Rio Tinto PLC (RIO.L)
BEIJING, April 18 Shanghai aluminium prices breached the psychological 14,000 yuan ($2,093.61) a tonne barrier for the first time in four and a half months overnight and extended gains on Thursday on an improved outlook in top consumer China. The 14,000 yuan mark is considered an average break-even for Chinese aluminium smelters, whose margins had been squeezed by a protracted price slump over 2018. FUNDAMENTALS * ALUMINIUM: The most traded aluminium contrac
MELBOURNE BHP Group, the world's biggest miner, joined rival Rio Tinto on Wednesday in cutting its forecast for iron ore output after a tropical cyclone, although analysts expect high prices to limit any impact on profits.
* Iron ore costs creep up to less than $15 from less than $14/T (Recasts, adds detail, adds fund manager comment)
* Energy stocks fall 1.6 pct, snap 3 straight sessions of gains
April 12 Australian shares advanced on Friday, outperforming regional markets as higher iron ore prices supported large miners such as Rio Tinto and Fortescue Metals Group.
SYDNEY, April 10 Mining giant Rio Tinto said a fire had damaged a facility at one of its Pilbara iron ore operations, though there was no word on whether it would impact shipping of the mineral.
* GRAPHIC-2019 asset returns: http://tmsnrt.rs/2jvdmXl (Updates with closing prices)
April 3 Australian shares rose to a near seven-month high on Wednesday as firmer iron ore prices boosted miners while healthcare stocks were lifted by record spending earmarked for the sector in the federal budget.
BEIJING China's iron ore futures hit a 7-week-high on Monday after recording its best quarter in nine, buoyed by strong economic data and tight supply concerns after Rio Tinto cuts its 2019 output for iron ore shipments.
Rio Tinto on Monday cut its 2019 outlook for iron ore shipments from Australia's Pilbara region due to production disruption and damage caused by tropical cyclone Veronica, which hit Western Australia last week.