Rio Tinto shipped 330.10 million tonnes of iron ore (on a 100% basis) from its Pilbara operations in Australia in 2017, in line with its guidance of 330 million tonnes.
The total is up 1% from its 2016 total of 327.60 million tonnes, it said in its latest production results statement on Tuesday January 16.The increase was helped by the October-December quarter when it shipped 90 million tonnes of iron ore - up 5% from the previous quarter and up 3% compared with the same quarter in 2016.It attributed the gains to ongoing productivity improvements in rail systems and infrastructure improvements.For 2018, the miner is still targeting 330-340 million tonnes of iron ore shipments from its operations in Western...