Tag «Iron Ore»

Rio Tinto iron ore: delivering unrivalled value through the cycle

Rio Tinto has demonstrated how the completion of its world-class iron ore expansion project in Western Australia will deliver significant shareholder value as the sector transitions through the ongoing volatility in global commodity markets. At an investor seminar in Sydney today, Rio Tinto outlined the next phase in its long-term strategy to capitalise on the …

Rio Tinto and Sinosteel sign Heads of Agreement for Channar JV further extension discussions

Rio Tinto and Sinosteel Corporation today announced their intention to advance discussions for a second extension to the Channar Mining iron ore joint venture in Western Australia’s Pilbara region. This followed the signing of a Heads of Agreement at Parliament House in Canberra today by Rio Tinto chief executive Sam Walsh and Sinosteel Corporation president …

Iron Ore Briefing and Western Australia Iron Ore Site Tour

BHP Billiton President Iron Ore, Jimmy Wilson, today announced plans to cut unit costs at Western Australia Iron Ore (WAIO) by at least 25 per cent and the potential to increase capacity there by 65 million tonnes per year at a very low capital cost. Mr Wilson outlined BHP Billiton’s view of the long-term supply …

BHP Billiton Ships One Billion Tonnes of Iron Ore to Japan

BHP Billiton today celebrated the shipment of its one billionth tonne of iron ore to Japan with customers, joint venture participants and employees in Port Hedland, Western Australia. BHP Billiton President Iron Ore Jimmy Wilson and BHP Billiton President HSE, Marketing and Technology Mike Henry were joined by joint venture participants ITOCHU Corporation (ITOCHU) and …