Anglo American Kumba iron ore production increased by 10% to 10.6 mn t in Q1 CY’21 due to improved plant availability and good progress on scheduled plant maintenance. Production at Minas Rio dropped to 5.6 mn t (wet tonne basis), down 13% against 6.5 mn t in Q1 CY’20 due to unplanned maintenance at the beneficiation plant. Iron ore production guidance for CY’21 remains unchanged at 64.5-67.5 mn t (Kumba at 40.5-41.5 mn t and Minas Rio at 24-26 mn t). The guidance is subject to extent of further COVID-related disruptions as well as rail performance for Kumba.
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