Rio Sees Reason to Boost Iron Ore Demand Despite Soft Patch in China
Reuters reported Rio Tinto (NYSE:RIO) said an upward trend in China's demand for more imported iron ore was intact despite softening steel production.
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Rio Set for Bumper Profit as Iron Ore and Coal Output Soars
Thursday, October 13, 2011
SMH reported Rio Tinto (ASX:RIO,LSE:RIO) will beat last year's record profit and it will meet its 2011 production target for iron ore.
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Vale Iron Ore Price to Stay at Record, Rio May Drop, Platts Says
Thursday, May 26, 2011
Bloomberg reports contract iron ore prices charged by Vale SA (ETR:CVLC,FRA:CVLC) will probably stay at record levels in the third quarter, while Rio Tinto Group (NYSE:RIO) may drop prices.
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Rio plans $10bn expansion
Tuesday, October 19, 2010
The Australian reports that Rio (NYSE:RIO) is planning a sizeable expansion to its’ operations in the C, committing $10bn + to the project. They expect that the board will approve the first stage only, initially. The story is quoted as saying: As reported in The Australian in August, Rio has said it planned to approve the [...]
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Rio Tinto Iron Ore Output surged in 2Q
Wednesday, July 15, 2009
Rio Tinto, the world’s third leading mining company, that its iron ore output surged 8 percent in the second quarter and that it expects a recovery in Chinese steel demand in the second half of the year. For full story, click here
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Rio Tinto Iron Sales Team Was Arrested In China
Tuesday, July 7, 2009
An Australian man is one of four Rio Tinto employees who have been arrested and detained by Chinese authorities, with the Rudd Government demanding Beijing provide “urgent consular access to him”. For full story, click here
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How does BHP-Rio Iron Ore stacked up for investors?
Friday, June 5, 2009
Global miners Rio Tinto and BHP Billiton are to combine their Australian iron ore operations, six months after BHP dipped a hostile takeover bid for Rio Tinto. John Sevior, head of Australian equities for Perpetual Investments, stated: I think it’s a very clever deal. For full story, click here
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Goldman Sachs forecasted bottoming of iron ore prices
Tuesday, May 5, 2009
Goldman Sachs JBWere Private declared that cash prices for iron ore will bottom this quarter as demand from China rebounds, boosting forecast earnings for BHP Billiton Limited and Rio Tinto Group. Mr Malcolm Southwood and Mr Paul Gray analysts of Goldman Sachs JBWere declared: We now believe that the current quarter will mark the bottom [...]
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Iron Market: Heading For A Glut?
Wednesday, April 15, 2009
By Kishori Krishnan Exclusive To Iron Investing News The alarm bells have started ringing. On the sidelines of a mining conference, Rio Tinto said iron ore prices are certain to fall in 2009, the first decline in seven years, but not by the 50 per cent suggested by some steel makers. On the spot market, [...]
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Cia Vale Rio Doce iron shipments to rebound after Q2
Monday, April 13, 2009
Bloomberg declared that Cia Vale do Rio Doce may boost shipments of the raw material after the Q2 as stockpiles fall and demand from Chinese builders increases. For full story, click here
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- Cuervo Resources Inc.- Iron Ore Exploration in the Peruvian Andes
- Zone Resources Inc. – Developing the Girard Iron Property
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Monday, November 28, 2011