Rio Tinto's Pilbara iron ore shipments grow 4% YoY in Jan-Sept

Rio Tinto, the world's top iron ore producer, shipped 243.3 million tonnes of iron ore (on a 100% basis) from its operations in the Pilbara, Western Australia, in January-September this year, marking a 4% increase compared with the same period last year, according to the miner's latest quarterly report released on October 14.

In the July-September quarter alone, the company's Pilbara iron ore shipments edged up 0.5% from the previous quarter and increased 2% on year to reach 85.7 million tonnes, supported by "mine performance and sustained healthy port inventories," the report said. Port outload capacity will be affected in some quarters over