Wednesday, April 7, 2010 as of 11:14 AM ET
Rio Tinto Group is a British-Australian multinational metals and mining corporation with headquarters in London, UK and a management office in Melbourne, Australia.
Read More at Wikipedia ›Australia's federal environment minister said Thursday that he wouldn't apologize for his caution over a proposal by Rio Tinto PLC (RIO) to expand its bauxite mining operations in Queensland state.
A word of words has erupted between the Labor Party's Tony Burke and Queensland's Liberal National Party government over Rio's US$1.5 billion project, after the state gave conditional approval to the project Wednesday despite Mr. Burke's insistence that the effect of expanded shipping on the Great Barrier Reef be assessed."We will do what the Queensland government hasn't done, and that is make a decision that also ensures the protection of the reef," Mr. Burke said. "It doesn't matter how many times the Queensland government thumps the table and tells me they would prefer me to ignore the reef in this approval process, I won't."Jeff Seeney, deputy premier of Queensland, a day earlier criticized the federal government for duplicating the review process for the South of Embley project on Cape Y...Australian stocks rose in early Tuesday action, as strength in key commodities helped miners add to strong gains in the previous session, with the S&P/ASX 200 tradin...
General Cable Corp. said Monday it'll pay $185 million in cash to buy Alcan Cable, which is the wire and cable unit owned by Rio Tinto PLC . General Cable said the d...
Waratah Coal, an Australian explorer and developer controlled by billionaire Clive Palmer, said Monday it will continue to pursue plans to develop a stand-alone jett...
Chinese buyers of iron ore appear to be holding back on purchases amid increasing global economic uncertainty, an analyst at consultancy Wood Mackenzie said Monday.C...
Australian stocks revved back to life in early Monday moves, with the benchmark S&P/ASX 200 adding 0.9% to 4,082.50 after a 2.7% drop Friday. China-sensitive shares ...
The Queensland government has withdrawn its support for a 9 billion Australian dollar (US$8.86 billion) coal port expansion in the northern part of the state, in a s...
European stock markets opened lower on Friday, with banks under pressure in the wake of downgrades to Spanish banks that came late the prior day. Moody's Investors S...
Rio Tinto PLC (RIO) has unveiled its latest iron ore mine development plans to start the construction next year of its Turee Syncline project in Western Australia, a...
Australian shares sank early Friday, tracking sharp losses on Wall Street overnight as fears of a run of Europe's banks spread to Spain and sapped investor confidenc...
Australian shares rose early Thursday, staging a partial recovery after political uncertainty in Greece helped send stocks to their worst levels this year in the pre...
Australian engineering firm Monadelphous Group Ltd. (MND.AU) said Wednesday that it has secured construction contracts worth a combined A$150 million from BHP Billit...
Australian shares declined early Wednesday, tracking falls for offshore markets after the situation in Greece deteriorated, with the country likely to hold fresh ele...
Chinese iron ore demand remains robust, Rio Tinto PLC's (RIO) iron ore chief executive said Thursday, adding that the mining giant continues to expect the world's se...
Ivanhoe Mines Ltd. (IVN) and controlling shareholder Rio Tinto PLC (RIO) have tweaked the terms of a US$1.8 billion rights offering and financing package to help fun...
Norwegian aluminum producer Norsk Hydro ASA (NHY.AU) said Wednesday it is planning to close its Kurri Kurri plant in Australia after failing to turn around the strug...
Australia's Queensland state has approved the almost US$1.5 billion expansion of Rio Tinto's (RIO) bauxite mining operations, leaving the project in the hands of the...
World shares and key commodities such as oil and copper gained for a second day on Tuesday on speculation that European leaders would agree on fresh action to tackle...
European stock markets opened higher on Tuesday, inspired by gains on Wall Street overnight, with oil and bank stocks in the lead. The Stoxx Europe 600 index rose 0....
BHP Billiton Ltd.'s (BHP) loss-making manganese alloy operations in Tasmania secured a reprieve, with smelting set to resume after the mining company found areas in ...
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