by Gordon Barratt | Feb 21, 2025 | News
The US President Donald Trump’s administration has sent Ukraine an updated version of the mining agreement, which takes into account some of Kyiv’s comments. According to Axios, citing five sources from Ukraine and the US, the document has become more...
by Gordon Barratt | Feb 21, 2025 | News
As a summit of Southeast Asian leaders in Jakarta fast approached in September 2023, Indonesia’s state-run electricity provider, PLN, partially shut down one of its oldest and biggest coal-fired power plants in the hopes of cleaning up the capital’s filthy air....
by Gordon Barratt | Feb 21, 2025 | News
A record 97.1 million tonnes (Mt) of iron ore being shipped during the first half of the 2024–25 financial year (H1 FY25) has led to Fortescue bringing in $2.5 billion in net profit after tax. Fortescue’s $US7.6 billion ($11.9 billion) in revenue in H1 FY25...
by Gordon Barratt | Feb 21, 2025 | News
Rio Tinto has delivered strong financial results for the year ending December 31, 2024, highlighting its resilience and strategic growth despite challenges in the market. The company reported underlying earnings before interest, taxes, depreciation and amortisation...
by Gordon Barratt | Feb 20, 2025 | News
Brazilian miner Vale reported on Wednesday a $694-million loss in the fourth quarter, missing estimates and swinging from a hefty profit a year earlier, as it logged impairments on some of its base metals assets in Canada. Vale, one of the world’s largest...
by Gordon Barratt | Feb 20, 2025 | News
Rio Tinto CEO Jakob Stausholm has expressed caution regarding the potential impact of US President Donald Trump’s proposed 25% import tax on all steel and aluminium, stating that the ultimate effect on the company remains uncertain. Speaking from Washington DC,...
