Australia-based miner Rio Tinto has announced its production results for the second quarter and first half this year.
In the second quarter of the current year, the company’s iron ore production from its Pilbara operations in Western Australia increased by three percent year on year and up by two percent quarter on quarter to 81.3 million mt. In the given quarter, the company’s iron ore shipments from its Pilbara operations amounted to 79.1 million mt, falling by one percent year on year and down by four percent compared to the previous quarter, reflecting the impact of planned major maintenance at Dampier port.
In the first half of the year, Rio Tinto’s iron ore production from its Pilbara operations increased by seven percent year on year to 160.5 million mt, while its iron ore shipments in the same period totaled 161.7 million mt, rising by seven percent compared to the corresponding period of the previous year.
Rio Tinto’s Pilbara iron ore shipments in 2023 are expected to be in the upper half of the original 320-335 million mt range.