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Oct 14, 2025 8:40 AM

Rio Tinto Q3 Iron Ore Output Stays Flat, Sees Signs Of Slowing US, China Economy

Rio Tinto Plc (NYSE:RIO) shares are trading lower premarket on Tuesday after the company reported the third-quarter fiscal 2025 trading update.

Iron Ore: Pilbara iron ore production remained flat year over year (Y/Y) at 84.1 million tonnes (Mt).

Pilbara iron ore shipments (consolidated basis) also remained stable Y/Y at 84.3Mt in the quarter. Notably, Pilbara achieved its second-highest third-quarter shipments since 2019.

Severe weather conditions impacted both production and shipment.

Also Read: Rio Tinto's New CEO Simplifies The Firm, Places Assets Under Review

Meanwhile, production of Bauxite rose 9% Y/Y to 16.4MT and Alumina rose 7% Y/Y to 1.9MT in the quarter.

Markets

Rio said that the global economy showed modest improvement in the third quarter, supported by favorable financial conditions, fiscal expansion in key economies, and advance investments ahead of anticipated tariffs. However, business and consumer sentiment weakened due to ongoing trade ...