Tagged: Rio Tinto

Thumbnail for 42197

Tag Pacific joins Rio Tinto solar project

By John Conroy Tag will join First Solar in building the first stage of the ARENA-supported project 1. 7 megawatt solar PV project, which will serve the remote Weipa bauxite mining operation and associated town. "By...

Thumbnail for 41787

Iron ore sees fresh two-year low

By Daniel Palmer As a result benchmark iron ore for immediate delivery to the port of Tianjin in China is currently trading at $US87. 10 a tonne, down almost one per cent from its...

Sliding prices take a toll on mining profits

By AAP CommSec chief economist Craig James said while it was the first fall in gross profits in six quarters, operating profits rose nearly eight per cent to a record $270. 8 billion for...

Shares mark time ahead of RBA, data

Beijing has launched a series of measures since April to bolster growth, including tax breaks for small enterprises, targeted infrastructure outlays and incentives to encourage lending in rural areas and to small companies. BHP...

Thumbnail for 41488

Notice to remove illegal dongas issued in mining town

“When there was no accommodation available there was a real dilemma as to how to address it, now there appears to be a solution, in that land is there and we just need to...

Australian share market finishes week flat

By Simon Frazer After hitting a nearly two-year low yesterday, the benchmark iron ore price dropped again to hamstring the mining sector. Rio Tinto closed 0. 7 per cent lower while BHP Billiton fell...

Iron ore rout continues apace

By Daniel Palmer Falls overnight were again based on oversupply worries, with recent production expansion from the likes of iron ore heavyweights Rio Tinto, BHP Billiton, Fortescue Metals Group and Vale coming as weakness...