Rio Tinto’s Q3 iron ore output up 10%, sales up 1%

Rio Tinto, the world’s second largest iron ore miner, posted a 10% quarter-on-quarter rise in iron ore production and a 1% quarterly growth in iron ore sales in Pilbara of Western Australia over July-September on improvement of operations and no adverse weather, according to its latest quarterly report released on October 16.

  he better sales and production reflected “a good recovery from the operational and weather challenges experienced earlier in the year”, the company commented in its release. Over the quarter, Rio Tinto produced 87.3 million tonnes of iron ore, which was up 6% on year too, and the sales reached 86.1 million