20 April 2017
Rio Tinto chief executive J-S Jacques said "Despite challenging weather conditions at our West Australian and Queensland operations, we delivered solid production in the first quarter of 2017. Our strategy is unchanged. Our number one priority is safety. We maintain our disciplined approach to capital management and maximising cash flow, with a focus on managing costs and enhancing productivity across the business. These actions support the delivery of strong cash returns to shareholders in the short, medium and long term."
|
|
Q1 2017 |
vs Q1 2016 |
vs Q4 2016 |
Pilbara iron ore shipments (100% basis) |
Mt |
76.7 |
-0% |
-13% |
Pilbara iron ore production (100% basis) |
Mt |
77.2 |
-3% |
-10% |
Bauxite |
kt |
11,303 |
+2% |
-7% |
Aluminium |
kt |
889 |
+2% |
-3% |
Mined copper |
kt |
84.2 |
-37% |
-37% |
Hard coking coal |
kt |
1,583 |
-20% |
-28% |
Semi-soft and thermal coal |
kt |
5,181 |
+4% |
-1% |
Titanium dioxide slag |
kt |
332 |
+35% |
+11% |
Highlights |
· Pilbara iron ore shipments were 76.7 million tonnes in the first quarter (100 per cent basis). Ship loading was impacted by cyclone activity during the period, and sections of the rail network were affected by significant rainfall. Despite these disruptions, shipments were in line with the first quarter of 2016 and guidance for 2017 remains at 330 to 340 million tonnes. · First quarter bauxite production of 11.3 million tonnes and aluminium production of 889 thousand tonnes were both two per cent higher than the corresponding quarter of 2016. · Mined copper production was 37 per cent lower than the first quarter of 2016 due to a 43 day labour strike at Escondida. This strike, combined with the curtailment of production at Grasberg, has led to revised 2017 mined copper guidance of 500 to 550 thousand tonnes. · Titanium dioxide slag production increased by 35 per cent compared to the first quarter of 2016, reflecting higher market demand. 2017 production guidance has slightly increased to between 1.2 and 1.3 million tonnes. · On 24 January 2017, Rio Tinto announced that it had reached a binding agreement for the sale of Coal & Allied to Yancoal Australia for up to $2.45 billion. The sale is subject to certain conditions being satisfied, and is expected to complete in the second half of 2017. Yancoal announced receipt of Foreign Investment Review Board (FIRB) approval on 13 April 2017. |
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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 2016 have been excluded from Rio Tinto share of production data but assets sold in 2017 remain in comparisons.
IRON ORE
Rio Tinto share of production (million tonnes)
|
Q1 2017 |
vs Q1 2016 |
vs Q4 2016 |
Pilbara Blend Lump |
19.2 |
+3% |
-6% |
Pilbara Blend Fines |
27.0 |
-5% |
-12% |
Robe Valley Lump |
1.5 |
-8% |
-11% |
Robe Valley Fines |
2.4 |
-18% |
-18% |
Yandicoogina Fines (HIY) |
13.6 |
+1% |
-10% |
Pilbara operations
Pilbara operations produced 77.2 million tonnes (Rio Tinto share 63.6 million tonnes) in the first quarter of 2017, three per cent lower than the same quarter of 2016. Sales of 76.7 million tonnes (Rio Tinto share 63.2 million tonnes) were in line with the same period of last year.
Production and sales were both impacted by significant weather disruptions, which resulted in heavy flooding across several sites including the rail network, along with the suspension of ship loading on a number of occasions. All operations across the mine and infrastructure network have now recovered and are operating to plan.
Approximately 20 per cent of sales in the quarter were priced with 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 62 per cent of sales in the quarter were made on a cost and freight (CFR) basis, with the remainder sold free on board (FOB).
Pilbara projects
The Silvergrass Project incrementally increases the Nammuldi operation by ten million tonnes a year, delivering high grade, low phosphorus ore into the Pilbara Blend. First ore is on target for the second half of 2017.
The AutoHaul® project is advancing well with commencement and ramp up of trains operating in automated mode. Drivers are remaining on board until all safety and reliability systems are thoroughly demonstrated.
2017 guidance
Rio Tinto's expected Pilbara shipments in 2017 remains at between 330 and 340 million tonnes (100 per cent basis).
ALUMINIUM
Rio Tinto share of production ('000 tonnes)
|
Q1 2017 |
vs Q1 2016 |
vs Q4 2016 |
Rio Tinto Aluminium |
|
|
|
Bauxite |
11,303 |
+2% |
-7% |
Alumina |
2,047 |
+0% |
-3% |
Aluminium |
889 |
+2% |
-3% |
Production from Lochaber in 2016 has been excluded from the comparable percentages above.
Bauxite
Bauxite production of 11.3 million tonnes was two per cent higher than the first quarter of 2016. Gove production was eight per cent higher following the upgrade of the overland conveyor and export system in the fourth quarter of 2016. Stronger production at Weipa was offset by lower production, due to planned maintenance, at Sangaredi and MRN. Production decreased by seven per cent compared with the fourth quarter of 2016, due mainly to weather impacting the Weipa operations during the quarter.
6.9 million tonnes was shipped to third parties in the first quarter of 2017, two per cent higher than the first quarter of 2016.
Amrun
The Amrun Project is on schedule in both engineering and construction. All major contracts have been committed as planned. Site establishment continues with an additional 112 rooms added to the camp accommodation village, over 40km of main access road completed and clearing work commenced for the stockyard and tailings storage facility areas. The Hey River Terminal is complete and the facility at Humbug Wharf is operational.
Alumina
Alumina production for the quarter was in line with the corresponding period in 2016, reflecting the operating stability that has been achieved at the Yarwun and Queensland Alumina refineries.
Aluminium
Quarterly aluminium production was two per cent higher than the corresponding period last year. This was due largely to Kitimat, which reached nameplate capacity in April 2016, together with on-going production creep across the other smelting operations.
2017 guidance
Rio Tinto's share of production in 2017 is expected to be unchanged at 48 to 50 million tonnes of bauxite, 8.0 to 8.2 million tonnes of alumina and 3.5 to 3.7 million tonnes of aluminium.
COPPER & DIAMONDS
Rio Tinto share of production ('000 tonnes)
|
Q1 2017 |
vs Q1 2016 |
vs Q4 2016 |
Mined copper |
|
|
|
Rio Tinto Kennecott |
44.3 |
+29% |
-2% |
Escondida |
27.2 |
-66% |
-63% |
Grasberg |
0.0 |
N/A |
N/A |
Oyu Tolgoi |
12.8 |
-34% |
-16% |
|
|
|
|
Refined copper |
|
|
|
Rio Tinto Kennecott |
29.8 |
+15% |
-56% |
Escondida |
8.2 |
-68% |
-62% |
|
|
|
|
Diamonds ('000 carats) |
|
|
|
Argyle |
3,016 |
-11% |
-16% |
Diavik |
1,136 |
+0% |
+15% |
Rio Tinto Kennecott
Mined copper production in the first quarter of 2017 was 29 per cent higher than the first quarter of 2016, benefiting from higher throughput. The higher mined production for the quarter resulted in improved refined copper production of 29.8 thousand tonnes, 15 per cent higher than the first quarter of 2016. Refined production was significantly lower than the previous quarter due to the processing of third party concentrate received in 2016, smelted and returned to customers in the first quarter of 2017.
Kennecott tolls third party concentrate to optimise smelter utilisation, with 68 thousand tonnes of concentrate received in the first quarter of 2017. Tolled copper concentrate is excluded from reported production figures.
Notwithstanding the adverse weather conditions in the quarter, the south wall pushback continues to progress.
Escondida
Mined and refined copper production at Escondida in the first quarter was adversely impacted by a labour union strike for 43 days that commenced on 9 February and finished on 24 March. The current labour agreement has been extended for 18 months. It is expected that the operations will ramp-up to normal production levels by July 2017.
Oyu Tolgoi
Mined copper production for the quarter was 34 per cent lower than the same period in 2016, with record quarterly mill throughput being offset by lower ore grades.
