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By Rishav Chatterjee
(Reuters) -Global mining giant Rio Tinto reported second-quarter iron ore shipments below analyst estimates on Tuesday, reflecting impacts to production from a train derailment in mid-May.
The world's largest producer of iron ore shipped 80.3 million tons (Mt) of the steel-making commodity from its Pilbara operations in the three months ended June 30. This was 3% higher than the previous quarter's 78 Mt but below the Visible Alpha consensus estimate of 82.1 Mt.
Rio's Aust...
>>> Read more: Rio Tinto's iron ore shipments miss estimates due to May train derailment
(Reuters) -Global mining giant Rio Tinto reported second-quarter iron ore shipments below analyst estimates on Tuesday, reflecting impacts to production from a train derailment in mid-May.
The world's largest producer of iron ore shipped 80.3 million tons (Mt) of the steel-making commodity from its Pilbara operations in the three months ended June 30. This was 3% higher than the previous quarter's 78 Mt but below the Visible Alpha consensus estimate of 82.1 Mt.
Rio's Aust...
>>> Read more: Rio Tinto's iron ore shipments miss estimates due to May train derailment
