Bhp Rio Tinto Say Chinese Demand For Iron Ore
Iron ore
· Rio Tinto Iron Ore. Today, we produce five iron ore products in Western Australia – including the Pilbara Blend, the world's most recognised brand of iron ore – used in steelworks as sinter plant feed or direct blast furnace feed.
Why Rio Tinto and China are at loggerheads | The Economist
· · Though it imports 70% of the world's iron ore, most of this comes from three companies that in the intervening six decades have become titans. They are Rio Tinto and BHP, two AngloAustralian ...
Rio Tinto lifts iron ore shipments driven by strong China ...
Mining giant Rio Tinto lifted its shipments of iron ore during the June quarter, driven by strong demand from China's steel mills, but warns a second wave of COVID19 infections presents a key risk for advanced economies. The nation's second largest miner on Friday revealed it had shipped million.
BHP, Rio iron ore output guidance cuts could boost prices ...
· BHP, Rio iron ore output guidance cuts ... on the back of improved demand from China, ... A train loader fills train carriages with lump iron ore at Rio Tinto Group's West Angelas iron ore mine in ...
Chinese Junk Could Sink The Profits Of Big Iron Ore Miners
· BHP, Rio Tinto, Anglo American, Vale and Fortescue Metals rely heavily on Chinese demand for steel made mainly from iron ore shipped from mines in .
Is the Evergrande China crisis a buy or a sell signal for ...
· The potential collapse of China's second biggest property developer, Evergrande, has added downward force to the stock prices of iron ore majors BHP, Rio Tinto and Fortescue Metals. But is it a temporary factor that should not be too big an influence on your analysis of affected stocks? I suspect the answer is yes and here's why.
Rio Tinto, Fortescue say China recovery driving record ...
· Australian miners Rio Tinto and Fortescue Metals Group have seen a surge in iron ore shipments to China, as infrastructure and property construction drive demand for steel.
Rio Tinto Says China Is Showing Growing Appetite for Iron Ore
· China is also launching stimulus programs so by the end of the year we could see some upside in terms of steel demand and therefore iron ore demand," he said. Rio has better insights into China than most ASX listed companies, given its biggest shareholder is a Chinese stateowned entity and it sourced % of its total revenue from China in 2019.
Rio Tinto boosts iron ore production on Chinese demand ...
· Miner Rio Tinto is pressing ahead with plans to boost iron ore production by at least 10 per cent as it counts on rising sales to steel mills in China, even as its economy slows.
China slowdown fears raised by BHP Billiton | Business ...
· Analysts say even singledigit growth in Chinese ore demand should be enough to soak up the planned output expansion. Iron ore sold for 130147 a tonne over the last four months.
BHP, Rio Tinto Say Chinese Demand for Iron Ore Not Fading ...
· · BHP executive says outlook for China's resource demand remains compelling. SYDNEY—The world's two largest mining companies say they are convinced China's hunger for iron ore isn't about to fade, even as the price plumbed new lows after Beijing's official acceptance it is set for slower economic growth.
Ironing out demand
· Australian iron ore exports have smashed records in 2021. According to UBS, Rio Tinto will need to lift its iron ore shipments by around 25 million tonnes to reach the middle of its 2021 guidance. Ausbil anticipates that increased demand and limited supply will continue but will ease in .
No end in sight for China's dependence on Australian iron ...
· The Chinese government was thwarted by the Rudd government in its attempt to have Chinalco take over Rio Tinto, which it thought would give it the ability to keep a lid on iron ore prices. At some stage, China's economy will move beyond its heavy reliance on construction as the source of its growth and become more focused on services.
Overnight press: BHP, Rio Tinto
· · BHP and Rio Tinto, the world's two largest mining companies, " say they are convinced China's hunger for iron ore isn't about to fade, even as the price plumbed new lows after Beijing's official ...
Rio Tinto and BHP Jobs
China is on the move again!!! Economic reforms pledged this month will underpin a greater demand for Australia`s raw materials (iron ore and coal) in the longterm, according to statements from the Chairman of both BHP and Rio Tinto, signalling more mining jobs for Australia.
How China's energy crisis could be good for BHP (ASX:BHP ...
· The iron ore price found its feet recently and BHP Group Ltd (ASX: BHP) and Rio Tinto Limited (ASX: RIO) shareholders may have China's energy crisis to .
