Rio Tinto Limited
(ASX:RIO) says it has achieved landmark Pilbara iron ore operational performance ahead of schedule.
The global miner reports its Pilbara iron ore system of mines, rail and ports has reached a run rate of 290 million tonnes per year two months ahead of schedule.
Iron Ore chief Andrew Harding says the performance milestone adds real value to the business and its shareholders by moving more iron ore through the Pilbara at low cost.
Looking ahead the company is focused on the next phase of its expansion toward 360 million tonnes per year with infrastructure set to be completed in the first half of 2015.
Rio Tinto swung from an annual loss to a profit of $1.2 billion in the 2013 calendar year.
