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Rio Tinto annual earnings flat as iron ore weakens

Rio Tinto has today reported flat annual earnings that missed expectations as weaker iron ore prices weighed on its core business, while stronger copper prices and higher output helped limit the impact.

Business • 8 hrs

BHP profit beats forecasts as copper tops iron ore

BHP Group has reported a stronger-than-expected half-year underlying profit driven by copper, which for the first time surpassed iron ore in the top global miner's earnings, as prices for the red metal surged on AI-fuelled demand.

Business • 17 Feb

Rio Tinto logs smallest first-half profit in five years

Rio Tinto logged its smallest first-half underlying profit in five years and announced its lowest interim dividend in seven years today due to falling iron ore prices, as it flagged rising costs at its Pilbara sites.

Business • 30 Jul 25

BHP sees robust China demand, declares dividend bonanza

BHP Group has posted its best first half profit in seven years and declared a record interim dividend, as top metals user China's strong appetite for iron ore to support its infrastructure push kept prices elevated.

Business • 16 Feb 21

Rio Tinto has said it does not expect tensions over a global trade war to materially affect steel demand

Rio Tinto posts jump in iron ore output

Global miner Rio Tinto said its second-quarter iron ore shipments from Australia rose 14% and it indicated its annual production would be at the upper end of its guidance.

Business • 17 Jul 18

Rio Tinto had rejected merger deal with Glencore

Rio Tinto rejects Glencore merger approach

Rio Tinto rejected a merger approach from smaller rival Glencore to create a $160 billion mining and trading giant in August.

Business • 07 Oct 14

Australia's mining boom will peak at lower level than expected, the Reserve Bank of Australia warns

Australia trims growth forecast for next year

Australia's central bank cut its 2013 growth forecast today.

Business • 09 Nov 12

Iron Ore