StockMarketWire.com - Rio Tinto said it had declared force majeure on some iron ore contracts after its port facilities were damaged by a cyclone in the Pilbara region of Western Australia state.

The company said its iron ore operations were progressively resuming.

'However, initial inspections uncovered some damage to the Cape Lambert A port facility,' it said.

'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, combined with damage caused to the port by fire in January, would result in a loss of around 14m tonnes of production in 2019.

As a result, Rio Tinto's Pilbara shipments in 2019 were expected to be at the lower end of its 338m and 350m tonnes guidance.



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