Rio Tinto reports Pilbara iron ore production 9% lower than in Q2 2020

Writer,

Rio Tinto, the world’s second largest metals and mining corporation, has announced a 9% decrease in Pilabara iron ore production, compared to the second quarter of 2020, in its second quarter 2021 production update.

Ongoing Covid-19 restrictions and a tight labour market have impacted the company’s ability to access experienced contractors and particular skill sets.

Rio Tinto chief executive, Jakob Stausholm, said: ‘The global economy, in particular China, recovered strongly and we are intensely focused on servicing our customers with as much product as we can. However, we faced some challenges in the first half notably at our Pilbara operations, which were impacted by replacement mine tie-ins and materially higher rainfall.’

Bauxite production of 13.7 million tonnes was also lower by 6% compared to the second quarter of 2020, as a result of system instability following severe wet weather in Eastern Australia in the first quarter.

According to the company, it advanced initiatives in the second quarter in line with its low-carbon transition, and to decarbonise its business and value chain, and progress scope 1 and 2 targets, and scope 3 goals.

In addition, Nico Swart, an employee, was tragically killed in a shooting whilst driving to work at Richards Bay Minerals in South Africa on 24 May.

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