Mining giant Rio Tinto Limited
(ASX:RIO) has increased its global iron ore output and shipments in the first half of the 2015 calendar year.
Quarterly production rose 9 per cent to 79.7 million tonnes, meaning first half production rose 11 per cent to 154.3 million tonnes.
Global shipments increased 8 per cent over the quarter to 81.4 million tonnes and over the half gained 8 per cent to 153.9 million tonnes.
CEO Sam Walsh says Rio Tinto maintained its emphasis on efficiency and protecting returns which he believes is reflected in the solid production performance.
Rio Tinto reported a net profit of $7.92 billion in the 2014 calendar year.
