Rio Tinto
Cyclones in Australia disrupted the company's plans, which warns of the risk of disrupting the forecast for 2025
This year, the company will start implementing the Brockman Syncline 1 project
Shipments in this period amounted to 328.6 million tons
The start of commercial operation is expected in 2028
In addition to increasing its production performance, the company is actively promoting its decarbonization strategy
16 October 2024
Rio Tinto and Vale noted rising production figures despite uncertainty in the Chinese market
The total amount of the contract is about $110 million
During this period, shipments of iron ore increased by 3% q/q
The company will specialize in evaluating the efficiency of the new direct iron recovery technology
Sales of raw materials during this period decreased by 9.5% q/q
News Companies decarbonization
27 February 2024
The funds are intended to support the decarbonization of iron ore processing at the Labrador West facility
The companies will explore developing a pilot electrosmelting facility (ESF) in Australia