LSE:RIOMetals and Mining
Rio Tinto Restarts Iron Ore And Secures Boyne Deal As Valuation Questioned
Rio Tinto Group (LSE:RIO) has restarted most iron ore port operations in Western Australia after disruptions linked to Tropical Cyclone Narelle.
According to the company, some lost shipments are expected to be recovered, and its annual shipment guidance remains unchanged.
Separately, Rio Tinto secured a government backed partnership to support the long term future of the Boyne aluminium smelter, with an emphasis on renewable energy.
For investors tracking LSE:RIO, this news comes with the...