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
Cargill focuses on support for agriculture
(Posted on 22/05/20)Cargill is working with nonprofit and NGO partners around the globe to help address food security, health... Read more
IIMA publishes guide to shipping
(Posted on 22/05/20)One of the International Iron Metallics Association’s (IIMA) primary concerns is the safe handling... Read more
BHP’s reduced payment terms aid helped suppliers
(Posted on 18/05/20)Shorter payment terms have given BHP’s suppliers the flexibility and cash flow to remain in business... Read more
USDA rule lacks transparency says NAGFA
(Posted on 18/05/20)The U.S. Department of Agriculture’s (USDA) finalised rule for regulating plant-based agricultural... Read more
NGFA commends Senate for waterways cost-share
(Posted on 12/05/20)The National Grain and Feed Association (NGFA) in the USA has commended members of the Senate Environment... Read more
Delivering through volatile times
(Posted on 12/05/20)Anglo American Chief Executive, Mark Cutifani, is to present an overview of how Anglo American is &ldquo... Read more
Arch Coal changes name to Arch Resources
(Posted on 06/05/20)Arch Coal, Inc. has announced that it is changing its name to Arch Resources, Inc., effective May 15... Read more
Vale holds mass virus tests in Indonesia
(Posted on 06/05/20)PT Vale Indonesia Tbk (PT Vale) is holding a COVID-19 Mass Rapid Test for all employees and contractors... Read more
Vale resumes in Timbopeba Mine
(Posted on 01/05/20)Vale informs that next week it will resume dry processing operations at the Timbopeba Mine, part of... Read more
IFA appoints interim Director General
(Posted on 01/05/20)The International Fertilizer Association (IFA) is pleased to announce the appointment of IFA’s... Read more
