Third quarter 2010 operations

RNS Number : 3654U
Rio Tinto PLC
14 October 2010
 



Third quarter 2010 operations review

 

14 October 2010

 

Chief executive Tom Albanese said: "We have delivered consistently strong operating performance in 2010 and the third quarter was no exception. We continue to run our operations at close to or above capacity rates, taking advantage of strong prices for our products. This quarter we achieved record production in iron ore, alumina and coking coal. Our investment in organic growth is gathering momentum. We approved more than $4 billion of capital projects during the third quarter, including investment towards the expansion of our Pilbara iron ore operations to 330 million tonnes per annum. This takes our total approvals this year to $5.5 billion and is consistent with our capex guidance of $13 billion over the 18 months to December 2011."

 

·      Rio Tinto's attributable iron ore production set a new quarterly record across its global operations, with Hamersley benefiting from the ramp up of new replacement tonnes at Brockman 4 and Western Turner Syncline. Attributable production during the first nine months was 10 per cent higher than the same period of 2009.

 

·      The Pilbara system operated in excess of its nameplate capacity during the quarter and matched the record third quarter 2009 production of 56.8 million tonnes (100 per cent basis).

 

·      Mined copper and gold were down 19 per cent and 33 per cent on the third quarter of 2009 primarily due to lower grades at Grasberg. Refined copper and gold were up six per cent and 46 per cent on the third quarter of 2009 reflecting greater efficiencies at the Kennecott Utah Copper smelter.

 

·      Bauxite production increased 17 per cent on the third quarter of 2009 in line with higher demand. Alumina production was a quarterly record, up six per cent on the third quarter of 2009. Aluminium production was down two per cent.

 

·      Australian hard coking coal production was a record 2.4 million tonnes, up 17 per cent on the third quarter of 2009 reflecting increased investment at the Queensland operations. Australian thermal coal production was down 14 per cent on the same period, mainly due to wet weather in the Hunter Valley.

 

·      The continued recovery in diamonds and minerals production reflected improving market fundamentals compared with the difficult conditions of 2009.

 

·      Rio Tinto approved capital projects totalling $4.2 billion during the third quarter, including $1.3 billion for the Pilbara iron ore expansions, $0.8 billion for the completion of the Argyle Diamonds underground mine and $1.6 billion for the development of the Hope Downs 4 iron ore mine in the Pilbara.

 

All currency figures in this report are US dollars, and comments refer to Rio Tinto's share of production, unless otherwise stated



CORPORATE ACTIVITY

 

On 13 September, Rio Tinto increased its ownership in Ivanhoe Mines Ltd. to 34.9 per cent, following the automatic conversion of the US$350 million convertible credit facility Rio Tinto made available to Ivanhoe Mines Ltd. in 2007 which was fully drawn down by mid-2008.

 

IRON ORE

 

Rio Tinto share of production (000 tonnes)

 

Q3 10

vs Q3 09

vs Q2 10

9 mths 10

vs 9 mths 09

Hamersley

33,827

-3%

+14%

93,416

+5%

Hope Downs

3,554

+18%

-12%

11,659

+56%

Robe River

7,947

+2%

+4%

23,071

+11%

IOC (pellets and concentrate)

2,280

+72%

-0%

6,433

+13%

 

Markets

Third quarter sales volumes from the Pilbara region of Western Australia of 56 million tonnes (100 per cent basis) were consistent with the same quarter of 2009.

 

Pilbara expansion

During the third quarter, Rio Tinto announced investments totalling US$1.3 billion for the expansion to 230 million tonnes per annum and for early lead items in its drive to expand the Pilbara by an additional one hundred million tonnes per annum.

The Pilbara 330 expansion centres on increasing Rio Tinto's port at Cape Lambert from its current annual capacity of 80 million tonnes to 180 million tonnes by 2015. This will be achieved through construction of a new 1.8 kilometre jetty and four-berth wharf to run parallel to the existing jetty and four-berth wharf.

Rio Tinto's planned growth of its Pilbara iron ore operations to 330 Mt/a capacity consists of the following steps:

·      225 Mt/a by end of Q1 2011 - Dampier port systems efficiencies (in implementation)

·      230 Mt/a by end of Q1 2012 - Dampier port incremental gains (in implementation)

·      280 Mt/a by end of H2 2013 - Cape Lambert port 1st 50 Mt/a increment (in feasibility study)

·      330 Mt/a by end of H2 2015 - Cape Lambert port 2nd 50 Mt/a increment (pre-feasibility completed)

 

Pilbara operations

Pilbara production matched the record third quarter of 2009 as the mines continued to operate at above nameplate capacity. Hamersley production rebounded from the second quarter as the new Brockman 4 and Western Turner Syncline mines ramped up. Production from Robe River similarly benefited from rising production from Mesa A.

 

On 13 August, Rio Tinto announced that it would resist the application by Fortescue Metals to appeal the third party rail access decision by the Federal Court of Australia.  Rio Tinto has also applied to the Federal Court to overturn the determination to declare access to the Robe line until 2018.

 

On 30 August Rio Tinto announced an investment of US$1.6 billion (Rio Tinto share $1.0 billion) to develop the Hope Downs 4 iron ore project in Western Australia and link with Rio Tinto's existing rail, power and port infrastructure in the Pilbara.

 

Iron Ore Company of Canada (IOC)

Strong third quarter production of pellets and concentrate at IOC reflected a recovery in demand, as well as a return to the normal proportions of concentrate and pellet sales in the overall sales mix. Third quarter production was 72 per cent higher than the same period of 2009 when a five week shutdown took place in response to weak market conditions.

 

HIsmelt

The HIsmelt pig iron plant in Western Australia remains on a care and maintenance programme due to depressed global pig iron prices.

 

2010 production guidance

Rio Tinto's global iron ore operations are expected to remain producing at close to nameplate capacity for the remainder of the year. 2010 production is expected to be approximately 179 million tonnes (attributable) and 234 million tonnes on a 100 per cent basis.

 

COPPER

 

Rio Tinto share of production

 

Q3 10

vs Q3 09

vs Q2 10

9 mths 10

vs 9 mths 09

Kennecott Utah Copper

 

 

 

 

 

Mined copper (000 tonnes)

65.2

-14%

+19%

181.3

-23%

Refined copper (000 tonnes)

74.8

+11%

+25%

204.5

+2%

Molybdenum (000 tonnes)

2.7

-21%

-4%

8.7

+11%

Mined gold (000 ozs)

105

-24%

-5%

372

-13%

Refined gold (000 ozs)

164

+46%

+13%

484

+46%

Escondida

 

 

 

 

 

Mined copper (000 tonnes)

73.3

-6%

-10%

227.1

-2%

Refined copper (000 tonnes)

23.5

-6%

+2%

65.4

-12%

Grasberg JV

 

 

 

 

 

Mined copper (000 tonnes)

2.2

-91%

-84%

29.4

-61%

Mined gold (000 ozs)

53

-55%

+103%

117

-52%

Northparkes

 

 

 

 

 

Mined copper (000 tonnes)

8.1

+18%

+4%

23.2

+11%

Palabora

 

 

 

 

 

Mined copper (000 tonnes)

10.9

-2%

+5%

31.9

-11%

 

Kennecott Utah Copper

Production of copper, gold and silver in concentrates were lower than the third quarter of 2009 due to continued lower ore grades.  To take advantage of higher copper prices during the third quarter, ore was mined with a bias towards copper, adversely affecting molybdenum production. 

 

Refined copper and gold production increased 11 per cent and 46 per cent, respectively, compared with the third quarter of 2009, due to efficiencies achieved following the smelter shutdown. Refined metal production is expected to decline during the fourth quarter due to lower concentrate availability. 

