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Rio Tinto's third-quarter iron ore shipments rise 6% sequentially

(Reuters) -Rio Tinto reported a 6% sequential rise in third-quarter iron ore shipments on Tuesday, despite planned major maintenance activities and infrastructure works which will continue in the fourth quarter.  The world's biggest iron ore producer shipped 84.3 million tonnes (Mt) of the steel-making commodity from its Pilbara operations in the three months ended September 30, compared with 79.9 Mt shipped in the previous quarter. That marginally missed the Visible Alpha consensus estimate of 85.5 Mt.  (Reporting by Rishav Chatterjee & Rajasik Mukherjee in Bengaluru; Editing by Pooja Desai)

(The article has been published through a syndicated feed. Except for the headline, the content has been published verbatim. Liability lies with original publisher.)

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