Rio cuts iron ore, copper guidance

RIO Tinto has reduced its full-year iron ore guidance due to challenges associated with the tight labour market in Western Australia.

Rio cuts iron ore, copper guidance Rio cuts iron ore, copper guidance Rio cuts iron ore, copper guidance Rio cuts iron ore, copper guidance Rio cuts iron ore, copper guidance

September iron ore shipments dropped 2% year-on-year to 83.4 million tonnes, but were up 9% quarter-on-quarter.

Shipments for the first nine months of 2021 were down 2% to 237.5Mt.