Rio Tinto achieves record iron ore production
SYDNEY. January 17. KAZINFORM Global miner Rio Tinto said on Tuesday it had achieved a record global iron ore production of 65 million tones (Mt) in the three months to December, bringing full year output to 245 Mt; Kazinform refers to China Daily.
Rio Tinto Chief Executive Tom Albanese said production across the group had bounced back from the severe weather conditions in the first half which had the biggest impact on Australian iron ore, coal and uranium.
The company had forecast iron ore output of 240 Mt for calendar 2011.
Rio Tinto said that 2011 global iron ore shipments totaled a record 239 Mt but were below actual production levels due to extreme weather conditions experienced in Western Australia's Pilbara region in the first half of the year.
The miner said in a statement on Tuesday that the expansion of its Pilbara mines to 283 Mt a year by the end of 2013 remained on track; Kazinform cites China Daily.
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