News: Rio Tinto Ltd (RIO.AX)

RIO.AX on Australia Stock Exchange

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Tue, Jul 1 2014

Japan third-quarter aluminium premiums mostly set at record high $400-$408/T: sources

TOKYO - Japanese aluminium buyers will mostly pay record high premiums of $400-$408 per tonne over London Metal Exchange prices for July-September shipments, up 8-12 percent from the previous quarter, four sources involved in the negotiations said.

UPDATE 1-Japan Q3 aluminium premiums mostly set at record high $400-$408/T-sources

* Premiums for July-September shipments up 8-12 pct from $365-$370 in Q2

Japan Q3 aluminium premiums mostly set at record high $400-$408/T-sources

TOKYO, July 1 - Japan's aluminium premiums for July-September shipments were mostly set at a record high $400-$408 per tonne, up 8-12 percent from the previous quarter, on higher overseas rates and solid local demand, sources directly involved in the talks said.

Rio Tinto to cut up to 300 jobs at Mongolia copper mine

ULAN BATOR, May 28 - Rio Tinto Ltd plans to cut around 300 jobs at the Oyu Tolgoi copper and gold mine in Mongolia it operates to cut costs as copper prices remain weak, the global miner told staff on Wednesday.

Envestra seeks delay in $2 bln takeover vote as Cheung Kong makes rival bid

SYDNEY - Australian gas pipeline owner Envestra Ltd sought to delay a shareholder meeting to vote on a A$2.06 billion ($1.93 billion) takeover bid by larger rival APA Group after firms associated with Li Ka-shing lobbed a higher eleventh hour offer.

Strong 7.5 magnitude quake hits off Papua New Guinea

- An earthquake with a magnitude 7.5 struck off Papua New Guinea on Saturday and a tsunami warning was briefly issued for the Pacific Island nation and neighboring Solomon Islands, but there were no immediate reports of damage.

Australia shares seen higher, Rio Tinto Q1 shipments may weigh

SYDNEY, April 15 - Australian shares are seen rebounding modestly after a slide in the previous session as Wall Street closed higher overnight, though investors may exercise some caution ahead of the release of the Reserve Bank of Australia's policy meeting minutes later in the day.

Magnitude 7.3 quake hits near Papua New Guinea: USGS

SYDNEY - A major earthquake with a magnitude of 7.3 was recorded off Papua New Guinea's remote Bougainville Island, the U.S. Geological Survey said on Friday, but there were no immediate reports of damage.

RPT-UPDATE 1-Producers seek record aluminium premium in Japan-sources

TOKYO, Feb 24 - Some big aluminium producers have pushed up their proposed premiums on primary metal to Japanese buyers by 45-47 percent to a record $370-$375 per tonne for April-June shipments, four sources involved in quarterly pricing talks said on Monday.

UPDATE 1-Producers seek record aluminium premium in Japan-sources

TOKYO, Feb 24 - Some big aluminium producers have pushed up their proposed premiums on primary metal to Japanese buyers by 45-47 percent to a record $370-$375 per tonne for April-June shipments, four sources involved in quarterly pricing talks said on Monday.

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