Rio Tinto plc Restarts Pilbara Ports After Cyclone Narelle, Keeps 2026 Iron Ore Forecast
Rio Tinto resumed ship loading at three of four Pilbara iron ore terminals on March 28 after cyclone damage, with Cape Lambert A still under repair. Cyclones cut about 8 million tonnes from shipments, but Rio expects to recover half and kept its 2026 Pilbara shipment forecast unchanged. London-listed shares rose 3.5% on Monday.