Rio Tinto Reports Decline in Q1 2025 Iron Ore Production and Shipments

Published: Apr 16, 2025 09:12

On April 16, 2025, Beijing time, Rio Tinto released its production and sales report for Q1 2025.

In terms of production, the iron ore production of the Pilbara operations in Q1 was 69.8 million mt, down 19% QoQ and 10% YoY.

In terms of shipments, the iron ore shipments of the Pilbara operations in Q1 were 70.7 million mt, down 17% QoQ and 9% YoY.

Additionally, the total pellet and concentrate production of the Iron Ore Company of Canada (IOC) in Q1 was 2.3 million mt, down 9% QoQ and 11% YoY (Rio Tinto's share).

Rio Tinto's 2025 Pilbara iron ore shipment target (100%) remains unchanged at 323-338 million mt.

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On April 16, 2025, Beijing time, Rio Tinto released its production and - Shanghai Metals Market (SMM)