Rio Tinto Group

Rio Tinto Group

Mitsubishi Corp., Japan’s largest trading company, and Murchison Metals Ltd. agreed to jointly develop a A$3 billion ($2.5 billion) iron ore project in Australia amid soaring demand for the steelmaking ingredient.
The two companies want to build a port, railroad and develop the Jack Hills mine in Western Australia state, Tokyo- based Mitsubishi said in a […]

June 18th, 2007 Tags: Australia, bank, BHP, BHP Billiton, BHP Billiton Ltd., Billiton, Bloomberg, Center, Chairman, China, Company, Completion, Credit Suisse, Credit Suisse Group, Energy, Exchange, Export, Export-Import Bank of China, Infrastructure Asset, Intersuisse, Iron Ore, Japan, Korea, Market, Melbourne, metal, Midwest, Million Tons, mine, mining, Mitsubishi, Mitsubishi Corp., Perth, Posco, Price, Prices, Reading, Rio de Janeiro, Rio Doce, Rio Tinto, Rio Tinto Group, Shares, South Korea, steel, Steelmakers, Tokyo, Tokyo Stock Exchange, Trade, Western Australia

Australia’s main opposition Labor Party has dropped its 25-year-old ban on new uranium mines, paving the way for industry expansion.
Delegates at the party’s annual conference voted today to support Labor leader Kevin Rudd’s motion to overturn the ban and allow the uranium industry to develop “under the most stringent conditions.” State governments have the power […]

April 28th, 2007 Tags: ATM, Australia, BHP, BHP Billiton, BHP Billiton Ltd., Billiton, Bloomberg, Center, Coal, Coalition government, Dam mine, Energy, energy production, energy resource, energy resources, Energy Resources of Australia Ltd, Environment, Export, Exports, Ford, Garrett, Gas, gas masks, Heathgate, John Howard, Kevin Rudd, Labor, law, Leigh, Lima, mine, Mines, mining, Northern Territory, nuclear energy, Oil, oil-fired plant, Olympic Dam, Perth, Power, Price, Resources, Rio Tinto, Rio Tinto Group, South Australia, State Government, Sxr, Sxr Uranium One, SXR Uranium One Inc., Sydney, Sydney Morning Herald, Uranium, Uranium One, Uranium One Inc.

Rio Tinto Group, the world’s second-largest iron ore exporter, is studying expanding annual production of the steelmaking ingredient by 36 percent in Western Australia, amid “tight” global supply.
Output may rise to 300 million tons from 220 million tons in 2009, Chief Executive Leigh Clifford said at a press conference in Perth, Australia. Sam Walsh, Rio’s […]

April 28th, 2007 Tags: Aluminum, Asia, Asian, ASN, Australia, Australian Stock Exchange, Bay, BHP, BHP Billiton, BHP Billiton Ltd., Billiton, Bloomberg, Chairman, China, Coal, Company, Copper, Dalrymple Bay, Europe, Exchange, Export, Exports, Ford, Iron Ore, Leigh, London, Market, May Rise, metal, Million Tons, New South Wales, Newcastle, Perth, Price, Prices, Queensland, Rio Tinto, Rio Tinto Group, Shares, steel, steel producer, Sydney, Wales, Western Australia, Zinc

Coal is poised to rebound from a two-year slump as China buys more than it exports for the first time in history.
Power use in China, the world’s biggest coal producer, is rising 13 percent annually, and utilities are building plants at a record pace. The nation gets 78 percent of its electricity from coal, spurring […]

April 17th, 2007 Tags: Africa, ANZ, Asia, Asian, Australia, Australian Bureau of Agricultural and Resource Economic, bank, Beijing, BHP, BHP Billiton, BHP Billiton Ltd., Billiton, Bloomberg, Bumi, Bumi Resources, Chairman, Chen Biting, China, China Coal Information Institute, China’s coast, Coal, coal mine, coal miner, coal mining, coal producer, coal product, Company, Deutsche Bank, Deutsche Bank AG, Eastern, electricity, Energy, Europe, Exchange, Export, Exports, fuel, Germany, Gold, Goldman, Goldman Sachs, Goldman Sachs Group Inc., Gross domestic product, Group Inc., Henderson, Hong Kong, Hong Kong Stock Exchange, India, Indonesia, Investment Bank, Jakarta, Kong, Lee, Li Yizhong, London, Market, May Rise, Melbourne, Million Tons, mine, Miner, Mines, mining, New York, Newcastle, Oil, Peter Richardson, Pike, Power, power producer, Price, Prices, Purchases, Resources, Richard Price, Richardson, Rio Tinto, Rio Tinto Group, Russia, Shanxi, Shares, Shenhua, Shire, Singapore, South Africa, St. Louis, State Administration of Work Safety, Switzerland, Sydney, telephone, Tokyo, Tokyo Electric Power Co, Trade, Vietnam, Westminster Securities, Xstrata, Xstrata PLC, Yanzhou Coal Mining, Zug

