Tag: RIO
BHP to shut down NSW’s largest coal mine, Worley strikes deal with Chevron and Fortescue teams up with Liebherr
BHP Group (ASX: BHP) has announced it will shut down its Mt Arthur coal mine in New South Wales after no buyers were sought for the state’s largest coal mine, which has been operating since 2002.
T...
Rusal takes legal action against Rio Tinto, Santos meets resistance over gas project and Crown on verge of Sydney launch
Russian company Rusal has taken legal action against Rio Tinto (ASX: RIO) to take back access to its share of alumina produced under a joint venture at a Queensland refinery.
Rio Tinto owns 80% of ...
Gateway Mining to divest Sylvania iron ore rights to Rio Tinto Exploration
Junior explorer Gateway Mining (ASX: GML) has inked a deal with Rio Tinto Exploration, a wholly owned subsidiary of Rio Tinto (ASX: RIO), and DiscovEx Resources (ASX: DCX) giving Rio the option to acq...
Ramsay Health Care receives takeover bid, Westpac fined again, iron ore giants miss production targets
Investors in Ramsay Health Care (ASX: RHC) are buoyant this week after news was released global private equity giant KKR & Co Inc have launched a $20 billion takeover of the institution.
Since ...
Commonwealth Bank crypto launch faces delays, Rio Tinto takes control of Russian-held project interests
The Commonwealth Bank of Australia’s (ASX: CBA) pioneering move to float its first crypto product might face some delays.
Stock market regulator Australian Securities and Investments Commission (AS...
Iron ore’s long goodbye is extended – again
Iron ore’s long goodbye kicks on and might last for the rest of the year thanks to Russia’s war on the Ukraine and another setback for a project in Africa dubbed the Pilbara Killer.
Fighting in the...
Fertiliser stocks surge as Russia suspends exports, Rio Tinto cuts ties, Zip continues to disappoint
Fertiliser company Incitec Pivot (ASX: IPL) has recovered from a series of problems at its production facilities in recent weeks as skyrocketing global wheat prices saw investors pivot to the stock.
...
BHP, Rio Tinto and Woodside boosted by higher commodity prices, CBA sells 10% to Chinese bank for $1.8b
Earlier in the week, Australia’s two biggest mining firms BHP (ASX: BHP) and Rio Tinto (ASX: RIO) saw their stock prices buoyed by a global rise in the price of iron ore as a result of the conflict in...
Russia’s war on the Ukraine puts more pressure on global titanium mineral supplies
The world is not running short of paint, but it might soon face a squeeze on titanium dioxide supplies as Russia continues waging war on the Ukraine – possibly triggering a wake-up call for Australian...
Rio Tinto arm identifies three new targets at Alderan Resources’ Frisco copper project
Alderan Resources' (ASX: AL8) and its farm-in partner Rio Tinto (ASX: RIO) subsidiary Kennecott Exploration have identified three new targets the Frisco copper project in Utah, with a field program to...
Rio Tinto’s lithium plans in Serbia blocked by green groups
Australian mining giant Rio Tinto (ASX: RIO) is on rocky ground in Serbia at the moment as continued environmental protests put pressure on the government to suspend its planned $3.34 billion lithium ...
Amid dazzling returns, is now the time to join the diamond hunt?
The local diamond exploration sector has lost its glitter in recent years, but there’s renewed interest in finding the dazzling stones ancient Greeks thought were splinters of stars that had fallen to...
Have iron ore miners been oversold or should investors ‘steel’ for more ferrous pain?
The pundits were right, for once: the laws of market gravity were always going to catch up with the price of iron ore, which in a matter of weeks has tumbled more than 50% from its nosebleed territory...
How to find winners in the mining services sector
At a time of bumper dividend payouts from the likes of Rio Tinto (ASX: RIO) and – presumably – BHP (ASX: BHP), most investors seeking a resources exposure would be happy to invest directly in the majo...
Get bigger or pay money to shareholders – the choice facing companies
It has been a great time to be a shareholder with Australian companies increasingly stuffed with cash which they will now be looking to put to use.
Those shareholders may selfishly hope that a lot ...
Investing in rare earths is not for the faint-hearted
Rare earths are not rare, nor are they earths, but they are certainly political, and it’s the politics of an increasingly aggressive China which has made the 17 metals in the rare earth family a profi...
Australian explorers return to Sweden in the hunt for energy metals
Australia has the right mix of metals to be a leader in the electric vehicle rush, but Sweden has an equally good mineral mix and a better location for access to the world’s leading car makers which i...
Small iron ore plays to get a boost from big miner’s cash shower
Showers of cash from the big boys of iron ore over the next few weeks will increase investor interest among smaller players in Australia’s most profitable mining industry.
BHP (ASX: BHP), Rio Tinto...
Sand miners on the move but risks are high
A near doubling in the price of Iluka Resources (ASX: ILU) and a sharp upward move by Astron Corporation (ASX: ATR) has restored investor interest in titanium minerals and zircon, but before buying in...
Copper theft on the rise as market tightens and metal prices vault higher
It is not often the activity of criminals provides an investment idea, but when they start stealing copper wire from power stations, or from building sites, then you know it’s time to brush up on copp...
Could this be as good as it gets for Australian iron ore?
At the moment Australia’s big iron ore miners are riding high as strong Chinese demand continues to keep prices high and profit margins very strong.
However, there are signs that the iron ore boom ...
