Iron Ore, Rio Tinto
Mining · 11d
Rio Tinto’s iron ore shipments slip, sees global economic resilience
For the calendar year, Rio Tinto shipped 328.6 million metric tons of iron ore from Pilbara, the lowest since 2022. It is under threat of Brazilian rival Vale potentially retaking its crown as the world’s biggest producer. Vale expects to produce 323-330 million tonnes for 2024.
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