Rio Tinto Ltd (RIO.AX)
21 Nov 2018
SHANGHAI Mongolia aims to complete a railway from its Tavan Tolgoi coal project to the Chinese border by 2021, a Mongolian official told Reuters on Thursday.
LONDON Anglo Pacific has a warchest of $100 million to spend on two new revenue streams over the coming months, preferably in the Americas, its chief executive said at the Reuters Global Commodities Summit.
CONAKRY Global miner Rio Tinto's outline deal to sell its stake in the Simandou iron ore project in Guinea has lapsed after years of negotiations failed to produce an agreement with Aluminum Corp of China (Chinalco).
Global miner Rio Tinto Ltd said its third-quarter iron ore shipments fell about 5 percent, after four quarters of growth, and first production from Oyu Tolgoi, its giant copper and gold project in Mongolia, would be delayed.
* Q3 Copper output up 32 pct (Adds details on Oyu Tolgoi production and cash flow)
LONDON, Oct 10 Rio Tinto is close to restarting a sale process for some of its aluminium assets, including a plant in Iceland, which have been valued at around $350 million, two sources familiar with the matter said.
* Labour day holiday in New South Wales, South Australia and the Australian Capital Territory
MELBOURNE Rio Tinto and its joint venture partners, Mitsui & Co and Nippon Steel & Sumitomo Metal , will spend about $1.55 billion to maintain production capacity at two iron ore projects in Western Australia.
Global miner Rio Tinto will return $3.2 billion to shareholders from its sale of Australian coal assets this year in addition to existing buyback programs, it said on Thursday.
* Lack of good assets to buy (Adds context, share price move)