Bloomberg reported Rio Tinto Group (ASX:RIO) and partners approved a $3.4 billion expansion of its iron ore operations in Western Australia.
Continue reading "Rio Tinto Approves $3.4 Billion Iron Ore Expansion"
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.
Continue reading "Vale Iron Ore Price to Stay at Record, Rio May Drop, Platts Says"
Monday, March 21, 2011
Bloomberg reports Rio Tinto Group, the world’s second-largest mining company, has spent $700 million to date at the Simandou iron ore project in Guinea.
Continue reading "Rio Spends $700 Million at Simandou Iron Ore Project"
Thursday, January 21, 2010
By Kishori Krishnan Exclusive To Iron Investing News With key indicators across developed economies showing an improvement in the quarter, mining heavyweight BHP Billiton Ltd has teamed up with rivals Rio Tinto Group and Posco, Asia’s most profitable steelmaker, in raising iron-ore production. An uptick in demand from automakers and builders has ensured a good [...]
Continue reading "Ironing Out The Issues"
Thursday, June 11, 2009
By Kishori Krishnan Exclusive to Iron Investing News China is set to accelerate investment in iron ore projects in Australia, the world’s biggest exporter, after the collapse of its deal to buy stakes in mines owned by the Rio Tinto Group (RIO:AU). Australia has A$26 billion (US$ 21 billion) of proposed new iron ore mines, [...]
Continue reading "China To Plough Investments Into Iron"
Thursday, September 4, 2008
By Melissa Pistilli – Exclusive to Iron Investing News BHP Billiton is experiencing yet another setback in its attempt to acquire Rio Tinto Group in a hostile takeover bid. On August 13, the European Commission asked BHP for more information in its efforts to determine whether or not to approve the transaction. The Commission has since [...]
Continue reading "BHP encounters another hurdle"
The Iron Ore Investing Glossary: This glossary covers investing in junior resource companies. For the experienced investor or the newbie, you should find everything you need here. If not, let us know and we’ll research and add what you’re looking for.
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Wednesday, February 8, 2012