A company controlled by billionaire prospector Mark Creasy has walked away from a deal to sell an iron ore project to Chinese ...

Rio Tinto’s balance sheet is sound with minimal net debt of around USD 5.5 billion at the end of December 2024 or about 0.2 times trailing 12-month EBITDA. We forecast net debt/EBITDA and net debt to ...

Underlying earnings--a closely watched measure that strips out some one-time charges--totaled $10.87 billion, down 7.6% year over year. Analysts expected underlying earnings of $11 billion, according ...

Reclusive billionaire Angela Bennett and the Wright family have landed an $8.4bn payday after selling sought-after stakes to ...

Digitalisation is increasingly becoming a pillar of Australia's mining industry across upstream and downstream operations.

Australia’s largest iron ore port, Port Hedland, has reopened, and Rio Tinto’s mining operations have resumed after Tropical Cyclone Zelia passed through Western Australia’s Pilbara region without ...

Rio Tinto will be playing catch-up with its struggling iron ore operations for the rest of this year but has come through the ...

Gabbie covers the Australian market for the Investing News Network, focusing on the mining sector. When not in front of her desk, she is out scanning through vinyl records, exploring the ...

Rio Tinto is studying the installation of batteries at its Queensland aluminium smelter in the belief that rapid reductions in the cost of energy storage could pave a way for intermittent ...