Rio Tinto delivers strong first quarter production

RNS Number : 8150E
Rio Tinto PLC
14 April 2014
 



Rio Tinto delivers strong first quarter production

 

15 April 2014

 

Rio Tinto chief executive Sam Walsh said "Rio Tinto has started the year with a series of performance records as we continue to drive productivity gains across our operations. Our Pilbara iron ore business has again set new benchmarks for production, shipments and rail volumes for the first quarter and we are well on track to reach nameplate capacity of 290Mt/a by the end of the first half of 2014. Our mined copper production benefited from higher ore grades at Kennecott Utah Copper and production ramp up at Oyu Tolgoi and we also had a record first quarter for bauxite, primarily driven by higher production at Weipa."

 

Highlights

 


Q1 2014

vs Q1 2013

vs Q4 2013

Global iron ore shipments

mt (100% basis)

Global iron ore production

mt (100% basis)

Mined copper

kt (RT share)

Bauxite

mt (RT share)

Aluminium

kt (RT share)

Hard coking coal

mt (RT share)

Semi-soft and thermal coal

mt (RT share)

Titanium dioxide feedstock

kt (RT share)

 

·      Record first quarter iron ore production, shipments and rail volumes. Shipments from the Pilbara exceeded production in the quarter, despite the impact of tropical cyclone Christine which closed our ports for three days at the end of 2013 and affected the progressive recovery of rail and ports into January. The full ramp up is well on track to achieve nameplate capacity of 290 Mt/a by the end of the first half of 2014.

·      Mined copper benefited from higher grades at Kennecott Utah Copper and production at Oyu Tolgoi. This more than offset the elimination of production from copper assets divested in 2013.

·      Record first quarter bauxite production and shipments were driven by a ramp up of production at the Weipa mine in Australia to feed the newly expanded Yarwun alumina refinery.

·      Production of coal improved in the first quarter of 2014 compared to the same period in 2013 due to the productivity improvement programme.

·      Exploration and evaluation expenditure was $155 million in the first quarter of 2014, sustaining the savings achieved in 2013 whilst progressing the highest priority future growth projects.

·      On 13 March 2014, Rio Tinto launched the latest phase of its industry-leading Mine of the Future™ technology and innovation programme.  The Processing Excellence Centre (PEC) is a state-of-the-art facility that harnesses 'big data' in real time at seven Rio Tinto copper and coal operations across the globe to maximise productivity and improve performance.

  

 

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

IRON ORE

 

Rio Tinto share of production (million tonnes)

 

Q1 2014

vs Q1 2013

vs Q4 2013

Pilbara Blend Lump

Pilbara Blend Fines

Robe Valley Lump

Robe Valley Fines

Yandicoogina Fines (HIY)

IOC (pellets and concentrate)

 

Global iron ore production of 66.4 million tonnes (Rio Tinto share 52.3 million tonnes) and shipments of 66.7 million tonnes set new first quarter records. Rio Tinto's share of production was eight per cent higher than in the same period of 2013.

 

Pilbara operations

First quarter production of 63.4 million tonnes (Rio Tinto share 50.6 million tonnes) was ten per cent higher than the same period in 2013 and set a new first quarter record, driven by productivity improvements and the continued ramp up towards 290Mt/a.

 

Production in the first quarter was below fourth quarter levels due to disruption caused by seasonal weather patterns. Severe tropical cyclone Christine closed Rio Tinto's Pilbara ports and coastal rail operations in late December. Heavy rainfall associated with this cyclone and other adverse weather conditions in January and February impacted across mine, rail and port operations.

 

Following early completion of infrastructure works associated with the 290 Mt/a project last year, the ramp up to nameplate capacity of 290 Mt/a continued in the first quarter of 2014.  The newly commissioned system achieved daily equivalent run-rates at or above nameplate capacity on certain days in the first quarter, although performance of the integrated system remains variable.  The commissioning remains on schedule to be complete by the end of the first half of 2014. 

 

Pilbara marketing

First quarter sales of 64.2 million tonnes (100 per cent basis) were 17 per cent higher than the same period of 2013, setting a new first quarter record. Sales in the first quarter continued to exceed production due to the drawdown of iron ore inventories built at Pilbara mine sites in previous years to facilitate the rapid ramp up of shipments to 290Mt/a.

