Rio Tinto iron ore shipments drop on COVID delays, flags China risks


"Production in the first quarter was challenging as expected, re-emphasising a need to lift our operational performance," Rio Tinto Chief Executive Jakob Stausholm said in a media statement.

Rio Tinto RIO.AX, RIO.L on Wednesday reported lower-than-expected iron ore shipments in the first quarter, and warned a resurgence of COVID-19 lockdowns in China and a prolonged Russia-Ukraine war could have risks.

The global miner's efforts to ramp up its Pilbara operations in Western Australia were impacted in the first three months of the year by labour shortages and supply chain snags.

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Rio Tinto , iron ore , Australia , China ,

   

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