Rio Tinto plc Sponsored ADR (RIO.US) resumes operations at three ports in Pilbara after tropical cyclone "Narelle" passes.

Rio Tinto plc Sponsored ADR (RIO.US) said on Monday that three out of four iron ore export terminals in the Pilbara region of Western Australia have resumed operations after the passage of tropical cyclone "Narelle". Although shipments were temporarily interrupted by the cyclone, the company's full-year shipping guidance remains unchanged. Earlier this month, tropical cyclone "Narelle" brought heavy rainfall and power outages to the northeast coast of Australia, forcing the mining giant to temporarily close two alumina refineries. South32 also suspended operations at the Gemco manganese mine, a joint venture with Anglo American Resources. Last week, "Narelle" made landfall on the northwest coast of Australia, leading to the closure of the ports in the iron ore hub of the Pilbara region. The world's largest iron ore producer, Rio Tinto plc Sponsored ADR, stated that three terminals had resumed loading operations on March 28 following the closure on March 24. The company said that the fourth terminal, Cape Lambert A, which is currently undergoing repairs, is expected to resume shipments in the "coming days". Rio Tinto plc Sponsored ADR stated that the two tropical cyclones in February and March are estimated to have impacted the company's iron ore shipments by around 8 million tonnes and added that they have devised plans to recover approximately half of these losses. The company maintains its shipping guidance for the Pilbara iron ore for 2026, which remains at 323 million to 338 million tonnes.