 

Escondida

Mined copper production was positively impacted by higher concentrate production due to completion of the SAG Mill repairs in the prior year. Overall, mined copper was six per cent lower than the third quarter of 2009 due primarily to a decrease in head grade.

 

Refined copper production declined by six per cent compared with the same quarter of 2009 primarily due to a decrease in head grade.

 

Grasberg

Freeport is due to release its 100 per cent operating data for the third quarter on 21 October 2010.

Rio Tinto's third quarter share of joint venture copper and gold was impacted by the anticipated lower ore grades and lower mill throughput; these factors reduced the Rio Tinto share of cumulative production under the metal strip agreement.

 

Northparkes

Mined copper production at Northparkes rose by 18 per cent compared with the same quarter of 2009 due to increased feed grade from the E48 block cave.

 

Palabora

Mined copper production at Palabora was consistent with previous quarters. At the end of the third quarter, a bridge on the rail line linking the mine and the ports of Richards Bay and Maputo was destroyed by a freight train. Early indications are that the bridge is likely to be out of service for six to eight weeks. Magnetite volumes are being trucked out of Palabora whilst copper volumes are not currently affected.

 

2010 production guidance

In 2010, Rio Tinto's share of mined and refined copper production is expected to be 660,000 tonnes and 380,000 tonnes, respectively.

 

ALUMINIUM

 

Rio Tinto share of production (000 tonnes)

 

Q3 10

vs Q3 09

vs Q2 10

9 mths 10

vs 9 mths 09

Bauxite

8,696

+17%

+9%

24,887

+15%

Alumina

2,347

+6%

+5%

6,797

+4%

Aluminium

939

-2%

-1%

2,828

-1%

 

Bauxite

Third quarter bauxite production was 17 per cent higher than the same quarter of 2009 with increased production at Weipa and Sangaredi in line with rising third party demand.

 

Alumina

Third quarter alumina production set a new quarterly record at 2.3 million tonnes and included record production at Yarwun following efficiencies in work management and process improvements. Production was six per cent higher than the third quarter of 2009 when production cutbacks were made, primarily at the Vaudreuil refinery. Idled capacity at this plant was restarted in the fourth quarter of 2009.

 

Aluminium

Third quarter aluminium production was two per cent lower than the same quarter of 2009, driven by lower production at Laterrière following a power outage in July which forced the temporary closure of one of the plant's two potlines. The process of gradually restarting the 216 pots on the suspended production line began in early August 2010 and the smelter returned to full production at the end of September. The loss of metal production during the partial shutdown is estimated to be around 25,000 tonnes.

 

Other movements included higher production at NZAS following a transformer failure in 2008 which impacted 2009 and a gradual return to full capacity at the operating UK smelters, partly offset by the cessation of smelting activities at Anglesey, all reflecting continued market discipline.

 

Low snow and rain levels in the Saguenay region of Quebec during the first half of 2010 has led to reduced power generation. This resulted in the need to purchase additional power under a specially negotiated power block from the state utility over the course of the next 12 months. As previously guided, the impact on EBITDA in the second half of 2010 is expected to be approximately $100 million.

 

2010 production guidance

In 2010, Rio Tinto's share of alumina and aluminium production is expected to be 9.4 million tonnes and 3.8 million tonnes, respectively.

 

ENERGY

 

Australian coal

Rio Tinto share of production (000 tonnes)

 

Q3 10

vs Q3 09

vs Q2 10

9 mths 10

vs 9 mths 09

Rio Tinto Coal Australia

 

 

 

 

 

Hard coking coal

2,434

+17%

+2%

6,688

+25%

Other coal

5,161

-14%

-7%

15,554

-9%

 

Hard coking coal production from the Queensland coal operations set a new quarterly record increasing by 17 per cent compared with the same quarter of 2009. Hail Creek production benefited from the recent investment in two additional shovels and two new truck fleets.

 

Thermal and semi-soft coal production was 14 per cent lower than the corresponding quarter of 2009, attributable to wet weather in New South Wales reducing the time available for waste removal. In addition, a planned 12 day maintenance shutdown of the Hunter Valley Operations wash plant took place. Blair Athol continued to wind down to 3 million tonnes per annum, partly offset by the ramp up of Clermont which produced 1.1 million tonnes in the quarter.

 

2010 production guidance

In 2010, Rio Tinto's share of Australian hard coking, semi soft coking coal and thermal coal production is expected to be 9.5 million tonnes, 3.3 million tonnes and 19.1 million tonnes, respectively.

 

Uranium

Rio Tinto share of production (000 lbs)

 

Q3 10

vs Q3 09

vs Q2 10

9 mths 10

vs 9 mths 09

Energy Resources of Australia

1,421

-34%

+19%

3,979

-36%

Rössing

1,354

-17%

-5%

4,122

-10%

 

Third quarter production at both ERA and Rössing continued to be impacted by lower average feed grade compared with the same quarter of 2009.

 

DIAMONDS & MINERALS

 

Rio Tinto share of production

Diamonds (000 carats)

Q3 10

vs Q3 09

vs Q2 10

9 mths 10

vs 9 mths 09

Argyle

2,425

+7%

-7%

7,561

+7%

Diavik

1,070

+115%

+11%

2,974

+23%

 

 

 

 

 

 

Minerals (000 tonnes)

 

 

 

 

 

Borates

141

+13%

+3%

388

+23%

Titanium dioxide feedstock

335

+103%

-6%

1,019

+24%

Talc

259

+8%

-2%

763

+15%

 

Recovery from the production slowdown at Argyle in 2009 has been partially offset by processing of lower grade open pit ore in 2010.

 

Carat production at Diavik recovered from the third quarter of 2009 when a six week shutdown took place, partly offset by a higher proportion of ore sourced from the lower grade A418 pipe. Operations were scaled back in 2009 in response to the economic slowdown.

 

Minerals production continued to increase in line in response to the recovery of the global economy. Higher borates production reflected stronger demand from the Asia Pacific region.  

 

Third quarter titanium dioxide feedstocks production also reflected improved market conditions and reflected an eight week summer shutdown at RTIT in 2009.

 

Capital and major evaluation projects

Capital expenditure for the second half of 2010 through to the end of 2011 is anticipated to be approximately $13 billion, subject to stable investment conditions.

 

Project

Approved

capital cost

(100%)

Status/Milestones

Approved in first half of 2010



 




 

Molybdenum - investment in phases 1 and 2 of Moly autoclave project (MAP) to enable lower-grade concentrate to be processed more efficiently than conventional roasters and allow improved recoveries

$340m

First approved in June 2008, the project was put on hold. Approval was given in April 2010 to restart the project. First production from phase 1 is anticipated in the fourth quarter of 2012 and full capacity of 30mlbs is scheduled for fourth quarter 2013. The phase 2 expansion to 60mlbs per annum is anticipated to be completed in the first quarter of 2015.

 

Iron ore - expansion of Iron Ore Company of Canada's concentrate capacity (Rio Tinto 58.7%)

$401m

Initially approved in March 2008, the project recommenced in May 2010 to expand concentrate capacity by 4mtpa to 22mtpa by 2012 with options to expand further to 26mtpa.

 

Nickel - construction of the Eagle nickel and copper mine in Michigan (USA).

$469m

Approved in June 2010, first production is expected in late 2013. The mine will produce an average of 17.3kt and 13.2kt per year of nickel and copper metal respectively over six years.

 

Approved / restarted in third quarter of 2010



 

Iron ore - preparation for the expansion of the Pilbara to 330Mtpa and beyond

$990m

Approved in July and August 2010, the funding will allow dredging contracts to be issued and long lead items to be ordered as part of early works on the expansion of the Cape Lambert port to 180mtpa capacity.

