Rio Tinto to refocus after US$3B net loss

Rio Tinto’s Kennecott mine in Utah now runs entirely on renewable diesel, giving it one of the lowest carbon footprints among US copper producers.

Rio Tinto confirmed the death of a contracting company employee at the SimFer port site in Guinea, offering condolences and support to those affected.

Southern Ports and Gold Valley marked a milestone as MV Sifnos departed the Port of Esperance with 78,000t of iron ore.

Arc Infrastructure has launched Gold Valley Iron Ore train services, with the inaugural train transporting ore from West Kalgoorlie to Esperance.

Between January and August 2024, Chinese seaborne dry bulk imports rose 6% y/y, driven by inventory build-up, despite domestic concerns.

The deal is linked to Gold Valley’s Wiluna West Iron Ore Project and will commence on 30 September, starting with three return train paths a week.