Rio Tinto Sees 6% Q3 Rise in Iron Ore Shipments, Eyes Strong Year-End
Rio Tinto reported a 6% sequential increase in third-quarter iron ore shipments, reaching 84.3 million tonnes from its Pilbara operations. This rise marks Rio’s second-highest Q3 haul in years, though it fell just short of the 85.5 Mt consensus. Earlier this year, four cyclones disrupted production and logistics in Western Australia, forcing Rio to signal…