rio iron ore production takes a hit

rio iron ore production takes a hit

Rio iron ore exports take big hit from cyclone, fire

2019-4-1  Rio said on Monday that a combination of damage and disruption caused by Cyclone Veronica last month and a fire in January would cut iron ore production by 14 million tonnes this year.

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Iron ore hits record high as commodities continue to

Shares in Rio, the world’s biggest iron ore producer, hit a record high above £67 on Monday. Brent crude, the international oil benchmark, has crept back up towards $70 a barrel, which it surpassed...

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Rio quarterly iron ore production hit by cyclone

2019-7-16  16 Jul 2019 - Global miner Rio Tinto (ASX:RIO) has today reported a 3 per cent drop in second-quarter iron ore shipments to 85.4 million tonnes due to disruptions caused by a

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Rio Tinto iron-ore, coal production hit by heavy rains

2017-4-20  Iron-ore production from the Pilbara operations declined by 10% compared with the previous quarter, reaching 77.2-million tonnes during the first quarter ended March, while iron-ore shipments were ...

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Rio Tinto iron ore production dips as price soars to ...

2021-4-20  The mining giant reported on Tuesday a 2 per cent fall in iron ore production on the March quarter last year from its flagship mines in Western Australia’s Pilbara region, driven by above average wet weather through February and fixed plant reliability.

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Rio aims for iron ore export record in 2021

2021-1-19  Rio shipped 88.9 million tonnes of iron ore from Western Australia in the final three months of 2020, in a result that was slightly better than expected. The strong finish to the year means Rio...

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Global iron ore production to recover by 5.1% in 2021 ...

2021-5-4  Global iron ore production is set to recover by 5.1% in 2021 as output bounces back following the impacts of the Covid-19 pandemic last year. According to data and analytics firm GlobalData, the industry’s production of the mineral, which is key to the manufacturing of steel, fell by 3% to 2.2 billion tonnes (Bt) in 2020.

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Iron ore prices hit new record - The Northern Miner

2021-5-13  It has also prompted mills to build iron ore inventories as their margins are on the rise. “Iron ore producers are enjoying exceptionally high margins as well; around two-thirds of seaborne supply only require prices of US$50 per dry metric tonne to break even,” Hedborg states in

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Rio Tinto takes iron ore crown as deadly dam burst

Brazil's Vale SA on Tuesday posted a sharp output decline and $US671 million ($1 billion) in net additional provisions stemming from a deadly dam burst about a year ago,

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Rio, Fortescue - Beware The Iron Ore Price Seeking

2021-4-1  The iron ore mining companies have made hay as the Chinese recovery and stimulus forces the price up. One forecast says that these factors will reverse this year and impact future earnings.

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AT A GLANCE: Rio Tinto’s iron ore production down

2021-4-21  A summary of multinational mining company Rio Tinto’s first-quarter 2021 production results from its latest production report released on Tuesday April 20. In brief Iron ore production at Pilbara (100% basis) in the first quarter of 2021 was 2% lower year on year due to fixed plant reliability and above average wet weather at the mines.

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Iron ore price and production levels are key to Rio

2021-4-21  Upcoming dividend from Rio Tinto likely to be healthy, but the key to its share performance is still very much the iron ore business, says Hugh Dive from Atlas Funds Management,

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Rio Tinto takes $9bn hit on Alcan deal Financial Times

2012-2-9  Rio Tinto takes $9bn hit on Alcan deal. ... Rio’s iron ore business contributed $12.8bn in ... Rio expects production capacity of 283m tonnes a year in Australia’s Pilbara iron ore belt will ...

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Rio Tinto optimistic about recovery in Chinese

2020-4-17  Rio Tinto has reported strong production results in the first quarter of the calendar year 2020, but noted that some of its projects are now being affected by the COVID-19 government restrictions.

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Iron ore price dip hits major miners - InDaily

2021-3-11  Australian mining giants have taken a hit on the share market as iron ore prices plunged yesterday after months of highs. ... WA-based iron ore giant Fortescue Metals lost 8.3 per cent to close at $20.33 while Rio Tinto lost more than 5.5 per cent to be down $6.72 to close at $114.49 per share. ... “While this takes place we have asked all of ...

