

(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.
The National Mining Association (NMA) has issued the following statement from Rich Nolan, President... Read more
The German Coal Importers Association (VDKi has a new chairman. Alexander Bethe, Appointee of the Japanese... Read more
Rio Tinto has reached an agreement on a new electricity agreement with Meridian Energy that allows New... Read more
The American Iron and Steel Institute (AISI) has updated six cold-formed steel design standards.AISI... Read more
The National Grain and Feed Association (NGFA) in the USA has announced that Michael J. Seyfert will... Read more
Rio Tinto and the Puutu Kunti Kurrama and Pinikura people (PKKP) confirm they have taken initial steps... Read more
A global economic recovery in 2021 is expected to drive a short-lived rebound in coal demand following... Read more
The National Grain and Feed Association (NGFA) in the USA has commended Congress for including key inland... Read more
Rio Tinto has appointed Jakob Stausholm as chief executive, effective 1 January 2021. Since joining... Read more
RUSAL, a leading global aluminium producer, is pleased to announce that Hyundai Sungwoo Holdings Co,... Read more