Industry News

Rio Tinto's Weipa operations made a resilient comeback

Views : 128
Update time : 2024-01-29 16:09:44
Rio Tinto's Weipa operations bounced back in a big way in 2023. Despite a slow start to the year, the mining company managed to ship 35.12 million tonnes of bauxite from Weipa, an improvement from 34.52 million tonnes in 2022.
The journey wasn't without its challenges, as weather and equipment issues raised concerns during Easter. Only 7.49 million tonnes were shipped in the first quarter of the year. However, each quarter saw an increase, reaching 8.81, then 9.0, and finally 9.81 million tonnes in the last quarter of 2023.
Shona Markham, the general manager of Rio Tinto's Weipa operations, noted, "Due to the wet weather in Q1, 2023 was a challenging year but were able to make a strong recovery in the second half of the year".
Related News
Read More >>
What Tariffs, Steel Prices Mean for E&S Construction Insurance in California What Tariffs, Steel Prices Mean for E&S Construction Insurance in California
Apr .25.2025
What Tariffs, Steel Prices Mean for E&S Construction Insurance in California
Nickel Price Update: Q1 2025 in Review Nickel Price Update: Q1 2025 in Review
Apr .25.2025
Nickel Price Update: Q1 2025 in Review
Higher steel prices benefiting Region steel mills Higher steel prices benefiting Region steel mills
Apr .25.2025
Higher steel prices benefiting Region steel mills
Vale's net profit drops 17% on lower iron ore prices Vale's net profit drops 17% on lower iron ore prices
Apr .25.2025
Vale's net profit drops 17% on lower iron ore prices