Charlie Sartain, chief executive for copper at Xstrata, one of the world’s largest mining companies, said the growth in Chinese demand for all commodities was “just phenomenal,” and prices may rise for the next few years as a result.
Demand for copper in China may increase 8 percent to 10 percent this year compared with last […]

April 3rd, 2007 Tags: bank, Bloomberg, central bank, China, China Securities Journal, Clay, Clayton, Codelco, Company, Copper, copper producer, Europe, Exchange, Freeport, Germany, Gold, London, Market, May Rise, metal, Middle East, Million Tons, mine, Miner, Miners, mining, Mobil, National Bureau of Statistics, Nome, Power, Price, Prices, Rio Tinto, Rio Tinto Group, Shenzhen, steel, Wen Jiabao, Xstrata

Export prices for power-station coal at Newcastle, Australia, the world’s largest coal-export harbor, fell 1.8 percent last week after major producers and buyers agreed contracts for 2007 supplies.
The weekly index of prices for thermal coal for immediate delivery from the port in New South Wales state slid 98 cents to $52.63 a metric ton in […]

April 3rd, 2007 Tags: Alcoa, Australia, BHP, BHP Billiton, BHP Billiton Ltd., Billiton, Bloomberg, China, Coal, Export, Exports, Hunter Valley, Ireland, James, James Rickards, Japan, Korea, Million Tons, mining, New South Wales, Newcastle, Newcastle port, Oman, Power, Price, Prices, Rio Tinto, Rio Tinto Group, South Korea, Taiwan, Thailand, Valley, Wales, Western Australia, Xstrata, Xstrata PLC

The Timken Company and Rio Tinto Energy America, a business unit of one of the world’s leading mining and exploration companies, have worked together to help achieve longer equipment life while reducing downtime and maintenance costs at the Cordero Rojo Mine near Gillette, Wyo. The improved performance is a result of Timken’s Bearing Maintenance Training […]

February 22nd, 2007 Tags: America, Audi, Coal, coal mine, Colorado, Company, Education, electricity, Energy, fuel, Gillette, media relations, mine, mine site, Miner, Mineral, Mines, mining, Montana, Nova, Power, Resources, Rio Tinto, Rio Tinto Group, Scott, services, Steve, Trade, Wyoming

Baosteel Group, China’s largest steelmaker, and a rival, Wuhan Iron & Steel Group, are seeking to invest in iron ore projects in Australia to secure supplies to meet rising demand.
“We are looking closely at potential iron ore projects,” Zhang Yong, Baosteel’s Australian investment manager, said in an interview before a mining conference that started Tuesday […]

February 16th, 2007 Tags: Asia, Asian, Australia, bank, BHP, BHP Billiton, Billiton, Canada, China, Coal, Company, Energy, energy projects, Export, Exports, Fortescue Metals Group, Gas, Hong Kong, Iron Ore, Japan, Kong, metal, Midwest, mine, Miner, Mineral, Miners, Mines, mining, Mobil, Natural Gas, Oman, Perth, Price, Purchases, Rio Doce, Rio Tinto, Rio Tinto Group, Rowley, Shanghai, steel, steel group, steel industry, steel producer, steel producers, Steelmakers, Sydney, Trade, United States, Western Australia

SXR Uranium One Inc. agreed to buy UrAsia Energy Ltd. for $3.1 billion, to form the world’s second- largest uranium producer as rising demand for nuclear fuel drives prices to records.
SXR, owner of South Africa’s largest undeveloped uranium deposit, offered C$7.05 ($6.01) a share in stock for Vancouver- based UrAsia, which owns uranium mines in […]

