trending Market Intelligence /marketintelligence/en/news-insights/trending/0OzYDzWp0A4wiAtI4IAjkw2 content esgSubNav
In This List

Rio Tinto declares force majeure on certain Pilbara iron ore shipments post-fire

Blog

Japan M&A By the Numbers: Q4 2023

Blog

Infographic: The Big Picture 2024 – Energy Transition Outlook

Case Study

An Oil and Gas Company's Roadmap for Strategic Insights in a Quickly Evolving Regulatory Landscape

Blog

Essential IR Insights Newsletter Fall - 2023


Rio Tinto declares force majeure on certain Pilbara iron ore shipments post-fire

Rio Tinto declared force majeure on some of its iron ore shipments due to a fire earlier this month at its Cape Lambert port facility in Pilbara, Western Australia, Reuters reported Jan. 14.

The fire damaged part of the Robe River facility at Cape Lambert, which separates lump and fine iron ore products, according to the report.

Rio Tinto has a 53% stake in the Robe River Iron Associates joint venture, and partners Mitsui & Co. Ltd. and Nippon Steel & Sumitomo Metal Corp. have a 33% and 14% stake, respectively.

The company said the fire had no impact on the shipping of all other Pilbara iron ore products.