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Top related persons:
Tyler Broda - 1
Top related locs:
Rio Bingham Salt Lake City Australia Western Australia Rio Tinto's Utah
Top related orgs:
P - 1 RBC Capital Markets - 1 Rio Tinto - 1 CNBC - 1

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3 mentions found


☆ How $100 billion mining giant Rio Tinto is poised to benefit from the EV boom
  + stars: | 2023-12-02 | by ( Shawn Baldwin | ) www.cnbc.com   time to read: +1 min
Copper mines like Rio Tinto's Bingham Canyon mine on the outskirts of Salt Lake City are on the frontline of America's transition to clean energy. Jointly based in Australia and the UK, Rio Tinto is one of the world's largest mining companies with projects in 35 countries. It has 17 iron ore mines in Western Australia that produce material used in steel, as well as mines that produce aluminum, diamonds, and boron, a component used in smartphones. So what is Rio Tinto doing to ramp up production of its critical minerals business? CNBC got a behind the scenes look at Rio Tinto's Utah operation to find out.
Persons: Tyler Broda Organizations: P, RBC Capital Markets, Rio Tinto, CNBC Locations: Rio, Bingham, Salt Lake City, Australia, Western Australia, Rio Tinto's Utah
☆ RBC Capital Markets: Mining stocks strong despite weakened demand from China
  + stars: | 2022-12-07 | by ( ) www.cnbc.com   time to read: 1 min
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailRBC Capital Markets: Mining stocks strong despite weakened demand from ChinaTyler Broda, head of EU metals and mining research at RBC Capital Markets, discusses the investment bank's 2023 outlook for mining and metals.
☆ Glencore 2023 production outlook disappoints, shares fall
  + stars: | 2022-12-06 | by ( Clara Denina Helen Reid | Clara Denina | Helen Reid | ) www.reuters.com   time to read: +2 min
[1/2] The logo of commodities trader Glencore is pictured in front of the company's headquarters in Baar, Switzerland, July 18, 2017. REUTERS/Arnd Wiegmann/File PhotoLONDON, Dec 6 (Reuters) - Shares in miner and trader Glencore (GLEN.L) fell as much as 3.5% on Tuesday after 2023 production guidance across all the commodities it mines missed consensus estimates. The company gave guidance towards copper production of 1.04 million tonnes in 2023, down from 1.06 million this year and compared to a consensus of analysts at 1.124 million tonnes. Glencore expects 2022 EBITDA (earnings before interest, tax, depreciation and amortization) at $28.7 billion and free-cash-flow at $14.7 billion. Roughly 20% of total copper output comes from the mine.
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