Rio Tinto 1Q Australian Iron-Ore Shipments Up 7%
20 April 2021 - 9:14AM
Dow Jones News
By Rhiannon Hoyle
SYDNEY--Rio Tinto PLC said first-quarter iron-ore shipments from
its Australian mines were 7% higher than a year ago despite weaker
quarterly output, as the company sold from stockpiles.
The world's second-largest miner by market value said it shipped
77.8 million metric tons of iron ore from Australia's Pilbara
region in the three months through March, even as output declined
by 2% to 76.4 million tons.
Operations were affected by plant disruptions and above-average
wet weather, Rio Tinto said. Labor availability also slowed
maintenance of the mine processing facilities, said the miner.
Write to Rhiannon Hoyle at rhiannon.hoyle@wsj.com
(END) Dow Jones Newswires
April 19, 2021 18:59 ET (22:59 GMT)
Copyright (c) 2021 Dow Jones & Company, Inc.
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