http://www.lse.co.uk/ RIO Financial Share News Feed - London South East en-us Thu, 23 May 2013 18:45:24 GMT 2007 London South East http://www.lse.co.uk/rss/ 15 VIENNA, Feb 22 (Reuters) - Strabag SE: * Says it and rio tinto strike partnership in tunnel construction http://www.lse.co.uk/ShareNews.asp?shareprice=RIO&ArticleCode=7y9ut2wnjbwe2oo Fri, 22 Feb 2013 09:17:38 GMT SYDNEY, Feb 22 (Reuters) - The risk is 'high' that a tropical low off Australia's northwest coast will by strengthen into a cyclone by Sunday as it moves closer to the Pilbara iron ore mining belt, the Australian Bureau of Meteorology said on Friday. http://www.lse.co.uk/ShareNews.asp?shareprice=RIO&ArticleCode=rlrqhr06drmk1j1 Fri, 22 Feb 2013 08:05:21 GMT By Nelson Banya HARARE, Feb 1 (Reuters) - Zimbabwe's RioZim Limited has gone to the High Court to fight off seizure of a gold mine by allies of President Robert Mugabe, who accuse it of flouting a black empowerment law, the company said on Friday. http://www.lse.co.uk/ShareNews.asp?shareprice=RIO&ArticleCode=bbkmei7oxgdof8x Fri, 01 Feb 2013 14:37:31 GMT SYDNEY/PERTH, Feb 1 (Reuters) - Heavy rains in Australia's eastern Queensland state have caused two major coking coal producers, Rio Tinto and Xstrata, to declare force majeure on exports this week after a rail haul line was shut last week due to flooding. http://www.lse.co.uk/ShareNews.asp?shareprice=RIO&ArticleCode=0jmtonh16rc2dw5 Fri, 01 Feb 2013 10:46:44 GMT By Terrence Edwards and Sonali Paul ULAN BATOR/MELBOURNE, Feb 1 (Reuters) - Rio Tinto faces tough negotiations next week in Mongolia, where the government is under pressure to plug a budget deficit and increase its share of the wealth from the $6.2 billion Oyu Tolgoi copper and gold mine. http://www.lse.co.uk/ShareNews.asp?shareprice=RIO&ArticleCode=v1sp8ee2sanfwij Fri, 01 Feb 2013 09:09:58 GMT By James Regan SYDNEY, Feb 1 (Reuters) - Last-ditch efforts are underway to persuade Rio Tinto to maintain production at its Gove alumina refinery in Australia after talks with potential gas suppliers to reduce costs ended without a resolution. http://www.lse.co.uk/ShareNews.asp?shareprice=RIO&ArticleCode=ziq6jh39v0wha5c Fri, 01 Feb 2013 07:43:07 GMT SYDNEY, Feb 1 (Reuters) - Rio Tinto said on Friday a declaration of force majeure imposed at its Kestrel coal mine in Australia two days ago remained in effect due to damage to a main rail haul line caused by flooding. http://www.lse.co.uk/ShareNews.asp?shareprice=RIO&ArticleCode=adwp145ecc5648e Fri, 01 Feb 2013 01:51:06 GMT Jan 30 (Reuters) - Rio Tinto Plc said its Oyu Tolgoi project in Mongolia is on track to reach commercial production in the first half of 2013, countering a media report saying the company was considering a temporary halt to construction work because of political issues. http://www.lse.co.uk/ShareNews.asp?shareprice=RIO&ArticleCode=bg2nes8l9tky32g Wed, 30 Jan 2013 22:50:47 GMT By James Regan SYDNEY, Jan 31 (Reuters) - Rio Tinto's Sam Walsh faces his first difficult decision as chief executive -- whether to shut the 1,400-staff Gove alumina refinery in Australia -- as under-performing units come under tougher scrutiny following $14 billion in writedowns this mon http://www.lse.co.uk/ShareNews.asp?shareprice=RIO&ArticleCode=5cpp2geu4qfv3ft