The three major iron ore giants released the second quarter production performance report

1. BHP Billiton's iron ore output in the second quarter increased by 9% month-on-month
BHP Billiton's 2021 fiscal year performance report shows that the iron ore output in 2021 was 253.5 million tons, an increase of 2% year-on-year. Among them, the iron ore output in the second quarter of fiscal 2021 was 65.2 million tons, a year-on-year decrease of 2% and a month-on-month increase of 9%.
BHP stated that the production growth was advantaged by two major factors: First, the quarterly output of the entire C mining area (Area C) reach a new high, including the South Flank iron ore (South Flank), which was successfully put into production in May 2021; Second, the stability of the supply chain continues to achieve strong production operations.
 
2. VALE of Brazil: Iron ore production in the second quarter of 2021 will increase by 11% month-on-month
Recently, VALE announced its production and sales report for the second quarter of 2021: Vale’s iron ore fines output reached 75.7 million tons, an increase of 11.3% from the first quarter. In the second quarter, Vale's pellet output still reached 8 million tons, an increase of 27.4% from the first quarter. Sales of iron ore fines and pellets reached 74.9 million tons, an increase of 14.2% from the first quarter.
VALE said that due to favorable seasonal factors brought about by better weather conditions, Vale’s iron ore output continued to grow, reaching 11% month-on-month, and its current annual production capacity reached 330 million tons. If this level of production capacity can be sustained, average daily output will reach 1 million tons in the second half of 2021.
 
3. Rio Tinto announces its production results for the second quarter of 2021
According to the report, Pilbara iron ore output was 75.9 million tons (100% equity basis), a year-on-year decrease of 9%, and shipping volume was 76.3 million tons (100% equity basis), a year-on-year decrease of 12%. And inventory has also decreased.
Rio Tinto Group stated that the Pilbara The output and shipment volume of iron ore have declined due to the higher than average rainfall days in the western Pilbara, the suspension of production of some mines due to the launch of new alternative capacity projects, the availability of processing plants, and the management of community cultural heritage, 

It is understood that Rio Tinto's 2021 Pilbara iron ore production guidance target is 3.25-340 million tons.