 

Iron ore - development of Hope Downs 4 mine in the Pilbara (RT 50%)

$1.6bn

Approved in August 2010, first production is expected in 2013. The new mine will have a capacity of 15mtpa and a capital cost of $1.2 billion (RT share $0.6bn). RT will fully fund the $425 million for the rail, rolling stock and power infrastructure.

 

Diamonds - Argyle Diamond mine underground project

$803m

Originally approved in 2005, project was slowed in 2009. The remaining $803 million to complete was approved in September 2010. The underground will be fully operational in 2013 with targeted production of 20 million carats a year. It will extend the mine life to at least 2019.

 

Iron ore - debottlenecking of Dampier port to expand the Pilbara capacity to 230 million tonnes per annum

 

$321m

Approved in September 2010, the project will add 10 million tonnes of annual capacity at the Dampier port by Q1 2012. No additional capex is required at the mines.

 

Aluminium - ISAL modernisation

 

$487m

Approved in September 2010, the project will increase production from 190kt to 230kt between April 2012 and July 2014. The total includes $140m in a leading-edge casting facility to produced value-added billet.

 

 

Sustaining capital expenditure for 2010, excluding equity accounted units, is estimated to be $2.5 billion (Rio Tinto funded).

EXPLORATION AND EVALUATION

 

Pre-tax and pre-divestment expenditure on exploration and evaluation charged to the profit and loss account in the first nine months of 2010 was $371 million compared with $356 million in same period of 2009. During the first nine months of 2010 the Group realised $71 million (pre-tax) from the divestment of central exploration properties, compared with $68 million in the same period of 2009.

 

Exploration highlights 

Order of Magnitude work continued at the Amargosa bauxite project in Brazil. The project is on track to be handed over to Rio Tinto Alcan by the end of 2011.

 

Initial test flights of the VK1 airborne gravity gradiometer were successfully completed in Western Australia.  Optimisation of the instrument is now underway in preparation for production flying. This is a step-change technology with exploration applications in a number of different commodities.

 

A summary of activity for the period is as follows:

 

Product Group

Advanced projects

Greenfield programmes

Aluminium

Amargosa, Brazil

Australia, Brazil, Guyana, Laos

Copper

Copper: Bingham Orbit, US.

Nickel: Tamarack, US

Copper: Chile, Kazakhstan, Mongolia, Peru, Russia, US

Nickel: Canada, South Africa,  US 

Diamonds & Minerals


Diamonds: Canada, Democratic Republic of Congo, India, US 

Energy

Coal: Bowen Basin, Australia ; Altai Nuurs, Mongolia 

Uranium: Rössing, Namibia

 

Uranium:  Australia,  Jordan

 

Iron Ore

Pilbara, Australia

Brazil, Canada, Democratic Republic of Congo

 

Mine-lease exploration continued at a number of Rio Tinto businesses including Kennecott Utah Copper, Eagle, Northparkes, Energy Resources of Australia, Rössing, Diavik and Pilbara Iron. 

 

Pre-feasibility or feasibility work progressed on a number of projects including Resolution (copper/molybdenum, US), La Granja (copper, Peru), Bunder (diamonds, India), Simandou (iron ore, Guinea) and several Pilbara iron ore deposits.

 

 

About Rio Tinto

 

Rio Tinto is a leading international mining group headquartered in the UK, combining Rio Tinto plc, a London and NYSE listed public company, and Rio Tinto Limited, which is a public company listed on the Australian Securities Exchange.

 

Rio Tinto's business is finding, mining, and processing mineral resources. Major products are aluminium, copper, diamonds, energy (coal and uranium), gold, industrial minerals (borax, titanium dioxide, salt, talc) and iron ore. Activities span the world but are strongly represented in Australia and North America with significant businesses in South America, Asia, Europe and southern Africa.

 



For further information, please contact:

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Mobile: +44 (0) 7825 275 605

 

Media Relations, Australia / Asia

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Media Relations, Canada

Bryan Tucker

Office: +1 (0) 514 848 8151

Mobile: +1 (0) 514 825 8319

 

Investor Relations, London

Mark Shannon

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Mobile: +44 (0) 7917 576597

David Ovington

Office:  +44 (0) 20 7781 2051

Mobile: +44 (0) 7920 010 978

Investor Relations, North America

Jason Combes

Office:  +1 (0) 801 204 2919

Mobile: +1 (0) 801 558 2645

 

Investor Relations, Australia

Dave Skinner

Office:  +61 (0) 3 9283 3628

Mobile: +61 (0) 408 335 309

Simon Ellinor

Office:  +61 (0) 7 3361 4365

Mobile: +61 (0) 439 102 811

 

 

Website:  www.riotinto.com

Email:     media.enquiries@riotinto.com / enquiries.mediaaustralia@riotinto.com

           

High resolution photographs and media pack available at: http://www.riotinto.com/media

 

 

 

 

 

 

 

 

 



Rio Tinto production summary

Rio Tinto share of production

 



Quarter


9

Months


% Change



2009

2010

2010


2009

2010


Q3 10

Q3 10

9 MTHS 10



Q3

Q2

Q3


9 MTHS

9 MTHS


vs

vs

vs










Q3 09

Q2 10

9 MTHS 09

Principal Commodities












Alumina

('000 t)

2.208

2,240

2,347


6,533

6,797


6%

5%

4%

Aluminium

('000 t)

956

952

939


2,846

2,828


-2%

-1%

-1%

Bauxite

('000 t)

7,443

7,945

8,696


21,625

24,887


17%

9%

15%

Borates

('000 t)

124

136

141


315

388


13%

3%

23%

Coal  - hard coking coal

('000 t)

2,077

2,395

2,434


5,348

6,688


17%

2%

25%

Coal - other Australian

('000 t)

6,031

5,530

5,161


17,081

15,554


-14%

-7%

-9%

Coal - US

('000 t)

23,327

11,143

11,848


65,888

33,057


-49%

6%

-50%

Copper - mined

('000 t)

197.2

167.9

159.7


601.4

492.9


-19%

-5%

-18%

Copper - refined

('000 t)

100.6

90.6

106.7


306.9

293.3


6%

18%

-4%

Diamonds

('000 cts)

2,787

3,610

3,536


9,575

10,643


27%

-2%

11%

Iron ore

('000 t)

46,977

43,610

47,608


122,810

134,579


1%

9%

10%

Titanium dioxide feedstock

('000 t)

165

355

335


822

1,019


103%

-6%

24%

Uranium

('000 lbs)

3,778

2,628

2,776


10,780

8,101


-27%

6%

-25%

Other Metals & Minerals











Gold - mined

('000 ozs)

278

169

187


737

581


-33%

11%

-21%

Gold - refined

('000 ozs)

112

146

164


332

484


46%

13%

46%

Molybdenum

('000 t)

3.4

2.8

2.7


7.9

8.7


-21%

-4%

11%

Salt

('000 t)

1,731

1,459

1,115


4,657

3,761


-36%

-24%

-19%

Silver - mined

('000 ozs)

2,122

1,634

1,595


6,193

5,013


-25%

-2%

-19%

Silver - refined

('000 ozs)

886

1,112

1,207


2,902

3,638


36%

9%

25%

Talc

('000 t)

240

264

259


666

763


8%

-2%

15%

 

 

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 nine month figures.

