Rio Tinto's iron ore shipments fall 5.4% in Q4 2021
2022-01-19 13:33:31 [Print]
Rio Tinto on Tuesday reported a 5
The world's biggest iron ore producer shipped 84.1 million tonnes (Mt) of the commodity in the three months to December 31, 2021, down from 88 . 9 Mt a year earlier.
Rio Tinto forecast iron ore shipments from the Pilbara region of between 320 Mt and 335 Mt in 2022, compared with the 321.6 Mt it shipped in 2021.
. 4% drop in its fourth-quarter iron ore shipments, hit by a delay in completion of a new greenfield mine in Western Australia and lower demand from top consumer China as it looks to cut carbon emissions.
The world's biggest iron ore producer shipped 84.1 million tonnes (Mt) of the commodity in the three months to December 31, 2021, down from 88 . 9 Mt a year earlier.
Rio Tinto forecast iron ore shipments from the Pilbara region of between 320 Mt and 335 Mt in 2022, compared with the 321.6 Mt it shipped in 2021.