects to produce 323-330 million tonnes for 2024.
When Glencore Plc proposed a combination with Rio Tinto Group a decade ago, the larger company turned it down after just a ...
Trading giant Glencore and Rio Tinto are mulling a merger that could create the mining behemoth made up of two major ...
Rio Tinto, the world's No. 2 mining company by market value, on Thursday reported a drop in iron-ore production and shipments from its Australian mines. Fourth-quarter and full-year output and exports ...
Glencore approached Rio Tinto late last year about combining the two big copper producers but the discussions are no longer ...
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