The Conversation (0)
- AustraliaNorth AmericaWorld
Investing News NetworkYour trusted source for investing success
Top Stocks
Top Resource Stocks
Top Tech Stocks
Top Life Science Stocks
Trending
Trending Articles
Trending Press Releases
Trending Companies
Avrupa Minerals
AVU:CA
Black Swan Graphene
SWAN:CC
Zodiac Gold
ZAU:CC
Trillion Energy International
TCF:CNX
Trending Reports
Resource
Popular Lists
Investing Ideas
Outlook Reports
- Lithium Outlook
- Oil and Gas Outlook
- Gold Outlook Report
- Uranium Outlook
- Rare Earths Outlook
- All Outlook Reports
Investing Guides
Tech
Popular Lists
- Top Generative AI Stocks
- Top EV Stocks
- Biggest AI Companies
- Biggest Blockchain Stocks
- Biggest Cryptocurrency-mining Stocks
- Biggest Cybersecurity Companies
- Biggest Robotics Companies
- Biggest Social Media Companies
- Biggest Technology ETFs
- Artificial Intellgience ETFs
- Robotics ETFs
- Canadian Cryptocurrency ETFs
Investing Ideas
Outlook Reports
- Artificial Intelligence Outlook
- EV Outlook
- Cleantech Outlook
- Crypto Outlook
- Tech Outlook
- All Market Outlook Reports
Investing Guides
Life Science
Popular Lists
- Cannabis Weekly Round-Up
- Top Alzheimer's Treatment Stocks
- Top Biotech Stocks
- Top Plant-based Food Stocks
- Biggest Cannabis Stocks
- Biggest Pharma Stocks
- Longevity Stocks to Watch
- Psychedelics Stocks to Watch
- Top Cobalt Stocks
- Small Biotech ETFs to Watch
- Top Life Science ETFs
- Biggest Pharmaceutical ETFs
Outlook Reports
- Life Science Outlook
- Biotech Outlook
- Cannabis Outlook
- Pharma Outlook
- Psychedelics Outlook
- All Market Outlook Reports
Investing Guides
Reuters reported that Rio Tinto (LSE:RIO,ASX:RIO,NYSE:RIO) dismissed as “harebrained” a suggestion by Fortescue Metals Group that miners should cap output of the iron ore to boost prices.
Reuters reported that Rio Tinto (LSE:RIO,ASX:RIO,NYSE:RIO) dismissed as “harebrained” a suggestion by Fortescue Metals Group that miners should cap output of the iron ore to boost prices.
As quoted in the market news,
Rio Tinto Chief Executive Sam Walsh said on Thursday there would be no benefit to Australia from trying to support the iron ore price by setting a cap on production, despite market oversupply and waning demand growth in China.
Walsh was speaking two days after Fortescue Chairman Andrew Forrest called on larger iron ore miners to join Fortescue in limiting production, prompting Australia’s competition regulator to investigate whether he breached the law by calling for a cartel.
Latest News
Investing News Network websites or approved third-party tools use cookies. Please refer to the cookie policy for collected data, privacy and GDPR compliance. By continuing to browse the site, you agree to our use of cookies.