Rio Sets Q4 Production Record

Rio Tinto (LSE:RIO,NYSE:RIO,ASX:RIO) has beaten its 2013 copper and iron ore guidance, The Australian reported.

As quoted in the market news:

Rio’s WA iron ore mines, which provide most of the mining giant’s profit, produced a record 66.5 million tonnes in the December quarter, up 3 per cent from the September quarter (which was also a record) and bringing total 2013 production, including from its smaller Canadian operations and joint venture partners’ share, to 266 million tonnes, just higher than recent guidance of 265 million tonnes.

Read the full article in The Australian