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Regulatory Story
Company Rio Tinto PLC
TIDM RIO
Headline First quarter operations review
Released 07:00 16-Apr-2019
Number 2716W07

RNS Number : 2716W
Rio Tinto PLC
16 April 2019
 

 

Rio Tinto releases first quarter production results

 

16 April 2019

 

Rio Tinto chief executive J-S Jacques said "Our iron ore business faced several challenges at the start of this year, particularly from tropical cyclones. As a result, and following the continuing assessment of damage at the port resulting from the cyclones and other minor disruptions, 2019 guidance for Pilbara shipments is reduced to between 333 and 343 million tonnes. The quarterly operational performance in our other products was solid, generally higher than last year. Our focus remains on safety, delivering our 'value over volume' strategy and allocating capital with discipline, to continue delivering superior returns to our shareholders in the short, medium and long term."

 



Q1 2019

vs Q1 2018

vs Q4 2018

Pilbara iron ore shipments (100% basis)

Mt

69.1

-14%

-21%

Pilbara iron ore production (100% basis)

Mt

76.0

-9%

-12%

Bauxite

kt

12,763

+1%

+8%

Aluminium

kt

796

+0%

-3%

Mined copper

kt

143.9

+3%

-5%

Titanium dioxide slag

kt

296

+1%

+1%

IOC iron ore pellets and concentrate

Mt

2.5

+5%

-13%

 

Operational update

Pilbara iron ore shipments of 69.1 million tonnes (100 per cent basis) in the first quarter were 14 per cent lower than the first quarter of 2018. Production was significantly impacted by the weather disruptions in March and a fire at Cape Lambert A in January. These events will have an impact on second quarter performance. 

2019 guidance for Pilbara shipments has been revised to between 333 and 343 million tonnes (previously between 338 and 350 million tonnes, 100 per cent basis). The reduction reflects a slower ramp up and ongoing disruption to shipments caused by weather and other disruptions.

Commissioning of the Amrun bauxite mine was completed in March 2019, with the project delivered under budget and ahead of schedule. Bauxite production of 12.8 million tonnes in the quarter was one per cent higher than the same period of 2018, despite several weather events throughout the quarter significantly impacting production at the Amrun, Weipa and Gove mines.

Aluminium production of 0.8 million tonnes was in line with the first quarter of 2018. Excluding the non-managed Becancour smelter, which was impacted by a lock-out, production was one per cent higher, reflecting continued productivity creep.

First quarter mined copper production of 144 thousand tonnes was three per cent higher than the first quarter of 2018, with strong contributions from Oyu Tolgoi and Rio Tinto Kennecott.

Titanium dioxide slag production of 296 thousand tonnes was one per cent higher than the first quarter of 2018.

First quarter production at Iron Ore Company of Canada was five per cent higher than the corresponding quarter of 2018, despite adverse weather conditions impacting production in February.

At the Oyu Tolgoi Underground Project the review of the mine design and the development schedule is continuing. The commissioning of the main production shaft (Shaft 2) is now expected to complete in October 2019.

On 27 February 2019, Rio Tinto announced it had discovered copper-gold mineralisation in the Paterson Province in the far east Pilbara region of Western Australia.

On 8 April 2019, Rio Tinto announced the approval of the construction of the Zulti South project at Richards Bay Minerals (RBM) in South Africa for $463 million (Rio Tinto share $343 million).

On 15 April 2019, Rio Tinto announced it had committed $302 million ($166 million Rio Tinto share) of additional expenditure to advance its Resolution Copper project in the US state of Arizona

 

 

All figures in this report are unaudited. All currency figures in this report are US dollars, and comments refer to Rio Tinto's share of production, unless otherwise stated. To allow production numbers to be compared on a like-for-like basis, production from asset divestments completed in 2018 is excluded from Rio Tinto share of production data but assets sold in 2019 remain in comparisons.

 

 

IRON ORE

 

Rio Tinto share of production (million tonnes)


Q1 2019

vs Q1 2018

vs Q4 2018

Pilbara Blend Lump

20.0

-4%

-8%

Pilbara Blend Fines (a)

28.8

-3%

-9%

Robe Valley Lump

0.6

-60%

-55%

Robe Valley Fines

1.2

-60%

-52%

Yandicoogina Fines (HIY)

13.5

-3%

-9%

Total Pilbara production

64.1

-7%

-11%

Total Pilbara production (100% basis)

76.0

-9%

-12%

Total Pilbara shipments (100% basis)

69.1

-14%

-21%

(a)   Pilbara Blend Fines sales include 1.5 million tonnes of other lower grade materials in Q1 2019

 

Pilbara operations

Pilbara operations produced 76.0 million tonnes (Rio Tinto share 64.1 million tonnes) in the first quarter, nine per cent lower than the same period in 2018. Production was impacted by a fire at Cape Lambert A in January, which affected Robe Valley Lump and Fines production, and significant disruptions caused primarily by Tropical Cyclone Veronica in March.

 

First quarter sales of 69.1 million tonnes (Rio Tinto share 58.2 million tonnes) were 14 per cent lower than the same period of last year due to the lower production and damage to the port facilities caused by the cyclone.

 

Approximately 16 per cent of sales in the first quarter were priced by reference to the prior quarter's average index lagged by one month. The remainder was sold either on current quarter average, current month average or on the spot market.

 

Approximately 33 per cent of sales in the quarter were made free on board (FOB), with the remainder sold including freight.

 

Pilbara projects

Following approval of the $2.6 billion investment in the Koodaideri replacement mine in November 2018, the project is now progressing to plan with engineering and procurement activities on schedule and site construction works commenced.

 

The two Robe River Joint Venture projects (West Angelas and Robe Valley), which will sustain production capacity, are progressing. The projects are currently in the process of seeking environmental approvals. Engineering and procurement activities are on schedule and establishment activities at both locations have commenced.

 

2019 guidance

On 1 April 2019, Rio Tinto announced that the impact of the disruption caused by Tropical Cyclone Veronica in March, combined with the impact of the fire at Cape Lambert A in January, was expected to result in a loss of approximately 14 million tonnes of production in 2019.

 

Following further assessment, the damage to the port from Tropical Cyclone Veronica is expected to result in ongoing disruption to shipments, with recovery work further hindered by Tropical Cyclone Wallace. As a result, Rio Tinto's Pilbara shipments in 2019 are now expected to be between 333 and 343 million tonnes (previously at the lower end of the guidance range of between 338 and 350 million tonnes, 100 per cent basis). The recovery in the second quarter will remain subject to weather.

 

On 6 April 2019, a minor fire occurred in a screen house at the East Intercourse Island port. Operations at the facility have restarted.

