Rio Still Driven by Iron Ore Despite Higher Near-Term Aluminum and Copper Prices
Rio Tinto’s balance sheet is sound with minimal net debt of around USD 5.5 billion at the end of December 2024 or about 0.2 times trailing 12-month EBITDA. We forecast net debt/EBITDA and net debt to ...
Mining Giants Navigate Geopolitical Uncertainty
Top mining companies, including BHP and Rio Tinto, express concerns over geopolitical volatility and trade tensions while remaining optimistic about long-term demand for transition metals.
The fund manager obsessed with change, even when the going is good
Australian Eagle’s Sean Sequeira is optimistic about Silex Systems and Dexus, but regrets selling Technology One too early.
Principal Securities Inc. Acquires 1,043 Shares of BHP Group Limited (NYSE:BHP)
Principal Securities Inc. boosted its position in BHP Group Limited (NYSE:BHP – Free Report) by 15.4% during the fourth ...
WA government says damage to 249 heritage sites warrants $5m-$10m in compensation
The West Australian government has sent shockwaves through the resources industry by claiming the destruction of more than 200 significant Aboriginal heritage sites in the construction of a major iron ...
Slump in iron ore prices taking ‘big toll’ on miners
Sky News Business Editor Ross Greenwood says the collapse in iron ore prices has taken a “big toll” on all of Australia’s ...