Oyu Tolgoi Underground Project
Contractor mobilisation has continued to ramp up, with a workforce of over 2,210 on site, 85 per cent of whom are Mongolian nationals. Works on underground mine development, the accommodation camp, conveyor to surface decline, sinking of shaft #2 and shaft #5 and critical facilities continue to progress.
Grasberg
Through a joint venture agreement with Freeport-McMoRan Inc. (Freeport), Rio Tinto is entitled to the cash flow associated with 40 per cent of material mined above an agreed threshold as a consequence of expansions and developments of the Grasberg facilities since 1998.
On 12 January 2017, the Government of Indonesia issued new mining regulations to address exports of unrefined metals, including copper concentrates, and other matters related to the mining sector. These regulations impact PT Freeport Indonesia's ('PT-FI') operating rights, including its right to continue to export concentrate without restriction, and, as a result, may have a significant impact on Rio Tinto's share of production in 2017. Rio Tinto's participation beyond 2021 is likely to be affected due to the application of force majeure provisions in the joint venture agreement between Rio Tinto and PT-FI.
In the absence of an export permit, PTFI has had to reduce production to around 40 per cent to match domestic smelting capacity. This has resulted in near-term actions to reduce its workforce, significantly reduce costs and reduce and/or suspend capital expenditure on its underground development projects and new smelter. PT-FI has indicated that it will consider legal action to enforce its contractual rights should it fail to reach a mutually satisfactory agreement with the Indonesian government.
As a consequence of the export ban, Rio Tinto is reporting its metal share for the first quarter as zero. Discussions are continuing between Freeport and the Indonesian government to reach a mutually satisfactory longer-term agreement.
Diamonds
At Argyle, first quarter carat production was 11 per cent lower than the first quarter of 2016 due to lower ore volumes processed and recovered grade.
At Diavik, carats recovered in the first quarter of 2017 were in line with the corresponding period in 2016 as lower ore throughput was offset by higher recovered grades. Development of the A21 pipe remains on schedule.
2017 guidance
In 2017, Rio Tinto's expected share of mined copper production has been revised to between 500 and 550 thousand tonnes (previously 525 to 665 thousand tonnes), as a result of industrial action at Escondida and the curtailment of production at Grasberg. Refined copper production guidance remains unchanged at 185 to 225 thousand tonnes.
Diamond production guidance for 2017 remains unchanged at 19 to 24 million carats.
ENERGY & MINERALS
Rio Tinto share of production
|
Q1 2017 |
vs Q1 2016 |
vs Q4 2016 |
Coal |
|
|
|
Hard coking coal |
1,583 |
-20% |
-28% |
Semi-soft coking coal |
959 |
-18% |
-1% |
Thermal coal |
4,222 |
+11% |
-1% |
|
|
|
|
Iron ore pellets and concentrate (million tonnes) |
|
|
|
IOC |
2.6 |
+7% |
-6% |
|
|
|
|
Minerals ('000 tonnes) |
|
|
|
Borates - B2O3 content |
123 |
-3% |
+1% |
Salt |
852 |
-41% |
-39% |
Titanium dioxide slag |
332 |
+35% |
+11% |
|
|
|
|
Uranium ('000 lbs) |
|
|
|
Energy Resources of Australia |
900 |
+1% |
-1% |
Rössing |
673 |
-2% |
-14% |
Production from Bengalla in 2016 has been excluded from the comparable percentages above.
Coal
Hard coking coal production in the quarter was 20 per cent below the first quarter of 2016 due to the timing of the longwall changeover at Kestrel as well as processing rates at Hail Creek. The damage to rail lines caused by Cyclone Debbie in Queensland is expected to impact the timing, and potentially volume, of shipments from Hail Creek over the course of the year. Kestrel, whilst impacted, is not expected to experience significant sales disruption. At this stage, guidance for coking coal remains unchanged.
First quarter semi-soft coking coal production was 18 per cent lower than the same quarter of 2016, reflecting mine production sequencing at Hunter Valley Operations (HVO) and Mount Thorley Warkworth.
Thermal coal production was 11 per cent higher than the same quarter of 2016, as HVO benefited from higher productivity.
On 24 January, Rio Tinto announced that it had reached a binding agreement for its sale of Coal & Allied to Yancoal Australia for up to $2.45 billion. The sale is subject to certain conditions being satisfied, and is expected to complete in the second half of 2017. Yancoal announced receipt of FIRB approval on 13 April 2017.
Iron Ore Company of Canada (IOC)
IOC pellet production of 2.5 million tonnes (Rio Tinto share 1.5 million tonnes) in the first quarter was 25 per cent higher than the same quarter of 2016, with pellet demand continuing to be strong and product mix being optimised to meet customer demand. Concentrate production of 1.9 million tonnes (Rio Tinto share 1.1 million tonnes) was 11 per cent lower.
The seven per cent improvement in total production led to sales of 4.4 million tonnes (Rio Tinto share 2.6 million tonnes), a ten per cent improvement compared to the first quarter of 2016.
Borates
Borates production in the quarter was three per cent lower than the first quarter of 2016, with production aligned to market demand
Iron and Titanium (RTIT)
Titanium dioxide slag production in the first quarter was 35 per cent higher than the corresponding quarter in 2016, reflecting improved market demand. Two of nine furnaces at Rio Tinto Fer et Titane (RTFT) and one of four furnaces at Richards Bay Minerals remained idle. The rebuild of a furnace at RTFT was completed in March 2017, with production expected in April 2017. Due to planned maintenance, RTFT expects to operate seven to eight furnaces during the year.
An explosion in one of the carbon monoxide gas service plants in Sorel-Tracy occurred on 30 March 2017. The immediate concern has been the safety and welfare of all employees on site and no physical injuries were sustained. The incident is not expected to have a material impact on full year production.
Salt
Salt production in the first quarter was 41 per cent lower than the same period in 2016 due to above average rainfall at the Pilbara operations in Western Australia.
Uranium
Energy Resources of Australia continues to process existing stockpiles. First quarter production in 2017 was slightly higher than the corresponding period in 2016.
Production at Rössing was two per cent lower than the first quarter in 2016 due to slightly lower grades and recoveries.
2017 guidance
In 2017, guidance for Rio Tinto's expected share of production remains unchanged at 7.8 to 8.4 million tonnes of hard coking coal, 3.3 to 3.9 million tonnes of semi-soft coking coal, 17 to 18 million tonnes of thermal coal, 11.4 to 12.4 million tonnes of iron ore pellets and concentrates, 0.5 million tonnes of boric oxide equivalent production, and 6.5 to 7.5 million pounds of uranium. Coal guidance may be adjusted depending on the timing of the completion of the Coal & Allied transaction. Production guidance for titanium dioxide slag has increased to between 1.2 and 1.3 million tonnes (previously 1.1 to 1.2 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 2017 was $78 million, compared with $128 million in the same quarter of 2016. Approximately 58 per cent of this expenditure was incurred by central exploration, 27 per cent by Copper & Diamonds, eight 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 2017.
Exploration highlights
Rio Tinto has a strong portfolio of projects with activity in 14 countries across some eight commodities. The bulk of the exploration spend in this quarter was focused on copper targets in Australia, Botswana, Chile, Kazakhstan, Namibia, Peru, Serbia, United States and Zambia. Mine-lease exploration continued at a number of Rio Tinto managed businesses including Pilbara Iron, Rio Tinto Coal Australia, Richards Bay Minerals, Oyu Tolgoi, Kennecott and Weipa.
