Category: Rio Tinto

This Morning in Metals: Rio Tinto iron ore shipments rise 2% in Q4 2020

This morning in metals news: Rio Tinto’s iron ore shipments rose 2% year over year in Q4 2020; the Energy Information Administration forecast 2021 will see less power generation from natural gas this year; after rising during the first week of 2021, the LME three-month aluminum price has since been sliding. Rio Tinto reports rise…

The post This Morning in Metals: Rio Tinto iron ore shipments rise 2% in Q4 2020 appeared first on Steel, Aluminum, Copper, Stainless, Rare Earth, Metal Prices, Forecasting | MetalMiner.

This morning in metals news: Rio Tinto’s iron ore shipments rose 2% year over year in Q4 2020; the Energy Information Administration forecast 2021 will see less power generation from natural gas this year; after rising during the first week of 2021, the LME three-month aluminum price has since been sliding. Rio Tinto reports rise...

The post This Morning in Metals: Rio Tinto iron ore shipments rise 2% in Q4 2020 appeared first on Steel, Aluminum, Copper, Stainless, Rare Earth, Metal Prices, Forecasting | MetalMiner.

This Morning in Metals: Rio Tinto, Meridian Energy reach deal on Tiwai Point aluminum smelter

This morning in metals news: Rio Tinto and Meridian Energy have reached a deal that will allow New Zealand’s Aluminum Smelter to continue operating the Tiwai Point aluminum smelter; BHP unveiled plans to build a new wind fence; and the Energy Information Administration (EIA) forecasts U.S. oil and natural gas production will fall this year….

The post This Morning in Metals: Rio Tinto, Meridian Energy reach deal on Tiwai Point aluminum smelter appeared first on Steel, Aluminum, Copper, Stainless, Rare Earth, Metal Prices, Forecasting | MetalMiner.

This morning in metals news: Rio Tinto and Meridian Energy have reached a deal that will allow New Zealand’s Aluminum Smelter to continue operating the Tiwai Point aluminum smelter; BHP unveiled plans to build a new wind fence; and the Energy Information Administration (EIA) forecasts U.S. oil and natural gas production will fall this year....

The post This Morning in Metals: Rio Tinto, Meridian Energy reach deal on Tiwai Point aluminum smelter appeared first on Steel, Aluminum, Copper, Stainless, Rare Earth, Metal Prices, Forecasting | MetalMiner.

Copper MMI: Prices pick up after a slow December

The Copper Monthly Metals Index (MMI) increased 3.3% this month, as copper producers have faced challenges that are impacting supply. After a slow December, copper prices continued to increase the first week of January. Prices surpassed the $8,000/mt m…

The Copper Monthly Metals Index (MMI) increased 3.3% this month, as copper producers have faced challenges that are impacting supply. After a slow December, copper prices continued to increase the first week of January. Prices surpassed the $8,000/mt mark. However, copper prices remain volatile. As the pandemic continues to develop, the U.S. dollar remains around...

The post Copper MMI: Prices pick up after a slow December appeared first on Steel, Aluminum, Copper, Stainless, Rare Earth, Metal Prices, Forecasting | MetalMiner.

This Morning in Metals: Rio Tinto commits $10M toward low-carbon steelmaking research partnership with Baowu

This morning in metals news: Rio Tinto has committed $10 million toward its research partnership with China’s Baowu Steel Group; meanwhile, Freeport McMoRan completed the sale of an undeveloped project in the Democratic Republic of the Congo; and, lastly, copper remains at an over seven-year high. Cut-to-length adders. Width and gauge adders. Coatings. Feel confident…

The post This Morning in Metals: Rio Tinto commits $10M toward low-carbon steelmaking research partnership with Baowu appeared first on Steel, Aluminum, Copper, Stainless, Rare Earth, Metal Prices, Forecasting | MetalMiner.

This morning in metals news: Rio Tinto has committed $10 million toward its research partnership with China’s Baowu Steel Group; meanwhile, Freeport McMoRan completed the sale of an undeveloped project in the Democratic Republic of the Congo; and, lastly, copper remains at an over seven-year high. Cut-to-length adders. Width and gauge adders. Coatings. Feel confident...

The post This Morning in Metals: Rio Tinto commits $10M toward low-carbon steelmaking research partnership with Baowu appeared first on Steel, Aluminum, Copper, Stainless, Rare Earth, Metal Prices, Forecasting | MetalMiner.

