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  1. forum rang 10 voda 9 december 2024 08:43
    Rio Tinto Projects Increased Iron Ore Output & Decarbonization Milestones

    Synopsis: Rio Tinto forecasts higher iron ore production and ongoing decarbonization efforts to reduce emissions.
    Monday, December 9, 2024

    Australia-based mining giant Rio Tinto has provided its production outlook for the Pilbara region in Western Australia, projecting an output of 323–338 million metric tons for the current year and the upcoming 2025 period. The company is confident that its performance in iron ore production will continue to rise, driven by advancements in its operational systems and its ongoing commitment to sustainability. With a focus on improving productivity and reducing environmental impact, Rio Tinto is positioning itself to meet growing global demand for iron ore while also addressing the challenges of climate change.

    The company’s forecast includes a significant boost in production, with expectations that its iron ore output will increase by 5 million metric tons annually in both 2024 and 2025. This growth in output will result in a cumulative increase of 15 million metric tons over the next three years. The increased production is expected to come from Rio Tinto’s ongoing efficiency improvements at its Pilbara operations, particularly through its "Save Production System," a method designed to streamline processes, reduce waste, and enhance overall productivity. This system has been a key driver behind Rio Tinto’s continued operational success in the highly competitive iron ore market.

    Voor meer, zie link:

    www.oreaco.com/steel/rio-tinto-projec...
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