A summary of activity for the quarter is as follows:
Product Group |
Evaluation projects |
Advanced projects |
Greenfield programmes |
Aluminium |
Cape York, Australia |
Amargosa, Brazil |
Australia, Laos |
Copper & Diamonds |
Copper/molybdenum: Resolution, US Copper: La Granja, Peru Copper/gold: Oyu Tolgoi, Mongolia |
Nickel: Tamarack, US |
Copper: Australia, Botswana, Chile, Kazakhstan, Mongolia, Namibia, Papua New Guinea, Peru, Serbia, US, Zambia Nickel: Australia, Canada Diamonds: Canada |
Energy & Minerals |
Coal: Hail Creek, Australia Lithium borates: Jadar, Serbia Heavy mineral sands: Mutamba, Mozambique and Zulti South, South Africa Iron Ore: Simandou, Guinea Uranium: Roughrider, Canada |
Potash: KP405, Canada |
Uranium: Canada |
Iron Ore |
Pilbara, Australia |
Pilbara, Australia |
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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 KingdomIlltud Harri T +44 20 7781 1152 M +44 7920 503 600
David Outhwaite T +44 20 7781 1623 M +44 7787 597 493
David Luff T +44 20 7781 1177
Investor Relations, United KingdomJohn Smelt T +44 20 7781 1654 M +44 7879 642 675
David Ovington T +44 20 7781 2051 M +44 7920 010 978
Nick Parkinson T +44 20 7781 1552 M +44 7810 657 556
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Media Relations, AustraliaBen Mitchell T +61 3 9283 3620 M +61 419 850 212
Anthony Havers T +61 8 9425 8557 M +61 459 847 758
Investor Relations, AustraliaNatalie Worley T +61 3 9283 3063 M +61 409 210 462
Rachel Storrs T +61 3 9283 3628 M +61 417 401 018
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Rio Tinto plc6 St James's Square London SW1Y 4AD United Kingdom
T +44 20 7781 2000 No. 719885 |
Rio Tinto Limited120 Collins Street Melbourne 3000 Australia
T +61 3 9283 3333 Registered in Australia ABN 96 004 458 404 |
Rio Tinto production summary |
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Rio Tinto share of production |
|
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Quarter |
|
Full Year |
|
% Change |
|||
|
|
2016 |
2016 |
2017 |
|
2016 |
|
Q1 17 |
Q1 17 |
Principal Commodities |
|
|
|
|
|
|
|
|
|
Alumina |
('000 t) |
2,040 |
2,104 |
2,047 |
|
8,192 |
|
0% |
-3% |
Aluminium |
('000 t) |
875 |
915 |
889 |
|
3,600 |
|
2% |
-3% |
Bauxite |
('000 t) |
11,088 |
12,120 |
11,303 |
|
47,703 |
|
2% |
-7% |
Borates |
('000 t) |
127 |
121 |
123 |
|
503 |
|
-3% |
1% |
Coal - hard coking |
('000 t) |
1,982 |
2,187 |
1,583 |
|
8,141 |
|
-20% |
-28% |
Coal - semi-soft coking |
('000 t) |
1,175 |
969 |
959 |
|
4,102 |
|
-18% |
-1% |
Coal - thermal |
('000 t) |
3,805 |
4,254 |
4,222 |
|
16,727 |
|
11% |
-1% |
Copper - mined |
('000 t) |
132.9 |
133.8 |
84.2 |
|
523.3 |
|
-37% |
-37% |
Copper - refined |
('000 t) |
51.3 |
88.4 |
38.0 |
|
250.1 |
|
-26% |
-57% |
Diamonds |
('000 cts) |
4,522 |
4,574 |
4,152 |
|
17,953 |
|
-8% |
-9% |
Iron ore |
('000 t) |
67,371 |
73,633 |
66,226 |
|
281,321 |
|
-2% |
-10% |
Titanium dioxide slag |
('000 t) |
246 |
300 |
332 |
|
1,048 |
|
35% |
11% |
Uranium |
('000 lbs) |
1,581 |
1,690 |
1,573 |
|
6,342 |
|
0% |
-7% |
Other Metals & Minerals |
|
|
|
|
|
|
|
|
|
Gold - mined |
('000 oz) |
83.7 |
85.1 |
65.8 |
|
293.5 |
|
-21% |
-23% |
Gold - refined |
('000 oz) |
29.8 |
40.6 |
51.1 |
|
135.4 |
|
71% |
26% |
Molybdenum |
('000 t) |
0.1 |
1.8 |
0.9 |
|
2.8 |
|
645% |
-50% |
Salt |
('000 t) |
1,438 |
1,386 |
852 |
|
5,180 |
|
-41% |
-39% |
Silver - mined |
('000 oz) |
938 |
1,239 |
946 |
|
4,210 |
|
1% |
-24% |
Silver - refined |
('000 oz) |
348 |
465 |
402 |
|
1,815 |
|
15% |
-14% |
|
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|
|
|
|
|
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|
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 |
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Rio Tinto |
1Q |
2Q |
3Q |
4Q |
1Q |
Full Year |
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ALUMINA |
|
|
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|
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Production ('000 tonnes) |
|
|
|
|
|
|
|
Jonquière (Vaudreuil) |
100% |
377 |
353 |
355 |
367 |
367 |
1,452 |
Jonquière (Vaudreuil) specialty alumina plant |
100% |
25 |
29 |
29 |
31 |
31 |
115 |
Queensland Alumina |
80% |
763 |
769 |
758 |
789 |
739 |
3,078 |
São Luis (Alumar) |
10% |
90 |
93 |
92 |
96 |
89 |
371 |
Yarwun |
100% |
785 |
823 |
747 |
821 |
819 |
3,176 |
Rio Tinto total alumina production |
|
2,040 |
2,067 |
1,981 |
2,104 |
2,047 |
8,192 |
|
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|
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ALUMINIUM |
|
|
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Production ('000 tonnes) |
|
|
|
|
|
|
|
Australia - Bell Bay |
100% |
45 |
45 |
46 |
47 |
45 |
182 |
Australia - Boyne Island |
59% |
86 |
86 |
87 |
87 |
80 |
346 |
Australia - Tomago |
52% |
75 |
76 |
77 |
77 |
75 |
304 |
Canada - six wholly owned |
100% |
375 |
398 |
404 |
405 |
394 |
1,582 |
Canada - Alouette (Sept-Îles) |
40% |
61 |
61 |
61 |
61 |
60 |
244 |
Canada - Bécancour |
25% |
28 |
27 |
29 |
28 |
28 |
111 |
France - Dunkerque |
100% |
69 |
69 |
71 |
71 |
70 |
280 |
Iceland - ISAL (Reykjavik) |
100% |
50 |
52 |
51 |
52 |
52 |
205 |
New Zealand - Tiwai Point |
79% |
67 |
67 |
68 |
68 |
66 |
269 |
Oman - Sohar |
20% |
