Billionaire prospector Mark Creasy walks away from deal with Chinese group
A company controlled by billionaire prospector Mark Creasy has walked away from a deal to sell an iron ore project to Chinese ...
Rio Still Driven by Iron Ore Despite Higher Near-Term Aluminum and Copper Prices
Rio Tinto is one of the world’s largest miners with operations in iron ore, aluminum (including bauxite and alumina), copper, and minerals (mineral sands, borates, salt and diamonds). Commodity demand ...
Rio Tinto 2024 Profit Rises, But Weaker China Iron-Ore Demand Hurts Underlying Earnings — Update
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 ...
Rich-listers’ $8.4bn payday with Rhodes Ridge iron ore deal
Reclusive billionaire Angela Bennett and the Wright family have landed an $8.4bn payday after selling sought-after stakes to ...