Rio Tinto

Rio Tinto
Rio Tinto reduced iron ore production by 10.9% q/q in Q1

Sales of raw materials during this period decreased by 9.5% q/q
Rio Tinto to receive $13.4 million for decarbonization from the Canadian government

The funds are intended to support the decarbonization of iron ore processing at the Labrador West facility

Rio Tinto
Rio Tinto and BHP to cooperate with BlueScope in the production of green pig iron

The companies will explore developing a pilot electrosmelting facility (ESF) in Australia
Rio Tinto increased iron ore supply by 3% y/y in 2023

Raw material production increased by 2% year-on-year in 2023
Rio Tinto will invest $6.2 billion in the development of an iron ore deposit in Guinea

The Simandou iron ore project is the world's largest untapped raw material deposit with resources of 2.8 billion tons
Rio Tinto increased iron ore supply by 1% y/y in Q3

In 9 months of 2023, shipments increased by 5% year-on-year

Rio Tinto
Rio Tinto expects to increase iron ore shipments from the Pilbara region in 2024

However, the company warns that production of raw materials with a low iron content will increase
H2 Green Steel has entered into agreements with Rio Tinto and Vale for the supply of DRI pellets

Pellets for the plant in Sweden will be supplied from Canada and Brazil
Rio Tinto increased iron ore supply by 7% y/y in the first half of 2023

In the second quarter, shipments decreased by 4% q/q and 1% y/y
Rio Tinto increased iron ore supply by 16% y/y in the first quarter

Compared to the fourth quarter of 2022, shipments decreased by 6%
China’s Baowu Steel seeks to expand ties with Rio Tinto

In 2022, the companies created a joint venture to develop the Western Range project
Rio Tinto in 2022 kept iron ore shipments at the level of 2021

In 2021, iron ore production increased by 1% y/y – 324.1 million tons

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