19 |
19 |
19 |
19 |
19 |
77 |
Rio Tinto total aluminium production |
|
875 |
899 |
911 |
915 |
889 |
3,600 |
|
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|
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BAUXITE |
|
|
|
|
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|
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Production ('000 tonnes) (a) |
|
|
|
|
|
|
|
Gove |
100% |
2,214 |
2,186 |
2,521 |
2,169 |
2,388 |
9,091 |
Porto Trombetas |
12% |
457 |
470 |
533 |
516 |
357 |
1,975 |
Sangaredi |
(b) |
1,892 |
1,857 |
1,726 |
1,735 |
1,665 |
7,210 |
Weipa |
100% |
6,524 |
7,560 |
7,642 |
7,700 |
6,893 |
29,427 |
Rio Tinto total bauxite production |
|
11,088 |
12,073 |
12,422 |
12,120 |
11,303 |
47,703 |
Rio Tinto share of production |
|
|
|
||||
|
|
|
|
|
|
|
|
|
Rio Tinto |
1Q |
2Q |
3Q |
4Q |
1Q |
Full Year |
|
|
|
|
|
|
|
|
BORATES |
|
|
|
|
|
|
|
Production ('000 tonnes B2O3 content) |
|
|
|
|
|
|
|
Rio Tinto Borates - borates |
100% |
127 |
123 |
132 |
121 |
123 |
503 |
|
|
|
|
|
|
|
|
COAL - hard coking |
|
|
|
|
|
|
|
Rio Tinto Coal Australia ('000 tonnes) |
|
|
|
|
|
|
|
Hail Creek Coal (c) |
82% |
1,224 |
1,202 |
1,248 |
1,205 |
930 |
4,879 |
Kestrel Coal (c) |
80% |
758 |
596 |
926 |
981 |
653 |
3,262 |
Rio Tinto total hard coking coal production |
|
1,982 |
1,798 |
2,175 |
2,187 |
1,583 |
8,141 |
|
|
|
|
|
|
|
|
COAL - semi-soft coking |
|
|
|
|
|
|
|
Rio Tinto Coal Australia ('000 tonnes) |
|
|
|
|
|
|
|
Hunter Valley (d) |
68% |
677 |
440 |
842 |
581 |
541 |
2,540 |
Mount Thorley (d) |
80% |
363 |
331 |
150 |
283 |
269 |
1,127 |
Warkworth (d) |
56% |
135 |
121 |
75 |
106 |
149 |
436 |
Rio Tinto total semi-soft coking coal production |
|
1,175 |
893 |
1,066 |
969 |
959 |
4,102 |
|
|
|
|
|
|
|
|
COAL - thermal |
|
|
|
|
|
|
|
Rio Tinto Coal Australia ('000 tonnes) |
|
|
|
|
|
|
|
Hail Creek Coal (c) |
82% |
895 |
661 |
787 |
746 |
874 |
3,089 |
Hunter Valley (d) |
68% |
1,364 |
2,098 |
1,596 |
1,724 |
1,927 |
6,782 |
Kestrel Coal (c) |
80% |
139 |
96 |
225 |
217 |
127 |
676 |
Mount Thorley (d) |
80% |
549 |
252 |
606 |
828 |
450 |
2,235 |
Warkworth (d) |
56% |
859 |
1,216 |
1,131 |
739 |
845 |
3,945 |
Rio Tinto total thermal coal production |
|
3,805 |
4,323 |
4,346 |
4,254 |
4,222 |
16,727 |
Rio Tinto share of production |
|
|
|
||||
|
|
|
|
|
|
|
|
|
Rio Tinto |
1Q |
2Q |
3Q |
4Q |
1Q |
Full Year |
|
|
|
|
|
|
|
|
COPPER |
|
|
|
|
|
|
|
Mine production ('000 tonnes) (a) |
|
|
|
|
|
|
|
Bingham Canyon |
100% |
34.2 |
37.2 |
36.2 |
45.1 |
44.3 |
152.7 |
Escondida |
30% |
79.4 |
77.7 |
72.6 |
73.4 |
27.2 |
303.1 |
Grasberg - Joint Venture (e) |
40% |
0.0 |
0.0 |
0.0 |
0.0 |
0.0 |
0.0 |
Oyu Tolgoi (f) |
34% |
19.3 |
17.3 |
15.6 |
15.2 |
12.8 |
67.5 |
Rio Tinto total mine production |
|
132.9 |
132.2 |
124.4 |
133.8 |
84.2 |
523.3 |
Refined production ('000 tonnes) |
|
|
|
|
|
|
|
Escondida |
30% |
25.4 |
25.6 |
21.2 |
21.5 |
8.2 |
93.6 |
Rio Tinto Kennecott |
100% |
25.8 |
24.6 |
39.1 |
67.0 |
29.8 |
156.5 |
Rio Tinto total refined production |
|
51.3 |
50.2 |
60.2 |
88.4 |
38.0 |
250.1 |
|
|
|
|
|
|
|
|
DIAMONDS |
|
|
|
|
|
|
|
Production ('000 carats) |
|
|
|
|
|
|
|
Argyle |
100% |
3,391 |
3,489 |
3,493 |
3,584 |
3,016 |
13,958 |
Diavik |
60% |
1,131 |
948 |
927 |
989 |
1,136 |
3,995 |
Rio Tinto total diamond production |
|
4,522 |
4,436 |
4,420 |
4,574 |
4,152 |
17,953 |
|
|
|
|
|
|
|
|
GOLD |
|
|
|
|
|
|
|
Mine production ('000 ounces) (a) |
|
|
|
|
|
|
|
Bingham Canyon |
100% |
26.2 |
28.3 |
41.5 |
57.2 |
54.1 |
153.2 |
Escondida |
30% |
9.4 |
10.8 |
8.3 |
11.3 |
3.4 |
39.8 |
Grasberg - Joint Venture (e) |
40% |
0.0 |
0.0 |
0.0 |
0.0 |
0.0 |
0.0 |
Oyu Tolgoi (f) |
34% |
48.1 |
23.3 |
12.5 |
16.6 |
8.3 |
100.5 |
Rio Tinto total mine production |
|
83.7 |
62.4 |
62.3 |
85.1 |
65.8 |
293.5 |
Refined production ('000 ounces) |
|
|
|
|
|
|
|
Rio Tinto Kennecott |
100% |
29.8 |
35.3 |
29.7 |
40.6 |
51.1 |
135.4 |
Rio Tinto share of production |
|
|
|
||||
|
|
|
|
|
|
|
|
|
Rio Tinto |
1Q |
2Q |
3Q |
4Q |
1Q |
Full Year |
|
|
|
|
|
|
|
|
IRON ORE |
|
|
|
|
|
|
|
Production ('000 tonnes) (a) |
|
|
|
|
|
|
|
Hamersley mines |
(g) |
48,468 |
50,284 |
52,302 |
54,848 |
48,664 |
205,902 |
Hamersley - Channar |
60% |
1,523 |
1,432 |
1,764 |
1,119 |
1,635 |
5,839 |
Hope Downs |
50% |
5,900 |
5,924 |
5,888 |
5,794 |
5,218 |
23,505 |
Iron Ore Company of Canada |
59% |
2,419 |
2,573 |
2,925 |
2,743 |
2,579 |
10,661 |
Robe River - Pannawonica (Mesas J and A) |
53% |
4,450 |
4,221 |
4,208 |
4,493 |
3,809 |
17,371 |
Robe River - West Angelas |
53% |
4,611 |
4,452 |
4,344 |
4,636 |
4,322 |
18,044 |
Rio Tinto iron ore production ('000 tonnes) |
|
67,371 |
68,886 |
71,431 |
73,633 |
66,226 |
281,321 |
Breakdown of Production: |
|
|
|
|
|
|
|
Pilbara Blend Lump |
|
18,732 |
18,628 |
19,957 |
20,443 |
19,207 |
77,761 |
Pilbara Blend Fines |
|
28,351 |
28,823 |
29,591 |
30,795 |
27,026 |
117,560 |
Robe Valley Lump |
|
1,573 |
1,440 |
1,484 |
1,625 |
1,453 |
6,122 |
Robe Valley Fines |
|
2,876 |
2,781 |
2,725 |
2,868 |
2,357 |
11,250 |
Yandicoogina Fines (HIY) |
|
13,420 |
14,640 |
14,750 |
15,159 |
13,605 |
57,968 |
Pilbara iron ore production ('000 tonnes) |
|
64,952 |
66,313 |
68,506 |
70,890 |
63,647 |
270,660 |
IOC Concentrate |
|
1,242 |
1,207 |
1,334 |
1,124 |
