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Big miners BHP, Rio Tinto hold off iron ore price squeeze

Big miners BHP, Rio Tinto hold off iron ore price squeeze . By Rhiannon Hoyle; The Wall Street Journal; 12:00AM February 28, 2015; Comments; Share this article. Facebook; Twitter; Whatsapp; Email ...

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Iron Ore Boom Generates 700% Gross Profit Margins For Big ...

2020-07-14  For three of Australia’s biggest mining companies, BHP, Rio Tinto and Fortescue Metals, the prolonged boom in iron ore has delivered windfall profits. Just how much money has been flowing into ...

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Minews - BHP, Rio Tinto hold off iron ore’s squeeze

What some of the mining companies don’t share with the oil majors, though, are big write-offs on their assets. While several oil companies took billions of dollars of impairment charges in their 2014 earnings, mining companies such as BHP Billiton and Rio Tinto have escaped writing down the value of iron-ore pits in Australia.

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Surging iron ore price boosts BHP, Rio in 'championship ...

A tropical cyclone hit north west Western Australia earlier this year, disrupting iron ore production, BHP experienced $US835 million of unplanned production outages in the first half of fiscal 2019, and Rio Tinto revealed more details of the extent of its challenges in developing its flagship underground copper/gold mine project in Mongolia.

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BHP, Rio Tinto Hold Off Iron Ore’s Squeeze - WSJ

BHP, Rio Tinto Hold Off Iron Ore’s Squeeze Both mining firms avoid write-downs tied to commodity’s slump; contrast with Big Oil BHP Billiton

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BHP, Rio Tinto and FMG share prices: the 2020 iron ore ...

2020-03-19  BHP, Rio Tinto and FMG share prices in focus Interestingly though, iron ore prices remain elevated amongst this chaos and panic, with the 62% Fe Fines spot price still hovering around the US$90 per tonne mark.

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New Vale Mine Closure Stirs Iron Ore Price – ShareCafe

The news has seen shares in BHP, Rio Tinto and Fortescue rise this week, especially yesterday, after last week’s sell-off. This news comes after official trade figures showed the country’s iron ore exports in January and February were more than 13 million tonnes less than the first two months of 2019.

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BHP, Rio hold off iron ore squeeze - The Australian

BHP, Rio hold off iron ore squeeze The big Australian maintains sound foundations 6:08 Don't be fooled by a fall in profit, BHP has done a remarkable job of

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Iron ore prices: Are the Rio Tinto, Fortescue and BHP ...

2020-06-22  Fortescue, being a pure iron ore play means its share price is more responsive to rising iron ore prices. Its shares hit a record all-time high last week of $15.25 while paying a dividend yield of ...

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‘China is motoring ahead’: Australian mining giants ride ...

Driving iron ore prices on the demand side was China’s huge post-COVID-19 economic stimulus spending, which ramped up production in its vast steel sector to an all-time high of 1.05 billion ...

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BHP, Rio Tinto and FMG share prices all drop as iron ore ...

But since then the stock has mostly de-coupled from the iron ore price – a truly fascinating development seeing as FMG is a pure play iron ore miner, opposed to the likes of Rio Tinto and BHP. Specifically, since August – where iron ore bottomed out at around US$75 per tonne – and when FMG’s share price also declined – the general thought would be that FMG would also

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ASX to rise, iron ore price rally bolsters BHP and Rio

2020-12-03  BHP Group led the gains, rising 2 per cent to $39.31, Rio Tinto added 2 per cent to $104.99 and ANZ advanced 0.7 per cent to $23.03. Street Talk Engineering firm DRA Global draws up plans for ...

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BHP and Rio are riding Chile's subway to chaos

2019-10-22  A recent poll of major BHP and Rio Tinto shareholders by investment bank UBS showed revealed that the owners' No. 1 concern by an overwhelming margin was the direction of

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Will the Fortescue, Rio and BHP share prices follow iron ...

