Rio Tinto
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
China’s new state agency will become a powerful buyer of iron ore

CMRG consolidates raw material purchases of about 20 of the largest Chinese steel producers

Rio Tinto
Rio Tinto to invest $600 million in the development of renewable energy in the Pilbara

Investments will be directed to the construction of two solar power plants with a capacity of 100 MWh and a battery for 200 MWh
Rio Tinto increased iron ore shipments by 4% in the third quarter of 2022

The company confirmed the iron ore shipment forecast for 2022 at the level of 320-335 million tons

Rio Tinto and Scania have agreed to develop unmanned quarry dump trucks

Rio Tinto plans to phase out new diesel dump trucks by 2030
Rio Tinto and China Baowu will create a joint venture for iron ore mining in Australia

The cost of the project will be $2 billion, the agreement must be approved by the governments of Australia and China

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