Rio Tinto to ship 320-335 million t of iron ore in 2022

Anglo-Australian miner Rio Tinto has set its Pilbara iron ore shipments guidance for this calendar year at 320-335 million tonnes, with the range just slightly wider than last year's final guidance of 320-325 million tonnes, according to the firm's latest quarterly production report released on January 18. All tonnage is on 100% basis, Mysteel notes.

Nevertheless, the report suggests Rio Tinto might still be preparing for a challenging year as it noted that its iron ore shipments guidance remains subject to commissioning and ramp-up of new mines and management of cultural heritage, and that surging COVID-19 cases carry the risk of potential disruption to