Rio Tinto issues update on Tropical Cyclone Veronica
Published by Stephanie Roker,
Editor
Dry Bulk,
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 t 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 million t and 350 million t (100% basis) guidance provided.
Safety remains the company’s top priority as it ramps up operations and undertakes the necessary remediation work, following the passing of the cyclone.
Read the article online at: https://www.drybulkmagazine.com/ports-terminals/01042019/rio-tinto-issues-update-on-tropical-cyclone-veronica/
You might also like
Ready to revolutionise the cement industry?
Join our sister publication, World Cement, in Lisbon, 10 – 13 March 2024, for their first in-person conference and exhibition: EnviroTech.
This exclusive knowledge and networking event will bring together cement producers, industry leaders, technical experts, analysts, and other stakeholders to discuss the latest technologies, processes, and policies being deployed at the forefront of the cement industry’s efforts to reduce its environmental footprint.
HES International concludes sale of German DHUG terminal to Stahl Holding Saar
HES International B.V. has concluded the sale of Dillinger Hafen-Umschlagsgesellschaft mbH. (hereafter DHUG) in the port of Saarlouis/ Dillingen in Germany to the German Stahl-Holding-Saar GmbH & Co. KGaA (hereafter SHS).