1,109 |
4,907 |
IOC Pellets |
|
1,178 |
1,366 |
1,591 |
1,618 |
1,470 |
5,754 |
IOC iron ore production ('000 tonnes) |
|
2,419 |
2,573 |
2,925 |
2,743 |
2,579 |
10,661 |
Breakdown of Sales: |
|
|
|
|
|
|
|
Pilbara Blend Lump |
|
15,291 |
17,552 |
17,014 |
18,071 |
16,033 |
67,929 |
Pilbara Blend Fines |
|
30,522 |
31,025 |
30,132 |
34,842 |
30,497 |
126,521 |
Robe Valley Lump |
|
1,272 |
1,276 |
1,346 |
1,502 |
1,176 |
5,397 |
Robe Valley Fines |
|
2,893 |
2,927 |
3,069 |
3,053 |
2,373 |
11,942 |
Yandicoogina Fines (HIY) |
|
12,533 |
14,553 |
15,008 |
14,969 |
13,120 |
57,062 |
Pilbara iron ore sales ('000 tonnes) |
|
62,512 |
67,333 |
66,569 |
72,437 |
63,199 |
268,851 |
IOC Concentrate |
|
1,210 |
1,261 |
1,281 |
1,148 |
1,193 |
4,899 |
IOC Pellets |
|
1,168 |
1,413 |
1,516 |
1,764 |
1,415 |
5,862 |
IOC iron ore sales ('000 tonnes) |
|
2,378 |
2,674 |
2,797 |
2,912 |
2,608 |
10,761 |
Rio Tinto iron ore sales ('000 tonnes) |
|
64,889 |
70,007 |
69,366 |
75,350 |
65,806 |
279,613 |
Rio Tinto share of production |
|
|
|
||||
|
|
|
|
|
|
|
|
|
Rio Tinto |
1Q |
2Q |
3Q |
4Q |
1Q |
Full Year |
|
|
|
|
|
|
|
|
MOLYBDENUM |
|
|
|
|
|
|
|
Mine production ('000 tonnes) (a) |
|
|
|
|
|
|
|
Bingham Canyon |
100% |
0.1 |
0.2 |
0.8 |
1.8 |
0.9 |
2.8 |
|
|
|
|
|
|
|
|
SALT |
|
|
|
|
|
|
|
Production ('000 tonnes) |
|
|
|
|
|
|
|
Dampier Salt |
68% |
1,438 |
1,117 |
1,240 |
1,386 |
852 |
5,180 |
|
|
|
|
|
|
|
|
SILVER |
|
|
|
|
|
|
|
Mine production ('000 ounces) (a) |
|
|
|
|
|
|
|
Bingham Canyon |
100% |
342 |
329 |
522 |
751 |
711 |
1,943 |
Escondida |
30% |
463 |
562 |
369 |
397 |
163 |
1,791 |
Grasberg - Joint Venture (e) |
40% |
0 |
0 |
0 |
0 |
0 |
0 |
Oyu Tolgoi (f) |
34% |
132 |
131 |
121 |
91 |
72 |
476 |
Rio Tinto total mine production |
|
938 |
1,022 |
1,011 |
1,239 |
946 |
4,210 |
Refined production ('000 ounces) |
|
|
|
|
|
|
|
Rio Tinto Kennecott |
100% |
348 |
587 |
415 |
465 |
402 |
1,815 |
|
|
|
|
|
|
|
|
TITANIUM DIOXIDE SLAG |
|
|
|
|
|
|
|
Production ('000 tonnes) |
|
|
|
|
|
|
|
Rio Tinto Iron & Titanium (h) |
100% |
246 |
236 |
267 |
300 |
332 |
1,048 |
|
|
|
|
|
|
|
|
URANIUM |
|
|
|
|
|
|
|
Production ('000 lbs U3O8) (i) |
|
|
|
|
|
|
|
Energy Resources of Australia |
68% |
894 |
738 |
1,004 |
908 |
900 |
3,544 |
Rössing |
69% |
687 |
702 |
628 |
781 |
673 |
2,798 |
Rio Tinto total uranium production |
|
1,581 |
1,439 |
1,633 |
1,690 |
1,573 |
6,342 |
|
|
|
|
|
|
|
|
Production data notes: |
|||||||
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. |
|||||||
(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. |
|||||||
(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) On 24 January 2017, Rio Tinto announced a binding agreement to sell Coal & Allied, a wholly owned subsidiary of Rio Tinto Coal Australia (RTCA). This includes Coal & Allied's 67.6% interest in the Hunter Valley Operations mine, 80% interest in the Mount Thorley mine and 55.6% interest in the Warkworth mine. In an earlier restructuring of the Coal & Allied group completed on 3 February 2016, Rio Tinto had obtained 100% of Coal & Allied and retained a 67.6% interest in the newly created Hunter Valley Operations joint venture. Prior to restructuring, Rio Tinto's interest in the Hunter Valley Operations, Mt Thorley and Warkworth mines was 80%, 64% and 44.46% respectively. |
|||||||
(e) 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. |
|||||||
(f) Rio Tinto owns a 33.52% indirect interest in Oyu Tolgoi through its 50.79% interest in Turquoise Hill Resources Ltd. |
|||||||
(g) Includes 100% of production from Paraburdoo, Mt Tom Price, Marandoo, Yandicoogina, Brockman, Nammuldi 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. |
|||||||
(h) Quantities comprise 100% of Rio Tinto Fer et Titane and Rio Tinto's 74% interest in Richards Bay Minerals (RBM). |
|||||||
(i) ERA and Rössing production reported are drummed U3O8. |
|||||||
|
|
|
|
|
|
|
|
The Rio Tinto percentage shown above is at 31 March 2017. |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Rio Tinto's interest in the Lochaber aluminium smelter and Bengalla coal mine were sold in 2016. No data for these operations are included in the Share of Production table. |
|||||||
|
|
|
|
|
|
|
|
Rio Tinto operational data |
|
|
|
||||
|
|
|
|
|
|
|
|
|
Rio Tinto |
1Q |
2Q |
3Q |
4Q |
1Q |
Full Year |
|
|
|
|
|
|
|
|
ALUMINA |
|
|
|
|
|
|
|
Smelter Grade Alumina - Aluminium Group |
|
|
|
|
|
|
|
Alumina production ('000 tonnes) |
|
|
|
|
|
|
|
Australia |
|
|
|
|
|
|
|
Queensland Alumina Refinery - Queensland |
80.0% |
953 |
961 |
947 |
987 |
924 |
3,848 |
Yarwun refinery - Queensland |
100.0% |
785 |
823 |
747 |
821 |
819 |
3,176 |
Brazil |
|
|
|
|
|
|
|
São Luis (Alumar) refinery |
10.0% |
903 |
931 |
916 |
957 |
895 |
3,707 |
Canada |
|
|
|
|
|
|
|
Jonquière (Vaudreuil) refinery - Quebec (a) |
100.0% |
377 |
353 |
355 |
367 |
367 |
1,452 |
|
|||||||
Specialty Alumina - Aluminium Group |
|
|
|
|
|
|
|
Specialty alumina production ('000 tonnes) |
|
|
|
|
|
|
|
Canada |
|
|
|
|
|
|
|
Jonquière (Vaudreuil) plant - Quebec |
100.0% |
25 |
29 |
29 |
31 |
31 |
115 |
Rio Tinto percentage interest shown above is at 31 March 2017. The data represent full production and sales on a 100% basis unless otherwise stated. |
Rio Tinto operational data |
