Anglo-Australian mining giant
Rio Tinto PLC announced today that
iron ore production at its mines in Western
Australia is back close to previous levels after a severe cyclone season impacted
iron ore shipments negatively early this year. As previously reported by SteelOrbis,
Rio Tinto issued force majeure declarations for its two
iron ore units due to tropical cyclone Glenda. A company official said that this force majeure on the operations is likely to last for the whole of the year, although the
production levels are close to normal levels. The official did not reveal the
production loss in the previous and current quarter.