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Commodities

Rio Tinto ‘s production results

(Posted on 24/10/18)

Rio Tinto chief executive J-S Jacques said “We have delivered consistent operational performance in the third quarter, highlighted by strong production from the Group’s copper assets. We made strong strategic progress with the full exit from coal, the announcement of the additional $3.2 billion of share buy-backs, and...

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WCA’s call on World Bank

(Posted on 24/10/18)

The World Coal Association (WCA) has launched a new report calling on the World Bank Group (WBG) to reform its policy on coal financing. The report “Reducing emissions from coal: A role for the World Bank”, urged the Bank to support coal-dependent countries to develop concrete steps towards a zero emissions...

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BPH drones take flight

BPH drones take flight

(Posted on 11/10/18)

BHP was an early adopter of drones across its mine sites. Now drones are taking flight at BHP’s ocean freight operations, providing enormous safety benefits and efficiency gains.While still in the trial phase, BHP’s Vice President of Marketing Freight, Rashpal Bhatti, sees the potential for drones to be a key part of...

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thyssenkrupp awarded Thail mining contact

thyssenkrupp awarded Thail mining contact

(Posted on 11/10/18)

thyssenkrupp Industrial Solutions, a leading partner for the engineering, construction and service of industrial plants and systems, has signed a contract to supply a large-scale continuous mining system to Italian-Thai Development PLC (ITD). ITD is a Thailand’s leading integrated construction firm with wide experiences and...

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Rio Tinto and Hancock Prospecting open new mine

(Posted on 11/10/18)

Rio Tinto and Hancock Prospecting have opened a new mine at Hope Downs in the Pilbara, Western Australia. The joint venture partners also approved an investment in greater automation, driving productivity and improving safety.Development of the Baby Hope deposit will help sustain existing capacity at the Hope Downs 1 operation,...

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Rio Tinto approves Pilbara iron ore investment

Rio Tinto approves Pilbara iron ore investment

(Posted on 04/10/18)

Rio Tinto, together with joint venture partners Mitsui and Nippon Steel & Sumitomo Metal, have approved an investment of $1.55 billion (Rio Tinto's 53 per cent share $820 million) to sustain production capacity at two projects which form part of the Robe River Joint Venture in the Pilbara region of Western Australia.The joint...

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