 

Pilbara expansion

Expansion of the port, rail and power infrastructure capacity to 360 Mt/a remains on track for completion by the end of the first half of 2015.

 

In November 2013, Rio Tinto set out its breakthrough pathway to optimise the growth of mine capacity towards 360 Mt/a at a target all-in capital intensity of between $120-130 per tonne (100 per cent basis), significantly lower than originally planned. A series of low-cost brownfield expansions will bring on additional tonnes to feed the expanded infrastructure. From a base run rate of 290 Mt/a by the end of the first half of 2014, mine production capacity is planned to increase by more than 60 million tonnes a year between 2014 and 2017. The majority of the low-cost growth will be delivered in the next two years, with mine production of more than 330 million tonnes (100 per cent basis) expected from the Pilbara in 2015.

 

Iron Ore Company of Canada (IOC)

First quarter saleable production was 12 per cent lower than the same period of 2013 due to the exceptionally cold weather associated with a polar vortex experienced in North America.

 

Pellet sales were 14 per cent higher than in the first quarter of 2013. Concentrate sales were 33 per cent lower than the first quarter of 2013 as a result of the unusually cold weather.

 

2014 production guidance

2014 production guidance remains unchanged. Rio Tinto expects to produce approximately 295 million tonnes (100 per cent basis) from its global operations in Australia and Canada, subject to weather constraints. The full ramp up in the Pilbara to nameplate capacity of 290 Mt/a is expected to be delivered by the end of the first half of 2014. The drawdown of iron ore inventories at the Pilbara mines will continue to allow shipments to ramp up ahead of production, with around five million tonnes of inventory drawdown expected during the year.

 

 

COPPER

 

Rio Tinto share of production

 

Q1 2014

vs Q1 2013

vs Q4 2013

Kennecott Utah Copper

Mined copper (000 tonnes)

Refined copper (000 tonnes)

Molybdenum (000 tonnes)

Mined gold (000 oz)

Refined gold (000 oz)

Escondida

Mined copper (000 tonnes)

Refined copper (000 tonnes)

Grasberg

Mined copper (000 tonnes)

Oyu Tolgoi

Mined copper (000 tonnes)

Mined gold (000 oz)

 

Kennecott Utah Copper

First quarter production of copper and gold contained in concentrates improved significantly on the same period in 2013, reflecting higher grades at the mine and improved recoveries at the concentrator due to the flotation expansion completed in the third quarter of 2013. Molybdenum production in the first quarter was lower than the first quarter of 2013 due to lower grades.

 

Copper cathode production for the first quarter was five per cent higher than in the same period in 2013. A 65-day smelter shutdown is planned to start in September which will impact cathode production in the second half of 2014.

 

Escondida

Mined copper production decreased eight per cent on the first quarter of 2013. This decrease was driven by lower ore grades, partially offset by higher mill throughput.

 

Oyu Tolgoi / Turquoise Hill Resources

Production for the first quarter was 25.3 thousand tonnes of copper and 65.6 thousand ounces of gold in concentrates (Rio Tinto share 8.5 thousand tonnes and 22.0 thousand ounces). Higher grades compared to last quarter were more than offset by lower throughput due to post-commissioning issues which required a shutdown of one grinding circuit line to complete inspections and repairs during the quarter. These are now complete and full production recommenced in March.

 

Customer collections of concentrate from the Chinese bonded warehouse continued to ramp up, with the sale of 13.1 thousand tonnes of copper and 27.8 thousand ounces of gold in concentrates (100 per cent basis) recognised in the first quarter of 2014. Monitoring customer collections and inventory levels will help ensure that inventories approach appropriate levels by the end of 2014.

 

Grasberg

Rio Tinto does not expect 2014 production to exceed the metal attributable to its joint venture partner. Accordingly, Rio Tinto expects its share of joint venture production to be zero for the year.

 

2014 production guidance

2014 production guidance remains unchanged. Rio Tinto's share of mined and refined copper production is expected to be approximately 570,000 tonnes and 260,000 tonnes, respectively. Mined copper guidance is approximately 60 thousand tonnes lower than actual production in 2013. Around 50 thousand tonnes of this reduction is due to divestments completed in 2013, with the remainder driven by the smelter shut and a decrease in full year ore grades at Kennecott Utah Copper, expected to be partially offset by increased production at Oyu Tolgoi.