 



Rio Tinto share of production

 


Rio Tinto

3Q

4Q

1Q

2Q

3Q

9 MTHS

9 MTHS


interest

2009

2009

2010

2010

2010

2009

2010

ALUMINA









Production ('000 tonnes)









Gardanne (a)

100%

-

-

-

-

-

-

-

Gove

100%

641

656

595

615

642

1,863

1,852

Jonquière (Vaudreuil)

100%

261

288

316

309

340

836

966

Queensland Alumina

80%

803

813

762

790

765

2,354

2,317

São Luis (Alumar)

10%

37

53

59

51

68

112

177

Yarwun

100%

345

341

336

318

364

1,005

1,018

Specialty alumina plants

100%

121

129

143

157

168

363

468

Rio Tinto total alumina production


2,208

2,282

2,211

2,240

2,347

6,533

6,797

ALUMINIUM









Production ('000 tonnes)









Australia - Bell Bay

100%

44

44

43

44

45

133

132

Australia - Boyne Island

59%

84

84

82

83

84

247

248

Australia - Tomago

52%

69

68

67

68

69

204

203

Cameroon - Alucam (Edéa)

47%

9

10

8

6

10

24

24

Canada - six wholly owned (b)

100%

343

345

337

339

315

1,045

991

Canada - Alouette (Sept-Îles)

40%

58

58

57

57

56

172

170

Canada - Bécancour

25%

26

27

26

27

26

78

78

France - two wholly owned

100%

89

90

88

89

89

255

267

Iceland - ISAL (Reykjavik)

100%

48

48

47

47

48

141

142

New Zealand - Tiwai Point 

79%

57

64

65

68

70

151

203

Norway - SORAL (Husnes)

50%

11

11

11

11

11

38

33

Oman - Sohar

20%

18

19

18

18

19

52

55

UK - two wholly owned

100%

36

40

41

47

49

107

137

UK - Anglesey (c)

51%

18

-

-

-

-

54

-

USA - Sebree

100%

48

49

48

49

48

144

146

Rio Tinto total aluminium production


956

957

937

952

939

2,846

2,828

BAUXITE









Production ('000 tonnes) (d)









Awaso (e)

0%

22

47

34

-

-

305

34

Gove

100%

1,822

1,996

1,849

1,799

1,771

5,188

5,419

Porto Trombetas

12%

480

521

457

487

548

1,356

1,492

Sangaredi

(f)

1,171

1,565

1,356

1,392

1,415

3,482

4,163

Weipa

100%

3,949

4,942

4,550

4,266

4,962

11,293

13,778

Rio Tinto total bauxite production


7,443

9,072

8,246

7,945

8,696

21,625

24,887

 



 


Rio Tinto

3Q

4Q

1Q

2Q

3Q

9 MTHS

9 MTHS


interest

2009

2009

2010

2010

2010

2009

2010

BORATES









Production ('000 tonnes B2O3 content)









Rio Tinto Minerals - borates

100%

124

109

111

136

141

315

388

COAL - HARD COKING









Rio Tinto Coal Australia ('000 tonnes)









Hail Creek Coal

82%

1,496

1,513

1,006

1,468

1,709

3,660

4,182

Kestrel Coal

80%

581

607

852

927

726

1,688

2,505

Rio Tinto total hard coking coal production


2,077

2,119

1,858

2,395

2,434

5,348

6,688

COAL - OTHER (g)









Rio Tinto Coal Australia ('000 tonnes)









Bengalla

30%

445

434

372

447

337

1,221

1,156

Blair Athol Coal

71%

2,142

1,858

1,525

1,569

1,260

6,210

4,354

Clermont (h)

50%

-

-

-

265

560

-

825

Hunter Valley Operations

76%

2,085

2,305

1,955

1,961

1,932

6,199

5,848

Kestrel Coal

80%

111

163

143

182

141

516

466

Mount Thorley Operations

61%

583

711

299

499

374

1,313

1,172

Warkworth

42%

665

549

569

607

557

1,622

1,733

Total Australian other coal


6,031

6,022

4,863

5,530

5,161

17,081

15,554










US Coal ('000 tonnes)









Antelope  (i)

48%

8,057

5,898

3,708

3,907

4,155

23,133

11,767

Colowyo

100%

845

717

582

506

684

2,497

1,772

Cordero Rojo (i)

48%

9,586

7,289

3,906

4,389

4,535

26,071

12,827

Decker (i)

24%

588

387

103

180

171

1,630

454

Spring Creek (i)

48%

4,251

2,803

1,774

2,161

2,303

12,557

6,236

Total US coal


23,327

17,095

10,073

11,143

11,848

65,888

33,057

Rio Tinto total other coal production


29,358

23,117

14,936

16,673

17,009

82,969

48,611

 



 


Rio Tinto

3Q

4Q

1Q

2Q

3Q

9 MTHS

9 MTHS


interest

2009

2009

2010

2010

2010

2009

2010

COPPER









Mine production ('000 tonnes) (d)









Bingham Canyon

100%

75.8

66.8

61.3

54.8

65.2

236.7

181.3

Escondida

30%

78.2

85.9

72.7

81.0

73.3

232.5

227.1

Grasberg - Joint Venture (j)

40%

25.2

32.5

13.4

13.8

2.2

75.2

29.4

Northparkes

80%

6.9

6.5

7.3

7.8

8.1

20.9

23.2

Palabora

58%

11.1

11.6

10.6

10.4

10.9

36.0

31.9

Rio Tinto total mine production


197.2

203.3

165.3

167.9

159.7

601.4

492.9

Refined production ('000 tonnes)









Escondida

30%

25.0

24.0

18.9

23.1

23.5

74.2

65.4

Kennecott Utah Copper

100%

67.6

72.9

70.1

59.6

74.8

201.3

204.5

Palabora

58%

8.0

8.7

6.9

7.9

8.5

31.3

23.3

Rio Tinto total refined production


100.6

105.5

95.9

90.6

106.7

306.9

293.3

DIAMONDS









Production ('000 carats)









Argyle

100%

2,274

3,504

2,531

2,605

2,425

7,086

7,561

Diavik

60%

497

918

938

967

1,070

2,421

2,974

Murowa

78%

17

29

29

38

42

68

108

Rio Tinto total diamond production


2,787

4,451

3,497

3,610

3,536

9,575

10,643

GOLD









Mine production ('000 ounces) (d)









Barneys Canyon

100%

0

0

1

0

0

2

2

Bingham Canyon

100%

138

158

157

109

104

424

370

Escondida

30%

9

13

12

13

14

30

39

Grasberg - Joint Venture (j)

40%

118

187

38

26

53

242

117

Northparkes

80%

7

9

11

14

14

19

39

Rawhide (k)

0%

5

5

4

5

-

14

9

Others

-

2

1

2

2

2

6

5

Rio Tinto total mine production


278

374

225

169

187

737

581

Refined production ('000 ounces)









Kennecott Utah Copper

100%

112

147

174

146

164

332

484

 



 


Rio Tinto

3Q

4Q

1Q

2Q

3Q

9 MTHS

9 MTHS


interest

2009

2009

2010

2010

2010

2009

2010

IRON ORE & IRON









Production ('000 tonnes) (d)









Hamersley - six wholly owned mines

100%

30,353

30,050

25,510

25,712

30,334

76,758

81,555

Hamersley - Channar

60%

1,851

1,517

2,006

1,534

1,312

5,108

4,852

Hamersley - Eastern Range

(m)

2,636

2,349

2,473

2,354

2,182

6,969

7,008

Hope Downs

50%

3,019

2,843

4,054

4,052

3,554

7,474

11,659

Iron Ore Company of Canada

59%

1,329

2,432

1,870

2,284

2,280

5,698

6,433

Robe River

53%

7,789

8,037

7,448

7,675

7,947

20,804

23,071

Rio Tinto total mine production


46,977

47,228

43,361

43,610

47,608

122,810

134,579

Pig iron production ('000 tonnes)








HIsmelt® (l)

