Financial Times reports on guidance from big iron ore miner Rio Tinto
Expects iron ore shipments to come in at the lower end of its target for 2017 at 330m tonnes (previous iron ore guidance for 2017 was between 330 to 340m tonnes)
- Cites production in H1 & continued rail maintenance in H2
Also revised down its expected share of 2017 hard coking coal production to 7.2 to 7.8m tonnes from 7.8 to 8.4m tonnes previously on the impact of Cyclone Debbie
More detail here at the FT article, may be gated: Rio Tinto lowers iron ore guidance to 330m tonnes
