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Cyclone damage cuts Rio's Cape Lambert production

AS ITS shares hit their highest level in more than a decade, iron ore giant Rio Tinto has warned Cyclone Veronica's recent rampage across the Pilbara coast, and January's fire at Cape Lambert, will cost it around 14 million tonnes in lost production this calendar year.

Haydn Black
Cape Lambert

Cape Lambert

While rail and shipping operations at the Cape Lambert B terminal and the Port of Dampier are now ramping back up after the cyclone, initial inspections have uncovered damage to the 85Mt per annum Cape...

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