60%

-

-

-

-

-

-

-

MOLYBDENUM









Mine production ('000 tonnes) (d)









Bingham Canyon

100%

3.4

3.4

3.2

2.8

2.7

7.9

8.7

SALT









Production ('000 tonnes)









Dampier Salt

68%

1,731

1,192

1,187

1,459

1,115

4,657

3,761

SILVER









Mine production ('000 ounces) (d)









Bingham Canyon

100%

1,189

1,187

1,146

870

845

3,684

2,861

Escondida

30%

316

492

471

436

469

1,135

1,377

Grasberg - Joint Venture (j)

40%

460

557

16

147

159

917

322

Others

-

158

138

151

181

121

458

454

Rio Tinto total mine production


2,122

2,375

1,784

1,634

1,595

6,193

5,013

Refined production ('000 ounces)








Kennecott Utah Copper

100%

886

1,148

1,320

1,112

1,207

2,902

3,638

TALC









Production ('000 tonnes)









Rio Tinto Minerals - talc

100%

240

222

240

264

259

666

763

TITANIUM DIOXIDE FEEDSTOCK









Production ('000 tonnes)









Rio Tinto Iron & Titanium

100%

165

325

329

355

335

822

1,019

 



 

 

Rio Tinto

3Q

4Q

1Q

2Q

3Q

9 MTHS

9 MTHS

 

interest

2009

2009

2010

2010

2010

2009

2010

URANIUM

 

 

 



 


 

Production ('000 lbs U3O8)

 








Energy Resources of Australia

68%

2,138

1,663

1,361

1,196

1,421

6,202

3,979

Rössing

69%

1,640

1,697

1,336

1,432

1,354

4,578

4,122

Rio Tinto total uranium production


3,778

3,360

2,697

2,628

2,776

10,780

8,101

Production data notes

 

(a)           Production of smelter grade alumina at Gardanne ceased at the end of 2008. Production continues from the Gardanne specialty alumina plant.

(b)           Includes data for the Beauharnois smelter which ceased smelting operations in the second quarter of 2009.

(c)           The Anglesey smelter ceased smelting operations at the end of the third quarter of 2009.

(d)           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 pellets.

(e)           Rio Tinto Alcan had an 80% interest in the Awaso mine but purchased the additional 20% of production. Rio Tinto Alcan sold its interest in Ghana Bauxite Company, owner of the Awaso mine, with an effective date of 1 February 2010. Production data are shown up to that date.

(f)            Rio Tinto has a 22.95% shareholding in the Sangaredi mine but receives 45.0% of production under the partnership agreement.

(g)           Coal - other includes thermal coal and semi-soft coking coal.

(h)           Production commenced at Clermont in the second quarter of 2010.

(i)            As a result of the initial public offering of Cloud Peak Energy Inc. on 20 November 2009, Rio Tinto now holds a 48.3% interest in the Antelope, Cordero Rojo and Spring Creek mines and a 24.1% interest in the Decker mine. These interests were formerly reported under Rio Tinto Energy America but are now managed by Cloud Peak Energy.

(j)            Through a joint venture agreement with Freeport-McMoRan Copper & Gold (FCX), Rio Tinto is entitled to 40% of additional material mined as a consequence of expansions and developments of the Grasberg facilities since 1998. Rio Tinto's share of production reflects actual production for the periods shown.

(k)           Rio Tinto sold its 100% interest in the Rawhide mine with an effective date of 25 June 2010.  Production data are shown up to that date.

(l)            In March 2009, Rio Tinto announced that HIsmelt would be placed on an extended care and maintenance programme.

(m)          Rio Tinto's share of production includes 100% of the production from 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.

The Rio Tinto percentage interest shown above is at 30 September 2010.

 

Where Rio Tinto's beneficial interest in an operation has changed, as footnoted above, the share of production has been calculated using the weighted average interest over the relevant periods.  Rio Tinto's interests in the Ningxia aluminium smelter, Corumbá and Jacobs Ranch mines were sold in 2009. No data for these operations are included in the Share of Production table.   




Rio Tinto operational data

 


Rio Tinto

3Q

4Q

1Q

2Q

3Q

9 MTHS

9 MTHS


interest

2009

2009

2010

2010

2010

2009

2010

ALUMINIUM









Rio Tinto Alcan









Bauxite Mines









Bauxite production ('000 tonnes)









Australia









Gove mine - Northern Territory

100.0%

1,822

1,996

1,849

1,799

1,771

5,188

5,419

Weipa mine - Queensland

100.0%

3,949

4,942

4,550

4,266

4,962

11,293

13,778

Brazil









Porto Trombetas (MRN) mine

12.0%

4,000

4,345

3,809

4,058

4,569

11,300

12,437

Ghana









Awaso mine (a)

80.0%

28

59

42

-

-

381

42

Guinea









Sangaredi mine (b)

23.0%

2,602

3,478

3,013

3,094

3,145

7,737

9,252

Rio Tinto Alcan share of bauxite shipments







Share of bauxite shipments ('000 tonnes)

7,803

9,140

7,671

8,458

8,513

22,431

24,642

(a)           Rio Tinto Alcan had an 80% interest in the Awaso mine but purchased the additional 20% of production. Rio Tinto Alcan sold its interest in Ghana Bauxite Company, owner of the Awaso mine, with an effective date of 1 February 2010. Production data are shown up to that date.

(b)           Rio Tinto has a 22.95% shareholding in the Sangaredi mine but receives 45.0% of production under the partnership agreement.


Smelter-Grade Alumina Refineries






642



Alumina production ('000 tonnes)









Australia









Gove refinery - Northern Territory

100%

641

656

595

615

642

1,863

1,852

Queensland Alumina Refinery -

Queensland

80%

1,003

1,017

953

987

956

2,942

2,896

Yarwun refinery - Queensland

100%

345

341

336

318

364

1,005

1,018

Brazil









São Luis (Alumar) refinery

10%

373

532

588

507

676

1,125

1,770

Canada









Jonquière (Vaudreuil) refinery - Quebec (a)

100%

261

288

316

309

340

836

966

France









Gardanne refinery  (b)

100%

-

-

-

-

-

-

-

(a)           Jonquière's production shows smelter grade alumina only and excludes hydrate produced and used by Specialty Alumina.

(b)           Production of smelter grade alumina at Gardanne ceased at the end of 2008.  Production continues from the Gardanne specialty alumina plant.

 

Rio Tinto percentage interest shown above is at 30 September 2010. The data represent full production and sales on a 100% basis unless otherwise stated.



 


Rio Tinto

3Q

4Q

1Q

2Q

3Q

9 MTHS

9 MTHS


interest

2009

2009

2010

2010

2010

2009

2010

ALUMINIUM (continued)









Specialty Alumina Plants









Specialty alumina production ('000 tonnes)








Canada









Brockville plant - Ontario

100.0%

3

4

4

5

4

12

13

Jonquière (Vaudreuil) plant - Quebec

100.0%

27

26

24

29

31

82

84

France









Beyrède

100.0%

4

6

4

5

4

10

14

Gardanne plant 

100.0%

76

83

99

105

114

234

318

La Bâthie plant  

100.0%

4

5

7

6

7

11

19

Germany









Teutschenthal plant

100.0%

6

5

5

7

7

14

19

Aluminium Smelters









Primary aluminium production ('000 tonnes)








