financetom
Business
financetom
/
Business
/
Rio Tinto's second-quarter iron ore output rises 13% sequentially
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Rio Tinto's second-quarter iron ore output rises 13% sequentially
Jul 15, 2025 3:45 PM

July 16 (Reuters) - Rio Tinto reported

a 13% sequential rise in second-quarter iron ore shipments on

Wednesday, rebounding from extreme weather-related disruptions

earlier this year.

The world's largest iron ore producer shipped 79.9 million

metric tonnes (Mt) of the steel-making commodity from its

Pilbara operations in the three months ended June 30, up from

70.7 Mt shipped in the March quarter.

That missed a Visible Alpha consensus estimate of 81.98 Mt.

(Reporting by Roshan Thomas and Shivangi Lahiri in Bengaluru;

Editing by Devika Syamnath)

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
DOJ lawyer who quit over Adams case joins law firm Hueston Hennigan
DOJ lawyer who quit over Adams case joins law firm Hueston Hennigan
Jun 2, 2025
June 2(Reuters) - Hagan Scotten, a former U.S. prosecutor who resigned after the Justice Department ordered its lawyers to drop a criminal corruption case against Democratic New York Mayor Eric Adams, has joined Hueston Hennigan as a partner, the firm said Monday. Scotten was one of several career prosecutors who resigned in February after then-Acting Deputy Attorney General Emil Bove...
Update: Hims & Hers to Reportedly Lay Off 4% of Staff
Update: Hims & Hers to Reportedly Lay Off 4% of Staff
Jun 2, 2025
10:17 AM EDT, 06/02/2025 (MT Newswires) -- (Updates with comment from Hims & Hers Health ( HIMS ) in the fourth paragraph.) Hims & Hers Health ( HIMS ) is laying off 68 staffers, or nearly 4% of its staff, across various teams, multiple media outlets reported Friday, citing a company representative. The layoffs were not related to the US...
Google agrees $36 million fine for anti-competitive deals with Australia telcos
Google agrees $36 million fine for anti-competitive deals with Australia telcos
Aug 17, 2025
SYDNEY, Aug 18 (Reuters) - Google agreed on Monday to pay a A$55 million ($35.8 million) fine in Australia after the consumer watchdog found it had hurt competition by paying the country's two largest telcos to pre-install its search application on Android phones, excluding rival search engines. The fine extends a bumpy period for the Alphabet-owned internet giant in Australia,...
Global Net Lease Names Robert Kauffman as Board Chair
Global Net Lease Names Robert Kauffman as Board Chair
Jun 2, 2025
10:17 AM EDT, 06/02/2025 (MT Newswires) -- Global Net Lease ( GNL ) said Monday it has named Robert Kauffman as non-executive chairperson of the board, effective immediately. Kauffman succeeds Sue Perrotty, who stepped down from the role but will remain on the board as an independent director, the company said. Kauffman, a co-founder of Fortress Investment Group, joined Global...
Copyright 2023-2026 - www.financetom.com All Rights Reserved