market_report Dry bulk Markets & trade Hellenic Shipping News
Rio Tinto Q1 iron ore output, sales rise despite cyclone disruptions in Commodity News 22/04/2026 Rio Tinto reported higher first-quarter iron ore production and modest sales growth on Tuesday, although cyclone-related disruptions hit shipments in Western Australia. Pilbara iron ore production rose 13% year-on-year to 78.8 million tonnes, marking the second-highest first-quarter output since 2018. Pilbara sales increased 2% to 72.4 million tonnes. However, shipments were impacted by tropical cyclones, reducing volumes by about 8 million tonnes, with roughly half of the lost output expected to be recovered in the coming quarters, the company said. Overall iron ore production climbed 12% to 82.8 million tonnes, reflecting improved mine productivity despite weather-related disruptions. Sydney-listed shares of the company rose 0.5% in early trading. The miner reported a 9% increase in , supported by a ramp-up at its Oyu Tolgoi project, with total copper output rising 9% to 229,000 tonnes. Aluminium production edged up 1%, while alumina output increased 6%, offsetting an 11% drop in bauxite production due to heavy rainfall and cyclone impacts. Rio Tinto maintained its full-year production and sales guidance, even as it flagged potential cost pressures from higher fuel prices and ongoing supply chain risks. Source: Investing.com 2026-04-22 hellenicshippingnews... window.___gcfg = {lang: 'en-US'}; (function(w, d, s) { function go(){ var js, fjs = d.getElementsByTagName(s)[0], load = function(url, id) { if (d.getElementById(id)) {return;} js = d.createElement(s); js.src = url; js.id = id; fjs.parentNode.insertBefore(js, fjs); }; load('//connect.facebook.net/en/all.js#xfbml=1', 'fbjssdk'); load('https://apis.google.com/js/plusone.js', 'gplus1js'); load('//platform.twitter.com/widgets.js', 'tweetjs'); } if (w.addEventListener) { w.addEventListener("load", go, false); } else if (w.attachEvent) { w.attachEvent("onload",go); } }(window, document, 'script')); tweet Share
Rio Tinto Q1 iron ore output, sales rise despite cyclone disruptions
Hellenic Shipping News
Read full article at Hellenic Shipping News →
Opens Hellenic Shipping News in a new tab