Author: Nidhi Awasthi
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Australia: Rio Tinto’s iron ore shipments drop marginally y-o-y in H1CY’24, guidance intact
Rio Tinto, the world’s leading iron ore miner, recorded iron ore shipments at 158.3 million tonnes (mnt) for first half of calendar year 2024 (H1CY’24), down by 2% y-o-y as compared to 161.6 mnt in H1CY’23. Shipments, on a quarterly basis, increased by 3% to 80.3 mnt against 78 mnt in first quarter of calendar…