Page 29 - Peter Oconnor News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Rio Tinto Group has joined the ranks of multinationals shunning Russia following the country’s invasion of Ukraine, calling into question the fate of its aluminum joint venture with Moscow-based United Co Rusal International PJSC. “Rio Tinto is in the process of terminating all commercial relationships it has with any Russian business,” a spokesman for the global miner said in an e-mailed statement yesterday. The London-based company operates the Queensland Alumina Ltd joint venture with Rusal, which holds a 20 percent stake. While Rio is evaluating its options regarding the partnership...

Futures for high-quality thermal coal loaded on ships at Newcastle port in Australia jumped to $446/t Wednesday.

US Federal Reserve Chair Jerome Powell put a rocket up US markets yesterday, which has had a positive impact on the ASX this morning. ASX SPI 200 futures...

Its chief executive admits the mining giant needs more shovel-ready growth projects. But although investors are willing to back M&A, he won’t be rushed.

Its chief executive admits the mining giant needs more shovel-ready growth projects. But although investors are willing to back M&A, he won’t be rushed.