Rio Tinto shipped 14% less iron ore in the first quarter of 2019 due to a series of cyclones and has cut its 2019 guidance.
Pilbara iron ore shipments reached 69.1mt in the first three months of 2019 versus the 71.4mt
More bad news for capes as Aussie mining giant says second quarter also likely to be impacted.
Rio Tinto shipped 14% less iron ore in the first quarter of 2019 due to a series of cyclones and has cut its 2019 guidance.
Pilbara iron ore shipments reached 69.1mt in the first three months of 2019 versus the 71.4mt