 

 

ALUMINIUM

 

Rio Tinto share of production (000 tonnes)

 

Q1 2014

vs Q1 2013

vs Q4 2013

Rio Tinto Alcan

Bauxite

Alumina

Aluminium

Other operations

Gove alumina refinery

 

In November 2013, Rio Tinto announced the suspension of alumina production at Gove. The Gove alumina refinery is being progressively ramped down, with each of its three production stages being suspended independently. One stage was successfully ramped down in February. The second stage was suspended in early April and the third stage is due to be suspended in June. The refinery will move to care and maintenance from July 2014. It continues to be reported separately from Rio Tinto Alcan.

 

Bauxite

Bauxite production set a new first quarter record and was five per cent higher than the same period in 2013. Production was lower than in the fourth quarter of 2013 due to maintenance activities which took place in Guinea and Brazil, adverse weather experienced at the Weipa mine from ex-tropical cyclone Gillian and the Gove bauxite mine adjusting to the curtailment of production at the Gove alumina refinery.

 

Alumina

First quarter alumina production was 17 per cent higher than the same period in 2013 due to the non-recurrence of weather conditions experienced due to ex-tropical cyclone Oswald which impacted production at both Queensland alumina refineries in the first quarter of 2013.

 

Aluminium

First quarter aluminium production was in line with the same period in 2013.  Production was slightly lower than in the fourth quarter of 2013 due to the shutdown of the Shawinigan smelter at the end of November 2013 and the partial curtailment of production at the Boyne smelter in the first quarter of this year in response to high Queensland electricity prices over the summer months.  These were partially offset by production from the newly inaugurated AP60 plant, which reached full capacity in December 2013.

 

2014 production guidance

Rio Tinto's share of bauxite, alumina and aluminium production is expected to be 41 million tonnes, 8.0 million tonnes (previously 8.1 million tonnes) and 3.4 million tonnes, respectively. This excludes alumina production from the Gove alumina refinery, which is in the advanced stages of being suspended.

 

 

ENERGY

 

Coal

Rio Tinto share of production (000 tonnes)

 

Q1 2014

vs Q1 2013

vs Q4 2013

Rio Tinto Coal Australia

Hard coking coal

Semi-soft coking coal

Thermal coal

 

Rio Tinto Coal Mozambique

Hard coking coal

Thermal coal

 

Hard coking coal production in Australia was 18 per cent higher than the first quarter of 2013 due to improved production from the Kestrel mine. The Kestrel mine coal handling preparation plant was shut for upgrade works in the first quarter of 2013 as part of the Kestrel mine extension that was completed during the second half of last year. Hard coking coal production was 20 per cent lower than in the fourth quarter due to higher rainfall, in keeping with seasonal trends.

 

Semi-soft coking coal production was ten per cent lower than the first quarter of 2013, largely due to a planned change in the production profile.

 

Australian thermal coal production increased by 17 per cent compared with the first quarter of 2013 due to continued productivity gains achieved in the Hunter Valley and producing thermal coal from a processing plant by-product stream at Hail Creek.

 

The sale of Rio Tinto's 50.1 per cent interest in the Clermont Joint Venture for $1.015 billion announced in October 2013 is expected to complete in the first half of 2014.

 

First quarter production in Mozambique was affected by rail and port constraints, as well as operational changes in response to security considerations. Operations have been moved to a day shift only, and were suspended for a period in February 2014.

 

Uranium

Rio Tinto share of production (000 lbs)

 

Q1 2014

vs Q1 2013

vs Q4 2013

Energy Resources of Australia

0

-100%

-100%

Rössing

644

-34%

-12%

 

Process plant operations at ERA remain suspended following a leach tank failure in December 2013. ERA is now implementing its restart readiness plan based on the independent expert's recommendations on asset integrity and maintenance. The restart of processing operations remains subject to the receipt of regulatory approvals. ERA continues to work closely with regulatory authorities and key stakeholders in order to gain approval to restart processing operations.