Australia









Bell Bay smelter - Tasmania

100.0%

44

44

43

44

45

133

132

Boyne Island smelter - Queensland

59.4%

141

141

137

140

141

416

418

Tomago smelter - New South Wales

51.6%

133

133

129

131

134

395

394

Cameroon









Alucam (Edéa) smelter

46.7%

18

22

17

14

21

51

52

Canada









Alma smelter - Quebec

100.0%

109

110

107

107

109

324

324

Alouette (Sept-Îles) smelter - Quebec

40.0%

145

145

141

142

141

429

424

Arvida smelter - Quebec

100.0%

43

44

43

43

44

127

130

Beauharnois smelter - Quebec (a)

100.0%

-

-

-

-

-

11

-

Bécancour smelter - Quebec

25.1%

103

109

103

106

104

312

313

Grande-Baie smelter - Quebec

100.0%

54

54

54

54

55

161

163

Kitimat smelter - British Columbia

100.0%

53

52

50

50

44

172

145

Laterrière smelter - Quebec

100.0%

59

59

58

59

38

176

154

Shawinigan smelter - Quebec

100.0%

25

25

25

26

25

75

75

China









Ningxia (Qingtongxia) smelter (b)

0.0%

-

-

-

-

-

10

-

France









Dunkerque smelter

100.0%

64

66

64

64

65

178

194

Saint-Jean-de-Maurienne smelter

100.0%

25

24

24

24

24

77

73

 

Rio Tinto percentage interest shown above is at 30 September 2010. The data represent full production and sales on a 100% basis unless otherwise stated.

 

 



 


Rio Tinto

3Q

4Q

1Q

2Q

3Q

9 MTHS

9 MTHS


interest

2009

2009

2010

2010

2010

2009

2010

ALUMINIUM (continued)









Iceland









ISAL (Reykjavik) smelter

100.0%

48

48

47

47

48

141

142

New Zealand









Tiwai Point smelter

79.4%

71

81

82

85

88

190

256

Norway









SORAL (Husnes) smelter

50.0%

22

22

22

22

22

76

66

Oman









Sohar smelter

20.0%

89

93

89

91

93

258

274

United Kingdom









Anglesey Aluminium smelter (c)

51.0%

36

-

-

-

-

106

-

Lochaber smelter

100.0%

9

10

10

10

11

28

31

Lynemouth smelter

100.0%

27

30

31

36

38

79

106

United States









Sebree smelter - Kentucky

100.0%

48

49

48

49

48

144

146

Rio Tinto Alcan share of metal sales









Share of primary aluminium sales
('000 tonnes) (d)


1,244

1,254

1,232

1,271

1,182

3,654

3,685

 

 

(a)           The Beauharnois smelter ceased smelting operations in the second quarter of 2009.

(b)           Rio Tinto sold its 50% interest in the Ningxia aluminium smelter with an effective date of 26 January 2009

(c)           The Anglesey smelter ceased smelting operations at the end of the third quarter of 2009.

(d)           Primary aluminium sales include sales made through Rio Tinto Alcan's Engineered Products division.

 

 

BORATES









Rio Tinto Minerals - borates

100.0%








California, US and Argentina









Borates ('000 tonnes) (a)


124

109

111

136

141

315

388

 

(a)           Production is expressed as B2O3 content.

 

 

Rio Tinto percentage interest shown above is at 30 September 2010. The data represent full production and sales on a 100% basis unless otherwise stated.



 


Rio Tinto

3Q

4Q

1Q

2Q

3Q

9 MTHS

9 MTHS


interest

2009

2009

2010

2010

2010

2009

2010

COAL









Rio Tinto Coal Australia









Bengalla mine

30.3%








New South Wales, Australia









Thermal coal production ('000 tonnes)


1,468

1,434

1,228

1,478

1,112

4,032

3,818

Blair Athol Coal mine

71.2%








Queensland, Australia









Thermal coal production ('000 tonnes)


3,007

2,609

2,141

2,202

1,769

8,717

6,112

Clermont Coal mine (a)

50.1%








Queensland, Australia









Thermal coal production ('000 tonnes)


-

-

-

529

1,117

-

1,646

Hail Creek Coal mine

82.0%








Queensland, Australia









Hard coking coal production ('000 tonnes)

1,824

1,845

1,227

1,790

2,084

4,463

5,101

Hunter Valley Operations

75.7%








New South Wales, Australia









Thermal coal production ('000 tonnes)


1,610

2,400

1,892

1,736

2,213

6,205

5,841

Semi-soft coking coal production ('000 tonnes)

1,144

644

690

854

340

1,982

1,883

Kestrel Coal mine (b)

80.0%








Queensland, Australia









Thermal coal production ('000 tonnes)


138

204

179

228

176

645

583

Hard coking coal production ('000 tonnes)

726

758

1,065

1,159

907

2,110

3,132

Mount Thorley Operations

60.6%








New South Wales, Australia









Thermal coal production ('000 tonnes)


882

357

188

271

302

1,873

761

Semi-soft coking coal production ('000 tonnes)

81

818

306

552

316

294

1,174

 

 

Rio Tinto percentage interest shown above is at 30 September 2010. The data represent full production and sales on a 100% basis unless otherwise stated.



 


Rio Tinto

3Q

4Q

1Q

2Q

3Q

9 MTHS

9 MTHS


interest

2009

2009

2010

2010

2010

2009

2010

COAL (continued)









Warkworth mine

42.1%








New South Wales, Australia









Thermal coal production ('000 tonnes)


1,378

1,272

1,117

1,388

1,279

3,360

3,784

Semi-soft coking coal production ('000 tonnes)

204

34

236

54

46

496

336










Total hard coking coal production ('000 tonnes)

2,550

2,603

2,292

2,949

2,991

6,573

8,232

Total hard coking coal sales ('000 tonnes) (b)

2,761

2,761

1,873

3,110

3,023

7,499

8,006

Total other coal production ('000 tonnes) (c)

9,912

9,772

7,977

9,292

8,669

27,605

25,938

Total other coal sales ('000 tonnes) (d) (e)

9,654

10,231

7,235

8,692

9,587

26,354

25,514










Total coal production ('000 tonnes)

12,462

12,375

10,269

12,241

11,660

34,178

34,170

Total coal sales ('000 tonnes)

12,415

12,992

9,108

11,801

12,611

33,852

33,520









Rio Tinto Coal Australia share








Share of hard coking coal sales ('000 tonnes) (b)

2,246

2,246

1,519

2,526

2,459

6,091

6,504

Share of other coal sales ('000 tonnes) (d) (e)

5,955

6,205

4,377

5,267

5,588

16,300

15,231

 

(a)        Production commenced at Clermont in the second quarter of 2010.

(b)       Kestrel produces hard-coking coal and thermal coal through its mining operations. These coals may be blended at ports; blended coal sales are included in hard-coking coal sales.

(c)        Other coal production includes thermal coal and semi-soft coking coal.

(d)        Other coal sales include thermal coal and semi-soft coking coal.

(e)        Sales relate only to coal mined by the operations and exclude traded coal.

 

 

Rio Tinto percentage interest shown above is at 30 September 2010. The data represent full production and sales on a 100% basis unless otherwise stated.