 

Rio Tinto's Pilbara unit cost guidance in 2019 remains at $13 - $14 per tonne.



 

ALUMINIUM

 

Rio Tinto share of production ('000 tonnes)


Q1 2019

vs Q1 2018

vs Q4 2018

Rio Tinto Aluminium




Bauxite

12,763

+1%

+8%

Bauxite third party shipments

8,842

+7%

+20%

Alumina

2,008

+1%

-1%

Aluminium

796

+0%

-3%

 

Bauxite

First quarter bauxite production of 12.8 million tonnes was one per cent higher than the same period of 2018. Increased production capacity following the expansion of Amrun in Queensland was partly offset by weather events throughout the quarter at Weipa, Amrun and Gove, which significantly impacted production. Amrun ramp-up is progressing well, with production rates as per plan. The expansion project at CBG, a non-managed JV, is progressing, with full ramp up expected in 2019.

 

8.8 million tonnes of bauxite were shipped to third parties in the first quarter, seven per cent higher than same period of 2018.

 

Amrun

The Amrun project was officially opened on 8 March 2019 and commissioning is complete. The project and construction workforce has been demobilised.

 

Alumina

Alumina production in the first quarter of 2019 was one per cent higher than the same period in 2018.

 

Aluminium

Aluminium production of 0.8 million tonnes in the first quarter was in line with the corresponding period of 2018. Excluding production from the non-managed Becancour smelter, which continues to be impacted by a lock-out, production was one per cent higher, reflecting continued productivity creep.

 

Kemano

At the Kemano hydro-power facility at Kitimat, British Columbia, boring of the tunnel commenced on 9 March 2019. The $0.5 billion project is due to be completed by late-2020.

 

2019 guidance

2019 guidance is unchanged. Rio Tinto's expected share of bauxite production in 2019 is between 56 and 59 million tonnes. Aluminium production guidance is between 3.2 and 3.4 million tonnes and alumina production guidance is 8.1 to 8.4 million tonnes.

 



 

COPPER & DIAMONDS

 

Rio Tinto share of production ('000 tonnes)


Q1 2019

vs Q1 2018

vs Q4 2018

Mined copper




Rio Tinto Kennecott

52.5

+48%

-10%

Escondida

76.0

-16%

-5%

Oyu Tolgoi

15.4

+18%

+11%





Refined copper




Rio Tinto Kennecott

29.6

-16%

-54%

Escondida

18.7

-10%

-13%





Diamonds ('000 carats)




Argyle

2,786

-22%

-13%

Diavik

1,010

-5%

-6%

 

Rio Tinto Kennecott

First quarter mined copper production was 48 per cent higher than the same period of 2018 as mining activity continued in a higher grade area of the pit, coupled with productivity improvements and increased plant throughput.

 

Refined copper was 16 per cent lower than the first quarter of 2018 and significantly lower than the previous quarter due to a planned anode furnace shutdown at the smelter in February.

 

Rio Tinto Kennecott continues to toll and purchase third party concentrate to optimise smelter utilisation, with 5.6 thousand tonnes of concentrate received for processing in the first quarter of 2019, compared with 51.8 thousand tonnes in the first quarter of 2018. Purchased and tolled copper concentrate are excluded from reported production figures.

 

As previously guided, the production profile will see increased variability in grade in 2019 as operations mine in lower levels of the pit, together with waste stripping related to the south wall pushback expansion. Anticipated south wall pushback grades begin to increase in late-2020 and are expected to offset this variability over the longer term.

 

Grades were also higher in the first quarter for molybdenum, with concentrate production 29 per cent higher than the same quarter in 2018. Molybdenum concentrate production is expected to increase in the second quarter of 2019.

 

Escondida

Mined copper production at Escondida in the first quarter of 2019 was 16 per cent lower than the same period of 2018 due to lower grades.

 

Oyu Tolgoi

Mined copper production from the open pit in the first quarter of 2019 was 18 per cent higher than the same period in 2018, with higher copper grades and recovery partly offset by lower plant throughput due to the processing of harder ore.

 

Oyu Tolgoi Underground Project

Work is underway at the Oyu Tolgoi Underground Project to understand the overall cost and schedule impacts resulting from the review of the mine design and delays with the fit-out and commissioning work on Shaft 2, as announced in February 2019.

 

Work continues on critical Shaft 2 equipping activities, central heating plant, mine infrastructure, underground materials handling systems and on priority underground development. Pre sinking works for Shaft 3 and Shaft 4 have commenced.

 

The mine design work, announced in February, to adjust to more detailed geotechnical information and difficult ground conditions continues. Also as announced in February, there have been further delays in the technically complex fit-out and commissioning work on the main production and services shaft (Shaft 2). It is now anticipated that the commissioning of Shaft 2 will be completed by the end of October 2019. This further delay in Shaft 2 will impact on the timeline for other activities in the underground development, and the impact of this and of the mine design work referred to above on the overall project schedule and costs will be announced once the necessary work has been completed.  

 

The total project workforce was around 9,000 at the end of the first quarter, with a continued high (89 per cent) participation rate of Mongolian nationals.

 

Resolution Copper

On 15 April 2019, Rio Tinto announced it had committed $302 million ($166 million Rio Tinto share) of additional expenditure to advance its Resolution Copper project in the US state of Arizona. The investment will fund additional drilling, ore-body studies, infrastructure improvements and permitting activities as Rio Tinto looks to progress the project to the final stage of the project's permitting phase.

 

Diamonds

At Argyle, carat production in the first quarter of 2019 was 22 per cent lower than the same period in 2018 due to lower recovered grade.

 

At Diavik, carats recovered in the first quarter were five per cent lower than the first quarter of 2018, as lower recovered grades were partially offset by higher ore processing.

 

2019 guidance

2019 guidance is unchanged. Rio Tinto's share of mined copper production for 2019 is expected to be between 550 and 600 thousand tonnes, subject to grade availability. Refined copper production is expected to be between 220 and 250 thousand tonnes.

 

Diamond production guidance for 2019 is between 15 and 17 million carats.



 

ENERGY & MINERALS

 

Rio Tinto share of production


Q1 2019

vs Q1 2018

vs Q4 2018

Iron ore pellets and concentrate (million tonnes)




IOC

2.5

+5%

-13%





Minerals ('000 tonnes)




Borates - B2O3 content

115

-7%

-3%

Salt

1,310

-13%

-12%

Titanium dioxide slag

296

+1%

+1%





Uranium ('000 lbs)




Energy Resources of Australia

793

+19%

-14%

Rössing

802

-6%

-18%

 

Iron Ore Company of Canada (IOC)

First quarter production at IOC was five per cent higher than the corresponding period of 2018, despite adverse weather disruptions experienced in February.

