SMM7, March 17: today Rio Tinto released its second-quarter production and sales report, which showed that iron ore shipments in the Pilbara business in the second quarter were 86.7 million tons, up 19% from the previous month and 1% from the same period last year.
Iron ore production in the Pilbara business was 83.2 million tonnes in the second quarter, up 7 per cent from a month earlier and 4 per cent year-on-year. The total output in the first half of the year reached 161 million tons, an increase of 3 percent over the same period
Although the epidemic has a certain impact on operations, the volume of shipments is still on the rise compared with the same period last year. Spot sales at the port developed steadily in the second quarter, with a total sales volume of 1.7 million tons. Although hurricane Damien had a severe impact on infrastructure and ports in February, it performed well in the second quarter, with iron ore shipments of about 160 million tons in the first half, up 3 per cent from a year earlier.
2020 target: Rio Tinto's Pilbara iron ore shipment target remains unchanged at 324-334 million tons, and the unit mining cost target remains unchanged at 14Mel 15 US dollars / ton.
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