Rio iron ore output falls: report
- {{x.value}}
{{ twilioFailed ? 'SMS Code Failed to Send…' : 'Enter verification code' }}
{{ completedStep1 ? 'Authentication & Security' : content.trialHeading.replace('{0}', user.FirstName) }}
{{ content.upgradeHeading.replace('{0}', user.FirstName) }}
The email address you entered is registered with InvestSMART
Please login to continue
We have sent you an email with the details of your registration.
Looks you are already a member. Please enter your password to proceed
{{ upgradeCTAText }}
Updating information
Please wait ...
Your membership to InvestSMART Group recently failed to renew.
Please make sure your payment details are up to date to continue your membership.
Having trouble renewing?
Please contact Member Services on support@investsmart.com.au or 1300 880 160
You've recently updated your payment details.
It may take a few minutes to update your subscription details, during this time you will not be able to view locked content.
If you are still having trouble viewing content after 10 minutes, try logging out of your account and logging back in.
Still having trouble viewing content?
Please contact Member Services on support@investsmart.com.au or 1300 880 160
Please click on the ACTIVATE button to activate your Intelligent Investor 15-day free trial
Please click on the ACTIVATE button to finalise your membership
Unsuccessful registration
Registration for this event is available only to Eureka Report members. View our membership page for more information.
Registration for this event is available only to Intelligent Investor members. View our membership page for more information.
- You are already registered for this event.
- This event is already full.
- Please select a quantity for at least one ticket.
- {{ i }}
Forgotten password
Please enter your email address below to request a new password
- Verify your email address by clicking on the link we sent to {{user.Email}}
- You now have free access, we look forward to helping you on your financial journey.
Rio Tinto Ltd's West Australian iron ore production has been hit in the June quarter by unseasonal rain and a conveyer outage, raising questions whether the miner will be able to meet its full-year guidance, according to The Australian.
The issues led to weaker-than-expected shipments for Rio, but the weather issues have also hampered BHP Billiton Ltd and Fortescue Metals Group Ltd.
The Australian reported that Rio's second-quarter Pilbara production, due to be reported early next week, is expected to come in below the 61 million tonnes-level that several analysts had planned for.
The timing is particularly difficult, as the second quarter is traditionally a period of strong production due to improved weather and a concerted push to boost outlook.
Fortescue has already cut its 2012-2013 iron ore production guidance by two million tonnes to 80-82 million tonnes, while BHP has not said to what extent its production has been affected by inclement weather (see BHP, Rio and Glencore's mad rush to the bottom by Ian Verrender).
Call 1300 880 160
Start a chat
Schedule a call
