Rio Tinto is a resilient and very solid iron ore company that offers exposure to some of the most vital commodities on the ...

Diversified mining major Rio Tinto reported a 22% decline in first-half profit to $4.5-billion as lower iron-ore prices and ...

Mining giant BHP has reported a jump in profit for the half-year ended 31 December 2024, despite a drop in revenue due to lower iron ore prices. Attributable profit surged to $4.4bn (£3.5bn), up ...

BHP (NYSE:BHP) considered spinning off its Australian iron ore and coal divisions in 2023-24 as part of a medium-term growth strategy, Reuters reported Wednesday. BHP (NYSE:BHP) would keep its ...

Fortescue’s balance sheet is strong, thanks to the elevated iron ore price and accelerated debt repayments. Net debt peaked near USD 10 billion in mid-2013, roughly coinciding with the start of ...

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 ...

The loss-making WA miner rounded off a period of tumult by keeping a lid on its $5 billion-plus debt and boosting iron ore ...

Mining giant and major charterer Rio Tinto expects to meet its production targets for iron ore and bauxite this year, despite ...

Such a move would radically reshape BHP, divorcing it from more than half a century of iron ore mining in Australia, where it was incorporated in 1885. Iron ore accounts for approximately 60% of ...

The world's top two iron-ore producers, Rio Tinto and Brazil's Vale, both report results on February 19, with Rio Tinto expected to post a 6.4% decline in annual profit.

Rio Tinto plans to raise output by 16% at its newest iron ore mine in Western Australia as it sets out step by step changes that will bring it back to record production levels as soon as 2025.

BHP considered spinning off its Australian iron ore and coal divisions in 2023-24 as part of a medium-term growth strategy, Reuters reported.