Rio Tinto - Latest news GMK Center

The project will maintain the West Angelas hub's capacity at 35 million tons per year and create more than 1,500 jobs

The company points to a lack of incentives for the development of this sector

The company has cut dividends to their lowest level since 2018 and warned of rising costs in the Pilbara region

The company increased its output in the Pilbara region by 20% q/q

The project has received the necessary permits, with first production scheduled for 2027

The project development cost amounted to $2 billion

BHP Group believes that its commodities portfolio is able to withstand various scenarios

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