Wed, 30 Jan 2013 21:15:05 GMT Jan 30 (Reuters) - : * Anglo American Plc : Deutsche Bank raises price target to 2,260p from http://www.lse.co.uk/ShareNews.asp?shareprice=RIO&ArticleCode=h8cccnw5dnna5iw Wed, 30 Jan 2013 08:22:16 GMT By Anjuli Davies and Sophie Sassard and Sinead Cruise LONDON, Jan 29 (Reuters) - European companies are having to reassess the cost of a rush of takeovers in more buoyant times as regulators call time on outdated asset values. http://www.lse.co.uk/ShareNews.asp?shareprice=RIO&ArticleCode=xaxj9pp3lgyvliz Wed, 30 Jan 2013 06:19:06 GMT SYDNEY, Jan 30 (Reuters) - Australian mining-to-retail conglomerate Wesfarmers on Wednesday cut its full-year coal sales forecast, citing flooding in Australia and weak demand in Asia that is depressing sales prices. http://www.lse.co.uk/ShareNews.asp?shareprice=RIO&ArticleCode=a7uwkg589k1jrjz Wed, 30 Jan 2013 00:36:28 GMT By Anjuli Davies and Sophie Sassard and Sinead Cruise LONDON, Jan 29 (Reuters) - European companies are having to reassess the cost of a rush of takeovers in more buoyant times as regulators call time on outdated asset values. http://www.lse.co.uk/ShareNews.asp?shareprice=RIO&ArticleCode=iu21bjtk08b47ov Tue, 29 Jan 2013 19:54:17 GMT By Anjuli Davies and Sophie Sassard and Sinead Cruise LONDON, Jan 29 (Reuters) - European companies are having to reassess the cost of a rush of takeovers in more buoyant times as regulators call time on outdated asset values. http://www.lse.co.uk/ShareNews.asp?shareprice=RIO&ArticleCode=tx9hqcjgiocj8nr Tue, 29 Jan 2013 16:32:44 GMT PERTH, Jan 25 (Reuters) - Rain and flooding in Australia's eastern state of Queensland caused by the remnants of Cyclone Oswald have stopped some coal exports and shut part of the coal transport rail system, but the wet weather is not expected to have a significant impact on mine operations, i http://www.lse.co.uk/ShareNews.asp?shareprice=RIO&ArticleCode=sywp0oen06ft65x Fri, 25 Jan 2013 10:22:03 GMT Jan 24 (Reuters) - Rio Tinto PLC: * Citigroup adds to Focus List Europe For a summary of rating actions and price target changes on European companies: http://www.lse.co.uk/ShareNews.asp?shareprice=RIO&ArticleCode=mhpg3ehiv9qh8x6 Thu, 24 Jan 2013 11:36:18 GMT By James Regan SYDNEY, Jan 24 (Reuters) - Australian miners like to say iron ore is the new gold. How about the new iPhone? http://www.lse.co.uk/ShareNews.asp?shareprice=RIO&ArticleCode=kl5ph2i862t9nec Thu, 24 Jan 2013 08:33:29 GMT By James Regan SYDNEY, Jan 24 (Reuters) - Fortescue Metals Group, the world's fourth-largest iron ore miner, lifted shipments by 32 percent in the December quarter from a year ago, nearly all bound for Chinese steel mills. http://www.lse.co.uk/ShareNews.asp?shareprice=RIO&ArticleCode=wkexorcs9o0ehqz Thu, 24 Jan 2013 07:00:13 GMT SYDNEY, Jan 24 (Reuters) - Rio Tinto said the iron ore ports of Dampier and Cape Lambert on Australia's west coast had reopened after closing due to a cyclone and that shiploading was underway. http://www.lse.co.uk/ShareNews.asp?shareprice=RIO&ArticleCode=yv7q9y0bncuhq95 Thu, 24 Jan 2013 03:49:14 GMT SYDNEY, Jan 24 (Reuters) - Fortescue Metals Group, the world's fourth largest iron ore miner, lifted shipments by 32 percent in