 


Rio Tinto

3Q

4Q

1Q

2Q

3Q

9 MTHS

9 MTHS


interest

2009

2009

2010

2010

2010

2009

2010

COAL (continued)









US Coal









Antelope mine (a)

48.3%








Wyoming, US









Thermal coal production ('000 tonnes)


8,057

7,732

7,682

8,095

8,602

23,133

24,378

Colowyo mine

100.0%








Colorado, US









Thermal coal production ('000 tonnes)


845

717

582

506

684

2,497

1,772

Cordero Rojo mine (a)

48.3%








Wyoming, US









Thermal coal production ('000 tonnes)


9,586

9,616

8,091

9,094

9,389

26,071

26,573

Decker mine (a)

24.2%








Montana, US









Thermal coal production ('000 tonnes)


1,177

901

429

745

709

3,260

1,882

Jacobs Ranch mine (b)

0.0%








Wyoming, US









Thermal coal production ('000 tonnes)


9,126

-

-

-

-

26,537

-

Spring Creek mine (a)

48.3%








Montana, US









Thermal coal production ('000 tonnes)


4,251

3,478

3,674

4,477

4,768

12,557

12,920










Total coal production ('000 tonnes)


33,041

22,444

20,458

22,916

24,151

94,055

67,525

Total coal sales ('000 tonnes)


32,918

22,467

22,417

23,042

24,043

94,481

69,502

 

(a)           As a result of the initial public offering of Cloud Peak Energy Inc. on 20 November 2009, Rio Tinto now holds a 48.3% interest in the Antelope, Cordero Rojo and Spring Creek mines and a 24.1% interest in the Decker mine. These interests were formerly reported under Rio Tinto Energy America but are now managed by Cloud Peak Energy.

 (b)          Rio Tinto sold its 100% interest in the Jacobs Ranch mine with an effective date of 1 October 2009. Production data are shown up to that date.

 

 

Rio Tinto percentage interest shown above is at 30 September 2010. The data represent full production and sales on a 100% basis unless otherwise stated.



 


Rio Tinto

3Q

4Q

1Q

2Q

3Q

9 MTHS

9 MTHS


interest

2009

2009

2010

2010

2010

2009

2010

COPPER & GOLD









Escondida

30.0%








Chile









Sulphide ore to concentrator ('000 tonnes)

16,224

20,246

17,697

17,711

19,697

57,503

55,105

Average copper grade (%)


1.40

1.38

1.29

1.40

1.24

1.16

1.31

Mill production (metals in concentrates):









Contained copper ('000 tonnes)


188.4

233.0

189.2

205.3

197.7

544.4

592.2

Contained gold ('000 ounces)


29

42

40

42

48

102

130

Contained silver ('000 ounces)


1,052

1,641

1,571

1,454

1,565

3,783

4,589

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

72

53

53

65

47

230

165

Refined production from leach plants:








Copper cathode production ('000 tonnes)

83

80

63

77

78

247

218

(a)         With effect from the first quarter of 2010, the calculation of copper in material mined for leaching is based on ore stacked at the leach pad.

 

Freeport-McMoRan Copper & Gold









Grasberg mine (a)

0.0% (40% of the expansion)





Papua, Indonesia









Ore treated ('000 tonnes)


22,191

21,786

21,057

20,330

20,328

65,188

61,715

Average mill head grades:









Copper (%)


0.90

0.82

0.78

0.81

0.82

1.04

0.80

Gold (g/t)


1.33

1.23

0.87

0.63

0.89

1.32

0.80

Silver (g/t)


3.49

3.03

2.96

2.53

3.02

3.64

2.84

Production of metals in concentrates:









Copper in concentrates ('000 tonnes)


180.8

161.3

144.6

143.7

148.3

610.2

436.6

Gold in concentrates ('000 ounces)


823

740

481

329

467

2,337

1,277

Silver in concentrates ('000 ounces)


1,909

1,652

1,580

1,258

1,132

6,236

3,969

Sales of payable metals in concentrates: (b)








Copper in concentrates ('000 tonnes)


174.3

152.4

148.4

130.2

144.1

585.3

422.7

Gold in concentrates ('000 ounces)


796

707

499

300

445

2,247

1,245

Silver in concentrates ('000 ounces)


1,459

1,248

1,288

910

882

4,760

3,081

 

(a)           Through a joint venture agreement with Freeport-McMoRan Copper & Gold (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 3Q 2010 results show the forecast from FCX's most recent five-year plan because FCX is not releasing its actual 100% operating data for 3Q 2010 until the release of its 2010 third-quarter and nine-month results on 21 October 2010.

 (b)          Net of smelter deductions.

Rio Tinto percentage interest shown above is at 30 September 2010. The data represent full production and sales on a 100% basis unless otherwise stated.



 


Rio Tinto

3Q

4Q

1Q

2Q

3Q

9 MTHS

9 MTHS


interest

2009

2009

2010

2010

2010

2009

2010

COPPER & GOLD (continued)








Kennecott Minerals Company









Rawhide mine (a) (b)

0%








Nevada, US









Metals produced in doré:









Gold ('000 ounces)


5

5

4

5

-

14

9

Silver ('000 ounces)


63

58

52

62

-

152

114

(a)   Mining operations were completed in October 2002 and processing of stockpiled ores was completed in May 2003. Residual gold and silver production continues from the leach pads.

(b)   Rio Tinto sold its 100% interest in the Rawhide mine with an effective date of 25 June 2010.  Production data are shown up to that date

 

Kennecott Utah Copper









Barneys Canyon mine (a)

100.0%








Utah, US









Gold produced ('000 ounces)


0.4

0.4

0.8

0.4

0.4

2.0

1.6

Bingham Canyon mine

100.0%








Utah, US









Ore treated ('000 tonnes)


13,880

12,946

13,303

13,269

13,396

39,910

39,969

Average ore grade:









Copper (%)


0.60

0.57

0.52

0.48

0.55

0.66

0.52

Gold (g/t)


0.43

0.53

0.51

0.36

0.35

0.47

0.41

Silver (g/t)


3.35

3.45

3.28

2.56

2.75

3.56

2.86

Molybdenum (%)


0.038

0.044

0.042

0.039

0.043

0.035

0.041

Copper concentrates produced ('000 tonnes)

258

223

224

223

258

805

705

Average concentrate grade (% Cu)

29.3

29.9

27.2

24.6

25.1

29.3

25.6

Production of metals in copper concentrates:








Copper ('000 tonnes) (b)


75.8

66.8

61.3

54.8

65.2

236.7

181.3

Gold ('000 ounces)


138

158

157

109

104

424

370

Silver ('000 ounces)


1,189

1,187

1,146

870

845

3,684

2,861

Molybdenum concentrates produced ('000 tonnes):

6.5

6.5

6.2

5.4

5.2

15.0

16.8

Molybdenum in concentrates ('000 tonnes)

3.4

3.4

3.2

2.8

2.7

7.9

8.7

(a)           Mining operations ceased in the first quarter of 2002. Gold continues to be recovered from leach pads.

(b)           Includes a small amount of copper in precipitates.

 

Rio Tinto percentage interest shown above is at 30 September 2010. The data represent full production and sales on a 100% basis unless otherwise stated.


Rio Tinto

3Q

4Q

1Q

2Q

3Q

9 MTHS

9 MTHS


interest

2009

2009

2010

2010

2010

2009

2010

COPPER & GOLD (continued)









Kennecott smelter & refinery

100.0%








Copper concentrates smelted ('000 tonnes)


294

288

232

212

288

887

732

Copper anodes produced ('000 tonnes) (a)


67.0

79.7

72.3

53.5

81.0

207.4

206.9

Production of refined metal:









Copper ('000 tonnes)


67.6

72.9

70.1

59.6

74.8

201.3

204.5

Gold  ('000 ounces) (b)


112

147

174

146

164

332

484

Silver ('000 ounces) (b)


886

1,148

1,320

1,112

1,207

2,902

3,638

 

 

(a)           New metal excluding recycled material

(b)           Includes gold and silver in intermediate products.

