Rio Tinto Group (RIO) reported iron ore shipments (on a 100% basis) of 70.7 million tons (Mt) for the first quarter of 2025, a 9% decline year over year. This was the lowest first-quarter shipment volume for the company since 2019, when it totaled 69.1 Mt. Iron ore production dipped 10% to 69.8 Mt. Both production and shipping were affected by four cyclones during the quarter. Bauxite production rose 12% to a record 15 Mt in the quarter. Amrun continued to operate above nameplate capacity as the implementat ...