Both Rio and Fortescue will stop using S&P Global Energy Platts Iron Ore Index — the industry’s seaborne benchmark — for term contracts.

Rio Tinto on Wednesday reported the highest second-quarter output from its Australian iron-ore mines since 2018, while flagging around $300 million of gross costs from U.S. tariffs on its Canadian aluminum exports. The world's second-biggest miner by ...

(Reuters) -Rio Tinto said on Tuesday it needs a strong year-end finish to meet its iron ore shipment target, even as Chinese demand gathered pace as global economies front-loaded investment ahead of looming tariffs. Iron ore prices have surged to their ...

Rio Tinto (NYSE:RIO) said Tuesday it shipped 79.9M metric tons of iron ore from its Pilbara operations in Q2, down 1% Y/Y and below a Visible Alpha consensus estimate of 81.98M tons, but shipments jumped 13% from Q1, when four cyclones affected ports ...

Australian Mining was on the ground last June as Rio Tinto cut the ribbon on its new Western Range iron ore mine.

(RTTNews) - Anglo-Australian mining giant Rio Tinto Plc (RTNTF, RIO, RIO.L, RTPPF) Wednesday reported fourth-quarter Pilbara iron ore shipments of 85.7 million tons, down 1% form the fourth quarter of 2023. The company reported Pilbara iron ore production ...

Rio Tinto (NYSE:RIO) reported a 6% Q/Q increase in Q3 iron ore shipments Monday, despite planned major maintenance activities, as the miner's production in Australia's Pilbara region achieved its second highest Q3 shipments since 2019. The world's biggest ...