Rio Tinto Q4 results
(Posted on 21/01/20)
Rio Tinto chief executive J-S Jacques said “We finished the year with good momentum, particularly in our Pilbara iron ore operations and in bauxite, despite having experienced some operational challenges in 2019. We are increasing our investment, with $2.25 billion of high-return projects in iron ore and copper approved in the fourth quarter. We also boosted our exploration and evaluation expenditure to $624 million in 2019, further strengthening our pipeline of opportunities.
“We have the platform and performance to maintain our delivery of superior returns to shareholders over the short, medium and long-term, driven by our strong value over volume approach and ongoing disciplined allocation of capital.”
Latest News
Oyu Tolgoi mine confirms project schedule
(Posted on 06/07/20)Oyu Tolgoi LLC has completed an updated feasibility study (OTFS20) and is in the process of submitting... Read more
Rusal publishes sustainability report
(Posted on 06/07/20)RUSAL, a leading global aluminium producer, has published its annual Sustainability Report on the Hong... Read more
Cargill joins decarbonising research centre
(Posted on 30/06/20)Cargill has joined leading players across the global maritime industry to launch the Maersk Mc-Kinney... Read more
Oyu Tolgoi mine power agreement
(Posted on 30/06/20)Rio Tinto, Turquoise Hill and the Government of Mongolia have reached an agreement on the preferred... Read more
ADM to expand corn processing complex
(Posted on 25/06/20)To help meet continuing high demand for hand sanitizer, ADM has announced it is significantly increasing... Read more
Support for U.S. Grains Act
(Posted on 25/06/20)The National Grain and Feed Association (NGFA) in the USA and North American Export Grain Association... Read more
Rio Tinto announces board-led heritage review
(Posted on 19/06/20)Rio Tinto has launched a board-led review of its heritage management processes within Iron Ore following... Read more
WCA responds to India coal auctions
(Posted on 19/06/20)Statement from Michelle Manook, World Coal Association Chief Executive:“The World Coal Association... Read more
Rusal launches new foundry complex
(Posted on 18/06/20)RUSAL, a leading global aluminium producer, has announced the commissioning of a new foundry complex... Read more
World steel demand to shrink 6.4%
(Posted on 15/06/20)The World Steel Association (worldsteel) has released its Short Range Outlook (SRO) for 2020 and 2021... Read more
