Original article by Peter Ker
The Australian Financial Review – Page: 13 & 18 : 16-Jul-18
UBS estimates that Rio Tinto’s iron ore shipments from the Pilbara totalled 88.9 million tonnes in the June quarter. BHP Billiton and Fortescue Metals Group are also expected to have had record quarterly shipments, at 71.7 million tonnes and 46.3 million tonnes respectively. Brazilian rival Vale is also expected to report record quarterly shipments, at 96.3 million tonnes. Meanwhile, UBS forecasts that BHP’s shipments from the Pilbara totalled 274 million tonnes in 2017-18, which is slightly below the resources group’s full-year guidance of 275-280 million tonnes.
CORPORATES
RIO TINTO LIMITED – ASX RIO, BHP BILLITON LIMITED – ASX BHP, FORTESCUE METALS GROUP LIMITED – ASX FMG, UBS HOLDINGS PTY LTD, VALE SA, ATLAS IRON LIMITED – ASX AGO, MINERAL RESOURCES LIMITED – ASX MIN, ROY HILL HOLDINGS PTY LTD, AUSTRALIA. DEPT OF INDUSTRY, INNOVATION AND SCIENCE