Tag: Rio tinto iron ore
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Rio Tinto: Iron ore shipment up 3% y-o-y in H1 CY’20; guidance unchanged
Rio Tinto’s Pilbara iron ore shipments were recorded at 159.6 mn t for H1 CY’20, up 3% as against 154.7 mn t in H1CY’19. The shipments picked up despite the infrastructure damage and port disruptions caused due to tropical cyclone Damien. There was a strong recovery in March across mines, rail and port. On a…