Flano set to fire his first Arrow in battle of Simandou North
The $38m junior is about to drill right next to the giant Simandou iron ore project. Plus, uranium bulls rage on and BHP’s chosen juniors.
Source: livewiremarkets.com
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A rush for 'green' iron is on in Guinea. Will chimpanzees be a casualty?
In December, Anglo-Australian mining giant Rio Tinto announced that it was set to spend $6.2 billion on mining the rich, high-grade iron ore deposits of eastern Guinea’s Simandou Mountains, with production beginning in 2025. The eye-watering figure spoke to the project’s importance: after 25 years of stop-and-start progress, if it reaches Rio Tinto’s shipping target […]
Source: mongabay.com
Rio Tinto: iron ore production down in Q4 -January 16, 2024 at 04:00 am EST
In its Q4 trading update, Rio Tinto reports that iron ore production at its major Pilbara region in Western Australia fell by 2% year-on-year, to 87.5 million tonnes, while iron ore shipments declined...
Source: marketscreener.com
Rio maintains guidance after completing solid operational year
Still flags increased copper mining, similar iron ore shipments, aluminium output in year ahead*
Source: mining-journal.com
Rio Tinto sees Beijing's stimulus driving iron ore demand as China receives Australia's largest copper order in 4 years
Rio Tinto forecasts China – home to the world’s largest steel industry – will hit a peak in consumption, and expects global iron ore demand will rise almost a quarter by 2050.
Source: scmp.com