 

Northparkes Joint Venture

80.0%








New South Wales, Australia









Ore treated ('000 tonnes)

1,421

1,344

1,364

1,304

1,282

4,210

3,950

Average ore grades:








Copper (%)


0.69

0.70

0.76

0.82

0.86

0.71

0.81

Gold (g/t)


0.26

0.33

0.44

0.57

0.55

0.24

0.52

Copper concentrates produced ('000 tonnes)

24.3

23.7

25.9

29.7

30.2

74.8

85.9

Contained copper in concentrates:








Saleable production ('000 tonnes)


8.6

8.1

9.1

9.8

10.1

26.2

29.0

Sales ('000 tonnes) (a)


6.6

9.7

7.5

7.5

10.5

17.3

25.6

Contained gold in concentrates:








Saleable production ('000 ounces)


8.4

11.0

14.0

17.9

17.3

23.3

49.2

Sales ('000 ounces) (a)


6.1

9.8

11.8

15.1

19.4

14.4

46.3

(a)           Rio Tinto's 80% share of material from the Joint Venture.

 

Rio Tinto percentage interest shown above is at 30 September 2010. The data represent full production and sales on a 100% basis unless otherwise stated.

 

 



 


Rio Tinto

3Q

4Q

1Q

2Q

3Q

9 MTHS

9 MTHS


interest

2009

2009

2010

2010

2010

2009

2010

COPPER & GOLD (continued)









Palabora

57.7%








Palabora mine









South Africa









Ore treated ('000 tonnes)

2,792

2,809

2,783

2,861

2,887

8,521

8,531

Average ore grade: copper (%)

0.66

0.67

0.66

0.64

0.64

0.67

0.65

Copper concentrates produced ('000 tonnes)

61.8

65.8

61.8

57.9

61.1

205.0

180.7

Average concentrate grade: copper (%)

31.1

30.5

29.8

31.1

31.0

30.5

30.6

Copper in concentrates ('000 tonnes)

19.3

20.1

18.4

18.0

18.9

62.5

55.3

Palabora smelter/refinery









New concentrate smelted on site ('000 tonnes)

58.5

67.3

57.7

59.6

61.4

199.4

178.7

New copper anodes produced ('000 tonnes)

12.5

14.3

12.4

14.6

14.3

51.6

41.3

Refined new copper produced ('000 tonnes)

13.8

15.1

12.0

13.8

14.7

54.3

40.5

By-products:









Magnetite concentrate ('000 tonnes)

759

697

754

780

764

2,148

2,299

Nickel contained in products (tonnes)

29

11

18

15

15

84

48

Vermiculite plant









Vermiculite produced ('000 tonnes)

48

50

54

46

51

146

151

 

 

DIAMONDS









Argyle Diamonds

100.0%








Western Australia









AK1 ore processed ('000 tonnes)


1,465

1,972

1,726

2,009

1,790

2,661

5,525

AK1 diamonds produced ('000 carats)


2,274

3,504

2,531

2,605

2,425

7,086

7,561

Diavik Diamonds

60.0%








Northwest Territories, Canada









Ore processed ('000 tonnes)


186

364

388

522

626

995

1,536

Diamonds recovered ('000 carats)


828

1,530

1,563

1,612

1,783

4,035

4,957

Murowa Diamonds

77.8%








Zimbabwe









Ore processed ('000 tonnes)


39

66

88

109

100

201

297

Diamonds recovered ('000 carats)


21

37

37

49

53

87

139

 

Rio Tinto percentage interest shown above is at 30 September 2010. The data represent full production and sales on a 100% basis unless otherwise stated.

 



 


Rio Tinto

3Q

4Q

1Q

2Q

3Q

9 MTHS

9 MTHS


interest

2009

2009

2010

2010

2010

2009

2010

IRON ORE & IRON









Rio Tinto Iron Ore









Pilbara Operations









Western Australia









Saleable iron ore production ('000 tonnes):









Hamersley - Paraburdoo, Mount Tom

Price, Marandoo, Yandicoogina,

Brockman and Nammuldi

100.0%

30,353

30,050

25,510

25,712

30,334

76,758

81,555

Hamersley - Channar

60.0%

3,085

2,528

3,344

2,557

2,186

8,513

8,087

Hamersley - Eastern Range

(a)

2,636

2,349

2,473

2,354

2,182

6,969

7,008

Hope Downs

50.0%

6,037

5,687

8,108

8,104

7,108

14,947

23,319

Robe River - Pannawonica

(Mesas J and A) (b)

53.0%

7,378

6,801

6,971

7,726

8,010

18,377

22,707

Robe River - West Angelas

53.0%

7,317

8,362

7,083

6,755

6,985

20,877

20,823

Total production ('000 tonnes)


56,808

55,778

53,488

53,207

56,804

146,440

163,499

Total sales ('000 tonnes) (c)


55,722

56,350

52,896

55,697

55,891

147,545

164,484

(a)           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)           Production at the Mesa A mine commenced in the first quarter of 2010.

(c)           Sales represent iron ore exported from Western Australian ports.

 

Iron Ore Company of Canada

58.7%








Newfoundland & Labrador and Quebec in Canada








Saleable iron ore production:









Concentrates ('000 tonnes)


835

1,034

261

959

702

4,690

1,922

Pellets ('000 tonnes)


1,429

3,107

2,923

2,930

3,181

5,013

9,034

Sales:









Concentrate ('000 tonnes)


1,167

1,317

314

1,455

972

3,918

2,741

Pellets ('000 tonnes)


2,086

3,307

2,676

2,996

2,406

5,703

8,078

Rio Tinto Brasil









Corumbá mine (a)

0.0%








Mato Grosso do Sul, Brazil









Saleable iron ore production ('000 tonnes)

534

-

-

-

-

1,509

-

Sales ('000 tonnes)


253

-

-

-

-

530

-

(a)           Rio Tinto sold its 100% interest in the Corumbá mine with an effective date of 18 September 2009. Production data are shown up to that date.

 

HIsmelt®

60.0%








Western Australia









Pig iron production ('000 tonnes) (a)


-

-

-

-

-

-

-

(a)           In March 2009, Rio Tinto placed HIsmelt on an extended care and maintenance programme.

Rio Tinto percentage interest shown above is at 30 September 2010. The data represent full production and sales on a 100% basis unless otherwise stated.

 

 


Rio Tinto

3Q

4Q

1Q

2Q

3Q

9 MTHS

9 MTHS


interest

2009

2009

2010

2010

2010

2009

2010

SALT









Dampier Salt

68.4%








Western Australia









Salt production ('000 tonnes)


2,532

1,744

1,737

2,134

1,630

6,812

5,501

TALC









Rio Tinto Minerals - talc

100.0%








Australia, Europe, and North America









Talc production ('000 tonnes)


240

222

240

264

259

666

763

TITANIUM DIOXIDE FEEDSTOCK









Rio Tinto Iron & Titanium

100.0%








Canada and South Africa (a) (b)









(Rio Tinto share)









Titanium dioxide

feedstock production ('000 tonnes)


165

325

329

355

335

822

1,019

(a)           Quantities comprise 100% of Rio Tinto Fer et Titane and 50% of Richards Bay Minerals production until late 2009 when RBM concluded a Broad Based Black Economic Empowerment transaction.  RTIT's share of RBM production reflects a decrease from 50% to 37% with effect from 9 December 2009.

(b)           Ilmenite mined in Madagascar is being processed in Canada with effect from June 2009.

 

URANIUM









Energy Resources of Australia Ltd









Ranger mine

68.4%








Northern Territory, Australia









Production ('000 lbs U3O8)


3,126

2,432

1,991

1,749

2,078

9,068

5,818

Rössing Uranium Ltd

68.6%








Namibia









Production ('000 lbs U3O8)


2,391

2,475

1,948

2,088

1,974

6,676

6,011

 

 

 

Rio Tinto percentage interest shown above is at 30 September 2010. The data represent full production and sales on a 100% basis unless otherwise stated.

 

 

 

 

 

 


This information is provided by RNS
The company news service from the London Stock Exchange
 
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