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19 Jan
13:52

Rio Tinto lifts iron ore targets for 2021

Rio Tinto’s iron ore production and shipments rose in 2020 and the Australian miner expects this strong trend will continue in 2021, Kallanish notes. In the fourth quarter of 2020, the miner saw iron ore production and shipments on a 100% basis increase 3% and 2% respectively year-on-year to 86 million tonnes and 88.9mt. This brought production and shipments for full-year 2020 up 2% and 1% respectively on-year to 333.4mt and 330.6mt. The miner says it…
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