Hga030（www.hg108.vip）:Rio Tinto's iron ore shipments rise on Gudai-Darri mine boost
The miner expects increased production volumes and an improved product mix in the second half from its Gudai-Darri operations as it continues to ramp up output.Hga030（www.hg108.vip）是一个开放皇冠即时比分、代理最新登录线路、会员最新登录线路、皇冠代理APP下载、皇冠会员APP下载、皇冠线路APP下载、皇冠电脑版下载、皇冠手机版下载的皇冠新现金网平台。Hga030上登录线路最新、新2皇冠网址更新最快,Hga030开放皇冠会员注册、皇冠代理开户等业务。
Rio Tinto on Friday reported a 4.7% jump in second-quarter iron ore shipments as deliveries from its key Gudai-Darri project in the Pilbara region offset adverse weather conditions and a labour crunch.
The miner expects increased production volumes and an improved product mix in the second half from its Gudai-Darri operations as it continues to ramp up output.
However, a shortage of skilled labour in the resource-rich state of Western Australia continues to weigh on Rio.
"We are currently experiencing elevated levels of unplanned absences at our Pilbara operations due to COVID-19 case spikes in Western Australia," Rio said in a statement.,
The miner is alsofacing broader inflationary pressure and the risk of weaker demand for iron ore from top consumer China as the country tries to balance its zero-COVID strategy and economic growth.
Higher rates of inflation have impacted Rio's underlying earnings, resulting in increased pretax costs of about $400 million in the first half of fiscal 2022, the company said.
The world's biggest iron ore producer shipped 79.9 million tonnes (mt) of the steel-making commodity in the three months to June 30, compared with 76.3 mt a year earlier. It narrowly missed an RBC estimate of 80.2 mt and a UBS estimate of 80 mt.
Rio produced 78.6 mt of iron ore during the quarter, up 3.6% from a year earlier.- Reuters