 

Pellet production of 2.7 million tonnes (Rio Tinto share 1.6 million tonnes) was two per cent higher than the first quarter of 2018. Concentrate production for sale of 1.5 million tonnes (Rio Tinto share 0.9 million tonnes) was 11 per cent higher than the first quarter of 2018.

 

Borates

First quarter borates production was seven per cent lower than the first quarter of 2018, due to the impact of higher than average rainfall and the temporary curtailment of production at the evaporator. Normal production levels resumed in March, and production will continue to be aligned to customer demand.

 

Iron and Titanium

Titanium dioxide feedstock production in the first quarter was one per cent higher than the same period of 2018.

 

Three of nine furnaces at Rio Tinto Fer et Titane were idle for most of the first quarter, however two of these furnaces are restarting and currently ramping up. Three of four furnaces at RBM are currently in operation. A decision to re-start idle furnaces will be based on maximising value over volume.

 

On 8 April 2019, Rio Tinto approved the next stage in the development of RBM through the construction of the Zulti South project. The $463 million (Rio Tinto share $343 million) investment will sustain RBM's current capacity and extend the mine life.

 

Salt

Salt production in the first quarter of 2019 was 13 per cent lower than the first quarter of 2018 due to the impact of Tropical Cyclone Veronica. Production will continue to be aligned to customer demand.

 

Uranium

Energy Resources of Australia continues to process existing stockpiles. First quarter production was 19 per cent higher than the first quarter of 2018 due to higher mill throughput, grade and recoveries.

 

First quarter production at Rössing Uranium was six per cent lower than the same quarter of 2018, with lower mill throughput partially offset by higher grade.

 

On 26 November 2018, Rio Tinto announced it had entered into a binding agreement with China National Uranium Corporation for the sale of its entire 68.62 per cent stake in Rössing Uranium. The transaction is subject to certain conditions precedent including merger approval from the Namibian Competition Commission. Subject to these conditions precedent being met, the transaction is expected to complete in the first half of 2019.

 

2019 guidance

2019 guidance is unchanged. At IOC, guidance for Rio Tinto's expected share of iron ore pellets and concentrates production in 2019 is between 11.3 and 12.3 million tonnes. Titanium dioxide slag production guidance is between 1.2 and 1.4 million tonnes, and boric oxide equivalent production guidance is 0.5 million tonnes.

 



 

EXPLORATION AND EVALUATION

 

Pre-tax and pre-divestment expenditure on exploration and evaluation charged to the profit and loss account in the first quarter of 2019 was $124 million, compared with $101 million in the first quarter of 2018. Approximately 51 per cent of this expenditure was incurred by central exploration, 38 per cent by Copper & Diamonds, seven per cent by Energy & Minerals and the remainder by Iron Ore and Aluminium.

 

There were no significant divestments of central exploration properties in the first quarter of 2019.

 

Exploration highlights

Rio Tinto has a strong portfolio of projects with activity in 16 countries across seven commodities. The bulk of the exploration expenditure in this quarter was focused on copper targets in Australia, Canada, Chile, Kazakhstan, Mongolia, Papua New Guinea, Peru, Serbia, United States, Zambia and diamond projects in Canada. Mine-lease exploration continued at a number of Rio Tinto managed businesses including Pilbara Iron in Australia, Oyu Tolgoi in Mongolia, Weipa in Australia, Diavik in Canada, as well as Bingham, Resolution and Boron in the US.

 

A summary of activity for the quarter is as follows:

 

Product Groups

Studies stage

Advanced exploration

projects

Greenfield/ Brownfield

programmes

Aluminium

Cape York, Australia

Amargosa, Brazil

Sanxai, Laos

Cape York, Australia

Copper & Diamonds

Copper/molybdenum: Resolution, US

Copper: La Granja, Peru

Nickel: Tamarack, US

Diamonds: FalCon, Canada

Copper Greenfield: Australia, Chile, China, Kazakhstan, Mongolia, Papua New Guinea, Peru, Serbia, US, Zambia

Copper Brownfield: Bingham, Resolution, US Oyu Tolgoi, Mongolia

Nickel Greenfield: Canada, Uganda

Diamonds Greenfield: Canada

Diamonds Brownfield: Diavik, Canada

Energy & Minerals

Lithium borates: Jadar, Serbia

Potash: KP405, Canada

Heavy mineral sands: Mutamba, Mozambique and Zulti South, South Africa

Uranium: Roughrider, Canada

 

Heavy mineral sands: Tanzania

Industrial Minerals: Serbia

 

Iron Ore

Pilbara, Australia

Pilbara, Australia

Pilbara, Australia



 

Forward-looking statements

 

This announcement may include "forward-looking statements" within the meaning of the US Private Securities Litigation Reform Act of 1995. All statements other than statements of historical facts included in this announcement, including, without limitation, those regarding Rio Tinto's production forecast or guidance, financial position, business strategy, plans and objectives of management for future operations (including development plans and objectives relating to Rio Tinto's products and reserve and resource positions), are forward-looking statements. The words "intend", "aim", "project", "anticipate", "estimate", "plan", "believes", "expects", "may", "should", "will", "target", "set to", "assumes" or similar expressions, commonly identify such forward looking statements.

 

Such forward-looking statements involve known and unknown risks, uncertainties and other factors which may cause the actual production, performance or results of Rio Tinto to be materially different from any future production, performance or results expressed or implied by such forward-looking statements. Such forward-looking statements could be influenced by such risk factors as identified in Rio Tinto's most recent Annual Report and Accounts in Australia and the United Kingdom and the most recent Annual Report on Form 20-F filed with the United States Securities and Exchange Commission (the "SEC") or Form 6-Ks furnished to, or filed with, the SEC. Forward-looking statements should, therefore, be construed in light of such risk factors and undue reliance should not be placed on forward-looking statements. These forward-looking statements speak only as of the date of this announcement. Rio Tinto expressly disclaims any obligation or undertaking (except as required by applicable law, the UK Listing Rules, the Disclosure and Transparency Rules of the Financial Conduct Authority and the Listing Rules of the Australian Securities Exchange) to release publicly any updates or revisions to any forward-looking statement contained herein to reflect any change in Rio Tinto's expectations with regard thereto or any change in events, conditions or circumstances on which any such statement is based.

 

Nothing in this announcement should be interpreted to mean that future earnings per share of Rio Tinto plc or Rio Tinto Limited will necessarily match or exceed its historical published earnings per share. 

