Strong H1 production for Rio Tinto

BHP has deployed its first electric excavator, the R 9400 E Liebherr, at its Yandi iron ore mine, featuring an electric motor and autonomous cable reeler.

Southern Ports set nine records this year, with standout imports being caustic soda and fertiliser, and spodumene exports hitting a fourth consecutive record.

Rio Tinto reported a 14% increase in net profit to US$ 5.8 billion for the first half of 2024.

Rio Tinto marks a milestone with the shipment of 4 billion tonnes of Pilbara iron ore from Dampier Port to China Baowu Steel Group.

Rio Tinto’s investment in Guinea’s Simandou iron ore project is approved, enabling co-development of the infrastructure projects.

The ACCC has raised preliminary competition concerns over Aurizon’s proposed acquisition of Flinders Logistics, which operates at Port Adelaide and Port Pirie.