This Morning in Metals: Cyclone warning adds fuel to iron ore surge

This morning in metals news: the iron ore price is surging amid a Pilbara Ports Authority cyclone warning; Steel Dynamics shares jumped; and Rio Tinto declared a maiden ore reserve at a project in western Serbia. Cut-to-length adders. Width and gauge a…

This morning in metals news: the iron ore price is surging amid a Pilbara Ports Authority cyclone warning; Steel Dynamics shares jumped; and Rio Tinto declared a maiden ore reserve at a project in western Serbia. Cut-to-length adders. Width and gauge adders. Coatings. Feel confident in knowing what you should be paying for metal with...

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This Morning in Metals: Aluminum price continues to surge

This morning in metals news: the LME three-month aluminum price has continued to rise in the leadup to the Thanksgiving holiday; Rio Tinto signed a new agreement to strengthen its partnership with China’s Tsinghua University; and, lastly, New York state is one of the U.S. leaders in renewable energy generation. Sign up today for Gunpowder,…

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This morning in metals news: the LME three-month aluminum price has continued to rise in the leadup to the Thanksgiving holiday; Rio Tinto signed a new agreement to strengthen its partnership with China’s Tsinghua University; and, lastly, New York state is one of the U.S. leaders in renewable energy generation. Sign up today for Gunpowder,...

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This Morning in Metals: Liberty Steel to make over 100 layoffs at Georgetown steel mill

This morning in metals news: Liberty Steel will make over 100 layoffs at its Georgetown steel mill; U.S. energy-related carbon dioxide emissions fell in 2019; and, lastly, a new airport has opened at Rio Tinto’s Gudai-Darri mine. We’re offering timely emails with exclusive analyst commentary and some best practice advice – and you choose how…

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This morning in metals news: Liberty Steel will make over 100 layoffs at its Georgetown steel mill; U.S. energy-related carbon dioxide emissions fell in 2019; and, lastly, a new airport has opened at Rio Tinto’s Gudai-Darri mine. We’re offering timely emails with exclusive analyst commentary and some best practice advice – and you choose how...

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This Morning in Metals: General Motors to invest $2B to transition Tennessee plant for EVs

This morning in metals news: General Motors will invest $2 billion to transition its Tennessee plant for the production of electric vehicles (EVs); Rio Tinto announced its Q3 2020 production results; and Norsk Hydro has made a deal to merge part of its hydropower generation with that of Lyse.  The MetalMiner 2021 Annual Outlook consolidates…

The post This Morning in Metals: General Motors to invest $2B to transition Tennessee plant for EVs appeared first on Steel, Aluminum, Copper, Stainless, Rare Earth, Metal Prices, Forecasting | MetalMiner.

This morning in metals news: General Motors will invest $2 billion to transition its Tennessee plant for the production of electric vehicles (EVs); Rio Tinto announced its Q3 2020 production results; and Norsk Hydro has made a deal to merge part of its hydropower generation with that of Lyse.  The MetalMiner 2021 Annual Outlook consolidates...

The post This Morning in Metals: General Motors to invest $2B to transition Tennessee plant for EVs appeared first on Steel, Aluminum, Copper, Stainless, Rare Earth, Metal Prices, Forecasting | MetalMiner.

This Morning in Metals: India to limit copper, aluminum imports

This morning in metals news: India is looking to curb its imports of copper and aluminum; Rio Tinto and Turquoise Hill reached a financing agreement for the Oyu Tolgoi underground mine project; and Germany’s steel industry needs state aid. Sign up today for Gunpowder, MetalMiner’s free, biweekly e-newsletter featuring news, analysis and more. India targets…

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This morning in metals news: India is looking to curb its imports of copper and aluminum; Rio Tinto and Turquoise Hill reached a financing agreement for the Oyu Tolgoi underground mine project; and Germany’s steel industry needs state aid. Sign up today for Gunpowder, MetalMiner’s free, biweekly e-newsletter featuring news, analysis and more. India targets...

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This Morning in Metals: Iron ore price surges to six-year high

This morning in metals news: iron ore prices continue to rise; the United States International Trade Commission (USITC) voted to continue investigations related to imports of seamless standard, line and pressure pipe; and Rio Tinto’s Kennecott mine is the first to receive the Copper Mark award. Stay up to date on MetalMiner with weekly, monthly,…

The post This Morning in Metals: Iron ore price surges to six-year high appeared first on Steel, Aluminum, Copper, Stainless, Rare Earth, Metal Prices, Forecasting | MetalMiner.

This morning in metals news: iron ore prices continue to rise; the United States International Trade Commission (USITC) voted to continue investigations related to imports of seamless standard, line and pressure pipe; and Rio Tinto’s Kennecott mine is the first to receive the Copper Mark award. Stay up to date on MetalMiner with weekly, monthly,...

The post This Morning in Metals: Iron ore price surges to six-year high appeared first on Steel, Aluminum, Copper, Stainless, Rare Earth, Metal Prices, Forecasting | MetalMiner.