 



 

Contacts

 


media.enquiries@riotinto.com




www.riotinto.com




·       Follow @riotinto on Twitter




Media Relations, United Kingdom

Media Relations, Australia

Illtud Harri

M +44 7920 503 600

Jonathan Rose

T +61 3 9283 3088

M +61 447 028 913



David Outhwaite

T +44 20 7781 1623

M +44 7787 597 493

Jesse Riseborough

T +61 8 6211 6013

M +61 436 653 412



Media Relations, Canada


Matthew Klar

T +1 514 608 4429




Investor Relations, EMEA/Americas

Investor Relations, Australia/Asia

John Smelt

T +44 20 7781 1654

M +44 7879 642 675

Natalie Worley

T +61 3 9283 3063

M +61 409 210 462



David Ovington

T +44 20 7781 2051

M +44 7920 010 978

Rachel Storrs

T +61 3 9283 3628

M +61 417 401 018



Nick Parkinson

M +61 436 637 571

 






Rio Tinto plc

6 St James's Square

London SW1Y 4AD

United Kingdom

 

T +44 20 7781 2000
Registered in England

No. 719885

Rio Tinto Limited

Level 7, 360 Collins Street

Melbourne 3000

Australia

 

T +61 3 9283 3333

Registered in Australia

ABN 96 004 458 404

 

 



 

 

Rio Tinto production summary











Rio Tinto share of production













Quarter


Full Year


% Change



2018
Q1

2018
Q4

2019
Q1


2018
 


Q1 19
vs
Q1 18

Principal Commodities









Alumina

('000 t)

1,990

2,020

2,008


7,980


1%

-1%

Aluminium

('000 t)

795

817

796


3,231


0%

-3%

Bauxite

('000 t)

12,653

11,790

12,763


50,421


1%

8%

Borates

('000 t)

124

118

115


512


-7%

-3%

Copper - mined

('000 t)

139.3

151.9

143.9


607.6


3%

-5%

Copper - refined

('000 t)

56.1

86.1

48.3


274.8


-14%

-44%

Diamonds

('000 cts)

4,616

4,290

3,796


18,427


-18%

-12%

Iron Ore

('000 t)

71,436

75,018

66,581


290,800


-7%

-11%

Titanium dioxide slag

('000 t)

294

294

296


1,116


1%

1%

Uranium

('000 lbs)

1,515

1,904

1,595


6,764


5%

-16%

Other Metals & Minerals









Gold - mined

('000 oz)

69.4

118.4

115.4


372.1


66%

-2%

Gold - refined

('000 oz)

40.8

58.6

41.7


198.0


2%

-29%

Molybdenum

('000 t)

1.5

2.2

1.9


5.8


29%

-15%

Salt

('000 t)

1,514

1,496

1,310


6,153


-13%

-12%

Silver - mined

('000 oz)

1,237

1,586

1,481


5,656


20%

-7%

Silver - refined

('000 oz)

867

807

617


2,865


-29%

-24%











Throughout this report, figures in italics indicate adjustments made since the figure was previously quoted on the equivalent page. Production figures are sometimes more precise than the rounded numbers shown, hence small differences may result between the total of the quarter figures and the year to date figures.

 

Rio Tinto share of production










Rio Tinto
interest

Q1
2018

Q2
2018

Q3
2018

Q4
2018

Q1
2019

Full Year
2018









ALUMINA








Production ('000 tonnes)








Jonquière (Vaudreuil)

100%

362

365

363

354

373

1,444

Jonquière (Vaudreuil) specialty Alumina plant

100%

31

32

31

29

25

124

Queensland Alumina

80%

717

752

748

742

711

2,958

São Luis (Alumar)

10%

87

87

85

92

86

351

Yarwun

100%

793

763

744

803

813

3,103

Rio Tinto total alumina production


1,990

1,999

1,972

2,020

2,008

7,980









ALUMINIUM








Production ('000 tonnes)








Australia - Bell Bay

100%

47

47

48

48

45

189

Australia - Boyne Island

59%

72

74

75

74

73

295

Australia - Tomago

52%

75

76

78

77

74

305

Canada - six wholly owned

100%

398

402

407

408

400

1,616

Canada - Alouette (Sept-Îles)

40%

58

58

59

58

58

234

Canada - Bécancour

25%

10

9

8

8

4

34

Iceland - ISAL (Reykjavik)

100%

52

53

53

54

52

212

New Zealand - Tiwai Point

79%

66

67

68

70

71

270

Oman - Sohar

20%

17

19

20

20

19

76

Rio Tinto total aluminium production


795

805

814

817

796

3,231










BAUXITE








Production ('000 tonnes) (a)








Gove

100%

3,124

3,274

2,893

3,250

3,004

12,540

Porto Trombetas

12%

353

393

342

489

285

1,576

Sangaredi

   (b)

1,745

1,657

1,261

1,204

1,558

5,868

Weipa

100%

7,431

7,955

8,204

6,847

7,917

30,437

Rio Tinto total bauxite production

12,653

13,279

12,700

11,790

12,763

50,421

(a) Mine production figures for metals refer to the total quantity of metal produced in concentrates, leach liquor or doré bullion irrespective of whether these products are then refined onsite, except for the data for bauxite and iron ore which represent production of marketable quantities of ore plus concentrates and pellets.

(b) Rio Tinto has a 22.95% shareholding in the Sangaredi mine but benefits from 45.0% of production.



 

Rio Tinto share of production


 

 

 

 

 

 

 


Rio Tinto
interest

Q1
2018

Q2
2018

Q3
2018

Q4
2018

Q1
2019

Full Year
2018


 

 

 

 

 



BORATES


 

 

 

 



Production ('000 tonnes B2O3 content)








Rio Tinto Borates - borates

100%

124

132

137

118

115

512


 

 

 

 

 



COPPER


 

 

 

 



Mine production ('000 tonnes) (a)








Bingham Canyon

100%

35.4

51.2

59.1

58.3

52.5

203.9

Escondida

30%

90.9

92.4

87.4

79.7

76.0

350.4

Oyu Tolgoi (b)

34%

13.0

13.2

13.2

13.9

15.4

53.3

Rio Tinto total mine production


139.3

156.8

159.7

151.9

143.9

607.6

Refined production ('000 tonnes)


 

 

 



Escondida

30%

20.8

21.0

16.6

21.6

18.7

80.0

Rio Tinto Kennecott

100%

35.3

40.7

54.2

64.6

29.6

194.7

Rio Tinto total refined production

56.1

61.7

70.8

86.1

48.3

274.8

(a) Mine production figures for metals refer to the total quantity of metal produced in concentrates, leach liquor or doré bullion irrespective of whether these products are then refined onsite, except for the data for bauxite and iron ore which represent production of marketable quantities of ore plus concentrates and pellets.

