Rio Tinto released its quarterly operational report for the fourth quarter ending December 31, 2024, which included Iron Ore Company of Canada ("IOC") production and sales information. Specifically, ...
In terms of production: Q4 iron ore production from Pilbara operations reached 87.5 million mt, up 5% QoQ, down 2% YoY. Total production for 2023 was 332 million mt, up 2% YoY. In terms of shipments: ...
Rio Tinto also released IOC's 2025 production guidance (pellets and CFS) of 16.5 to 19.4 million tonnes. LIORC will be releasing its full 2024 Annual Report after the market close on March 11, 2025.
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Rio Tinto Chief Executive Jakob Stausholm said: "Our operating performance in 2024 was good, consistent with our ongoing commitment to strengthen the ...