Industry News

Rio Tinto output drops but metal price buoyant

Views : 254
Update time : 2021-07-16 17:57:49
Rio Tinto PLC said it expects inron ore and copper shipments to remain at the low end of guidance after declines in output of both metals in its latest quarter.
Cost are also rising siad the miner with iron producetion costs this year up by 4% due to rises in diesel and labour, cost related to mine heritage managerment and Covid-19.
Related News
Read More >>
What Tariffs, Steel Prices Mean for E&S Construction Insurance in California What Tariffs, Steel Prices Mean for E&S Construction Insurance in California
Apr .25.2025
What Tariffs, Steel Prices Mean for E&S Construction Insurance in California
Nickel Price Update: Q1 2025 in Review Nickel Price Update: Q1 2025 in Review
Apr .25.2025
Nickel Price Update: Q1 2025 in Review
Higher steel prices benefiting Region steel mills Higher steel prices benefiting Region steel mills
Apr .25.2025
Higher steel prices benefiting Region steel mills
Vale's net profit drops 17% on lower iron ore prices Vale's net profit drops 17% on lower iron ore prices
Apr .25.2025
Vale's net profit drops 17% on lower iron ore prices