iron ore product

Rio Tinto sounds climate alarm for iron ore’s future

Rio Tinto sounds climate alarm for iron ore’s future

This will affect companies such as Rio’s fellow mining giant BHP, Bluescope Steel, coalminers Whitehaven, New Hope Group and Yancoal, and cement makers Adelaide Brighton and Boral. Last week Swiss mining giant Glencore said it wouldn’t expand its Australian thermal coal production any more, under pressure from investors in the Climate+100 group. Mainstay of prosperityIron…