Tag: Rio tinto iron ore shipment
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Rio Tinto Iron Ore Shipments in H1 CY19 Fall 8% Y-o-Y Amid Cyclone
World’s second largest iron ore miner- Rio Tinto’s Pilbara depicted fall of 3% in iron ore shipment to 85.4 MnT in Q2 CY19 as against 88.5 MnT in Q2 CY18. The drop is attributed to fall in Apr’19 shipment due to recovery works following tropical cyclone Veronica in Mar’19. However, the shipment recorded significant rise…