Jul 15, 2026 – 8.59amRio Tinto’s flagship iron ore division has bounced back from a slow start to the year but is spending more to produce each tonne of the steelmaking ingredient, including a $180 million hit from higher diesel prices.Rio exported 85.26 million tonnes of Australian iron ore in the three months to June 30; a 7 per cent increase on last year.Subscribe to gift this articleGift 5 articles to anyone you choose each month when you subscribe.Subscribe nowAlready a subscriber? Fetching latest articles
Rio Tinto takes $180m diesel slug as iron ore exports bounce back
Rio Tinto’s flagship Australian iron ore division has bounced back from a slow start to the year, but war in the Middle East is inflating operating costs.
85 words~1 min read
