Rio Tinto well placed for rising demand
May 29, 2008
Rio Tinto says it is well placed to take advantage of an expected doubling in global demand for its metals and minerals by 2022.
BHP Billiton executives say Rio Tinto takeover bid will go to European regulators within weeks
A BHP Billiton Ltd. executive said the world's largest miner will submit its first paperwork with European Union regulators regarding its planned takeover of rival Rio Tinto Ltd. within weeks.
Shares of BHP Billiton, Rio Tinto climb on rumors of higher bid for Rio, Chinese stake
Shares of BHP Billiton Ltd. and Rio Tinto Ltd. surged in Australia on Wednesday as fresh rumors swirled around the two companies linked by what could be the largest takeover ever in the mining sector.
Rio Tinto ends Asian steel price talks
Rio Tinto has concluded price negotiations with its Asian customers for the steelmaking commodity.
Australia approves Chinalco's stake...
Australia has approved Aluminum Corp. of China Ltd.'s stake in miner and takeover target Rio Tinto Ltd., Treasurer Wayne Swan said Sunday.
Rio Tinto: We don't need BHP
Rio Tinto has said it is still dismissive of the $135 billion all-stock hostile takeover bid by BHP Billiton and that it is doing fine on its own.
Rio Tinto wants more China partnerships
Rio Tinto would like to work with Chinese state firms to develop mining projects around the world, chief executive Tom Albanese says.
BHP Billiton's bid for Rio Tinto...
The European Union has begun a full investigation into BHP Billiton's proposed
$170billion ($£85.8billion)takeover of Rio Tinto, its rival.
Rio Tinto's Copper-Bottomed Ship Came In
Kennecott unit massively upgrades mine's value.
Rio Tinto spins iron ore deal into bid defense (Reuters)
Reuters - Shares in global miner Rio Tinto gained over 1 percent on Tuesday after it won a huge price rise for iron ore shipped to China, giving it a chance to trumpet its defense against a $163 billion takeover bid.
Rio Tinto to invest 2.15 bln dlrs in Brazil iron ore mine (AFP)
AFP - Anglo-Australian mining giant Rio Tinto announced Wednesday that it will invest 2.15 billion US dollars in a major expansion of its iron ore mine in Corumba, Brazil.
Rio Tinto set for iron ore price rise
Rio Tinto says it is in a strong position to achieve a premium price for its iron ore from Chinese steelmakers.
China's Baosteel agrees to nearly...
China's biggest steel producer, Baosteel Group, agreed to price hikes of up to 96.5 percent with iron ore supplier Rio Tinto, the companies said Monday, amid surging demand for...
BHP Billiton raises Rio Tinto...
AFP - BHP Billiton sweetened its bid for Rio Tinto Wednesday, lifting its valuation of the mining giant to 147.4 billion dollars as it presses for a mega-takeover to exploit a...
BHP and Rio Tinto lead market higher
The Australian sharemarket closed higher yesterday, boosted by strong rises in global miners BHP Billiton and Rio Tinto.
Rio Tinto unveils Sulawesi resource
Mining giant Rio Tinto has unveiled a 162 million tonne resource at its Sulawesi nickel project in Indonesia, as a legal stoush brews over the venture.
Rio Tinto wins up to 97 percent rise...
Rio Tinto, the world's second-largest iron ore producer, secured price rises with its Asian customers of up to 96.5 percent for its ore this year, the miner said Tuesday.
Rio Tinto to invest $2.15 bln in Brazil iron ore mine (AFP)
AFP - Anglo-Australian mining giant Rio Tinto announced Wednesday that it will invest 2.15 billion US dollars in a major expansion of its iron ore mine in Corumba, Brazil.
BHP executive fires latest shot at Rio Tinto over value of growth projects
BHP Billiton's chief executive said Wednesday his company's development projects are more advanced than those of its takeover target Rio Tinto, the latest salvo in an argument between the mining giants over which has higher value.
Rio Tinto says first quarter iron ore...
AFP - The world's third largest miner Rio Tinto Wednesday said iron ore sales were at a record level in the first quarter despite lower production from Western Australia.
Rio Tinto iron ore sales hit record...
AFP - Anglo-American mining giant Rio Tinto said on Wednesday that iron ore sales reached record levels in the first quarter despite lower production from Western Australia.
Rio Tinto to invest in iron ore studies
Rio Tinto Ltd will spend $A521.96 million on the expansion of its Pilbara operations to increase output to 320 million tonnes per year.
Rio Tinto warns about David Tweed
Rio Tinto has warned its shareholders to be wary about potential unsolicited offers from sharemarket opportunist David Tweed.
Rio Tinto rail access could 'cost $30b'
Rio Tinto says it could cost Australia $30 billion over 20 years if the company's Pilbara railways in Western Australia are open to third party access.
Rio Tinto to hike iron ore price for...
AFP - Anglo-Australian mining group Rio Tinto said Monday that it had agreed a near doubling of the price of its iron ore sales to Chinese steel maker Baosteel.