Australia's Mineral Resources sees worst day in 16 years on production woes, higher costs
Shares of Mineral Resources (MinRes) plunged to their worst day in 16 years on Wednesday after the Australian miner cut its fiscal 2025 production volumes and raised costs for its Onslow iron project ...
Nikkei Asia58m
Japan's Mitsui & Co. to buy $5bn stake in Australian iron ore project
TOKYO -- Japanese trading house Mitsui & Co. announced the acquisition of a 40% interest in the Rhodes Ridge iron ore project in Australia on Wednesday. The company will buy 25% and 15% stakes from ...
Mitsui Joins Rio in Australia Iron Ore Mine for $5.3 Billion
Japanese trading house Mitsui & Co. will buy a stake in an Australian iron ore project for $5.3 billion, in a bet that the ...
Bennett family to sell iron ore interests to Japan’s Mitsui & Co
The heirs to the fortune of Lang Hancock’s business partner Peter Wright will add billions to their sizable fortune.
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Mitsui buys into Rio’s Rhodes Ridge
Japanese trading house Mitsui & Co will take a US$5.3 billion stake in Rio Tinto’s 6.8 billion tonne Rhodes Ridge iron ore ...
Bluescope in box seat for Whyalla, InfraBuild rescue plan
Bluescope has been in prolonged detailed talks with the South Australia government, as it is set to wind up as the reluctant ...
Aboriginal Group Seeks $1.1 Billion From Western Australia in Iron Ore Claim
The Yindjibarndi Ngurra Aboriginal Corporation (YNAC) says activity at the Solomon mining hub has damaged its land and people ...
Mitsui & Co. to Buy 40% Interest in Australia's Iron Ore Project for $5.34 Billion
Mitsui & Co. said it would acquire a 40% interest in Rhodes Ridge iron ore project in Australia for $5.34 billion. The Japanese trading house said Wednesday that the Rhodes Ridge project will be ...
Mitsui to Buy $5.3 Billion Interest in Australia's Rhodes Ridge Iron Ore Project
Japanese trading house Mitsui said on Wednesday it would acquire a 40% interest in the Rhodes Ridge iron ore project in ...
Aboriginal group seeks $1.1 bln from Western Australia in iron ore claim
An Aboriginal group is seeking A$1.8 billion ($1.1 billion) from Western Australia in compensation after the state government ...
Rio Tinto Annual Earnings, Dividend Expected to Fall -- Earnings Preview
PROFIT FORECAST: The company is expected to report $11.00 billion in underlying earnings for last year, according to data compiled by Visible Alpha. Rio Tinto's 2023 underlying earnings, a closely ...