BHP, Rio Tinto Say Chinese Demand for Iron Ore Not …

10-3-2015· BHP, Rio Tinto Say Chinese Demand for Iron Ore Not Fading BHP executive says outlook for China’s resource demand remains compelling

Australia’s iron ore miners exploit supply gap as Covid-19 ...

BHP, Rio and FMG are expected to increase shipments by 2 per cent this year, and would generate free cash flow in excess of $25bn if iron ore prices average $100 a tonne for the whole year, he said.

BHP, Rio Tinto: Chinese iron ore demand not fading ...

BHP, Rio Tinto: Chinese iron ore demand not fading Published: March 10, 2015 at 9:18 a.m. ET

Chinese demand lifts iron ore price to highest in two ...

16-5-2020· Benchmark ore with 62% iron ore content was priced at $90.75/ton today, according to an assessment by S&P Global Platts, up 2.6% for the week; at that price, top producers BHP, Rio Tinto (NYSE:RIO ...

Chinese to BHP: enjoy iron ore demand while it lasts

Chinese to BHP: enjoy iron ore demand ... boosting the coffers of major Australian exporters BHP, Rio Tinto and ... “We expect next year we will see demand for iron ore remain strong ...

China's steelmakers say iron ore import prices are too high

China's steelmakers say iron ore ... Dual-listed shares in Australian miners BHP Billiton and Rio Tinto fell ... which is predominantly carried out by Chinese firms, also meant steel demand ...

BHP, Rio Tinto and FMG share prices rise, iron ore flirts ...

BHP, Rio Tinto and FMG share prices in focus. As a result of the above, Australia’s big three iron ore miners – Rio Tinto (RIO), BHP Group (BHP), and Fortescue Metals Group (FMG) – have seen their share prices rise significantly in the last five sessions.

China demand pushes iron ore back above $90 a tonne ...

Iron ore, the steelmaking commodity that is the main source of income for global miners BHP, Rio Tinto and Vale, broke above $90 a tonne this week for the first time since mid-March, supported by ...

BHP Billiton and Rio Tinto sign binding agreements on …

The production joint venture will deliver all its iron ore output to BHP Billiton and Rio Tinto to sell independently through their own marketing groups. Forward looking statements This announcement includes "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended.

Western Australia Iron Ore | BHP

Western Australia Iron Ore (WAIO) is an integrated system of four processing hubs and five mines connected by more than 1,000 kilometres of rail infrastructure and port facilities in the Pilbara region of northern Western Australia.

Iron ore price stabilizes: BHP, Rio, analysts say fall ...

In recent earnings announcement number three producer BHP Billiton (LON:BHP), behind Vale (NYSE:VALE) and Rio Tinto (LON:RIO), said every $1 decline in the price of iron ore translates into a …

BHP and Rio Tinto Adopt Different Strategies for ...

BHP Billiton and Rio Tinto are carving out sharply different strategies for iron-ore mining in Australia, a sign that rising Chinese demand for steel no longer is a sure bet.

Chinese ore demand strong: BHP, Rio - The Australian

Chinese ore demand strong: BHP, Rio. ... His remarks echoed earlier comments from Rio Tinto's iron ore ... a trend that should eventually put a floor under ore prices, they say. Rio Tinto has ...

China Iron Ore Demand Could Keep Payouts Coming, …

20-2-2019· Iron ore demand in China is poised to remain strong and help bolster profits for Fortescue Metals Group Ltd., which joined rivals in boosting returns to shareholders and flagged possible further ...

What's the outlook for the iron ore market and the major ...

Amid broad market weakness, iron ore giants BHP Group (BHP), Rio Tinto (RIO) and Fortescue Metals Group (FMG) all saw their share prices decline today. FMG was

Chinese iron ore mines face 'annihilation' as BHP, Rio ...

Chinese iron ore mines face 'annihilation' as BHP, Rio Tinto, Vale boost output By Jasmine Ng , Feiwen Rong and Jesse Riseborough Updated May 13, 2015 — 11.00am first published at 10.13am

Baosteel, Rio Tinto ink yuan-based iron ore deal ...

13-5-2020· Chinese steel mills are looking to gain a greater say in iron ore pricing by opting for yuan-denominated settlements, with a key deal concluded in the Chinese currency recently.

BHP Stock Price | BHP Group Ltd. Stock Quote (Australia ...

BHP, Rio Tinto Say Chinese Demand for Iron Ore Not Fading Mar. 10, 2015 at 9:19 a.m. ET on The Wall Street Journal Rivals Hit Oil Exporter That Opened U.S. Spigot

The untouchables: Australia's iron ore producers shrug …

21-5-2020· The untouchables: Australia's iron ore ... Neither the government nor BHP, Rio Tinto and ... Using the Global Times once again as a proxy for what the Chinese government is looking to say, ...

Chinese ore demand strong: BHP, Rio | Adelaide Now

His remarks echoed earlier comments from Rio Tinto's iron ore chief ... put a floor under ore prices, they say. Rio Tinto has estimated 125 ... as Chinese ore demand strong: BHP, Rio.

When Rio Tinto Met China’s Iron Hand - Bloomberg.com

13-7-2018· When Rio Tinto Met China’s Iron Hand In 2010, four employees of the mining giant were jailed and accused of stealing commercial secrets. Today, the …

Rio Tinto says it will win, others to lose from ... - ABC News

Fortescue's stockpiles are growing as Chinese steel mills look for higher grade iron ore, with rival Rio Tinto warning there is simply no demand for low-grade product.

BHP, Rio Tinto and FMG share prices: iron ore and the ...

Indeed, the big three remain heavily leveraged to iron ore prices: BHP derived 60% of group earnings (EBITDA) from its iron ore operations in H1 FY20; Rio Tinto saw 75% of its earnings driven by its iron ore segment in FY19; and FMG of course, as a pure-play miner, was at 100%.

China says Rio-BHP ore JV smacks of monopoly - The …

Rio Tinto scrapped a proposed $19.5-billion (U.S.) tie-up with Chinese metals group Chinalco two weeks ago and instead raised $21-billion through a $15.2-billion rights issue and the iron ore ...

BHP, Rio Tinto say Chinese iron ore demand not fading ...

Top execs at the world's two largest mining companies - BHP Billiton (BHP -3.7%) and Rio Tinto (RIO -2.3%) - say they believe China's hunger for iron ore is not ready to fade, even as the price hit n

Chinese demand for Australian iron ore weakens

Chinese demand for Australian iron ore weakens. CHINA'S demand for Australian iron ore softened last week as confirmation came that four Rio Tinto employees were held over iron ore …