Rio Tinto iron ore shipments fall as cyclones hit Pilbara operations

Rio Tinto iron ore shipments fall as cyclones hit Pilbara operations

(Reuters) – Rio Tinto reported a 9% drop in first-quarter iron ore shipments on Wednesday, with 2025 Pilbara shipments now expected at the lower end of guidance after tropical cyclones battered Australia’s west coast and disrupted operations. The series of tropical cyclones in the first quarter had snarled activities at the Dampier port in the Pilbara region and affected Rio Tinto’s shipments. The company had earlier warned of total losses of 13…

Rio Tinto flags $150m hit amid decade low in iron ore exports

The four cyclones that hit the Pilbara iron ore district have left the miner with a significant repair bill and a weak start to the year, the company said.

Rio's Iron Ore Exports Fall to Six-Year Low Due to Cyclones

(Bloomberg) — Rio Tinto Group’s first-quarter iron ore shipments fell 9% from the year before to a six-year low, after tropical cyclones disrupted exports from its key Australian terminal.

Rio Tinto, the second largest mining company in the world by market value, said it expects that iron ore shipments from its mining operations in Australia are likely to be at the lower limit of the projection in 2025. Among the main factors are the losses suffered by extreme weather events in the first quarter of this year, according to a note released on Tuesday (15).

Cyclones Impact Rio Tinto Q1 Pilbara Production And Shipment By 13 Millions Tonnes, Trigger $95 Million Recovery Plan

Rio Tinto Plc (NYSE:RIO) on Wednesday reported a decline in Pilbara iron ore production of 10% year-over-year (Y/Y) to 69.8Mt. Pilbara iron ore shipments (consolidated basis) decreased 8% Y/Y to 62.5Mt in the quarter. Severe weather conditions impacted both production and shipment, with four cyclones collectively causing an estimated loss of approximately ...

Rio Tinto iron ore production slumps to lowest level in over half a decade

Major dry-cargo charterer’s iron ore activities were impacted by extreme weather in the first quarter