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Share Name | Share Symbol | Market | Type |
---|---|---|---|
Rio Tinto Ltd | ASX:RIOCD | Australian Stock Exchange | Ordinary Share |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
0.00 | 0.00% | 125.35 | 123.81 | 125.35 | 0.00 | 01:00:00 |
By Rhiannon Hoyle
SYDNEY--Rio Tinto PLC said first-quarter iron-ore shipments from its Australian mines were 7% higher than a year ago despite weaker quarterly output, as the company sold from stockpiles.
The world's second-largest miner by market value said it shipped 77.8 million metric tons of iron ore from Australia's Pilbara region in the three months through March, even as output declined by 2% to 76.4 million tons.
Operations were affected by plant disruptions and above-average wet weather, Rio Tinto said. Labor availability also slowed maintenance of the mine processing facilities, said the miner.
Write to Rhiannon Hoyle at rhiannon.hoyle@wsj.com
(END) Dow Jones Newswires
April 19, 2021 18:59 ET (22:59 GMT)
Copyright (c) 2021 Dow Jones & Company, Inc.
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