Rio Tinto said iron ore shipments from its Australian mining operations are likely to be at the lower end of guidance following disruptions from four cyclones during the first quarter of the year.

Rio Tinto on Wednesday reported its lowest first-quarter iron ore shipments since 2019 and warned that more weather disruptions could lead to a 2025 forecast miss, after cyclones impacted the miner's Pilbara operations.

Rio Tinto Group’s first-quarter iron ore shipments fell 9% from the year before to a six-year low, after tropical cyclones disrupted exports from its key Australian terminal.