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Rio Tinto

China’s slowdown is taking a rising toll on European profits

by David Johnson
China’s slowdown is taking a rising toll on European profits

By Bloomberg Published Jul 24, 2024 From luxury brands to car makers, European companies are taking a hit from China’s slowdown, and more trouble is coming for businesses heavily reliant …

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China slump turns Fortescue from world-beating mining stock to big loser

by Anas Siddiqui
China slump turns Fortescue from world-beating mining stock to big loser

Fortescue’s months-long stock rally suffered a big pullback in February as investors turned sour on the iron ore producer’s earnings growth and exposure to slumping metal prices amid China’s rocky …

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Rio Tinto sees Beijing’s stimulus driving iron ore demand as China receives Australia’s largest copper order in 4 years

by Walter Watson
Rio Tinto sees Beijing’s stimulus driving iron ore demand as China receives Australia’s largest copper order in 4 years

Rio Tinto Group, the world’s top iron ore exporter, sees increased stimulus measures in China driving the broader economy into a gradual recovery this year. China’s economy started to show …

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Can China diversify iron ore imports from Australia, Brazil as mining giant Rio Tinto affirms 2025 Africa production?

by Ron Morgan
Can China diversify iron ore imports from Australia, Brazil as mining giant Rio Tinto affirms 2025 Africa production?

Rio has interests in two blocks within Simandou, the world’s biggest untapped source of high-grade iron ore, alongside partners, Chinalco-led Chinese consortium Chalco Iron Ore Holdings, and the Guinean government. …

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CIIE 2023: Premier Li Qiang to reach out to global businesses as Beijing seeks to mend economic ties with the West

by Anas Siddiqui
CIIE 2023: Premier Li Qiang to reach out to global businesses as Beijing seeks to mend economic ties with the West

Chinese Premier Li Qiang will deliver a keynote speech at the sixth China International Import Expo (CIIE) on Sunday, the first time a top leader is attending the world’s largest …

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