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19 Jul
04:23

Rio Tinto hits China iron ore milestone

Global miner Rio Tinto has shipped 4 billion tonnes of iron ore from the Pilbara in Western Australia to China, Kallanish notes.  The firm says in a statement that the shipment was loaded at Dampier Port on 19 July, bound for steel producer China Baowu Steel. This milestone comes 51 years after the first shipment of almost 22,000 tonnes of Pilbara iron ore was sent from Dampier Port to China's Shanghai No.1 Steel Mill, which has since become part of…
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