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Bulk Buys: China's return supercharges iron ore and

2021-2-24  Australian iron ore producer Rio Tinto (ASX:RIO) said in an update last week it was maintaining its shipping guidance for Australian iron ore. The company shipped 331 million tonnes of iron ore from its Pilbara operations in WA last year, and expects

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Anglo American takes up to $US4bn hit - 9Finance

The Anglo-South African firm has made a string of costly writedowns on the value of Minas Rio, which it purchased at around the time of the financial crisis for $4.8 billion to secure key supplies ...

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Copper and iron ore prices hit record highs amid

2021-5-7  Copper and iron ore prices surged to record highs on Friday as hopes of a global economic recovery creates demand for raw materials.Spot iron ore broke $200 (£143) a tonne for the first time, while copper, which is seen as a bellwether of the health of the global economy, hit more than $10,200 per tonne in London on Friday, rising 1.4% to reach an all-time high of $10,232.

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Iron-Ore Prices Surge on Impending Demand-Supply

2020-6-4  Iron-ore prices are currently trending above $100 per ton and clocked a year-to-date gain of 10%. A surge in coronavirus infections in Brazil has triggered worries of a supply crunch for iron ore ...

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Rio Tinto declares maiden Ore Reserve at Jadar

2020-12-9  Rio Tinto Group’s shipments were disrupted by wetter-than-average weather at its Pilbara operations in Western Australia.Benchmark iron ore surged Monday over $180 a ton --

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AT A GLANCE: Rio Tinto’s iron ore production down

2021-4-21  A summary of multinational mining company Rio Tinto’s first-quarter 2021 production results from its latest production report released on Tuesday April 20. In brief Iron ore production at Pilbara (100% basis) in the first quarter of 2021 was 2% lower year on year due to fixed plant reliability and above average wet weather at the mines.

Read More
Iron ore price and production levels are key to Rio

2021-4-21  Upcoming dividend from Rio Tinto likely to be healthy, but the key to its share performance is still very much the iron ore business, says Hugh Dive from Atlas Funds Management,

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Iron ore price dip hits major miners - InDaily

2021-3-11  Australian mining giants have taken a hit on the share market as iron ore prices plunged yesterday after months of highs. ... WA-based iron ore giant Fortescue Metals lost 8.3 per cent to close at $20.33 while Rio Tinto lost more than 5.5 per cent to be down $6.72 to close at $114.49 per share. ... “While this takes place we have asked all of ...

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Rio Tinto approves $2bn investment in premium iron

2018-10-1  Rio Tinto plans to sustain production of its high-grade iron ore products through a $2 billion investment in two Robe River joint venture projects in the Pilbara, Western Australia.

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Iron ore price and production levels are key to Rio

CNBC - Upcoming dividend from Rio Tinto likely to be healthy, but the key to its share performance is still very much the iron ore business, says Hugh Dive Iron ore price and production levels are key to Rio Tinto's share performance: Fund manager - Flipboard

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Bulk Buys: China's return supercharges iron ore and

2021-2-24  Australian iron ore producer Rio Tinto (ASX:RIO) said in an update last week it was maintaining its shipping guidance for Australian iron ore. The company shipped 331 million tonnes of iron ore from its Pilbara operations in WA last year, and expects

Read More
Anglo American takes up to $US4bn hit - 9Finance

The Anglo-South African firm has made a string of costly writedowns on the value of Minas Rio, which it purchased at around the time of the financial crisis for $4.8 billion to secure key supplies ...

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Rio Tinto declares maiden Ore Reserve at Jadar

2020-12-9  Rio Tinto Group’s shipments were disrupted by wetter-than-average weather at its Pilbara operations in Western Australia.Benchmark iron ore surged Monday over $180 a ton --

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2021-4-12  Reuters brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment, technology, video and pictures.

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Iron ore The lore of ore - The Economist

2012-10-13  Iron ore lacks the clout of oil for several reasons. The market is smaller, worth less than a tenth of the $3 trillion of crude traded every year. Unlike oil, iron is plentiful—it makes up 5% of ...

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