Rio Tinto Q1 production results
(Posted on 17/04/20)
Rio Tinto Chief Executive J-S Jacques said “In these uncertain and unprecedented times we continue to deliver products to our customers with our first priority to protect the health and safety of all our employees and communities. We are focused on maintaining a business as usual approach and have taken extensive measures to ensure we can do so safely.
“All of our assets continue to operate and we achieved a very robust production performance in the first quarter. Our world-class portfolio and strong balance sheet serve us well in all market conditions and are particularly valuable in the current volatile environment. Our resilience and value over volume strategy mean we can continue to invest in our business, and support our communities and host governments.”
|
Production* |
Q1 2020 |
vs Q1 2019 |
vs Q4 2019 |
|
|
Pilbara iron ore shipments (100% basis) |
Mt |
72.9 |
+5% |
-16% |
|
Pilbara iron ore production (100% basis) |
Mt |
77.8 |
+2% |
-7% |
|
Bauxite |
Mt |
13.8 |
+8% |
-9% |
|
Aluminium |
kt |
783 |
-2% |
0% |
|
Mined copper |
kt |
133.0 |
-8% |
-4% |
|
Titanium dioxide slag |
kt |
293 |
-1% |
+3% |
|
IOC iron ore pellets and concentrate |
Mt |
2.6 |
+3% |
0% |
*Rio Tinto share unless otherwise stated
Demand in China continues to recover. In the rest of the world, the outlook is more uncertain. Commodity supply is being disrupted as Covid-19 restrictions impact supply chains and people movement globally.
Latest News
Schenck Process announces mining business sale to Sandvik
(Posted on 12/05/22)Schenck Process, a global company for sustainable, integrated measuring and process technology solutions... Read more
BHP completes the divestment of its BMC interest
(Posted on 05/05/22)BHP has completed the sale of its 80 per cent interest in BHP Mitsui Coal (BMC) to Stanmore SMC Holdings... Read more
NGFA testifies on rail service failures experienced by grain shippers
(Posted on 27/04/22)The National Grain and Feed Association (NGFA) in the USA has testified before the Surface Transportation... Read more
Challenging Q1 re-emphasises need to lift Rio Tinto’s ops performance
(Posted on 20/04/22)Rio Tinto has released its first quarter production results. Chief Executive Jakob Stausholm, said: &... Read more
Universities: sand produced by Vale a solution to sustainability
(Posted on 14/04/22)A report by the University of Queensland and the University of Geneva indicates that sand from iron... Read more
20 Soy schemes pass FEFAC benchmarking process
(Posted on 12/04/22)FEFAC and ITC have announced that five more schemes offering responsible soy products to the European... Read more
US ag groups urge flexibility amid food crisis threat
(Posted on 01/04/22)The National Grain and Feed Association (NGFA) in the USA has urged Agriculture Secretary Tom Vilsack... Read more
Rio Tinto completes acquisition of Rincon lithium project
(Posted on 30/03/22)Rio Tinto has completed the acquisition of the Rincon lithium projectin Argentina for $825 million,... Read more
Ukrainian Grain Association call for humanitarian aid
(Posted on 23/03/22)Following Russia’s invasion of Ukraine, the Ukrainian Grain Association has launched an non-political... Read more
Bühler hands over first Prime Masa plant in India
(Posted on 18/03/22)Bühler has handed over its first Prime Masa plant in India, the second Prime Masa plant worldwide... Read more
