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RioTinto


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Rio Tinto, BYD and LG Energy eligible for Chile's Altoandinos lithium project

UPDATE 1-Rio Tinto, BYD and LG Energy eligible for Chile's Altoandinos lithium project Adds details on companies, project timeline SANTIAGO, Aug 29 (Reuters) - Mining giant Rio Tinto RIO.L and Chinese EV-maker BYD 002594.SZ are among the six companies eligible to proceed with proposals to develop a lithium project in Chile's Altoandinos salt flats, state-run mining company ENAMI said on Thursday.
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Rio Tinto, BYD and LG Energy eligible for Chile's Altoandinos lithium project

Rio Tinto, BYD and LG Energy eligible for Chile's Altoandinos lithium project SANTIAGO, Aug 29 (Reuters) - Rio Tinto RIO.L , BYD 002594.SZ , LG Energy 373220.KS and Eramet ERMT.PA are among the companies that are eligible to proceed with proposals to develop a lithium project in Chile's Altoandinos salt flats, the state-run mining company ENAMI said on Thursday.
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Australian shares end lower as investors weigh mixed earnings, await data

Australian shares end lower as investors weigh mixed earnings, await data Financials hit record high Miners shed 0.8% Mineral Resources among the top losers on ASX 200 Updates to close By Sherin Sunny Aug 29 (Reuters) - Australian shares ended lower on Thursday as investors assessed a slew of mixed corporate earnings and remained cautious ahead of key economic data.
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Australian mining stocks retreat as iron ore prices slip

BUZZ-Australian mining stocks retreat as iron ore prices slip ** Australian mining sub-index .AXMM slip as much as 1.3% to hit their lowest level since Aug 21 ** Prices of iron ore futures slipped on Wednesday as investors turned cautious ahead of data this week that could better gauge whether steel demand in top consumer China has shown signs of r
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Australian shares slip as miners drag; investors assess inflation data

Australian shares slip as miners drag; investors assess inflation data Aug 29 (Reuters) - Australian shares slipped lower on Thursday, dragged by losses in miners, after investors reeled back from interest rate cut hopes as local inflation data remained above forecasts for July. The S&P/ASX 200 index .AXJO fell 0.5% to 8,034.7, as of 0048 GMT. The benchmark ended flat on Wednesday.
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Copper miners slip on China demand concerns

BUZZ-Copper miners slip on China demand concerns ** Shares of copper miners fall, tracking declining prices of the red metal ** London Metal Exchange copper prices fall 2% after concerns over demand in top consumer China and a rebound in U.S. dollar MET/L ** Freeport-McMoran FCX.N and Southern Copper SCCO.N down 3.6% and 4.3%, respectively ** U.S.-
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Uranium miner Energy Resources of Australia to raise $598 mln

UPDATE 1-Uranium miner Energy Resources of Australia to raise $598 mln Adds further details in paragraph 2 onwards Aug 28 (Reuters) - Energy Resources of Australia (ERA) ERA.AX said on Wednesday that it will raise A$880 million ($598.5 million) . The uranium miner will raise the capital at an offer price of A$0.002 per share, a 8 7.5 % discount to its close last Friday before it halted trading on Monday.
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Global aluminium producer seeks Q4 Japan premium of $185/T, sources say

UPDATE 1-Global aluminium producer seeks Q4 Japan premium of $185/T, sources say Adds quotes and details in paragraph 4-8 By Yuka Obayashi TOKYO, Aug 28 (Reuters) - A global aluminium producer has offered Japanese buyers a premium of $185 per metric ton for October-December primary metal shipments, up 8% from the current quarter, two people directly involved in quarterly pricing talks said on Wednesday.
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Australian shares slip as miners drag; inflation data in focus

Australian shares slip as miners drag; inflation data in focus Aug 28 (Reuters) - Australian stocks edged down in early trade on Wednesday, dragged by losses in shares of miners, as investor sentiment remained muted ahead of key local inflation data amid a slew of corporate earnings. The S&P/ASX 200 index .AXJO fell 0.4% to 8,038.4, as of 0042 GMT.
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Global aluminium producer seeks Q4 Japan premium of $185/T, sources say

Global aluminium producer seeks Q4 Japan premium of $185/T, sources say TOKYO, Aug 28 (Reuters) - A global aluminium producer has offered Japanese buyers a premium of $185 per metric ton for October-December primary metal shipments, up 8% from the current quarter, two sources directly involved in quarterly pricing talks said on Wednesday. Japan is a major Asian importer of the metal and the premium for primary metal shipments it agrees to pay each quarter over the London Metal Exchange (LME) cas
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China steel woes will recast miners' M&A desires

