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Rio Tinto 1H Profit Falls 22% as Weaker Iron Ore Prices, Tariffs Leave Mark -- Update
Rio Tinto reported a 22% fall in first-half profit and pared its interim dividend, as weaker iron-ore prices weighed on the mining giant's earnings. The world's second-biggest miner by market value said on Wednesday that it made a net profit of $4.
For much of this century, iron ore fines with 62% metal from the Pilbara have set the global standard. But that benchmark is now under pressure.
Production: In Q2 2025, the iron ore mining volume of the project was 3.09 million mt, up 32% MoM and 29.3% YoY, mainly due to the disappearance of the hurricane impact in the previous quarter and the ...
Rio Tinto plans to be mining iron ore in Western Australia’s Pilbara well into the 22nd century, in another rebuff to Andrew ...
Mining giant and major charterer Rio Tinto expects to meet its production targets for iron ore and bauxite this year, despite ...
BHP Group on Friday reported better-than-expected iron ore output for the fourth quarter and hit the upper end of guidance for both iron ore and copper output in fiscal 2025, helped by supply-chain ...
The world's largest iron ore producer shipped 70.7 million tons of the steel-making commodity from its Pilbara operations in the three-month period ended March 31, down from 78 million tons last ...
Rio Tinto 2Q Pilbara Iron Ore Output Highest Since 2018; Flags $300M in Tariff Costs - Update Published: July 15, 2025 at 7:43 p.m. ET Share Resize ...
The Anglo-Australian company, which makes the bulk of its profits by digging up iron ore in Australia’s Pilbara, said it expects to ship between 323 million metric tons and 338 million tons of ...
Rio Tinto reported its smallest first-half underlying profit since 2020 and lowest interim dividend in seven years on ...
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