Rio Tinto Limited
(ASX:RIO) has reaffirmed its 2013 iron ore production guidance after increasing global iron ore shipments in the third quarter.
Rio says it posted 68 million tonnes of global iron ore shipments, a four per cent increase compared to the previous corresponding period.
For the first nine months of the year, the miner's global iron ore shipments were 186.6 million tonnes, a four per cent increase compared to the same period a year ago.
Full-year iron ore production guidance is unchanged at 165 million tonnes, subject to weather constraints.
The miner says it’s achieved record iron ore production and shipments in Western Australia after officially opening its Pilbara 290 port and rail expansion four months ahead of schedule.
Rio says it continues to cut costs and make productivity gains.
Rio Tinto delivered a net profit of $1.8 billion in the first half of fiscal 2013.
