Rio Tinto Group (RIO)
After hours:
- Bloomberg
World’s Top Two Iron Ore Miners Raise Output Even as China Slows
(Bloomberg) -- The world’s two biggest suppliers of iron ore, Rio Tinto Group and Vale SA, raised output of the steelmaking material last quarter, even as demand from China faces headwinds due to the nation’s unresolved property crisis.Most Read from BloombergHow Mexico City Averted All-Out DroughtInside the ‘Utopias’ of Mexico CityDubai’s Allure to Expats Is Weighing on City’s InfrastructureMexico Seeks to Halve Permitting Time to Attract More FactoriesWhat It Takes to Make City Solutions Go Vi
- Reuters
Rio Tinto Q3 iron ore shipments rise, Simandou on track for 2025
(Reuters) -Rio Tinto eked out higher iron ore shipments in the third quarter, largely in line with expectations, and said it remained on track for first production from its Simandou high-grade iron ore project in Guinea next year. The Simfer mine in the project will ramp up over 30 months to an annualised capacity of 60 million tonnes (Mt) per year following the first output, the world's largest iron ore producer said on Wednesday. Rio is also on track for first lithium production from its Rincon project in Argentina by the end of this year.
- Business Wire
Rio Tinto releases third quarter production results
MELBOURNE, Australia, October 15, 2024--Rio Tinto Chief Executive Jakob Stausholm said: "We continue to strengthen our operations, with the roll-out of the Safe Production System delivering consistent production at our Pilbara iron ore business and a step change from our Australian bauxite mines. We are building on this, with more work to do across our global portfolio.
