Kumba Iron Ore reports Q3 production and sales growth despite logistical challenges

For the quarter ending September 30, Kumba Iron Ore boosted production by 3% to 9.4 million tons, compared to the previous quarter ending in June, and remains on track to achieve its full-year target of between 35 million and 37 million tons for 2024.

Sales volumes for the third quarter also saw a 2% increase, reaching 9 million tons compared to the same period last year. However, production experienced a 6% decline when evaluated against the second quarter of this year.