 

First quarter production at Rössing was 34 per cent lower than the same period of 2013. This was a result of reduced mill throughput and recoveries following the temporary plant stoppage caused by a December 2013 leach tank failure. Processing restarted on 11 January 2014 and the ramp up to full capacity was completed during the quarter.

 

2014 production guidance

Rio Tinto's expected share of Australian hard coking coal production has decreased marginally to 8.2 million tonnes (previously 8.5 million tonnes) with a consequent expected increase in thermal coal production to 16.7 million tonnes (previously 16.5 million tonnes; excluding production from Clermont).  This change is driven by prioritising production of thermal coal from a processing plant by-product stream at Hail Creek which delivers increased margins in the current price environment. Semi-soft coking coal production guidance remains unchanged at 3.0 million tonnes.

 

Rio Tinto's share of uranium production at Rössing in 2014 is expected to be 3.3 million pounds. Production at ERA in 2014 remains subject to the timing of regulatory approvals for restarting processing operations.

 

 

DIAMONDS & MINERALS

 

Rio Tinto share of production

 

Q1 2014

vs Q1 2013

vs Q4 2013

Diamonds (000 carats)

Argyle

Diavik

Murowa

 

Minerals (000 tonnes)

Borates - B2O3 content

Titanium dioxide feedstock

 

Salt (000 tonnes)

 

Diamonds

At Argyle, carats recovered were 24 per cent higher than the first quarter of 2013 reflecting higher grade ore from the underground mine and the processing of highly concentrated tailings. Production in the first quarter of 2014 was 22 per cent lower than in the fourth quarter last year due to the exhaustion of all remaining open pit stockpiles in the fourth quarter and significant wet weather experienced in January and February which temporarily impacted mining and processing operations. The underground project remains on track, with the second crusher due for completion early in the third quarter this year.

 

Diavik had a strong operational performance in the first quarter with a 17 per cent increase in ore processed. However, due to a greater proportion of mined and processed ore coming from the lower grade A154N pipe in the quarter, carats recovered were four per cent lower than the first quarter of 2013.

 

First quarter carats recovered at Murowa were lower than the same period in 2013 due to lower grades, slightly lower ore processed and the impact of wet weather on mining operations, which were partially offset by processing previously stockpiled material.

 

Minerals

Borates production in the first quarter was 13 per cent higher than the same quarter in 2013 in response to higher sales demand in the quarter and in preparation for the commissioning of the new modified direct dissolving of kernite (MDDK) process plant in the third quarter of 2014.

 

Rio Tinto Iron and Titanium (RTIT)

Titanium dioxide feedstock production was nine per cent lower than the first quarter of 2013 reflecting softer market demand. The planned rebuild of one of nine furnaces at Rio Tinto Fer et Titane (RTFT) continues to be postponed until market conditions for high grade titanium dioxide feedstock improve. First quarter production in 2014 increased eight per cent compared to the fourth quarter last year reflecting production increases at Richards Bay Minerals to match shipments of chloride feedstock.

 

Salt

First quarter production of salt was consistent with the same quarter of 2013, aligned with demand during the period.

 

2014 production guidance

2014 production guidance remains unchanged. Rio Tinto's share of production is expected to be 1.5 million tonnes of titanium dioxide feedstocks, 0.5 million tonnes of boric oxide equivalent and 16 million carats of diamonds.

 

 

CORPORATE

On 13 January 2014, Rio Tinto announced that it had maintained its holding in Turquoise Hill Resources at approximately 50.8 per cent following the successful completion of the approximately $2.4 billion rights offering which was fully subscribed. The proceeds of the rights issue were used to repay loans outstanding to Rio Tinto, and resulted in a $1.2 billion reduction in Rio Tinto's consolidated net debt.

 

On 12 February 2014, Rio Tinto announced that it had granted an option to LNG Canada to acquire or lease a wharf and associated land at its port facility at Kitimat in British Columbia, Canada. The agreement provides LNG Canada with a staged series of options payable against project milestones. The financial arrangements are commercially confidential.

 

On 7 April 2014, Rio Tinto announced that it would gift its 19.1 per cent shareholding in Northern Dynasty Minerals Ltd (Northern Dynasty), owner of the Pebble Project, to two local Alaskan charitable foundations. The decision follows the strategic review of Rio Tinto's interest in Northern Dynasty announced last year, which concluded that the Pebble Project does not fit with Rio Tinto's strategy.

