Rio Tinto has committed to generating $5 billion of additional free cash flow over the next five years from a productivity drive unveiled today as part of its long-term strategy,...
Chinalco, a Chinese company, is buying off Rio Tinto’s stake in Simandou South iron ore project in Guinea. Melbourne-based Rio Tinto and Chinalco are joint shareholders of Simandou mine. In...
The Competition Commission (Commission) has reached a settlement agreement with ArcelorMittal South Africa Limited (AMSA), finalising all pending investigations and prosecutions against AMSA. In terms of the agreement, AMSA admits...
Following low iron prices, which indications are will not be recovering anytime soon since their fall in 2011, Rio Tinto Group announced that it will delay development of the $20...
It’s a reality fellow iron producers might not be keen to hear as they are hoping for a rebound after lowest prices in years, Andrew McKenzie, BHP Biliton CEO, foresees...