Mining giant Rio Tinto has successfully completed its first renewable diesel trial across its Pilbara iron-ore operations, ...
A host of problems with existing projects make matters worse. Ore quality—the amount of valuable metal in a sample of rock—is declining, forcing miners to dig deeper; mining permits can take years, if ...
Shares of Rio Tinto RIO have lost 3% since it reported fiscal 2024 results on Feb. 19. The company reported a 1% decline in ...
Vale faces currency risk, as most of its costs are denominated in reais, while the bulk of its revenue and debt is denominated in US dollars. Dollar depreciation relative to the real reduces operating ...
The term gamechanger is often over used enough to be rendered meaningless, but the huge Simandou mine in the West African ...
BHP (ASX:BHP) is positioning itself for a significant shift in its operations, transitioning from a focus on iron ore to ...
The Legacy Lithium project covers 100km of striking paragneiss situated in a region known for lithium discoveries, including ...
It is overused to the point of being meaningless. But the Simandou mine, located in Guinea, West Africa is a game changer. It ...
Mitsui, one of Japan’s biggest companies, has gone against conventional thinking to dive deep into iron ore, adding $5.3 ...
Sanctuary Advisors LLC lifted its stake in Rio Tinto Group (NYSE:RIO – Free Report) by 7.9% during the fourth quarter, ...
Allworth Financial LP boosted its holdings in Rio Tinto Group (NYSE:RIO – Free Report) by 47.6% in the 4th quarter, according ...
Rio Tinto’s balance sheet is sound with minimal net debt of around USD 5.5 billion at the end of December 2024 or about 0.2 times trailing 12-month EBITDA. We forecast net debt/EBITDA and net debt to ...
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