Rio Tinto Plc

The Iron Ore Industry has rallied recently on the resurgence of strong Chinese demand. China's imports of iron ore in November increased 17 percent to 65.78 million tons, which was the highest seen since January 2011. The Paragon Report examines investing opportunities in the Iron Ore Industry and provides equity research on Rio Tinto and Vale

The recent economic slowdown in China, the world's largest steel producer, have seen prices for iron ore hit two and a half year lows. Prices for the commodity are approximately $50 - $60 per ton cheaper when compared to the same period last year. "Iron ore prices could go into free-fall until end-user demand for steel picks up in the autumn," said Rafael Halpin, China analyst with the UK consultancy MEPS. The Paragon [...]

LONDON, United Kingdom, July 30, 2012 /CNW Telbec/ - Rio Tinto acquired 133,571,192 common shares under Ivanhoe's rights offering at a total cost of US$934,998,344 or US$7.00 per share. The purchase represents approximately 51 per cent of the common shares offered under the rights offering.  The rights offering, which closed today, was fully subscribed.Prior to the completion of the rights offering, Rio Tinto owned [...]

Iron ore producers have struggled as a slowdown in the Chinese economy was expected to dampen demand for the commodity. Iron ore prices are set to rebound from six-month lows as China has recently approved approximately $23 billion in steel projects. The China Iron and Steel Association on May 29 stated that steel production in China could reach 700 million tons in 2012. The Paragon Report examines investing opportunities [...]

MONTREAL, June 1, 2012 /CNW Telbec/ - Rio Tinto, Fer et Titane (RTFT), a wholly-owned subsidiary of Rio Tinto and part of the Group's sector leading titanium dioxide business, has announced plans to invest CAD$7.2 million to upgrade the water filtration system used at its steel plant located at RTFT's metallurgical complex in Sorel-Tracy."We are employing new water filtering technology that will help improve equipment [...]

/THIS PRESS RELEASE CANNOT BE SENT, TRANSMITTED OR OTHERWISE DISTRIBUTED IN OR INTO THE UNITED STATES OR ANY OTHER JURISDICTION WHERE IT IS IMPERMISSIBLE TO DO SO./LONDON, United Kingdom, May 23, 2012 /CNW Telbec/ - Rio Tinto and Ivanhoe Mines Ltd. (Ivanhoe) have agreed to amend certain terms of the memorandum of agreement announced on 18 April 2012, under which Rio Tinto has agreed to support and provide certain elements [...]

Iron ore producers have been preparing for a downturn in Chinese demand this year as a result of growing concerns of China's slowdown in economic growth. Iron ore prices dropped to multi-month lows Monday as Chinese consumers deferred or have defaulted on coal and iron ore shipments. The Paragon Report examines investing opportunities in Iron Ore Industry and provides equity research on Rio Tinto and Vale

Rio Tinto and Ivanhoe Mines have signed an agreement under which Rio Tinto has agreed to support and provide certain elements of a comprehensive funding package for Ivanhoe that will underpin the development of the Oyu Tolgoi copper-gold mine in Mongolia. The parties have also agreed that Rio Tinto, which currently owns 51 per cent of Ivanhoe, will replace a number of the directors on the Ivanhoe Board with Rio [...]

MELBOURNE, Australia, Jan. 11, 2012 /CNW Telbec/ - Rio Tinto announces today that it has, through an indirect wholly-owned subsidiary, acquired the remaining 7,944,151 Hathor common shares not already owned by Rio Tinto and its affiliates ...

MELBOURNE, Australia, Dec. 22, 2011 /CNW Telbec/ - Rio Tinto today extended its offer, made through an indirect wholly-owned subsidiary, to acquire all the common shares of Hathor for C$4.70 in cash per common share until 5:00 pm (Toronto time) on ...