Rio Tinto could hit iron ore goal in 2022

Original article by Peter Ker
The Australian Financial Review – Page: 23 : 1-Nov-19

The head of Rio Tinto’s iron ore division, Chris Salisbury, has told investors that production at its Koodaideri mine in Western Australia is slated for late 2021. He also said the mine will give Rio Tinto the capacity to ship 360 million tonnes of iron ore from the Pilbara each year. This target was first set in 2013, but to date the most Rio Tinto has shopped from the Pilbara in a single year is 338.2 million tonnes. Analysts expect its Pilbara shipments to total 325.5 million tonnes in 2019.

CORPORATES
RIO TINTO LIMITED – ASX RIO, VUMA FINANCIAL LIMITED

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