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News

Rio Tinto avoids iron ore selloff

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 · 4d · on MSN
Rio Tinto’s Iron Ore Output Highest Since 2018; Flags Tariff Costs
The world’s second-biggest miner by market value flagged around $300 million of gross costs from U.S. tariffs on its Canadian aluminum exports.

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 · 4d · on MSN
Rio Tinto misses estimates for iron ore output, copper forecast upbeat
 · 4d · on MSN
Rio Tinto's Q2 iron ore shipments rebound from cyclones; flags $300M in tariff costs
Opinion
4dOpinion
Rio's new CEO faces a long slog to cut costs
Simon Trott's marching orders from Chair Dominic Barton are to improve the $100 bln miner's financial discipline. On paper, ...
Seeking Alpha11mon
Rio Tinto: Iron Ore Glut Will Accelerate By Year-End, Potentially ...
Summary. Rio Tinto has lost ~14% of its value since January, while the S&P 500 has risen by 20%, stemming from a sharp decline in iron prices. I expect China's iron ore demand to continue to ...

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