the December quarter from a year ago, nearly all bound for Chinese steel mills. http://www.lse.co.uk/ShareNews.asp?shareprice=RIO&ArticleCode=fh7z8zrpjg72zjb Thu, 24 Jan 2013 02:10:09 GMT SYDNEY, Jan 24 (Reuters) - Australian iron ore miner Fortescue Metals Group said it lifted shipments by 32 percent in the December quarter, nearly all bound for Chinese steel mills. http://www.lse.co.uk/ShareNews.asp?shareprice=RIO&ArticleCode=2u0xec5snp94c7p Thu, 24 Jan 2013 01:44:10 GMT By Raushan Nurshayeva ASTANA, Jan 23 (Reuters) - Kazakhstan's president has urged his government to move more quickly to lift a four-year moratorium on issuing new mineral exploration licences to develop new deposits and ease the grip of local clans on the country's natural wealth. http://www.lse.co.uk/ShareNews.asp?shareprice=RIO&ArticleCode=5l4d61jvc40bcsq Wed, 23 Jan 2013 15:06:52 GMT By James Regan SYDNEY, Jan 23 (Reuters) - Australia's Port Hedland, which handles about a fifth of the world's seaborne-traded iron ore, will reopen on Wednesday after being spared the brunt of a cyclone that has also shut other major ports in Western Australia. http://www.lse.co.uk/ShareNews.asp?shareprice=RIO&ArticleCode=801lrcr7r4pxger Wed, 23 Jan 2013 07:19:33 GMT By James Regan SYDNEY, Jan 23 (Reuters) - A tropical low off Australia's northwest coast that brought nearly half the world's iron ore trade to a halt intensified to cyclone strength on Wednesday, keeping huge ports used by miners Rio Tinto and BHP Billiton idle. http://www.lse.co.uk/ShareNews.asp?shareprice=RIO&ArticleCode=gl4lfwjz7jtx1lo Wed, 23 Jan 2013 05:06:11 GMT By James Regan SYDNEY, Jan 23 (Reuters) - BHP Billiton, the world's biggest mining company, boosted its iron ore output http://www.lse.co.uk/ShareNews.asp?shareprice=RIO&ArticleCode=d1b5w03zbz0p1ar Wed, 23 Jan 2013 04:06:26 GMT By James Regan SYDNEY, Jan 23 (Reuters) - BHP Billiton, the world's biggest mining company, reported its quarterly iron http://www.lse.co.uk/ShareNews.asp?shareprice=RIO&ArticleCode=0zhsqywxz60xjay Tue, 22 Jan 2013 23:24:56 GMT By James Regan SYDNEY, Jan 23 (Reuters) - A tropical storm intensifying off Australia's northwest coast brought nearly half the world's iron ore trade to a halt on Wednesday, idling huge ports used by miners Rio Tinto and BHP Billiton . http://www.lse.co.uk/ShareNews.asp?shareprice=RIO&ArticleCode=568yluva75pivrm Tue, 22 Jan 2013 21:52:56 GMT By James Regan SYDNEY, Jan 22 (Reuters) - A tropical storm intensifying off Australia's northwest coast brought nearly half the world's iron ore trade to a halt on Tuesday, idling huge ports used by miners Rio Tinto and BHP Billiton. http://www.lse.co.uk/ShareNews.asp?shareprice=RIO&ArticleCode=zsgtaxscxzs7uqb Tue, 22 Jan 2013 09:57:10 GMT By James Regan SYDNEY, Jan 22 (Reuters) - A tropical storm intensifying off Australia's northwest coast brought nearly half the world's iron ore trade to a halt on Tuesday, closing huge ports used by miners Rio Tinto and BHP Billiton . http://www.lse.co.uk/ShareNews.asp?shareprice=RIO&ArticleCode=on5n69a3i3vt85c Tue, 22 Jan 2013 07:34:38 GMT Jan 22 (Reuters) - The following corporate finance-related stories were reported by media on Tuesday: http://www.lse.co.uk/ShareNews.asp?shareprice=RIO&ArticleCode=ne79o5y2zl0nfxn