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Rio Tinto: Estimated New High for Iron Ore Shipment

iconOct 18, 2017 13:49
Source:SMM
During the third quarter of this year, estimated iron ore shipment of Rio Tinto is expected to be higher than anticipation.

SHANGHAI, Oct. 18 (SMM)-During the third quarter of this year, due to improvement of railway transport capacity in Pilbara Mine of West Australia, estimated iron ore shipment of Rio Tinto is expected to be higher than anticipation. As the world’s second-largest iron ore exporter, following Brazil Vale, the iron ore shipment volume during the third quarter of Rio Tinto reaches 85.8 million tonnes, rising 6% compared with last year.  Previous estimated figure of UBS is 84.6 million tonnes.


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