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Rio Tinto Group will spend $1.9 billion to expand its bauxite mining operations in northern Australia, with the development of a new major mine to replace production from depleting projects.
Vale's New York shares fell 0.69% to US$13.02 on Tuesday and Rio Tinto lost 1.50%, while CSN rose 2.65%. What it means for Brazil and US investors. The post Vale Slips 0.69% as Rio Tinto Falls 1.50% | Iron Ore, Oct 20 appeared first on The Rio Times.
Iron ore miners fell on Wednesday 14 October as Brazil’s Vale lost 1.2% to US$13.21 and Rio Tinto 1.94% after US inflation lifted the dollar. The post Vale Falls 1.2% to US$13.21 as Rio Tinto Drops 1.9% | Iron Ore, Oct 14 appeared first on The Rio Times.
Rio Tinto Group’s copper production remained steady in the third quarter as a strong performance at its Oyu Tolgoi mine in Mongolia offset declines elsewhere, while shipments of iron ore rose marginally.
Vale’s New York shares fell 0.73% to US$13.52 on Monday 12 October and Rio Tinto fell 0.51%, while Brazil’s own exchange was shut for a holiday. The post Vale Slips 0.73% to US$13.52 as Brazil Shuts | Iron Ore, Oct 12 appeared first on The Rio Times.