Tag: CY25 iron ore forecast

Cyclone-led disruptions cause output loss of 13 mnt CY’25 production guidance remains at 323-338 mnt Rio Tinto’s Pilbara iron ore production stood at 69.8 million tonnes (mnt) in Q1CY’25. On a q-o-q basis, production fell 19% from 86.5 mnt in Q4CY’24, primarily due to disruptions caused by four tropical cyclones, which collectively resulted in an…