|
|
|
||||
|
|
|
|
|
|
|
|
|
Rio Tinto |
1Q |
2Q |
3Q |
4Q |
1Q |
Full Year |
|
|
|
|
|
|
|
|
ALUMINIUM |
|
|
|
|
|
|
|
Primary Aluminium |
|
|
|
|
|
|
|
Primary aluminium production ('000 tonnes) |
|
|
|
|
|
|
|
Australia |
|
|
|
|
|
|
|
Bell Bay smelter - Tasmania |
100.0% |
45 |
45 |
46 |
47 |
45 |
182 |
Boyne Island smelter - Queensland |
59.4% |
145 |
145 |
147 |
147 |
135 |
583 |
Tomago smelter - New South Wales |
51.6% |
145 |
147 |
149 |
149 |
145 |
589 |
Canada |
|
|
|
|
|
|
|
Alma smelter - Quebec |
100.0% |
117 |
116 |
117 |
117 |
114 |
467 |
Alouette (Sept-Îles) smelter - Quebec |
40.0% |
152 |
152 |
152 |
153 |
149 |
609 |
Arvida smelter - Quebec |
100.0% |
43 |
43 |
43 |
43 |
41 |
172 |
Arvida AP60 smelter - Quebec |
100.0% |
15 |
15 |
15 |
15 |
15 |
60 |
Bécancour smelter - Quebec |
25.1% |
113 |
108 |
114 |
110 |
112 |
445 |
Grande-Baie smelter - Quebec |
100.0% |
56 |
56 |
58 |
58 |
57 |
227 |
Kitimat smelter - British Columbia |
100.0% |
83 |
107 |
109 |
109 |
107 |
408 |
Laterrière smelter - Quebec |
100.0% |
61 |
61 |
62 |
63 |
61 |
247 |
France |
|
|
|
|
|
|
|
Dunkerque smelter |
100.0% |
69 |
69 |
71 |
71 |
70 |
280 |
Iceland |
|
|
|
|
|
|
|
ISAL (Reykjavik) smelter |
100.0% |
50 |
52 |
51 |
52 |
52 |
205 |
New Zealand |
|
|
|
|
|
|
|
Tiwai Point smelter |
79.4% |
84 |
84 |
85 |
85 |
84 |
339 |
Oman |
|
|
|
|
|
|
|
Sohar smelter |
20.0% |
97 |
97 |
95 |
97 |
96 |
386 |
United Kingdom |
|
|
|
|
|
|
|
Lochaber smelter (a) |
0.0% |
12 |
12 |
12 |
10 |
- |
46 |
|
|||||||
Rio Tinto percentage interest shown above is at 31 March 2017. The data represent full production and sales on a 100% basis unless otherwise stated. |
Rio Tinto operational data |
|
|
|
||||
|
|
|
|
|
|
|
|
|
Rio Tinto |
1Q |
2Q |
3Q |
4Q |
1Q |
Full Year |
|
|
|
|
|
|
|
|
BAUXITE |
|
|
|
|
|
|
|
Bauxite production ('000 tonnes) |
|
|
|
|
|
|
|
Australia |
|
|
|
|
|
|
|
Gove mine - Northern Territory |
100.0% |
2,214 |
2,186 |
2,521 |
2,169 |
2,388 |
9,091 |
Weipa mine - Queensland |
100.0% |
6,524 |
7,560 |
7,642 |
7,700 |
6,893 |
29,427 |
Brazil |
|
|
|
|
|
|
|
Porto Trombetas (MRN) mine |
12.0% |
3,805 |
3,920 |
4,441 |
4,296 |
2,974 |
16,462 |
Guinea |
|
|
|
|
|
|
|
Sangaredi mine (a) |
23.0% |
4,205 |
4,126 |
3,836 |
3,856 |
3,699 |
16,023 |
|
|
|
|
|
|
|
|
Rio Tinto share of bauxite shipments |
|
|
|
|
|
|
|
Share of total bauxite shipments ('000 tonnes) |
|
11,153 |
11,683 |
12,743 |
11,996 |
11,605 |
47,575 |
Share of third party bauxite shipments ('000 tonnes) |
|
6,768 |
7,101 |
8,093 |
7,345 |
6,927 |
29,308 |
|
|||||||
Rio Tinto percentage interest shown above is at 31 March 2017. The data represent full production and sales on a 100% basis unless otherwise stated. |
Rio Tinto operational data |
|
|
|
||||
|
|
|
|
|
|
|
|
|
Rio Tinto |
1Q |
2Q |
3Q |
4Q |
1Q |
Full Year |
|
|
|
|
|
|
|
|
BORATES |
|
|
|
|
|
|
|
Rio Tinto Borates - borates |
100.0% |
|
|
|
|
|
|
US |
|
|
|
|
|
|
|
Borates ('000 tonnes) (a) |
|
127 |
123 |
132 |
121 |
123 |
503 |
|
|||||||
|
|
|
|
|
|
|
|
COAL |
|
|
|
|
|
|
|
Rio Tinto Coal Australia |
|
|
|
|
|
|
|
Bengalla mine (a) |
0.0% |
|
|
|
|
|
|
New South Wales |
|
|
|
|
|
|
|
Thermal coal ('000 tonnes) |
|
1,476 |
- |
- |
- |
- |
1,476 |
Hail Creek Coal mine |
82.0% |
|
|
|
|
|
|
Queensland |
|
|
|
|
|
|
|
Hard coking coal ('000 tonnes) |
|
1,492 |
1,466 |
1,522 |
1,470 |
1,134 |
5,950 |
Thermal coal ('000 tonnes) |
|
1,091 |
806 |
960 |
910 |
1,065 |
3,767 |
Hunter Valley Operations (b) |
67.6% |
|
|
|
|
|
|
New South Wales |
|
|
|
|
|
|
|
Semi-soft coking coal ('000 tonnes) |
|
964 |
651 |
1,245 |
859 |
800 |
3,720 |
Thermal coal ('000 tonnes) |
|
1,911 |
3,104 |
2,361 |
2,550 |
2,851 |
9,925 |
Kestrel Coal mine |
80.0% |
|
|
|
|
|
|
Queensland |
|
|
|
|
|
|
|
Hard coking coal ('000 tonnes) |
|
948 |
745 |
1,158 |
1,227 |
816 |
4,077 |
Thermal coal ('000 tonnes) |
|
173 |
120 |
281 |
271 |
159 |
846 |
Mount Thorley Operations (b) |
80.0% |
|
|
|
|
|
|
New South Wales |
|
|
|
|
|
|
|
Semi-soft coking coal ('000 tonnes) |
|
466 |
414 |
187 |
353 |
337 |
1,420 |
Thermal coal ('000 tonnes) |
|
742 |
315 |
758 |
1,035 |
562 |
2,850 |
Rio Tinto percentage interest shown above is at 31 March 2017. The data represent full production and sales on a 100% basis unless otherwise stated. |
Rio Tinto operational data |
|
|
|
||||
|
|
|
|
|
|
|
|
|
Rio Tinto |
1Q |
2Q |
3Q |
4Q |
1Q |
Full Year |
|
|
|
|
|
|
|
|
COAL (continued) |
|
|
|
|
|
|
|
Warkworth mine (b) |
55.6% |
|
|
|
|
|
|
New South Wales |
|
|
|
|
|
|
|
Semi-soft coking coal ('000 tonnes) |
|
267 |
218 |
135 |
190 |
268 |
809 |
Thermal coal ('000 tonnes) |
|
1,672 |
2,188 |
2,035 |
1,330 |
1,520 |
7,225 |
Total hard coking coal production ('000 tonnes) |
|
2,440 |
2,210 |
2,680 |
2,697 |
1,950 |
10,027 |
Total semi-soft coking coal production ('000 tonnes) |
|
1,697 |
1,284 |
1,567 |
1,402 |
1,405 |
5,950 |
Total thermal coal production ('000 tonnes) |
|
7,065 |
6,533 |
6,395 |
6,096 |
6,156 |
26,090 |
Total coal production ('000 tonnes) |
|
11,202 |
10,026 |
10,642 |
10,196 |
9,512 |
42,067 |
|
|
|
|
|
|
|
|
Total coal sales ('000 tonnes) |
|
11,047 |
10,357 |
10,129 |
10,241 |
8,792 |
41,773 |
Rio Tinto Coal Australia share (c) |
|
|
|
|
|
|
|
Share of hard coking coal sales ('000 tonnes) |
|
2,099 |
