Rio Tinto's iron ore shipments hit record high in Q1, copper output estimate declines
Views : 144
Update time : 2023-04-20 21:33:46
Rio Tinto's iron ore shipments in the first quarter hit a record high. In the past three months, it shipped 82.5 million tons of iron ore, up by 16% from the same period a year ago.
Due to conveyor failures at the Kennecott mine and geotechnical challenges at the Escondida mine, Rio Tinto downgraded its full-year copper production estimate. Rio Tinto planned to transport the ore by trucks while procuring replacement motors for the conveyors.
Aluminium prices diverge as LME gains, SHFE declines amid rising inventories
Tariffs on Mexico finalised, SHFE aluminium weakens due to alumina drag
