Rio Tinto $RIO (+1,54 %)
$RIO (-0,46 %) has reportedly set a new quarterly record for deliveries, shipping an estimated 90.8 million tons of material in the December quarter. This would have surpassed the company's previous high of 90 million tons from 2017.
The successful year-end 2025 brought Rio Tinto's total annual output to around 326 million tons, meeting its forecast of 323 to 338 million tons, The West Australian newspaper reported today (Monday).
The iron ore industry in Western Australia is running at full speed, led by Rio Tinto, which broke its quarterly shipment record, winning a "tight race" and BHP $BHP (+1,14 %)which accelerated production despite a dispute with China, the report added.