Page 6 - Simandou News Today

Underlying EBITDA of $23.9 billion. Net cash generated from operating activities of $15.2 billion. Profit after tax attributable to owners of Rio Tinto of $10.1 billion, after $0.7 billion of...

Rio Tinto, The world's largest iron ore producer reported underlying earnings of $11.8bn (£9.4bn) for 2023, down from $13.4bn (£10.6bn).

Progress at Simandou, but Queensland aluminium business still in the balance

Rio Tinto PLC on Wednesday said it has signed Australias biggest renewable power deal in order to supply its Gladstone operations in Queensland. The Anglo-Australian miner said it will buy the...

Rio Tinto said its underlying earnings came in at $11.8-billion for 2023, down from $13.4-billion a year earlier, mostly due to lower prices for aluminum and its minerals division

Rio Tinto sees fall in earnings in 2023 and expects increased costs at its Pilbara iron ore operation in Western Australia in 2024.

From MAMADU ONDO in Conakry, GuineaGuinea BureauCONAKRY, (CAJ News) - THE dissolution of the government by the military regime adds a new dimension to the volatile political atmosphere in Guinea. Late Monday, Brigadier General Amara Camara, the presidency's Secretary General, had dissolved the government led by Bernard Goumou, who had been appointed Prime Minister by

Rio Tinto reported lower sales revenue and production costs, with ongoing investments in future projects and a renewable energy deal.

“The board yesterday approved the largest mining project in the world,” CEO Stausholm told Financial Times.

Ghana aims to process its iron ore locally by 2027 as part of plans for steel production to boost economic growth, a target that's part of a continent-wide push to add more value to natural resources at home.