2019-08-12  ASX iron ore miners and the iron ore spot price have been hammered in the past month. During this period the BHP Group Ltd (ASX: BHP) share price is down more than 10% to $36.80, Rio Tinto Ltd (ASX: RIO) is down more than 17% to $85.70 and Fortescue Metals Group (ASX: FMG) is down more than 18% to $7.05.

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Analysts dismiss Rio Tinto takeover rumour

2009-03-17  SHARES in Rio Tinto surged yesterday on rumours that rival miners BHP Billiton and CVRD planned to buy and break it up, but analysts said the trio's dominance in the iron ore sector made such a ...

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New Vale Mine Closure Stirs Iron Ore Price – ShareCafe

The news has seen shares in BHP, Rio Tinto and Fortescue rise this week, especially yesterday, after last week’s sell-off. This news comes after official trade figures showed the country’s iron ore exports in January and February were more than 13 million tonnes less than the first two months of 2019.

More

Iron ore prices: Are the Rio Tinto, Fortescue and BHP ...

2020-06-22  Fortescue, being a pure iron ore play means its share price is more responsive to rising iron ore prices. Its shares hit a record all-time high last week of $15.25 while paying a dividend yield of ...

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Rio Tinto announces biggest dividend in its 148-year ...

Rio Tinto, the world’s biggest producer of iron ore, has rewarded investors with the biggest dividend in its history after what its new chief executive described as a “year of extremes”.

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Rio Tinto planning Australia’s largest iron ore mine ...

2014-07-23  Rio first revealed plans for the $3.4 billion expansion two years ago, with $2.2 billion going towards extending the life of Nammuldi iron ore mine

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Australian iron ore mining companies dominate shipments

BHP, Rio Tinto, Fortescue Vale – the big players dominate global iron ore trade markets . Despite a global supply glut which has depressed global prices, we see the big Australian iron ore mining companies continue to squeeze junior producers out of the market – thereby increasing their share of global trade. Mining operation costs for Rio, BHP, Fortescue and

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BHP, Rio Tinto and FMG share prices all drop as iron ore prices

The big three Australian miners have all seen their share prices decline today, as iron ore flirts with the US$80 per tonne level. Indices Shares Iron Iron ore Ore BHP. Shane Walton Financial Writer, Australia Publication date: 2019-11-11T07:24:22+0000. Certain things in the markets are unavoidable. Warren Buffet once said that the first rule of investing was to never lose money. The ...

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Rio Tinto to pay a record £6.5bn amid global mining boom This

2021-02-17  Mining boom: Rio Tinto will pay out £6.5bn, equal to 400p per share, after a surge in the price of steelmaking ingredient iron ore boosted profits by more than a third . Rio

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Miners face $30bn revenue hit from falling iron ore price

2014-08-28  The price weakness weighed on the miners with Rio Tinto leading the fallers down 3.8pc to £32.11, Anglo American down 3.2pc to £15.17 and BHP Billiton down 2.5pc to

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BHP and Rio are riding Chile's subway to chaos - Australian

2019-10-22  A recent poll of major BHP and Rio Tinto shareholders by investment bank UBS showed revealed that the owners' No. 1 concern by an overwhelming margin was the direction of iron ore prices

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Analysts dismiss Rio Tinto takeover rumour

2009-03-17  SHARES in Rio Tinto surged yesterday on rumours that rival miners BHP Billiton and CVRD planned to buy and break it up, but analysts said the trio's dominance in the iron ore

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Iron Ore Price Makes Comeback The Companies Investors

2019-06-05  Iron ore supply coming from Australia has also dropped after Cyclone Veronica hit the coast on Western Australia in March, causing major miners BHP Billiton and Rio Tinto to cut their production outlooks.. At the same time, BHP is facing a $5 billion lawsuit from a dam collapse in 2015 at its Samarco mine in Brazil, which killed 19 people and polluted more than 600 kilometers of Brazil’s ...

