RIO rio tinto limited

News: RIO Rio Tinto downgrades 2021 iron ore shipments forecast

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    Oct 15 (Reuters) - Rio Tinto (RIO) RIO.L on Friday reduced its 2021 iron ore shipments forecast, partly due to delays in the completion of a new greenfield mine at Gudai-Darri in Western Australia, hit by a tighter labour market in the region.

    The miner now expects 2021 Pilbara iron ore shipments between 320 million tonnes (mt) to 325 mt, down from the lower end of a previous range of 325 mt to 340 mt.

 
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