(b) Rio Tinto owns a 33.52% indirect interest in Oyu Tolgoi through its 50.79% interest in Turquoise Hill Resources Ltd.


 

 

 

 

 



DIAMONDS


 

 

 

 



Production ('000 carats)


 

 

 

 



Argyle

100%

3,551

3,476

3,830

3,211

2,786

14,069

Diavik

60%

1,065

1,150

1,066

1,078

1,010

4,358

Rio Tinto total diamond production


4,616

4,626

4,896

4,290

3,796

18,427


 

 

 

 

 



GOLD


 

 

 

 



Mine production ('000 ounces) (a)


 

 

 

 



Bingham Canyon

100%

37.4

45.6

56.6

57.1

53.0

196.7

Escondida

30%

18.0

20.5

19.1

22.1

22.2

79.7

Oyu Tolgoi (b)

34%

14.0

16.8

25.8

39.1

40.2

95.7

Rio Tinto total mine production


69.4

82.8

101.4

118.4

115.4

372.1

Refined production ('000 ounces)


 

 

 



Rio Tinto Kennecott

100%

40.8

48.4

50.3

58.6

41.7

198.0

(a) Mine production figures for metals refer to the total quantity of metal produced in concentrates, leach liquor or doré bullion irrespective of whether these products are then refined onsite, except for the data for bauxite and iron ore which represent production of marketable quantities of ore plus concentrates and pellets.

(b) Rio Tinto owns a 33.52% indirect interest in Oyu Tolgoi through its 50.79% interest in Turquoise Hill Resources Ltd.



 

Rio Tinto share of production










Rio Tinto
interest

Q1
2018

Q2
2018

Q3
2018

Q4
2018

Q1
2019

Full Year
2018









IRON ORE








Production ('000 tonnes) (a)







Hamersley mines

   (b)

53,631

56,034

54,583

56,364

51,218

220,612

Hamersley - Channar

60%

1,136

1,227

604

1,337

931

4,304

Hope Downs

50%

5,342

5,783

5,713

5,845

5,957

22,684

Iron Ore Company of Canada

59%

2,364

871

2,880

2,836

2,481

8,952

Robe River - Pannawonica (Mesas J and A)

53%

4,672

4,048

4,208

4,004

1,870

16,932

Robe River - West Angelas

53%

4,290

4,373

4,021

4,631

4,125

17,316

Rio Tinto iron ore production ('000 tonnes)


71,436

72,336

72,010

75,018

66,581

290,800

Breakdown of Production:








Pilbara Blend Lump


20,714

21,901

20,554

21,674

19,978

84,843

Pilbara Blend Fines


29,769

31,239

29,921

31,652

28,779

122,582

Robe Valley Lump


1,587

1,431

1,470

1,409

635

5,897

Robe Valley Fines


3,086

2,617

2,738

2,595

1,235

11,035

Yandicoogina Fines (HIY)


13,916

14,277

14,446

14,852

13,473

57,491

Pilbara iron ore production ('000 tonnes)


69,072

71,465

69,129

72,182

64,101

281,848

IOC Concentrate


799

572

1,131

1,433

890

3,934

IOC Pellets


1,566

299

1,750

1,403

1,590

5,018

IOC iron ore production ('000 tonnes)


2,364

871

2,880

2,836

2,481

8,952

Breakdown of Sales:








Pilbara Blend Lump


18,062

19,424

17,967

18,439

15,772

73,892

Pilbara Blend Fines (c)


30,746

35,158

31,432

35,205

28,406

132,541

Robe Valley Lump


1,223

1,264

1,174

1,219

457

4,881

Robe Valley Fines


2,996

3,255

2,839

2,996

1,308

12,085

Yandicoogina Fines (HIY)


13,578

14,388

14,583

14,831

12,294

57,380

Pilbara iron ore sales ('000 tonnes)


66,604

73,489

67,995

72,690

58,236

280,778

IOC Concentrate


746

62

1,521

1,558

516

3,887

IOC Pellets


1,574

202

1,659

1,516

1,576

4,950

IOC Iron ore sales ('000 tonnes)


2,320

263

3,180

3,073

2,092

8,837

Rio Tinto iron ore sales ('000 tonnes)

68,925

73,752

71,175

75,763

60,328

289,614

(a) Mine production figures for metals refer to the total quantity of metal produced in concentrates, leach liquor or doré bullion irrespective of whether these products are then refined onsite, except for the data for bauxite and iron ore which represent production of marketable quantities of ore plus concentrates and pellets.

(b) Includes 100% of production from Paraburdoo, Mt Tom Price, Marandoo, Yandicoogina, Brockman, Nammuldi, Silvergrass and the Eastern Range mines. Whilst Rio Tinto owns 54% of the Eastern Range mine, under the terms of the joint venture agreement, Hamersley Iron manages the operation and is obliged to purchase all mine production from the joint venture and therefore all of the production is included in Rio Tinto's share of production.

(c) Pilbara Blend Fines sales include 1.5m tonnes of other lower grade products in Q1 2019.

 



 

Rio Tinto share of production










Rio Tinto
interest

Q1
2018

Q2
2018

Q3
2018

Q4
2018

Q1
2019

Full Year
2018









MOLYBDENUM








Mine production ('000 tonnes) (a)







Bingham Canyon

100%

1.5

0.7

1.4

2.2

1.9

5.8

(a) Mine production figures for metals refer to the total quantity of metal produced in concentrates, leach liquor or doré bullion irrespective of whether these products are then refined onsite, except for the data for bauxite and iron ore which represent production of marketable quantities of ore plus concentrates and pellets.









SALT








Production ('000 tonnes)








Dampier Salt

68%

1,514

1,662

1,481

1,496

1,310

6,153









SILVER








Mine production ('000 ounces) (a)







Bingham Canyon

100%

461

615

708

736

741

2,520

Escondida

30%

702

758

599

771

657

2,830

Oyu Tolgoi (b)

34%

74

75

77

80

83

306

Rio Tinto total mine production


1,237

1,448

1,384

1,586

1,481

5,656

Refined production ('000 ounces)







Rio Tinto Kennecott

100%

867

461

730

807

617

2,865

(a) Mine production figures for metals refer to the total quantity of metal produced in concentrates, leach liquor or doré bullion irrespective of whether these products are then refined onsite, except for the data for bauxite and iron ore which represent production of marketable quantities of ore plus concentrates and pellets.

(b) Rio Tinto owns a 33.52% indirect interest in Oyu Tolgoi through its 50.79% interest in Turquoise Hill Resources Ltd.









