Australia Mines Boost Rio Tinto's Q1 Iron Ore Production

Written by Amir Richani for IIR News Intelligence (Sugar Land, Texas)SummaryRio Tinto saw higher iron ore and copper volumes in Q1, while its lithium unit operated steadily.
Australia Drives Iron OreRio Tinto reported another solid quarter, maintaining its year-end guidance. Iron ore production reached 82.8 million tonnes globally, up 12% year over year, driven mostly by its Pilbara assets in Australia, which accounted for 78.8 million tonnes, 13% higher, and the best first quarter since 2018. I