 

 

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 2014 was $155 million compared with $257 million in 2013. Of the first quarter 2014 expenditure, approximately 34 per cent was incurred by the Copper Group, five per cent by Iron Ore, 19 per cent by Energy, 17 per cent by Diamonds and Minerals, one per cent by Rio Tinto Alcan and the balance by Central Exploration. There were no significant divestments of central exploration properties in the first quarter of 2014 or 2013.

 

Exploration highlights 

 

Iron Ore

In the Pilbara (Western Australia) data processing and interpretation of airborne geophysical surveys continued.  In Botswana a drilling programme commenced.

 

Copper

In the United States, field mapping, sampling and drilling continued across copper projects in Utah and Arizona.  In South America, field reconnaissance, sampling and interpretation continued across projects in Chile and Peru.  In Zambia, data compilation and core logging of historic drillholes was undertaken.  In China CRTX, the Chinalco Rio Tinto Exploration Joint Venture, signed a cooperation agreement with the local Municipal Government to implement the exploration programme in Heilongjiang.

 

Bauxite

In Brazil, field mapping and auger drilling continued across several bauxite targets.  In Laos, exploration continued with auger drilling, bulk sampling and a ground geophysical survey. 

 

Coal

In the Bowen Basin (Queensland, Australia), field activities included mapping and ground geophysics while data compilation and interpretation continued.

 

Uranium

In the Athabasca (Canada), the winter drilling program was completed and tested a number of uranium targets.

 

Diamonds

In India, gravel sampling and ground geophysical surveys targeting diamonds continued.

 

Heavy Mineral Sands

In Gabon, an airborne geophysical survey was completed over heavy mineral sands target areas.

 

A summary of activity for the period is as follows:

 

Product Group

Evaluation

projects

Advanced

Projects

Greenfield programmes

Aluminium

Amargosa, Brazil

Amargosa orbit, Brazil

Australia, Brazil, Laos

Copper

Copper/molybdenum: Resolution, US

Copper: La Granja, Peru

Copper/gold: Oyu Tolgoi, Mongolia

Nickel: Tamarack, US

Copper: Australia, US, Chile, Peru, Zambia, Russia, Kazakhstan, Uzbekistan, Mongolia, China

Diamonds & Minerals

Diamonds: Bunder, India

Lithium borates: Jadar, Serbia

Heavy Mineral Sands: Mutamba


Diamonds: India

Heavy Mineral Sands: Gabon

Energy

Uranium:  Ranger 3 Deeps, Roughrider, Rössing Z20

Coal: Bowen Basin, Australia

 

Uranium: Canada, US, Namibia, Australia

Iron Ore

Simandou, Guinea

Pilbara, Australia

Pilbara, Australia

Canada, Botswana

 

Mine-lease exploration continued at a number of Rio Tinto businesses including: Pilbara Iron, Rio Tinto Coal Australia, Richards Bay Minerals, Oyu Tolgoi, Resolution, Roughrider and Sweetwater.

This report represents the Interim Management Statement for the purposes of the UK Listing Authority's Disclosure and Transparency Rules.

 

Contacts

 

media.enquiries@riotinto.com

 

www.riotinto.com

 

  Follow @RioTinto on Twitter

 

 

 

Media Relations, EMEA/Americas

Illtud Harri

T +44 20 7781 1152

M +44 7920 503 600

 

David Outhwaite

T +44 20 7781 1623

M +44 7787 597 493

 

Investor Relations, EMEA/Americas

Mark Shannon

T +44 20 7781 1178

M +44 7917 576597

 

David Ovington

T +44 20 7781 2051

M +44 7920 010 978

 

Grant Donald

T +44 20 7781 1262

M +44 7920 587 805

Media Relations, Australia/Asia

Bruce Tobin

T +61 3 9283 3612

M +61 419 103 454

 

Matthew Klar

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M +61 457 525 578

 

Investor Relations, Australia/Asia

Christopher Maitland

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Rachel Storrs

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Galina Rogova

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Rio Tinto plc

2 Eastbourne Terrace

London W2 6LG

United Kingdom

 