Tue, 22 Jan 2013 07:16:42 GMT SYDNEY, Jan 22 (Reuters) - Rio Tinto, the world's second-largest iron ore miner, said its main Western Australian iron ore exporting ports were set to close on Tuesday due to a tropical storm threatening the region. http://www.lse.co.uk/ShareNews.asp?shareprice=RIO&ArticleCode=nr5q6ba1tuf1z9v Tue, 22 Jan 2013 05:50:31 GMT By James Regan SYDNEY, Jan 22 (Reuters) - Australia's Port Hedland, a major terminal for iron ore exports, will shut down operations on Tuesday due to a tropical storm threatening the country's far west coastline. http://www.lse.co.uk/ShareNews.asp?shareprice=RIO&ArticleCode=9vmo73xdf73y2d2 Tue, 22 Jan 2013 04:46:18 GMT SYDNEY, Jan 22 (Reuters) - Australia's Port Hedland, a major terminal for iron ore exports will shut operations due to a tropical storm threatening the far west Australian coastline. http://www.lse.co.uk/ShareNews.asp?shareprice=RIO&ArticleCode=mz5k8fgml878o36 Tue, 22 Jan 2013 03:57:39 GMT SYDNEY, Jan 22 (Reuters) - Ships waiting to dock at Australia's Port Hedland bulk export terminals started on Tuesday heading for safe waters as a tropical low which is forecast to reach cyclone strength makes its way down the far west coastline of the Pilbara iron belt. http://www.lse.co.uk/ShareNews.asp?shareprice=RIO&ArticleCode=yxfqwbfs9z8nxr7 Tue, 22 Jan 2013 03:14:57 GMT By Claire Milhench LONDON, Jan 21 (Reuters) - Commodity fund managers who performed well over the testing final quarter of 2012 believe metals commodities prices could do better than expected in early 2013 due to a combination of Chinese restocking and continued supply disruption. http://www.lse.co.uk/ShareNews.asp?shareprice=RIO&ArticleCode=srs4gpb2p23pmns Mon, 21 Jan 2013 21:01:32 GMT By Claire Milhench LONDON, Jan 21 (Reuters) - Commodity fund managers who performed well over the testing final quarter of 2012 believe metals commodities prices could do better than expected in early 2013 due to a combination of Chinese restocking and continued supply disruption. http://www.lse.co.uk/ShareNews.asp?shareprice=RIO&ArticleCode=5zgekeagew0jelp Mon, 21 Jan 2013 11:51:39 GMT SYDNEY, Jan 21 (Reuters) - A tropical low off the coast of Western Australian may develop into a cyclone by Wednesday as it moves to the west southwest off the Pilbara coastline, the heart of the country's iron ore mining industry. http://www.lse.co.uk/ShareNews.asp?shareprice=RIO&ArticleCode=t1xboc3lj6wkzyx Mon, 21 Jan 2013 08:49:48 GMT By Sonali Paul MELBOURNE, Jan 21 (Reuters) - Iron ore prices have nearly doubled over the past four months, delighting producers, yet the surge is hindering expansion of iron ore mines in Western Australia, the site of the world's largest known deposit. http://www.lse.co.uk/ShareNews.asp?shareprice=RIO&ArticleCode=bpdzuovvbphmemb Sun, 20 Jan 2013 21:15:05 GMT By James Regan SYDNEY, Jan 18 (Reuters) - As Rio Tinto was edging closer to gaining majority control of little-known Mozambique coal explorer Riversdale Mining, the Anglo-Australian mining giant's chief executive Tom Albanese was convinced the $4 billion move was a sound one. http://www.lse.co.uk/ShareNews.asp?shareprice=RIO&ArticleCode=h0ai9payhqm6lxq Sun, 20 Jan 2013 21:00:38 GMT By