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18 Oct
14:45

Rio's third-quarter iron ore shipments slip on-year

Rio Tinto's iron ore production and shipments increased in the third quarter, but shipments were still 1% lower from a year earlier. In Q3, Pilbara iron ore production and shipments (on 100% basis) rose 4% and 7% respectively compared with Q2 to 84.3 million tonnes and 82.9mt. These meanwhile represented a 1% year-on-year growth for production, but 1% y-o-y decline for shipments. By the end of September, cumulative Pilbara iron ore production was steady o…
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