The Rio Tinto Group's fourth-quarter earnings report was strong, even though profits predictably fell by 12% since iron ore prices fell significantly in the back half of 2023.
17 February 2021. share. MELBOURNE, Australia--(BUSINESS WIRE)--Rio Tinto today announced to the Australian Securities Exchange (ASX) the following changes to estimates of Mineral Resources and Ore Reserves: Mineral Resources and Ore Reserves at Rio Tinto's Pilbara iron ore deposits in Western Australia;
Nous sommes un important producteur et fournisseur de concentré et de boulettes de minerai de fer de haute qualité en Amérique du Nord. Nos opérations comprennent une mine avec cinq fosses en opération, un concentrateur et une usine de bouletage situés à Labrador City, ainsi qu'un chemin de fer (QNS&L) de 418 km, en propriété exclusive, qui …
SEPT-ÎLES, Canada--(BUSINESS WIRE)-- Rio Tinto's Iron Ore Company of Canada (IOC) has announced a major donation of CAN$4 million over two years to the Cégep de Sept-Îles in Quebec, Canada for the construction of its new pavilion for training, research and innovation in the railway, industrial maintenance and energy intelligence industries.
Rio, a global resources giant headquartered in Melbourne and London, expects to dig up 1.5 billion tonnes of iron ore over the next 26 years in Guinea's Simandou mountains, a sensitive habitat ...
The Hamersley Iron Ore Project is strategically located in the infrastructure ready, Pilbara Iron-ore region of Western Australia. The Project consists of the granted Mining Lease (M47/1450) and is situated near iron ore producing mines owned by Rio Tinto and Fortescue with access to road and rail infrastructure. Since acquiring the Hamersley ...
The 36W–50W and 55W-66W deposits contain a Measured Mineral Resource of 22 Mt at 59.1% Fe, Indicated Mineral Resource of 102 Mt at 61.5% Fe, and an Inferred Mineral Resource of 108 Mt at 61.4% Fe. The 36W–50W deposit contains a Proven Ore Reserve of 109 Mt at 62.1% Fe and a Probable Ore Reserve of 56 Mt at 61.7% Fe.
Mine at Lac Tio. Our mine at Lac Tio is located 43 kilometres north-east of Havre-Saint-Pierre on the largest solid ilmenite deposit in the world. The Iron Ore Company of Canada (IOC) is a leading Canadian producer of iron ore concentrate and iron ore pellets that serves customers worldwide. Discover more about the IOC today with Rio Tinto.
Rio Tinto has sanctioned a $77m pre-feasibility study (PFS) to advance the development of the Rhodes Ridge iron ore project in the East Pilbara region in Western …
Chief Counsel and Corporate Secretary. Ben has been a member of Rio Tinto's in-house legal team for 18 years. During the early part of his career, he supported Aluminium operations in Canada, Africa, the Middle East …
Anglo American has reached an agreement to integrate the Vale -owned Serra da Serpentina iron ore resource into its Minas-Rio operation in Brazil. The move …
Rio Tinto is a leading global mining group that focuses on finding, mining and processing the Earth's mineral resources. ... Iron ore is the primary raw material used to make steel. ... -- Rio Tinto will manage the Ranger Rehabilitation Project in Australia's Northern Territory on behalf of Energy Resources of Australia Ltd (ERA), under a ...
Iron ore is present in the solutions that transform people's lives, contributing to the evolution of society. ... Access the page Rio de Janeiro . Access the page Evacuated Territories . Access the page Canada . ... We believe it is possible to transform natural resources into development, prioritizing the safety of people and the environment.
Zinger Key Points. Iron ore price surge boosts Australian Dollar amid Chinese demand. Rio Tinto eyes Australian talent as it edges closer to opening the largest global …
Serpentina contains a Mineral Resource of 4.3 billion tonnes of iron ore, with a significantly larger total endowment upside that reflects the total strike length of the orebody of more than twice that of Minas-Rio. Serpentina is also of a higher iron ore grade than Minas-Rio's already high grade ore and contains predominantly softer friable ...
11 August 2023. share. CONAKRY, Guinea--(BUSINESS WIRE)--Rio Tinto and the Simfer1 joint venture (Simfer) reached an important milestone today by concluding key agreements with the Republic of Guinea and Winning Consortium Simandou2(WCS) on the trans-Guinean infrastructure for the world class Simandou iron ore project.
Steel is strong, long-lasting and cost-efficient – making it perfect for everything from cars and fridges to wind turbines and skyscrapers. The premium grade of Simandou iron ore broadens our global portfolio of iron ore products, complementing our existing, long-term iron ore production in Australia's Pilbara region and in Canada. Read more.
A final investment decision on the project is expected in 2024. Rio states: "Simandou will deliver a significant new source of high-grade iron ore that will strengthen Rio Tinto's portfolio for the decarbonisation of the steel industry.". First production from the mine is planned in 2025, with output ramping up over 30 months to reach 60 ...
Rio and China Baowu also entered a sales agreement that will see China Baowu, the world's top steelmaker, buy up to 126.5 million tonnes of iron ore over about 13 years from the Western Range ...
Simandou is the world's largest untapped high-grade iron ore deposit. The Simfer joint venture's mine concession held an estimated Total Mineral Resource as at 31 December 2022 of 2.8 billion tonnes, of which Rio Tinto is today reporting the conversion of an estimated 1.5 billion tonnes to Ore Reserves that support a mine life of 26 years ...
30 August 2017. share. Rio Tinto today officially opened its Silvergrass iron ore mine in Western Australia. The US$338 million project is the 16th mine at Rio Tinto's world-class iron ore operations and will produce low-phosphorous ore crucial to maintaining Rio Tinto's premium Pilbara Blend product.
As the largest greenfield integrated mine and infrastructure investment in Africa, Rio Tinto's world-class Simandou iron ore project in Guinea will be co-developed …
Serpentina 1 contains a Mineral Resource of 4.3 billion tonnes of iron ore, with a significantly larger total endowment upside that reflects the total strike length of the orebody of more than twice that of Minas-Rio. Serpentina is also of a higher iron ore grade than Minas-Rio's already high grade ore and contains predominantly softer ...
Rio Tinto on Wednesday brought forward the start of production from its giant Simandou iron ore project in Guinea to 2025 with plans to spend about $6.2-billion including on port and rail ...
Peter Ker Resources reporter. Updated Apr 20, 2023 – 9.37am, first published at 8.42am. ... The strong result comes after a difficult period for Rio's iron ore division between 2019 and 2022 ...
09 February 2024. Australia's two largest iron ore producers and its biggest steelmaker have partnered in their efforts to accelerate the decarbonisation of steelmaking by agreeing to jointly investigate the development of the country's first ironmaking electric smelting furnace (ESF) pilot plant. Under a new framework agreement, Rio Tinto ...
Paramarginal resources of iron ore in 2018 were estimated at 10 382 Mt with 3137 Mt of contained iron. Inferred Resources in 2018 were estimated at 94 100 Mt of iron ore with 43 021 Mt of contained iron …
Rio Tinto Iron Ore. We are one of the world's leading producers of iron ore. Our iron ore operations in the Pilbara comprise a world-class, integrated network of 17 iron ore mines, 4 independent port terminals, a …
MINAS-RIO - One of the world's largest iron ore projects, when it was developed. Minas-Rio – in Minas Gerais state in Brazil – is a fully integrated export iron ore operation, with the mine, beneficiation plant, 529km …
Rio Tinto has locked in $15 billion in funding for the Simandou iron ore project in West Africa. The Simandou mountain range covers more than 100km in the south-east …