TITANIUM DIOXIDE SLAG








Production ('000 tonnes)








Rio Tinto Iron & Titanium (a)

100%

294

232

297

294

296

1,116

(a) Quantities comprise 100% of Rio Tinto Fer et Titane and Rio Tinto's 74% interest in Richards Bay Minerals (RBM).









URANIUM








Production ('000 lbs U3O8) (a)







Energy Resources of Australia

68%

667

603

820

924

793

3,014

Rössing (b)

69%

848

928

994

979

802

3,750

Rio Tinto total uranium production

1,515

1,531

1,814

1,904

1,595

6,764

(a) ERA and Rössing production reported are drummed U3O8.
(b) On 26 November 2018, Rio Tinto signed a binding agreement to sell its 68.62% interest in the Rossing mine in Namibia to China National Uranium Corporation Limited.









Production figures are sometimes more precise than the rounded numbers shown, hence small differences may result between the total of the quarter figures and the year to date figures.

The Rio Tinto percentage shown above is at 31 March 2019.









Rio Tinto's interest in the Kestrel, Hail Creek, Dunkerque and Grasberg operations were sold in 2018. No data for these operations are included in the Share of production table.



 

Rio Tinto operational data










Rio Tinto
interest

Q1
2018

Q2
2018

Q3
2018

Q4
2018

Q1
2019

Full Year
2018









ALUMINA








Smelter Grade Alumina - Aluminium Group







Alumina production ('000 tonnes)








Australia








Queensland Alumina Refinery - Queensland

80.0%

896

940

935

927

888

3,697

Yarwun refinery - Queensland

100.0%

793

763

744

803

813

3,103

Brazil








São Luis (Alumar) refinery

10.0%

871

869

851

918

859

3,509

Canada








Jonquière (Vaudreuil) refinery - Quebec (a)

100.0%

362

365

363

354

373

1,444

(a) Jonquière's (Vaudreuil's) production shows smelter grade alumina only and excludes hydrate produced and used for specialty alumina.

Specialty Alumina - Aluminium Group







Specialty alumina production ('000 tonnes)







Canada








Jonquière (Vaudreuil) plant - Quebec

100.0%

31

32

31

29

25

124

Rio Tinto percentage interest shown above is at 31 March 2019. The data represent full production and sales on a 100% basis unless otherwise stated.



 

Rio Tinto operational data










Rio Tinto
interest

Q1
2018

Q2
2018

Q3
2018

Q4
2018

Q1
2019

Full Year
2018









ALUMINIUM








Primary Aluminium








Primary aluminium production ('000 tonnes)







Australia








Bell Bay smelter - Tasmania

100.0%

47

47

48

48

45

189

Boyne Island smelter - Queensland

59.4%

122

124

126

125

122

497

Tomago smelter - New South Wales

51.6%

145

148

151

149

144

592

Canada








Alma smelter - Quebec

100.0%

115

116

117

118

115

465

Alouette (Sept-Îles) smelter - Quebec

40.0%

144

146

148

146

144

584

Arvida smelter - Quebec

100.0%

43

43

43

44

43

173

Arvida AP60 smelter - Quebec

100.0%

13

13

13

13

14

52

Bécancour smelter - Quebec

25.1%

39

35

32

30

17

136

Grande-Baie smelter - Quebec

100.0%

57

58

59

59

58

233

Kitimat smelter - British Columbia

100.0%

108

109

110

109

106

436

Laterrière smelter - Quebec

100.0%

63

64

65

65

64

257

France








Dunkerque smelter (a)

0%

51

52

66

57

-

227

Iceland








ISAL (Reykjavik) smelter

100.0%

52

53

53

54

52

212

New Zealand








Tiwai Point smelter

79.4%

83

84

85

88

89

341

Oman








Sohar smelter

20.0%

87

97

98

99

97

380

(a) On 14 December 2018, Rio Tinto completed the sale of its 100% interest in the Dunkerque smelter. Production is reported up to the date of completion.

Rio Tinto percentage interest shown above is at 31 March 2019. The data represent full production and sales on a 100% basis unless otherwise stated.



 

Rio Tinto operational data










Rio Tinto
interest

Q1
2018

Q2
2018

Q3
2018

Q4
2018

Q1
2019

Full Year
2018









BAUXITE








Bauxite production ('000 tonnes)








Australia








Gove mine - Northern Territory

100.0%

3,124

3,274

2,893

3,250

3,004

12,540

Weipa mine - Queensland

100.0%

7,431

7,955

8,204

6,847

7,917

30,437

Brazil








Porto Trombetas (MRN) mine

12.0%

2,939

3,273

2,848

4,073

2,372

13,134

Guinea








Sangaredi mine (a)

23.0%

3,878

3,683

2,803

2,675

3,463

13,039









Rio Tinto share of bauxite shipments







Share of total bauxite shipments ('000 tonnes)

12,551

12,936

12,427

11,622

12,725

49,536

Share of third party bauxite shipments ('000 tonnes)

8,248

8,738

8,441

7,387

8,842

32,813









(a) Rio Tinto has a 22.95% shareholding in the Sangaredi mine but benefits from 45.0% of production.

Rio Tinto percentage interest shown above is at 31 March 2019. The data represent full production and sales on a 100% basis unless otherwise stated.



 

Rio Tinto operational data










Rio Tinto
interest

Q1
2018

Q2
2018

Q3
2018

Q4
2018

Q1
2019

Full Year
2018









BORATES








Rio Tinto Borates - borates

100.0%







US








Borates ('000 tonnes) (a)


124

132

137

118

115

512

(a) Production is expressed as B2O3 content.









COAL








Rio Tinto Coal Australia








Hail Creek Coal mine (a)

0.0%







Queensland








Hard coking coal ('000 tonnes)


924

1,380

396

-

-

2,700

Thermal coal ('000 tonnes)


1,293

1,018

449

-

-

2,760

Kestrel Coal mine (b)

0.0%







Queensland








Hard coking coal ('000 tonnes)


430

1,303

484

-

-

2,217

Thermal coal ('000 tonnes)


74

220

35

-

-

329









Total hard coking coal production ('000 tonnes)

1,354

2,683

880

-

-

4,917

Total thermal coal production ('000 tonnes)

1,367

1,238

485

-

-

3,089

Total coal production ('000 tonnes)


2,721

3,921

1,365

-

-

8,007









Total coal sales ('000 tonnes)


3,050

3,717

1,725

-

-

8,492

Rio Tinto Coal Australia share (c)








Share of hard coking coal sales ('000 tonnes)

1,368

2,228

650

-

-

4,246

Share of thermal coal sales ('000 tonnes) (d)

1,119

791

754

-

-

2,664









(a) On 1 August 2018, Rio Tinto completed the sale of its 82% interest in the Hail Creek mine.  Production is reported up to the date of completion.
(b) On 1 August 2018, Rio Tinto completed the sale of its 80% interest in the Kestrel mine. Production is reported up to the date of completion.
(c) Kestrel and Hail Creek produce hard coking coal and thermal coal through their mining operations. Both mines may blend coal types at ports.
(d) Sales relate only to coal mined by the operations and exclude traded coal.