February 12th, 2007 Tags: Africa, Alternative Investment Market, Amec, America, AREVA, Asia, Australia, Bloomberg, BMO Capital Markets, CAMEC, Cameco, Cameco Corp., Canaccord Adams, Canada, Coal, Company, Energy, Energy Ltd, Environment, Europe, Exchange, Export, fuel, Green Mountain, Hiroshima, Its Mine, Johannesburg, Kazakhstan, KYOTO, Kyrgyzstan, London, London Stock Exchange, Market, markets, mine, Miner, Mineral, Mines, mining, Neal, Neal Froneman, North America, North Carolina, Northwest, nuclear energy, Oil, Oil and Coal, Paradigm Capital, Paradigm Capital Inc., Paris, pence, Power, Price, Prices, Rio Tinto, Rio Tinto Group, Russia, Russian, Saskatchewan, Saskatoon, Shares, South Africa, Steve, Sweetwater uranium mill, Sxr, Sxr Uranium One, SXR Uranium One Inc., Sydney, telephone, Toronto, Uranium, Uranium Mill, Uranium One, Uranium One Inc., uranium producer, Vancouver, Water, Wyoming

BHP Billiton Ltd., the world’s biggest mining company, will probably say fiscal first-half profit climbed to a record on surging commodity prices.
Net income probably rose to $6.3 billion for the six months ended Dec. 31 from $4.4 billion a year earlier, according to the median estimate of six analysts surveyed by Bloomberg News. Melbourne-based BHP, […]

February 8th, 2007 Tags: ABN Amro, Australia, bank, Base metal, BHP, BHP Billiton, BHP Billiton Ltd., Billiton, Bloomberg, Charles “Chip” Goodyear, Chile, China, Clark, Coal, Company, Constellation Capital Management, Copper, Earnings, Escondida, Escondida copper mine, Exchange, Export, Gas, Goodyear, Gulf, Gulf of Mexico, Inco, Intersuisse, Iron Ore, Labor, London, Market, May Rise, Melbourne, metal, metal prices, Mexico, mine, Mines, mining, Oil, Oil and Gas, oil project, Peter Chilton, Price, Prices, Resources, Rio Tinto, Rio Tinto Group, Shares, stainless steel, steel, steel industry, Sydney, UBS AG

BHP Billiton Ltd., the world’s biggest mining company, will probably say fiscal first-half profit climbed to a record on surging commodity prices.
Net income probably rose to $6.3 billion for the six months ended Dec. 31 from $4.4 billion a year earlier, according to the median estimate of six analysts surveyed by Bloomberg News. Melbourne-based BHP, […]

February 6th, 2007 Tags: ABN Amro, Australia, bank, Base metal, BHP, BHP Billiton, BHP Billiton Ltd., Billiton, Bloomberg, Charles “Chip” Goodyear, Chile, China, Clark, Coal, Company, Constellation Capital Management, Copper, Earnings, Escondida, Escondida copper mine, Exchange, Export, Gas, Goodyear, Gulf, Gulf of Mexico, Inco, Intersuisse, Iron Ore, Labor, London, Market, May Rise, Melbourne, metal, metal prices, Mexico, mine, Mines, mining, Oil, Oil and Gas, oil project, Peter Chilton, Price, Prices, Resources, Rio Tinto, Rio Tinto Group, Shares, stainless steel, steel, steel industry, Sydney, UBS AG

Rio Tinto Group, the world’s third- largest mining company by sales, may say second-half profit rose 19 percent to a record as commodity prices soared last year and iron-ore production grew.
Net income advanced to $3.72 billion in the six months ended Dec. 31, from $3.03 billion a year earlier, according to the median estimate of […]

February 2nd, 2007 Tags: America, Anglo America, Anglo American Plc, Australia, Australian Stock Exchange, bank, Beijing, Bloomberg, China, Clay, Company, Copper, Earnings, Environment, Exchange, Falconbridge, Falconbridge Ltd., Ford, fuel, HSBC, HSBC Holdings, Inco, industrial metal, Iron Ore, Ivanhoe Mines Ltd., Leigh, London, May Rise, metal, mine, Miner, Miners, Mines, Mines Ltd., mining, Mongolia, nickel producer, Numis Securities, Numis Securities Ltd., Paris, Price, Prices, Resources, Rio Tinto, Rio Tinto Group, Shares, Societe Generale, steel, Steelmakers, Sydney, Trade, UBS AG, Xstrata, Xstrata PLC

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