NEWSBREAK: Rio Tinto lowers iron ore shipment guidance after Pilbara storm damage

Anglo-Australian iron ore miner Rio Tinto has lowered its iron ore shipment guidance following infrastructure damage across its Pilbara operations in Western Australia.

The miner now expects shipments of 324-334 million tonnes in 2020, down from a previous guidance of 330-343 million tonnes, it said on Monday February 17.

“Rio Tinto’s iron ore operations in Pilbara, Western Australia, are progressively...


Deepali Sharma

February 17, 2020

11:48 GMT