Japanese trading house Mitsui & Co. will buy a stake in an Australian iron ore project for $5.3 billion, in a bet that the ...
It comes a week after the mining giant told 120 employees that their roles were being outsourced to contractors.
The miner will pay its lowest dividend in seven years and enact “strict” cost controls on its flagship iron ore division, ...
Japanese buyers are known for three things in Australian deals: clean bids, strategic moves and sometimes being late to the ...
Unionisation of the Pilbara’s iron ore industry could curtail BHP’s plans to invest in new mines, according to the company’s ...
Rio Tinto’s (RIO) port, rail and mine operations have resumed after Tropical Cyclone Zelia passed over Western Australia’s Pilbara region. All the company’s people remained safe and unharmed during ...
Reclusive billionaire Angela Bennett and the Wright family have landed an $8.4bn payday after selling sought-after stakes to ...
The deal comes as Rio struggles to maintain production of superior quality iron ore grades in the Pilbara. Rhodes Ridge is a higher-grade deposit and may help offset declines elsewhere. Iron ore ...
Australia on Thursday allocated A$1 billion ($636 million) to a fund that will support the manufacture of green iron and its ...
Although Rio Tinto has been affected by lower iron ore demand from China, the world's second biggest miner managed to make ...
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