China demand for iron ore makes Rio Tinto more optimistic about future
At last, mining giants such as Rio Tinto Plc and BHP Billiton Ltd are more than satisfied as they enjoy strong China’s demand for iron ore. The industry leaders note that iron or
BHP firmly rejects China’s allegations of iron ore manipulation
On the 7th of March, BHP Billiton Ltd. firmly rejected China’s allegations of iron ore manipulation aimed at driving prices up, underlining that it would improve its transparency
Turning into Gold. Rio Tinto
Thanks to rising commodity prices, Rio Tinto Group, the world’s third- largest mining company, has reported record profits of £14bn. Primarily powered by surging demand from Asi