James Regan SYDNEY, Jan 18 (Reuters) - As Rio Tinto was edging closer to gaining majority control of little-known Mozambique coal explorer Riversdale Mining, the Anglo-Australian mining giant's chief executive Tom Albanese was convinced the $4 billion move was a sound one. http://www.lse.co.uk/ShareNews.asp?shareprice=RIO&ArticleCode=lh9hi6h46g4lscc Fri, 18 Jan 2013 10:23:04 GMT Jan 18 (Reuters) - The following are the top stories in the Wall Street Journal. Reuters has not verified these stories and does not vouch for their accuracy. http://www.lse.co.uk/ShareNews.asp?shareprice=RIO&ArticleCode=a4pgfxjpwcqb51k Fri, 18 Jan 2013 07:33:21 GMT LONDON, Jan 18 (Reuters) - Telegraph RIO CHIEF PAYS PRICE FOR AFRICAN COAL FIASCO Rio Tinto chief executive Tom Albanese said he was http://www.lse.co.uk/ShareNews.asp?shareprice=RIO&ArticleCode=itvxyyfpwvb68uw Fri, 18 Jan 2013 01:42:24 GMT By Sonali Paul and James Regan MELBOURNE/SYDNEY, Jan 17 (Reuters) - Rio Tinto's new chief executive Sam Walsh takes the helm at a time when some critics say the global miner is too dependent on one commodity -- iron ore. http://www.lse.co.uk/ShareNews.asp?shareprice=RIO&ArticleCode=enmwb7463kc09vl Thu, 17 Jan 2013 21:24:23 GMT By Sinead Cruise LONDON, Jan 17 (Reuters) - Top shareholders in crisis-hit Rio Tinto have identified an unusual scapegoat for the hapless takeovers that triggered the company's eye-watering $14 billion writedown - each other. http://www.lse.co.uk/ShareNews.asp?shareprice=RIO&ArticleCode=yrrhufou79dtpi2 Thu, 17 Jan 2013 18:36:05 GMT (The following statement was released by the rating agency) Jan 17 - Rio Tinto's latest write-down of its aluminium assets supports our http://www.lse.co.uk/ShareNews.asp?shareprice=RIO&ArticleCode=h2rg9a1p0o883jr Thu, 17 Jan 2013 15:26:55 GMT By Clara Ferreira-Marques LONDON, Jan 17 (Reuters) - Rio Tinto sacked chief executive Tom Albanese on Thursday and revealed a $14 billion writedown almost entirely on the value of his two most significant acquisitions, the Alcan aluminium group and Mozambican coal. http://www.lse.co.uk/ShareNews.asp?shareprice=RIO&ArticleCode=hdal143dw1h7xbc Thu, 17 Jan 2013 15:22:15 GMT By Clara Ferreira-Marques LONDON, Jan 17 (Reuters) - Rio Tinto sacked chief executive Tom Albanese on Thursday and revealed a $14 billion writedown almost entirely on the value of his two most significant acquisitions, the Alcan aluminium group and Mozambican coal. http://www.lse.co.uk/ShareNews.asp?shareprice=RIO&ArticleCode=t37oxyc55afwugq Thu, 17 Jan 2013 14:53:37 GMT Jan 17 (Reuters) - Rio Tinto PLC: * SocGen raises target price to 3,900p from 3,660p; rating buy http://www.lse.co.uk/ShareNews.asp?shareprice=RIO&ArticleCode=bto5r82muzjsthx Thu, 17 Jan 2013 13:36:12 GMT By Alistair Smout LONDON, Jan 17 (Reuters) - Britain's blue-chip shares edged lower on Thursday, dragged down by miners after heavyweight Rio http://www.lse.co.uk/ShareNews.asp?shareprice=RIO&ArticleCode=dq0ea9egulxxd0l Thu, 17 Jan 2013 12:59:47 GMT By Alistair Smout LONDON, Jan 17 (Reuters) - Britain's blue-chip shares edged lower on Thursday, dragged down by miners after heavyweight Rio http://www.lse.co.uk/ShareNews.asp?shareprice=RIO&ArticleCode=la4pvzgulidehyv Thu, 17 Jan 2013 12:59:46 GMT