Rio Tinto on Friday said first-quarter iron-ore shipments will be affected by flood damage from a tropical cyclone that lashed northwest Australia, but stuck with its full-year guidance for 2025.

A railcar dumper at the East Intercourse Island (EII) port facility, which shipped 45 million tonnes of total Rio Tinto Iron Ore shipments in 2024, was flooded after the weather event passed the coast, delivering 274mm to Karratha on 20 January 2025.

Rio Tinto (RTPPF.PK, RIO.L, RIO, RTNTF.PK) announced that Tropical Cyclone Sean brought record rainfall to parts of the Pilbara

Fortescue, the world's fourth-biggest iron-ore producer, said it shipped 49.4 million metric tons in the three months ended Dec. 31. That was 1% higher than the same period a year earlier and 4% higher than the quarter immediately prior.