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Q4 Pilbara operations iron ore production was 87.5 million mt, up 5% MoM.
Jan 17, 2025, at 10:25 am
Rio Tinto Released Q4 Production and Sales Report: In Terms of Production: Q4 Pilbara Operations Iron Ore Production Was 87.5 Million Mt
Rio Tinto Released Its Q4 Production and Sales Report:
In terms of production: Q4 iron ore production from Pilbara operations reached 87.5 million mt, up 5% QoQ, down 2% YoY. Total production for 2023 was 332 million mt, up 2% YoY.
In terms of shipments: Q4 iron ore shipments from Pilbara operations totaled 86.3 million mt, up 3% QoQ, down 1% YoY. Total shipments for 2023 were 332 million mt, up 3% YoY.
Additionally, Q4 total pellet and concentrate production from Iron Ore Company of Canada (IOC) was 2.7 million mt, up 13% QoQ, up 7% YoY (Rio Tinto's equity share).
Rio Tinto's 2024 Pilbara iron ore shipment target (100%) is 323-338 million mt, an increase of 3 million mt compared to 2023.
