


Rio Tinto must raise iron ore export to meet guidance
Rio Tinto loaded ships with 5.88mn dwt capacity in the week to 31 July, down from 6.44mn dwt in the week to 24 July, and 10pc below its weekly rolling average over the past year of 6.56mn dwt. This was offset by strong shipments from Fortescue, up to 4.11mn dwt from 3.76mn dwt and 15.5pc above its average of 3.56mn dwt.