1,879 |
2,332 |
2,395 |
1,524 |
8,704 |
Share of semi-soft coal sales ('000 tonnes) (d) |
|
1,122 |
1,075 |
904 |
1,043 |
765 |
4,144 |
Share of thermal coal sales ('000 tonnes) (d) |
|
4,287 |
4,260 |
3,958 |
3,979 |
3,946 |
16,484 |
|
|||||||
Rio Tinto percentage interest shown above is at 31 March 2017. The data represent full production and sales on a 100% basis unless otherwise stated. |
Rio Tinto operational data |
|
|
|
||||
|
|
|
|
|
|
|
|
|
Rio Tinto |
1Q |
2Q |
3Q |
4Q |
1Q |
Full Year |
|
|
|
|
|
|
|
|
COPPER & GOLD |
|
|
|
|
|
|
|
Escondida |
30.0% |
|
|
|
|
|
|
Chile |
|
|
|
|
|
|
|
Sulphide ore to concentrator ('000 tonnes) |
|
21,188 |
22,905 |
20,787 |
19,866 |
8,054 |
84,746 |
Average copper grade (%) |
|
0.99 |
0.94 |
0.87 |
1.02 |
1.01 |
0.96 |
Mill production (metals in concentrates): |
|
|
|
|
|
|
|
Contained copper ('000 tonnes) |
|
175.8 |
181.7 |
153.2 |
168.6 |
67.7 |
679.3 |
Contained gold ('000 ounces) |
|
31 |
36 |
28 |
38 |
11 |
133 |
Contained silver ('000 ounces) |
|
1,544 |
1,874 |
1,229 |
1,323 |
543 |
5,971 |
Recoverable copper in ore stacked for leaching ('000 tonnes) (a) |
|
88.8 |
77.4 |
88.9 |
76.4 |
22.8 |
331.4 |
Refined production from leach plants: |
|
|
|
|
|
|
|
Copper cathode production ('000 tonnes) |
|
84.8 |
85.3 |
70.5 |
71.5 |
27.2 |
312.1 |
|
|||||||
Freeport-McMoRan Copper & Gold |
|
|
|
|
|
|
|
Grasberg mine (a) |
0.0% (b) |
|
|
|
|
|
|
Papua, Indonesia |
|
|
|
|
|
|
|
Ore treated ('000 tonnes) |
|
14,249 |
14,141 |
16,608 |
15,630 |
18,254 |
60,628 |
Average mill head grades: |
|
|
|
|
|
|
|
Copper (%) |
|
0.69 |
0.84 |
1.02 |
1.08 |
1.05 |
0.91 |
Gold (g/t) |
|
0.53 |
0.48 |
0.69 |
0.97 |
1.08 |
0.68 |
Silver (g/t) |
|
2.23 |
2.88 |
3.45 |
3.67 |
2.95 |
3.09 |
Production of metals in concentrates: |
|
|
|
|
|
|
|
Copper in concentrates ('000 tonnes) |
|
85.8 |
106.5 |
153.8 |
153.1 |
176.6 |
499.4 |
Gold in concentrates ('000 ounces) |
|
196 |
179 |
310 |
409 |
526 |
1,094 |
Silver in concentrates ('000 ounces) |
|
613 |
776 |
1,170 |
1,237 |
1,067 |
3,796 |
Sales of payable metals in concentrates: (c) |
|
|
|
|
|
|
|
Copper in concentrates ('000 tonnes) |
|
86.9 |
96.8 |
153.7 |
140.6 |
172.0 |
478.0 |
Gold in concentrates ('000 ounces) |
|
207 |
166 |
307 |
374 |
514 |
1,054 |
Silver in concentrates ('000 ounces) |
|
510 |
562 |
928 |
907 |
834 |
2,909 |
|
|||||||
Rio Tinto percentage interest shown above is at 31 March 2017. The data represent full production and sales on a 100% basis unless otherwise stated. |
Rio Tinto operational data |
|
|
|
||||
|
|
|
|
|
|
|
|
|
Rio Tinto |
1Q |
2Q |
3Q |
4Q |
1Q |
Full Year |
|
|
|
|
|
|
|
|
COPPER & GOLD (continued) |
|
|
|
|
|
|
|
Rio Tinto Kennecott |
|
|
|
|
|
|
|
Bingham Canyon mine |
100.0% |
|
|
|
|
|
|
Utah, US |
|
|
|
|
|
|
|
Ore treated ('000 tonnes) |
|
7,386 |
7,512 |
9,698 |
8,827 |
9,508 |
33,423 |
Average ore grade: |
|
|
|
|
|
|
|
Copper (%) |
|
0.51 |
0.55 |
0.41 |
0.56 |
0.51 |
0.50 |
Gold (g/t) |
|
0.19 |
0.18 |
0.25 |
0.31 |
0.32 |
0.24 |
Silver (g/t) |
|
1.85 |
1.70 |
2.56 |
3.33 |
3.24 |
2.41 |
Molybdenum (%) |
|
0.015 |
0.023 |
0.031 |
0.040 |
0.025 |
0.028 |
Copper concentrates produced ('000 tonnes) |
|
153 |
152 |
154 |
190 |
189 |
648 |
Average concentrate grade (% Cu) |
|
22.4 |
24.5 |
23.4 |
23.8 |
23.3 |
23.5 |
Production of metals in copper concentrates: |
|
|
|
|
|
|
|
Copper ('000 tonnes) (a) |
|
34.2 |
37.2 |
36.2 |
45.1 |
44.3 |
152.7 |
Gold ('000 ounces) |
|
26 |
28 |
41 |
57 |
54 |
153 |
Silver ('000 ounces) |
|
342 |
329 |
522 |
751 |
711 |
1,943 |
Molybdenum concentrates produced ('000 tonnes): |
|
0.2 |
0.3 |
1.6 |
3.4 |
1.7 |
5.6 |
Molybdenum in concentrates ('000 tonnes) |
|
0.1 |
0.2 |
0.8 |
1.8 |
0.9 |
2.8 |
|
|||||||
Kennecott smelter & refinery |
100.0% |
|
|
|
|
|
|
Copper concentrates smelted ('000 tonnes) |
|
158 |
167 |
220 |
207 |
136 |
752 |
Copper anodes produced ('000 tonnes) (a) |
|
32.0 |
33.1 |
56.1 |
42.7 |
33.7 |
163.8 |
Production of refined metal: |
|
|
|
|
|
|
|
Copper ('000 tonnes) |
|
25.8 |
24.6 |
39.1 |
67.0 |
29.8 |
156.5 |
Gold ('000 ounces) (b) |
|
29.8 |
35.3 |
29.7 |
40.6 |
51.1 |
135.4 |
Silver ('000 ounces) (b) |
|
348 |
587 |
415 |
465 |
402 |
1,815 |
|
|||||||
Rio Tinto percentage interest shown above is at 31 March 2017. The data represent full production and sales on a 100% basis unless otherwise stated. |
Rio Tinto operational data |
|
|
|
||||
|
|
|
|
|
|
|
|
|
Rio Tinto |
1Q |
2Q |
3Q |
4Q |
1Q |
Full Year |
|
|
|
|
|
|
|
|
COPPER & GOLD (continued) |
|
|
|
|
|
|
|
Turquoise Hill Resources |
|
|
|
|
|
|
|
Oyu Tolgoi mine (a) |
33.5% |
|
|
|
|
|
|
Mongolia |
|
|
|
|
|
|
|
Ore Treated ('000 tonnes) |
|
9,662 |
9,525 |
9,146 |
9,819 |
10,087 |
38,152 |
Average mill head grades: |
|
|
|
|
|
|
|
Copper (%) |
|
0.70 |
0.64 |
0.66 |
0.61 |
0.51 |
0.65 |
Gold (g/t) |
|
0.63 |
0.33 |
0.21 |
0.25 |
0.15 |
0.36 |
Silver (g/t) |
|
1.92 |
1.92 |
1.99 |
1.50 |
1.30 |
1.83 |
Copper concentrates produced ('000 tonnes) |
|
229.5 |
207.1 |
203.2 |
206.7 |
176.0 |
846.6 |
Average concentrate grade (% Cu) |
|
25.1 |
24.9 |
22.9 |
22.0 |
21.6 |
23.8 |
Production of metals in concentrates: |
|
|
|
|
|
|
|
Copper in concentrates ('000 tonnes) |
|
57.6 |
51.7 |
46.6 |
45.5 |
38.1 |
201.3 |
Gold in concentrates ('000 ounces) |
|
