Finance > Profit-loss

Rio touts iron ore "flexibility" after record quarter

Rio Tinto (LN:RIO) has recorded strong production numbers in the December quarter but faces headwinds from the iron ore market and a battle with the Mongolian government over Oyu Tolgoi.

Finance > Profit-loss

Rio touts iron ore "flexibility" after record quarter

Rio Tinto (LN:RIO) has recorded strong production numbers in the December quarter but faces headwinds from the iron ore market and a battle with the Mongolian government over Oyu Tolgoi.

Rio touts iron ore "flexibility" after record quarter

A quarter to hang your hat on for Rio

Iron ore shipments on a 100% basis were 90 million tonnes, up 5% quarter-on-quarter and up 3% year-on-year, and beating Deutsche Bank's forecast of 89Mt.