Page 17 - Rishav Chatterjee News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Australia's Lynas Rare Earths said on Monday its second-quarter revenue fell sharply, missing analysts' estimates, as prices plunged during a slowdown in construction activity in China, sending its shares to 30-month lows. The world's largest producer of rare-earths outside China said its sales fell 51.7% to A$112.5 million ($74.06 million) in the three months to Dec. 31, from A$232.7 million in the year-ago period. "Major issue for the company at present is the commodity price trajectory and demand in China," said analyst Dan Morgan of Barrenjoey.

Rio Tinto on Tuesday reported full-year shipments of 331.8 million metric tons, up 3% on the year as it leans on greater efficiencies and higher production from its Gudai-Darri mine in Western...

Rio Tinto on Tuesday reported a 1% fall in its iron ore shipments in the fourth quarter of 2023 even as it ramped up production at its Gudai Darri mine in Western Australia. The world's...

Rio Tinto said on Tuesday its Dampier Salt joint venture will sell the Lake MacLeod salt and gypsum operations in Western Australia to Leichhardt Industrials Group, which is backed by former Dow...

-Global asset manager Keppel's infrastructure business will supply electricity to the Singapore operations of contract chipmaker GlobalFoundries under a multi-year agreement, the companies said on...