(Adds details on production)
Jan 17 (Reuters) - Rio Tinto (RIO) on Tuesday said its shipments of iron ore rose slightly in the final quarter of 2022, benefiting from a continued ramp-up at its Gudai-Darri mine in Western Australia.
The Anglo-Australian miner, which looks set to keep its position as the world's biggest iron ore producer, said the Gudai-Darri mine is expected to reach its nameplate capacity on a sustained basis during 2023.
Iron ore shipments for the final quarter of 2022 were 87.3 million tonnes (Mt), a 3.8% rise. This made for full-year shipments of 321.6 Mt, beating a Visible Alpha consensus estimate of 320.2 Mt.
Rio Tinto maintained its full-year iron ore shipments forecast of 320 Mt to 335 Mt.
For mined copper, Rio raised its 2023 production guidance to 600 thousand tonnes (kt) to 655 kt, up from a prior guidance of 550 kt to 600 kt.
News: RIO UPDATE 1-Rio Tinto's quarterly iron ore shipments rise 3.8%
Add to My Watchlist
What is My Watchlist?
 (20min delay)
|
|||||
|
Last
$116.15 |
Change
-2.060(1.74%) |
Mkt cap ! $43.32B | |||
| Open | High | Low | Value | Volume |
| $117.55 | $117.55 | $116.00 | $34.19M | 293.1K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 11 | 205 | $116.10 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $116.14 | 54 | 4 |
View Market Depth
| Last trade - 11.30am 09/09/2025 (20 minute delay) ? |
| RIO (ASX) Chart |