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
High grades for Sorghum in USGC report
(Posted on 15/04/21)The U.S. Grains Council (USGC) has published its 2020/2021 Sorghum Quality Report and for the second... Read more
$8.4bn tax contribution by Rio Tinto
(Posted on 11/04/21)Rio Tinto has released its 2020 Taxes paid. The company’s economic contribution report, which... Read more
En+ director joins Aluminium Stewardship Initiative board
(Posted on 06/04/21)En+ Group, the world’s leading producer of low-carbon aluminium and independent hydropower, has... Read more
Project to monitor global fertilizer usage
(Posted on 01/04/21)The International Fertilizer Association (IFA) and agri benchmark Cash Crop have announced the start... Read more
Rusal invests over $1bn on environment in a decade
(Posted on 01/04/21)Rusal, a leading global aluminium producer, invested over USD1bn in environmental projects between 2011... Read more
World crude steel production rises
(Posted on 28/03/21)World crude steel production for the 64 countries reporting to the World Steel Association (worldsteel... Read more
Rio Tinto selects solar technology for Boron mine
(Posted on 28/03/21)International mining and metals company Rio Tinto and renewable energy technology company Heliogen has... Read more
NGFA outlines priorities for transportation bill
(Posted on 22/03/21)The USA’s National Grain and Feed Association (NGFA) has urged lawmakers to prioritise improvements... Read more
British Steel to invest £100m this year
(Posted on 17/03/21)British Steel has announced that it is investing £100m this year to support the next stage of... Read more
Rusal announces 2020 results
(Posted on 17/03/21)Rusal, a leading global aluminium producer, has announced its results for the year ended 31 December... Read more
