Tag: Rio tinto
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Rio Tinto Iron Ore Production Up by 3% Q-o-Q, Cuts Annual Guidance by 5 MnT
Rio Tinto, the world’s second-largest iron ore producer, has recently announced its Q3 2016 production results. Iron ore production is up by 2.8% Q-o-Q in 2016. The company has managed to produce around 83.2 MnT iron ore and shipped 80.9 MnT iron ore in Q3 2016 (Jul-Sept’16). However, on Y-o-Y basis, the company has gained…