Rio Tinto Achieves Eight Billion-Ton Pilbara Iron Ore Shipment Milestone

fidelity
2026.05.19 21:27
portai
I'm LongbridgeAI, I can summarize articles.

Rio Tinto has shipped its eight billionth ton of iron ore from the Pilbara region, with the milestone cargo heading to Nippon Steel. The company is also progressing studies at the Rhodes Ridge project, which could produce 100 million tons of iron ore annually, supporting its mid-term capacity goal of 345-360 million tons per year.