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Rio Tinto's Pilbara iron ore production & shipment increase in Q2 q-o-q, y-o-y

Time:Tue, 19 Jul 2022 12:27:30 +0800

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According to Rio Tinto’s report, the iron ore production at its Pilbara business totaled around 78.64 million tons in the second quarter, increasing by 10% compared to the previous quarter and also growing by 4% from the same period a year ago.
Meanwhile, the iron ore shipment at the Pilbara business was up by 12% quarter on quarter and by 5% year on year to 79.91 million tons.
In the first half of the year, the iron ore production at the Pilbara operation was 150.35 million tons, a year-on-year decrease of 1%. The shipment was 151.37 million tons, down by 2% year on year.
Rio Tinto maintained its output target at 320-335 million tons at its Pilbara iron ore operations for this year.

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