Rio Tinto's global Iron Ore output hits 67Mmt in Q3
LONDON (Scrap Monster): Rio Tinto, the world's second biggest iron ore producer, has reported that its global iron ore production grew 5% year-on-year to 67 million tonnes in the third quarter of 2012.
In January-September of the current year, the company's global iron ore production amounted to 187 million mt, advanced 4% year-on-year.
Rio Tinto's operations in the Pilbara region of Western Australia produced a record 63 million mt of iron ore in the third quarter, increased by 5% year-on-year, while the company's Pilbara iron ore production for the first nine months of the current year, increased by 5% year-on-year to 177.1 million mt.
Third quarter iron ore production of Rio Tinto subsidiary Iron Ore Company of Canada was 2% lower than the third quarter of 2011 but 23% higher than the previous quarter, due to continuing improvements in mine productivity.
In the third quarter, Rio Tinto's Australian hard coking coal production decreased by 16% compared to the same quarter of the previous year, rose 16% quarter-on-quarter.
In 2012, Rio Tinto expected to produce approximately 250 million mt from its global operations in Australia and Canada, subject to weather constraints.
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