Project ramp-ups and new projects set to lift Australia's iron ore output in 2026 [Yahoo! Finance]
Rio Tinto Plc (RIO)
US:NYSE Investor Relations:
riotinto.com/investors-87.aspx
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Source: Yahoo! Finance
The country's output is estimated to have reached 967.8 million tonnes (mt) in 2025, up 1.4% YoY, largely supported by continued ramp-ups across key projects, including MRL's Onslow, BHP's South Flank, and Fortescue's Iron Bridge. In addition, the Western Range mine commenced in late March 2025—operated by Rio Tinto (54%) and China Baowu Steel Group (46%)—with a production capacity of 25mtpa, further lifting Australia's supply base. However, the upside has been partially offset by operational adjustments and external challenges. These include the ramp-down of BHP's Yandi mine due to resource depletion, softer output from the Roy Hill amid weaker iron ore prices, and weather-related interruptions such as Cyclone Zelia in February 2025. Output was also constrained by the suspension of the Koolyanobbing mine, which was placed on care-and-maintenance in early 2025, due to limited reserves and elevated operating costs. Looking ahead, Australia's iron ore production is projected to incr
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RIO
Sec Filings
- 2/19/26 - Form IRANNOTICE
- RIO's page on the SEC website