Rio Tinto

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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

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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

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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

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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

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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%

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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

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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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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

riotinto.com
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

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