Rio Tinto, an Australian miner, has stated. That it wants to achieve and maintain a medium-term yearly capacity of 345–360 million mt from its Pilbara iron ore business. Which includes the Rhodes Ridge project’s pre-feasibility study.
Also, the company (Rio Tinto) anticipates an annual uplift of five million metric tonnes from the Pilbara iron ore business’s implementation of the Safe production System.
According to production guidance, Pilbara iron ore shipments from Rio Tinto in 2023 are expect to remain within the upper half of the initial range of 320-335 million mt. While shipments are anticipat to reach 323-338 million mt in 2024. As previously reported by Shree Metal Prices.