Rio Tinto posts declines in Q1 Pilbara iron ore shipments & production
Views : 126
Update time : 2025-04-17 20:50:45
Global mining company Rio Tinto announced its operational performance for the first quarter of this year. The iron ore shipments in the Pilbara region totaled 70.7 million tons, falling by 17% from the previous quarter and by 9% from the same period a year ago. The Pilbara iron ore production was 69.8 million tons, a quarter-on-quarter drop of 19% and a year-on-year decrease of 10%.
According to Rio Tinto, both production and cost met the company’s guidance. However, due to the extreme weather affecting the Pilbara operations during the period, iron ore shipments in the region were expected to be at the lower end of its guidance.