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Will the Fortescue, Rio and BHP share prices follow iron ore

2019-08-12  ASX iron ore miners and the iron ore spot price have been hammered in the past month. During this period the BHP Group Ltd share price is down more than 10% to $36.80, Rio Tinto

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Rio Tinto announces biggest dividend in its 148-year history

Rio Tinto, the world’s biggest producer of iron ore, has rewarded investors with the biggest dividend in its history after what its new chief executive described as a “year of extremes”.

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Australian iron ore mining companies dominate shipments

BHP, Rio Tinto, Fortescue Vale – the big players dominate global iron ore trade markets . Despite a global supply glut which has depressed global prices, we see the big Australian iron ore mining companies continue to squeeze junior producers out of the market – thereby increasing their share of global trade. Mining operation costs for Rio, BHP, Fortescue and Vale remain low enough to ...

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Lessons From The Resurrection Of The Iron Ore Miners - The Bull

2019-03-08  While BHP remains broadly diversified with exposure to the falling price of oil, Rio Tinto chose to concentrate on core assets, and it appears the strategy paid off. Pure play iron ore producer ...

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BHP, Rio Tinto and FMG share prices: iron ore and the ...

Though Australia’s big three miners – BHP, FMG and Rio Tinto all recently reported a strong set of half-yearly (and in the case of RIO yearly) results, their share prices have still come under significant pressure in recent weeks. Indeed, the big three remain heavily leveraged to iron ore prices: BHP derived 60% of group earnings (EBITDA) from its iron ore operations in H1 FY20; Rio Tinto ...

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Rio Tinto, FMG and BHP shares prices: what’s the iron ore ...

BHP and FMG share prices: recent results in focus. It’s been a busy few weeks for Australia’s mainstay iron ore miners. This week, BHP Group (ASX: BHP), the largest of the three, reported a set of interim results that failed to generate much excitement. Here, the miner showed good top and bottom-line growth, as well as revealed an impressive interim dividend of US65 cents per

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Iron ore prices rise after miners cut output forecasts ...

Iron ore prices rise after miners cut output forecasts BHP and Rio Tinto both hit by storm that struck off the coast of Western Australia Share on Twitter (opens new window)

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Rio Tinto to pay a record £6.5bn amid global mining boom ...

2021-02-17  Mining boom: Rio Tinto will pay out £6.5bn, equal to 400p per share, after a surge in the price of steelmaking ingredient iron ore boosted profits by more than a third . Rio

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Iron Ore Price Makes Comeback The Companies Investors ...

2019-06-05  Iron ore supply coming from Australia has also dropped after Cyclone Veronica hit the coast on Western Australia in March, causing major miners BHP Billiton and Rio Tinto to cut their production outlooks.. At the same time, BHP is facing a $5 billion lawsuit from a dam collapse in 2015 at its Samarco mine in Brazil, which killed 19 people and polluted more than

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Rio Tinto declares bumper dividend on sky-high iron ore ...

MELBOURNE (Reuters) - Rio Tinto on Wednesday reported its best annual earnings since 2011 and declared a record final dividend, after iron ore prices

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Rio Tinto announces biggest dividend in its 148-year ...

Rio Tinto, the world’s biggest producer of iron ore, has rewarded investors with the biggest dividend in its history after what its new chief executive described as a “year of extremes”.

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How the iron ore price busted above $US100 a tonne

2019-05-20  Since the tragedy, BHP shares are up 17 per cent, Rio Tinto's are almost 30 per cent higher and Fortescue's have almost doubled. All

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Iron Ore Boosts BHP, Australian Miners as Oil Crashes ...

2020-04-21  Vale is benefiting from higher prices that may cushion output losses; by contrast, the big Australians are digging and selling more, too. BHP

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‘China is motoring ahead’: Australian mining giants ride ...

Driving iron ore prices on the demand side was China’s huge post-COVID-19 economic stimulus spending, which ramped up production in its vast steel sector to an all-time high of 1.05 billion ...

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