Turquoise Hill has now become Rio Tinto’s wholly owned subsidiary. SEATTLE (Scrap Monster): Anglo-Australian mining firm Rio Tinto has closed the takeover of Canadian miner Turquoise Hill Resources for a consideration of approximately $3.1bn. The miner…
The company expects the shipments of the steelmaking raw material to range between 320 million tonnes and 335 million tonnes. SEATTLE (Scrap Monster): Global miner Rio Tinto announced ore shipment guidance…
The joint venture partners have also entered into an iron ore sales agreement at market prices covering a total of up to 126.5 million tonnes of iron ore over a…
Both the parties have agreed to expeditiously finalise an arrangement agreement, the details of which will be made public once executed. SEATTLE (Scrap Monster): Rio Tinto and Turquoise Hill Resources Ltd.…
Fortescue reported record iron ore shipments of 49.5 million tonnes (mt) for the quarter and 189.0mt for FY22. SEATTLE (Scrap Monster): The Forstescue Metals Group announced its June 2022 quarterly production…
The parties have been in negotiations with the Guinea government, which has been pushing for the free-carry for its stake. SEATTLE (Scrap Monster): Rio Tinto Group has reportedly formed a joint…