REG - Rio Tinto - Update on Tropical Cyclone Veronica
RNS Number : 5835URio Tinto PLC31 March 2019Update on Tropical Cyclone Veronica
1 April 2019
Rio Tinto's iron ore operations in the Pilbara, Western Australia, are progressively resuming following the passing of Tropical Cyclone Veronica. However, initial inspections uncovered some damage to the Cape Lambert A port facility. As a result, Rio Tinto has declared force majeure on certain contracts and is working with its customers to minimise any disruption in supply.
The impact of the disruption to production caused by the cyclone and repairing the damage sustained at the port facilities, combined with the damage caused by the fire at Cape Lambert A in January, will result in a loss of approximately 14 million tonnes of production in 2019. As a result Rio Tinto's Pilbara shipments in 2019 are expected to be at the lower end of the 338 and 350 million tonnes (100 per cent basis) guidance provided.
Safety remains our top priority as we ramp up operations, and undertake the necessary remediation work, following the passing of the cyclone.
Notes for editors
Cape Lambert A is an iron ore terminal capable of loading more than 85 Mt/a. Principal products loaded through this port are Hamersley Iron Yandicoogina (HIY) and Robe River products. In 2018, Rio Tinto shipped 57.4Mt of HIY and 32Mt of Robe River products.
Contacts
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Nick Parkinson
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Investor Relations, Australia
Natalie Worley
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Rachel Storrs
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M +61 417 401 018
Rio Tinto plc
6 St James's Square
London SW1Y 4AD
United Kingdom
T +44 20 7781 2000
Registered in England
No. 719885
Rio Tinto Limited
Level 7, 360 Collins Street
Melbourne 3000
Australia
T +61 3 9283 3333
Registered in Australia
ABN 96 004 458 404
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