Rio Tinto PLC (RIO.L)
7 Aug 2020
Fri, Aug 7 2020
MELBOURNE Rio Tinto did not tell Aboriginal traditional owners of two ancient caves destroyed to mine iron ore about three alternative mine plans, its CEO told an inquiry on Friday, despite saying it had won fully informed consent for blasting.
MELBOURNE Rio Tinto was able to reach high grade iron ore worth about $135 million with the blasting of two sacred caves in Western Australia, the global miner's chief executive told a government enquiry on Friday.
July 30 Rio Tinto said on Thursday it approved nearly $200 million for its Jardar lithium project in Serbia that will be used to fund its feasibility study.
MELBOURNE - Rio Tinto said on Wednesday it saw a sharp V-shaped recovery in China as stimulus spurred industrial activity, helping its first-half profit handily beat market expectations.
* Pays record H1 dividend of $1.55 a share; no special payout
July 29 Anglo-Australian miner Rio Tinto's first-half profit fell 4% on Wednesday, as coronavirus-driven disruptions spurred a drop in copper shipments, overshadowing the impact of higher iron ore prices.
MELBOURNE Rio Tinto on Friday reported a 1.5% rise in iron ore shipments for the second quarter and said demand for the steelmaking ingredient was improving in China as its economy recovers from the coronavirus outbreak.
MELBOURNE July 17 Rio Tinto on Friday reported a 1.5% rise in iron ore shipments for the second quarter and said demand for the steelmaking ingredient was improving in China as its economy recovers from the coronavirus outbreak.
* Government disappointed by Rio Tinto's decision (Recasts, adds comment from government and Contact energy,)
BEIJING, July 8 China's Nanjing Iron & Steel Co Ltd said on Wednesday it has completed its first blockchain-backed trade in iron ore after booking a $16.87 million shipment of the steelmaking ingredient from a joint venture of miner Rio Tinto.