143.5 |
69.6 |
37.4 |
49.4 |
24.8 |
300.0 |
Silver in concentrates ('000 ounces) |
|
395 |
391 |
361 |
273 |
215 |
1,420 |
Sales of metals in concentrates: |
|
|
|
|
|
|
|
Copper in concentrates ('000 tonnes) |
|
51.2 |
54.4 |
45.7 |
37.6 |
39.5 |
188.9 |
Gold in concentrates ('000 ounces) |
|
175 |
95 |
38 |
39 |
32 |
347 |
Silver in concentrates ('000 ounces) |
|
305 |
395 |
341 |
239 |
205 |
1,280 |
|
|||||||
Rio Tinto percentage interest shown above is at 31 March 2017. The data represent full production and sales on a 100% basis unless otherwise stated. |
Rio Tinto operational data |
|
|
|
||||
|
|
|
|
|
|
|
|
|
Rio Tinto |
1Q |
2Q |
3Q |
4Q |
1Q |
Full Year |
|
|
|
|
|
|
|
|
DIAMONDS |
|
|
|
|
|
|
|
Argyle Diamonds |
100.0% |
|
|
|
|
|
|
Western Australia |
|
|
|
|
|
|
|
AK1 ore processed ('000 tonnes) |
|
1,151 |
1,314 |
1,349 |
1,283 |
1,144 |
5,097 |
AK1 diamonds produced ('000 carats) |
|
3,391 |
3,489 |
3,493 |
3,584 |
3,016 |
13,958 |
Diavik Diamonds |
60.0% |
|
|
|
|
|
|
Northwest Territories, Canada |
|
|
|
|
|
|
|
Ore processed ('000 tonnes) |
|
557 |
535 |
582 |
539 |
531 |
2,214 |
Diamonds recovered ('000 carats) |
|
1,885 |
1,579 |
1,545 |
1,649 |
1,894 |
6,658 |
Rio Tinto percentage interest shown above is at 31 March 2017. The data represent full production and sales on a 100% basis unless otherwise stated. |
Rio Tinto operational data |
|
|
|
||||
|
|
|
|
|
|
|
|
|
Rio Tinto |
1Q |
2Q |
3Q |
4Q |
1Q |
Full Year |
|
|
|
|
|
|
|
|
IRON ORE |
|
|
|
|
|
|
|
Rio Tinto Iron Ore |
|
|
|
|
|
|
|
Western Australia |
|
|
|
|
|
|
|
Pilbara Operations |
|
|
|
|
|
|
|
Saleable iron ore production ('000 tonnes) |
|
|
|
|
|
|
|
Hamersley mines |
(a) |
48,468 |
50,284 |
52,302 |
54,848 |
48,664 |
205,902 |
Hamersley - Channar |
60.0% |
2,539 |
2,386 |
2,941 |
1,866 |
2,725 |
9,731 |
Hope Downs |
50.0% |
11,799 |
11,847 |
11,775 |
11,588 |
10,435 |
47,010 |
Robe River - Pannawonica (Mesas J and A) |
53.0% |
8,395 |
7,964 |
7,940 |
8,477 |
7,188 |
32,776 |
Robe River - West Angelas |
53.0% |
8,700 |
8,400 |
8,196 |
8,748 |
8,154 |
34,044 |
Total production ('000 tonnes) |
|
79,902 |
80,882 |
83,154 |
85,526 |
77,165 |
329,463 |
Breakdown of total production: |
|
|
|
|
|
|
|
Pilbara Blend Lump |
|
23,355 |
23,180 |
24,478 |
24,902 |
23,618 |
95,915 |
Pilbara Blend Fines |
|
34,732 |
35,098 |
35,986 |
36,988 |
32,755 |
142,804 |
Robe Valley Lump |
|
2,969 |
2,717 |
2,799 |
3,066 |
2,741 |
11,551 |
Robe Valley Fines |
|
5,427 |
5,248 |
5,141 |
5,411 |
4,446 |
21,226 |
Yandicoogina Fines (HIY) |
|
13,420 |
14,640 |
14,750 |
15,159 |
13,605 |
57,968 |
Breakdown of total sales: |
|
|
|
|
|
|
|
Pilbara Blend Lump |
|
19,149 |
20,914 |
20,377 |
21,943 |
20,161 |
82,383 |
Pilbara Blend Fines |
|
37,199 |
38,807 |
37,200 |
42,225 |
36,679 |
155,431 |
Robe Valley Lump |
|
2,400 |
2,408 |
2,540 |
2,835 |
2,218 |
10,183 |
Robe Valley Fines |
|
5,459 |
5,523 |
5,790 |
5,761 |
4,476 |
22,533 |
Yandicoogina Fines (HIY) |
|
12,533 |
14,553 |
15,008 |
14,969 |
13,120 |
57,062 |
Total sales ('000 tonnes) (b) |
|
76,739 |
82,205 |
80,916 |
87,732 |
76,655 |
327,592 |
|
|||||||
Iron Ore Company of Canada |
58.7% |
|
|
|
|
|
|
Newfoundland & Labrador and Quebec in Canada |
|
|
|
|
|
|
|
Saleable iron ore production: |
|
|
|
|
|
|
|
Concentrates ('000 tonnes) |
|
2,114 |
2,056 |
2,272 |
1,915 |
1,889 |
8,357 |
Pellets ('000 tonnes) |
|
2,006 |
2,326 |
2,710 |
2,756 |
2,504 |
9,798 |
IOC Total production ('000 tonnes) |
|
4,120 |
4,382 |
4,982 |
4,671 |
4,392 |
18,155 |
Sales: |
|
|
|
|
|
|
|
Concentrates ('000 tonnes) |
|
2,060 |
2,147 |
2,182 |
1,955 |
2,031 |
8,344 |
Pellets ('000 tonnes) |
|
1,990 |
2,407 |
2,582 |
3,004 |
2,409 |
9,983 |
IOC Total sales ('000 tonnes) |
|
4,049 |
4,554 |
4,764 |
4,960 |
4,441 |
18,326 |
Global Iron Ore Totals |
|
|
|
|
|
|
|
Iron Ore Production ('000 tonnes) |
|
84,022 |
85,265 |
88,136 |
90,196 |
81,558 |
347,619 |
Iron Ore Sales ('000 tonnes) |
|
80,789 |
86,759 |
85,679 |
92,692 |
81,096 |
345,918 |
Rio Tinto percentage interest shown above is at 31 March 2017. The data represent full production and sales on a 100% basis unless otherwise stated. |
Rio Tinto operational data |
|
|
|
||||
|
|
|
|
|
|
|
|
|
Rio Tinto |
1Q |
2Q |
3Q |
4Q |
1Q |
Full Year |
|
|
|
|
|
|
|
|
SALT |
|
|
|
|
|
|
|
Dampier Salt |
68.4% |
|
|
|
|
|
|
Western Australia |
|
|
|
|
|
|
|
Salt production ('000 tonnes) |
|
2,103 |
1,634 |
1,813 |
2,028 |
1,246 |
7,578 |
|
|
|
|
|
|
|
|
TITANIUM DIOXIDE SLAG |
|
|
|
|
|
|
|
Rio Tinto Iron & Titanium |
100.0% |
|
|
|
|
|
|
Canada and South Africa |
|
|
|
|
|
|
|
(Rio Tinto share) (a) |
|
|
|
|
|
|
|
Titanium dioxide slag ('000 tonnes) |
|
246 |
236 |
267 |
300 |
332 |
1,048 |
|
|||||||
|
|
|
|
|
|
|
|
URANIUM |
|
|
|
|
|
|
|
Energy Resources of Australia Ltd |
|
|
|
|
|
|
|
Ranger mine (a) |
68.4% |
|
|
|
|
|
|
Northern Territory, Australia |
|
|
|
|
|
|
|
U3O8 Production ('000 lbs) |
|
1,307 |
1,078 |
1,468 |
1,328 |
1,316 |
5,182 |
|
|||||||
Rössing Uranium Ltd |
68.6% |
|
|
|
|
|
|
Namibia |
|
|
|
|
|
|
|
U3O8 Production ('000 lbs) |
|
1,001 |
1,023 |
916 |
1,138 |
981 |
4,078 |
|
|
|
|
|
|
|
|
Rio Tinto percentage interest shown above is at 31 March 2017. The data represent full production and sales on a 100% basis unless otherwise stated. |