Rio Tinto Q2 Iron Ore Output Up 9%, Lowers 2015 Shipment Outlook

Anglo-Australian mining giant Rio Tinto Plc on Thursday reported that its global iron ore production for the second quarter grew 9 percent from last year, while shipments increased 8 percent. However, the company lowered its forecast for full-year iron ore shipments, citing weather disruption in the first half of the year at its Pilbara operations.