Rio Tinto percentage interest shown above is at 31 March 2019. The data represent full production and sales on a 100% basis unless otherwise stated.



 

Rio Tinto operational data


 

 

 

 

 

 

 


Rio Tinto
interest

Q1
2018

Q2
2018

Q3
2018

Q4
2018

Q1
2019

Full Year
2018


 

 

 

 

 



COPPER & GOLD


 

 

 

 



Escondida

30.0%


 

 

 



Chile


 

 

 

 



Sulphide ore to concentrator ('000 tonnes)

32,203

31,732

30,513

30,507

32,027

124,956

Average copper grade (%)


0.96

0.96

0.94

0.87

0.82

0.93

Mill production (metals in concentrates):


 

 

 

 



Contained copper ('000 tonnes)


252.6

253.6

241.9

219.9

216.9

968.0

Contained gold ('000 ounces)


60

68

64

74

74

266

Contained silver ('000 ounces)


2,339

2,527

1,997

2,570

2,189

9,433

Recoverable copper in ore stacked for leaching ('000 tonnes) (a)

50.4

54.4

49.4

45.7

36.5

199.9

Refined production from leach plants:


 

 

 

 



Copper cathode production ('000 tonnes)


69.4

70.1

55.4

71.9

62.4

266.8

(a) The calculation of copper in material mined for leaching is based on ore stacked at the leach pad.

Freeport-McMoRan


 

 

 

 



Grasberg mine (a)

0.0% (b)


 

 

 



Papua, Indonesia


 

 

 

 



Ore treated ('000 tonnes)


15,625

17,101

17,535

14,049

-

64,310

Average mill head grades:


 

 

 

 



Copper (%)


1.12

1.06

1.00

0.73

-

0.99

Gold (g/t)


1.63

1.77

1.77

1.08

-

1.59

Silver (g/t)


4.68

5.09

4.49

2.09

-

4.17

Production of metals in concentrates:


 

 

 

 



Copper in concentrates ('000 tonnes)


159.9

165.7

158.7

85.4

-

569.7

Gold in concentrates ('000 ounces)


693

842

842

402

-

2,779

Silver in concentrates ('000 ounces)


1,513

1,548

1,439

545

-

5,045

Sales of payable metals in concentrates: (c)


 

 

 



Copper in concentrates ('000 tonnes)


157.4

145.3

170.6

82.7

-

556.0

Gold in concentrates ('000 ounces)


676

740

903

399

-

2,719

Silver in concentrates ('000 ounces)


1,184

1,098

1,221

426

-

3,928

(a) Through a joint venture agreement with Freeport-McMoRan (FCX), Rio Tinto is entitled to 40% of additional material mined as a consequence of expansions and developments of the Grasberg facilities since 1998. The Q4 2018 results show the forecast from FCX's most recent five-year plan. On 21 December 2018, Rio Tinto completed the sale of its entire interest in the Grasberg mine in Indonesia to PT Indonesia Asahan Aluminium (Persero) (Inalum). Production is reported up to the date of completion.
(b) Rio Tinto share of Grasberg production is 40% of the expansion.
(c) Net of smelter deduction

Rio Tinto percentage interest shown above is at 31 March 2019. The data represent full production and sales on a 100% basis unless otherwise stated.

 

Rio Tinto operational data










Rio Tinto
interest

Q1
2018

Q2
2018

Q3
2018

Q4
2018

Q1
2019

Full Year
2018









COPPER & GOLD (continued)








Rio Tinto Kennecott








Bingham Canyon mine

100.0%







Utah, US








Ore treated ('000 tonnes)


9,260

8,974

11,173

10,853

10,685

40,260

Average ore grade:








Copper (%)


0.43

0.63

0.58

0.59

0.55

0.56

Gold (g/t)


0.23

0.26

0.26

0.26

0.25

0.25

Silver (g/t)


2.25

2.73

2.62

2.76

2.76

2.60

Molybdenum (%)


0.025

0.025

0.030

0.032

0.032

0.028

Copper concentrates produced ('000 tonnes)

171

194

233

222

207

820

Average concentrate grade (% Cu)


20.7

26.4

25.3

26.0

25.3

24.8

Production of metals in copper concentrates:







Copper ('000 tonnes) (a)


35.4

51.2

59.1

58.3

52.5

203.9

Gold ('000 ounces)


37

46

57

57

53

197

Silver ('000 ounces)


461

615

708

736

741

2,520

Molybdenum concentrates produced ('000 tonnes):

2.8

1.5

2.8

4.5

3.8

11.6

Molybdenum in concentrates ('000 tonnes)


1.5

0.7

1.4

2.2

1.9

5.8


Kennecott smelter & refinery

100.0%







Copper concentrates smelted ('000 tonnes)

200

224

246

262

204

932

Copper anodes produced ('000 tonnes) (b)

42.4

44.4

58.1

62.4

33.3

207.3

Production of refined metal:








Copper ('000 tonnes)


35.3

40.7

54.2

64.6

29.6

194.7

Gold ('000 ounces) (c)


40.8

48.4

50.3

58.6

41.7

198.0

Silver ('000 ounces) (c)


867

461

730

807

617

2,865

(a) Includes a small amount of copper in precipitates.
(b) New metal excluding recycled material.
(c) Includes gold and silver in intermediate products.

Rio Tinto percentage interest shown above is at 31 March 2019. The data represent full production and sales on a 100% basis unless otherwise stated.



