Rio Tinto announced the shipment of 4B tons of iron ore from the Pilbara in Western Australia to China. The shipment was loaded at Dampier Port on July 19, bound for China Baowu Steel Group. This milestone comes 51 years after the first shipment of almost 22,000 tons of Pilbara iron ore was sent from Dampier Port to China’s Shanghai No.1 Steel Mill, which has since become part of China Baowu. Over more than half a century, China has grown to become Rio Tinto’s largest customer with about 250 million tons of iron ore shipped each year.
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