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Daily iron ore price update (rout returns)

MacroBusiness Access Subscriber Only Content at 9:00 am on August 5, 2021 | 1 comment The ferrous complex was weak on August 4, 2021 as spot fell, paper slumped overnight and steel rebounded strongly: This is all pretty good confirmation that the market agrees that it got it wrong that China is about to abandon its steel output cuts story. It’s not. CCP mouthpiece, The Global Times, clarified it in case you’re still wondering: There are 1114 words left in this subscriber-only article. …due to environmental and other policy goals, China has moved swiftly to curb steel production. In the latest move, the State Council, China’s Cabinet, has announced tariff hikes on certain steel products to cut exports, which came into effect on Sunday.

Rio tintoEast intercourse islandWestern australiaUnited kingdomTroy hillState councilGlobal timesWestern australianரியோ டின்டோகிழக்கு உடலுறவு தீவுமேற்கு ஆஸ்திரேலியாஒன்றுபட்டது கிஂக்டம்ராய் மலைநிலை சபைஉலகளாவிய முறைமேற்கு ஆஸ்திரேலிய

Rio Tinto iron ore takes $300m inflation hit

Iron ore supply slump as Rio runs late on new mines Share Rio Tinto has warned that a swathe of new iron ore mines will be delivered “slightly later than planned” on the back of labour shortages and a more consultative approach to Aboriginal heritage, suggesting new iron ore supply will take longer to cool the scorching-hot iron ore market. The revelation that schedules were slipping on billions of dollars of new Rio mines in Western Australia came as Rio reported its weakest first half iron ore export performance since 2015. Rio Tinto is Australia’s biggest iron ore exporter by volume but is on track for a rare decline in annual exports.

East intercourse islandWestern australiaBurchell hayesPuutu kunti kurramaTrobe valleyWest angelasTropical cyclone serojaIntercourse islandJuukan gorgeTraditional ownersகிழக்கு உடலுறவு தீவுமேற்கு ஆஸ்திரேலியாபுர்செல் வைக்கோல்அங்கி பள்ளத்தாக்குமேற்கு ஏஞ்சலாஸ்உடலுறவு தீவு

RIO to ramp iron ore output - MacroBusiness

MacroBusiness Access Subscriber Only Content RIO’s Q2 productio report: Pilbara operations produced 152.3 million tonnes (Rio Tinto share 126.9 million tonnes) in the first half of 2021, 5% lower than the first half of 2020 due to above average rainfall, shutdowns to enable replacement mines to be tied in, processing plant availability and cultural heritage management. Ongoing COVID 19 restrictions and a tight labour market have further impacted our ability to access experienced contractors and particular skill sets. Sustained wet weather had an estimated impact of around 3 million tonnes in the first half. Consistent and above average rainfall impacted mine operations, particularly at West Pilbara and Robe Valley operations. The recorded rainfall days were 30% and 70% above the five year average at Paraburdoo and Karratha respectively, while rainfall at Pannawonica was 60% above the five year average.

East intercourse islandWestern australiaRio tintoWestern turner synclineTrobe valleyTraditional ownersகிழக்கு உடலுறவு தீவுமேற்கு ஆஸ்திரேலியாரியோ டின்டோஅங்கி பள்ளத்தாக்குபாரம்பரிய ஓநர்ஸ்

Investegate |Rio Tinto Announcements | Rio Tinto: Rio Tinto second quarter production results

Investegate |Rio Tinto Announcements | Rio Tinto: Rio Tinto second quarter production results
investegate.co.uk - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from investegate.co.uk Daily Mail and Mail on Sunday newspapers.

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Rio Tinto PLC (LSE:RIO) | RNS | Rio Tinto - Rio Tinto second quarter production results

Rio Tinto PLC (LSE:RIO) | RNS | Rio Tinto - Rio Tinto second quarter production results
proactiveinvestors.co.uk - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from proactiveinvestors.co.uk Daily Mail and Mail on Sunday newspapers.