Page 12 - Beyla News Today

China’s political fallout with Australia in 2020 prompted an expedited effort by China to seek other sources of iron ore, like the Simandou mine in Guinea.

Australia’s ‘millionaires factory’ has given Rio Tinto’s update on its slated $9.5 billion investment towards the mega Simandou iron ore project the thumbs up.

From US-complied AI chips for Chinese gamers to lithium leeway for EV makers, and Shell list of bidders to Janet Yellens bid to allay fears over rising US joblessness, heres a look into the world of business and economics

Rio Tinto said Wednesday it expects to spend roughly $6.2 billion to develop its share of the Simandou iron ore project in Guinea. The iron ore buried in…

A big African iron ore project will drive Rio’s spending to $45b over the next three years, and it would be higher if not for deferred decarbonisation spending.

Rio Tinto said on Wednesday its share of capital expenditure to develop the Simandou iron ore project in Guinea and associated rail and port infrastructure would be about $6.2 billion. ...

By Rhiannon Hoyle Rio Tintos single biggest investment over the next few years is likely to be a huge African iron ore project that could reshape global supplies of the steelmaking...

MARKET WRAPS Watch For: EU retail trade; Germany manufacturing orders, manufacturing turnover; UK Bank of Englands financial stability report, narrow money and reserve balances,...

Rio Tinto PLC on Wednesday said it plans to deliver USD30 billion in capital investment to 2026, as production expected to grow. The London-based mining company said it expects USD10.0 billion of...

Rio Tinto PLC on Wednesday said production at its Simandou mine is expected to begin in 2025, as it pledged to spend USD6.2 billion out of a total USD11.6 billion of initial capital funding. The...