RPT-BREAKINGVIEWS-China steel woes will recast miners' M&A desires The author is a Reuters Breakingviews columnist. The opinions expressed are his own. Refiles to add hyperlink. By Antony Currie MELBOURNE, Aug 27 (Reuters Breakingviews) - Mike Henry sure likes to downplay his acquisitive tendencies. While unveiling results for the year to the end of June on Tuesday, the BHP BHP.AX boss declared that his $47 billion tilt for Anglo American AAL.L earlier this year "wasn't Plan A for us".
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German autos - pop goes the diesel

LIVE MARKETS-German autos - pop goes the diesel STOXX 600 up 0.2% Positive Ryanair update lifts airlines Miners jump Wall St futures higher Welcome to the home for real-time coverage of markets brought to you by Reuters reporters. You can share your thoughts with us at markets.research@thomsonreuters.com GERMAN AUTOS - POP GOES THE DIESEL Germany's car giants are grappling with weak demand and increased competition from lower-cost rivals in China, and with an escalating trade tit-for-tat, sentim
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Miners and airlines lift STOXX

LIVE MARKETS-Miners and airlines lift STOXX Welcome to the home for real-time coverage of markets brought to you by Reuters reporters. You can share your thoughts with us at markets.research@thomsonreuters.com MINERS AND AIRLINES LIFT STOXX The STOXX 600 .STOXX is up 0.3%, buoyed by basic resources stocks up 1.2% while retailers .SXRP provide a small 0.3% drag.
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Anglo American soars on copper and gold price rally

BUZZ-Anglo American soars on copper and gold price rally ** Shares of miner Anglo American AAL.L up 2.6% at 2,309p; among top gainers on the FTSE 100 index .FTSE ** Copper prices in London climb to their highest levels in nearly six weeks supported by optimism over a potential U.S. interest rate cut in September ** Gold prices hold above $2,500 per ounce on investor optimism for U.S.
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Australian miners rise on strong iron ore prices, BHP earnings

BUZZ-Australian miners rise on strong iron ore prices, BHP earnings ** The Australian mining sub-index .AXMM gains as much as 1.4% to 5,444.10, its highest level since Aug 5 ** Iron ore futures rise to a near three-week high, ahead of the next peak demand season in top consumer China IRONORE/ ** BHP Group BHP.AX , the world's largest listed miner,
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China steel woes will recast miners' M&A desires

BREAKINGVIEWS-China steel woes will recast miners' M&A desires The author is a Reuters Breakingviews columnist. The opinions expressed are his own. Refiles to add hyperlink. By Antony Currie MELBOURNE, Aug 27 (Reuters Breakingviews) - Mike Henry sure likes to downplay his acquisitive tendencies. While unveiling results for the year to the end of June on Tuesday, the BHP BHP.AX boss declared that his $47 billion tilt for Anglo American AAL.L earlier this year "wasn't Plan A for us".
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Henkel AG, Rio Tinto, Rockwool A/S

EUROPE RESEARCH ROUNDUP- Henkel AG, Rio Tinto, Rockwool A/S Aug 26 (Reuters) - Securities analysts revised their ratings and price targets on several European companies, including Henkel AG, Rio Tinto and Rockwool A/S, on Monday. HIGHLIGHTS * Henkel AG & Co KGaA HNKG.DE : Stifel raises target price to EUR 89 from EUR 86 * Rio Tinto RIO.L : Citigroup cuts target price to 5300p from 5500p * Rockwool A/S ROCKb.CO : JP Morgan raises target price to DKK 2990 from DKK 2710 Following is a summary of re
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Miners lift Australian shares higher; inflation data in focus

Miners lift Australian shares higher; inflation data in focus Aug 26 (Reuters) - Australian shares edged higher on Monday led by miners amid broad-based gains, as positive comments from the U.S. Federal Reserve Chair cementing hopes of an interest rate cut in September buoyed sentiment. The S&P/ASX 200 index .AXJO rose 0.4% to 8,054.6 as of 0026 GMT.
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BHP's return to Argentina marks new hope for untapped copper mines

FOCUS-BHP's return to Argentina marks new hope for untapped copper mines By Daina Beth Solomon and Divya Rajagopal SANTIAGO/TORONTO, Aug 23 (Reuters) - A new incentive regime for mining in Argentina is attracting major players such as BHP, who are starting to eye the South American country as the world's next frontier for copper, more than half a dozen mining industry officials told Reuters.
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Australian shares on track to snap 10-day rally ahead of inflation data

Australian shares on track to snap 10-day rally ahead of inflation data Aug 23 (Reuters) - Australian shares were on track to snap a 10-session rally on Friday, dragged by local miners, while investors were cautious ahead of domestic inflation data and a deluge of corporate earnings, to assess the central bank's monetary policy path. The S&P/ASX 200 index .AXJO slipped 0.3% to 8,002.2, as of 0046 GMT.
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