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BHP hits record for full-year iron ore production, meeting guidance (NYSE:BHP)

CUHRIG/E+ via Getty Images BHP (NYSE: BHP) said on Tuesday that it had identified Another record for annual iron ore production Meeting expectations, with steady production expected for next year. The world's largest mining company by…

Rio Tinto expects to spend $6.2B to develop Simandou iron ore project share (NYSE:RIO)

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Dazman/E+ via Getty Images Rio Tinto (NYSE:RIO) said Tuesday it estimates its initial share of capital spending to develop the Simandou iron ore project in Guinea and associated rail and port infrastructure would total ~$6.2B. Simandou…

Rio Tinto shoulders Simandou iron ore bill as Chinese funds delayed

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© Reuters. FILE PHOTO: The Rio Tinto logo is displayed above the global mining group's booth at the Prospectors and Developers Association of Canada (PDAC) annual conference in Toronto, Ontario, Canada March 7, 2023. REUTERS/Chris…

China’s April iron ore imports up 5% y/y at 90.4 million tonnes

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Full StoryCustoms data showed Tuesday that China's iron ore imports rose 5.1% in April from the same period a year earlier, as buyers expected strong demand for steelmaking components during the peak construction season in spring.“According…