Mining

Simandou achieved its first high-grade iron ore sales in April 2026, according to the company's half-year results release. In the third quarter, the project produced 2.5 million tonnes on a 100 per cent basis, of which Rio Tinto's share was 1.1 million tonnes. Shipments …

According to Rio Tinto's statement dated 30 October 2026, seismic activity occurred along a rock fault zone at about 6pm local time on 29 October, causing ground vibration in the underground mine. There were no fatalities, and the initial statement said three employees had …

China remains the most important market for Rio Tinto's iron ore. In its review released on 14 October 2026, the company estimated that China's finished steel consumption declined about 4 per cent quarter on quarter and about 2 per cent year on year in …

One of the central themes under Chief Executive Simon Trott is releasing capital from the portfolio. Rio Tinto is targeting US$5 billion to US$10 billion of cash release through portfolio management, infrastructure and other mechanisms, with around US$5 billion of initiatives being progressed for …

According to the September 2026 Quarterly Production Report lodged with the ASX on 22 October 2026, total shipments of 46.8Mt were 11 per cent lower than the June quarter and 6 per cent below the September quarter of FY26. The total comprised 44.3Mt of …

Fortescue first quantified the effect in a September 2026 Quarterly Performance Update lodged with the ASX on 8 October 2026. The company reported shipments of 46.8Mt for the quarter but sales of 42.9Mt, which it linked to "ongoing negotiations with China Mineral Resources Group …

According to the AGM presentation lodged with the ASX, the agreement with PLS Group covers a minimum supply of 325 gigawatt hours (GWh) of electricity a year, which Fortescue said is equivalent to powering about 45,000 Australian homes annually.