 

Rio Tinto operational data










Rio Tinto
interest

Q1
2018

Q2
2018

Q3
2018

Q4
2018

Q1
2019

Full Year
2018









COPPER & GOLD (continued)








Turquoise Hill Resources








Oyu Tolgoi mine (a)

33.5%







Mongolia








Ore Treated ('000 tonnes)


9,561

10,164

9,652

9,361

9,255

38,738

Average mill head grades:








Copper (%)


0.51

0.48

0.51

0.55

0.57

0.51

Gold (g/t)


0.25

0.26

0.38

0.56

0.58

0.36

Silver (g/t)


1.32

1.17

1.19

1.22

1.25

1.22

Copper concentrates produced ('000 tonnes)

177.3

178.8

179.8

189.0

210.1

724.9

Average concentrate grade (% Cu)


21.9

22.0

21.9

21.9

21.8

21.9

Production of metals in concentrates:








Copper in concentrates ('000 tonnes)


38.8

39.4

39.4

41.5

45.8

159.1

Gold in concentrates ('000 ounces)


41.8

50.0

77.0

116.7

120.1

285.4

Silver in concentrates ('000 ounces)


221

225

230

238

247

914

Sales of metals in concentrates:








Copper in concentrates ('000 tonnes)


34.3

46.1

36.0

40.2

38.5

156.7

Gold in concentrates ('000 ounces)


31

51

55

111

98

248

Silver in concentrates ('000 ounces)


206

250

201

216

200

873

(a) Rio Tinto owns a 33.52% indirect interest in Oyu Tolgoi through its 50.79% interest in Turquoise Hill Resources.









DIAMONDS








Argyle Diamonds

100.0%







Western Australia








AK1 ore processed ('000 tonnes)


1,260

1,428

1,465

1,292

1,248

5,444

AK1 diamonds produced ('000 carats)


3,551

3,476

3,830

3,211

2,786

14,069

Diavik Diamonds

60.0%







Northwest Territories, Canada








Ore processed ('000 tonnes)


556

652

670

651

620

2,530

Diamonds recovered ('000 carats)


1,774

1,916

1,776

1,797

1,683

7,264


Rio Tinto percentage interest shown above is at 31 March 2019. The data represent full production and sales on a 100% basis unless otherwise stated.



 

Rio Tinto operational data










Rio Tinto
interest

Q1
2018

Q2
2018

Q3
2018

Q4
2018

Q1
2019

Full Year
2018









IRON ORE








Rio Tinto Iron Ore








Western Australia








Pilbara Operations








Saleable iron ore production ('000 tonnes)







Hamersley mines

   (a)

53,631

56,034

54,583

56,364

51,218

220,612

Hamersley - Channar

60.0%

1,893

2,045

1,007

2,228

1,552

7,173

Hope Downs

50.0%

10,685

11,567

11,426

11,691

11,913

45,368

Robe River - Pannawonica (Mesas J and A)

53.0%

8,816

7,637

7,940

7,555

3,529

31,947

Robe River - West Angelas

53.0%

8,094

8,252

7,587

8,738

7,783

32,672

Total production ('000 tonnes)


83,120

85,534

82,542

86,576

75,995

337,772

Breakdown of total production:








Pilbara Blend Lump


24,831

26,253

24,461

26,084

24,068

101,629

Pilbara Blend Fines


35,556

37,368

35,696

38,085

34,924

146,705

Robe Valley Lump


2,993

2,699

2,774

2,659

1,198

11,126

Robe Valley Fines


5,823

4,937

5,166

4,896

2,331

20,821

Yandicoogina Fines (HIY)


13,916

14,277

14,446

14,852

13,473

57,491

Breakdown of total sales:








Pilbara Blend Lump


21,457

22,954

21,644

22,161

18,968

88,215

Pilbara Blend Fines (c)


37,320

42,638

38,100

42,497

34,558

160,555

Robe Valley Lump


2,307

2,386

2,215

2,301

863

9,209

Robe Valley Fines


5,652

6,141

5,356

5,652

2,468

22,801

Yandicoogina Fines (HIY)


13,578

14,388

14,583

14,831

12,294

57,380

Total sales ('000 tonnes) (b)


80,314

88,506

81,898

87,442

69,150

338,160

(a) Includes 100% of production from Paraburdoo, Mt Tom Price, Marandoo, Yandicoogina, Brockman, Nammuldi, Silvergrass and the Eastern Range mines. Whilst Rio Tinto owns 54% of the Eastern Range mine, under the terms of the joint venture agreement, Hamersley Iron manages the operation and is obliged to purchase all mine production from the joint venture and therefore all of the production is included in Rio Tinto's share of production.
(b) Sales represent iron ore exported from Western Australian ports.

(c) Pilbara Blend Fines sales include 1.5m tonnes of other lower grade products in Q1 2019.

Iron Ore Company of Canada

58.7%







Newfoundland & Labrador and Quebec in Canada







Saleable iron ore production:








Concentrates ('000 tonnes)


1,360

974

1,926

2,441

1,516

6,700

Pellets ('000 tonnes)


2,667

510

2,979

2,389

2,709

8,545

IOC Total production ('000 tonnes)


4,027

1,484

4,905

4,830

4,225

15,245

Sales:








Concentrates ('000 tonnes)


105

2,653

878

6,619

Pellets ('000 tonnes)


2,681

343

2,825

2,581

2,684

8,430

IOC Total Sales ('000 tonnes)


3,951

449

5,415

5,234

3,562

15,049

Global Iron Ore Totals








Iron Ore Production ('000 tonnes)


87,146

87,018

87,448

91,406

80,219

353,017

Iron Ore Sales ('000 tonnes)


84,265

88,954

87,314

92,676

72,712

353,209

Rio Tinto percentage interest shown above is at 31 March 2019. The data represent full production and sales on a 100% basis unless otherwise stated.

 

Rio Tinto operational data










Rio Tinto
interest

Q1
2018

Q2
2018

Q3
2018

Q4
2018

Q1
2019

Full Year
2018









SALT








Dampier Salt

68.4%







Western Australia








Salt production ('000 tonnes)


2,215

2,431

2,167

2,188

1,917

9,001









TITANIUM DIOXIDE SLAG








Rio Tinto Iron & Titanium

100.0%







Canada and South Africa








(Rio Tinto share) (a)








Titanium dioxide slag ('000 tonnes)


294

232

297

294

296

1,116









(a) Quantities comprise 100% of Rio Tinto Fer et Titane and Rio Tinto's 74% interest in Richards Bay Minerals' production. Ilmenite mined in Madagascar is being processed in Canada.









URANIUM








Energy Resources of Australia Ltd








Ranger mine (a)

68.4%







Northern Territory, Australia








U3O8 Production ('000 lbs)


975

881

1,199

1,351

1,160

4,407

(a) ERA production data are drummed U3O8.



Rössing Uranium Ltd (a) (b)

68.6%







Namibia








U3O8 Production ('000 lbs)


1,236

1,352

1,449

1,427

1,168

5,465

(a) Rössing production data are drummed U3O8.
(b) On 26 November 2018, Rio Tinto signed a binding agreement to sell its 68.62% interest in the Rossing mine in Namibia to China National Uranium Corporation Limited.

Rio Tinto percentage interest shown above is at 31 March 2019. The data represent full production and sales on a 100% basis unless otherwise stated.

 

 

 


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