December quarter production from Rio’s Pilbara operations of 83.6m tonnes was a 4 per cent decline on the September quarter, as Rio continued its major rail maintenance program, and 3 per cent below the December period in 2018.
Despite the operational challenges, the cash kept rolling in for the company on the back of higher iron ore prices.
READ MORE:Rio flags shift in tack in search for growth|Rio’s downgrade woes worsen
Rio said it received an average $US79 a tonne from its iron ore, before shipping charges, up 37 per cent on the previous year.
so it seems RIO's grade is slipping.
December quarter production from Rio’s Pilbara operations of...
-
- There are more pages in this discussion • 33,996 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add FMG (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
$21.41 |
Change
-0.260(1.20%) |
Mkt cap ! $65.92B | |||
| Open | High | Low | Value | Volume |
| $21.52 | $21.67 | $21.30 | $150.5M | 7.000M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 93 | $21.40 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $21.41 | 12657 | 3 |
View Market Depth
| Last trade - 16.10pm 28/06/2024 (20 minute delay) ? |
| FMG (ASX) Chart |