Funding push for Nimba project

Rio Tinto marks a milestone with the shipment of 4 billion tonnes of Pilbara iron ore from Dampier Port to China Baowu Steel Group.

A recent joint study says that Well-to-Wake emissions in the Pilbara-to-Asia iron ore export trade route can be reduced by over 90% by 2050.

Global iron ore shipments rose in Q1 2024 but with Chinese steel production weaker than expected, future shipments may decline due to oversupply.

Total shipments from Australia and Brazil – significant iron ore suppliers – decreased by 12.5% week-on-week to 22.08 million tons for the week ending March 18.

Designing and installing new equipment might grab the headlines. But just as important for manufacturers is regular maintenance and inspection of systems.

As a result of the plan, Rio Tinto now expects to begin production one year earlier than planned on its side of the project, in October 2025.