19 Jul 2012

Rio Tinto iron ore output flat

7:00 am on 19 July 2012

Rio Tinto produced 48.6 million tonnes of iron ore in the three months to 30 June - down slightly on last year when almost 48.9 million tonnes was produced in the same quarter.

Sales of iron ore also dropped slightly below production, raising concerns about the slowdown in Chinese demand.

The ABC reports iron ore prices have also fallen by around a quarter since last year.

Iron ore makes up about 80% of Rio's earnings, and its share price closed 5 cents lower at $A54.44 on Tuesday.

However, Rio reported higher output in steelmaking coal, copper, uranium and bauxite.