Australia: Rio Tinto iron ore shipments up by 7% y-o-y in Q1 CY’21

Rio Tinto’s iron ore share of shipments moved up by 7% y-o-y to 77.8 mn t in Q1 CY’21. The company’s iron ore production stood at 76.4 mn t, 2% lower on y-o-y basis, driven by above-average wet weather in the mines through February and fixed plant reliability. Labour resource availability and weather challenges disrupted maintenance


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