T +44 20 7781 2000
Registered in England

No. 719885

Rio Tinto Limited

120 Collins Street

Melbourne 3000

Australia

 

T +61 3 9283 3333

Registered in Australia

ABN 96 004 458 404


Rio Tinto production summary

















Rio Tinto share of production





















Quarter


Full Year


% Change



2013
Q1

2013
Q4

2014
Q1


2013


Q1 14 
vs
Q1 13

Q1 14 
vs
Q4 13

Principal Commodities










Alumina

('000 t)

2,186

2,582

2,392


9,307


9%

-7%

Aluminium

('000 t)

834

853

832


3,383


0%

-2%

Bauxite

('000 t)

9,562

11,432

10,044


43,204


5%

-12%

Borates

('000 t)

111

121

126


495


13%

4%

Coal - hard coking

('000 t)

1,650

2,410

1,874


8,214


14%

-22%

Coal - semi-soft coking

('000 t)

1,039

922

936


3,859


-10%

1%

Coal - thermal

('000 t)

5,052

5,624

5,860


22,975


16%

4%

Copper - mined

('000 t)

133.8

165.6

156.5


579.4


17%

-6%

Copper - refined

('000 t)

73.0

81.0

75.8


285.2


4%

-6%

Diamonds

('000 cts)

3,236

4,498

3,650


16,027


13%

-19%

Iron ore

('000 t)

48,250

55,510

52,339


208,966


8%

-6%

Titanium dioxide feedstock

('000 t)

427

361

389


1,622


-9%

8%

Uranium

('000 lbs)

2,335

1,493

644


8,105


-72%

-57%

Other Metals & Minerals










Gold - mined

('000 oz)

54

106

94


288


75%

-11%

Gold - refined

('000 oz)

60

48

62


192


4%

30%

Molybdenum

('000 t)

1.8

1.8

0.9


5.7


-47%

-49%

Salt

('000 t)

1,585

1,886

1,586


6,728


0%

-16%

Silver - mined

('000 oz)

925

1,337

1,197


4,250


29%

-10%

Silver - refined

('000 oz)

672

633

598


2,158


-11%

-5%











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 full year figures.











 



 

Rio Tinto share of production













Rio Tinto
interest

1Q
2013

2Q
2013

3Q
2013

4Q
2013

1Q
2014

Full Year
2013









ALUMINA








Production ('000 tonnes)








Rio Tinto Alcan








  Jonquière (Vaudreuil)

100%

362

346

353

378

360

1,439

  Queensland Alumina

80%

593

697

695

722

697

2,707

  São Luis (Alumar)

10%

83

84

85

91

88

343

  Yarwun

100%

523

620

608

696

683

2,446

  Jonquière (Vaudreuil) specialty alumina plant

100%

25

30

25

23

26

103

Rio Tinto Alcan total


1,587

1,776

1,764

1,909

1,856

7,037

Other Aluminium - Gove refinery (a)

100%

599

470

528

673

537

2,270

Rio Tinto total alumina production


2,186

2,246

2,293

2,582

2,392

9,307









ALUMINIUM








Production ('000 tonnes)








Rio Tinto Alcan








  Australia - Bell Bay (b)

100%

46

47

47

47

46

187

  Australia - Boyne Island (b)

59%

83

83

84

83

76

333

  Australia - Tomago (b)

52%

68

69

71

72

70

281

  Cameroon - Alucam (Edéa)

47%

5

8

11

11

11

35

  Canada - seven wholly owned (c) (d)

100%

329

338

335

331

322

1,333

  Canada - Alouette (Sept-Îles)

40%

59

58

57

59

58

233

  Canada - Bécancour

25%

27

27

28

27

28

109

  France - Dunquerque

100%

64

60

66

68

67

258

  Iceland - ISAL (Reykjavik)

100%

49

50

49

49

50

197

  New Zealand - Tiwai Point (b)

79%

65

62

64

66

64

257

  Norway - SØRAL (Husnes)

50%

11

11

11

12

11

45

  Oman - Sohar

20%

18

18

18

17

18

71

  UK - Lochaber

100%

12

11

11

11

10

44

Rio Tinto total aluminium production


834

843

853

853

832

3,383









BAUXITE








Production ('000 tonnes) (e)








Rio Tinto Alcan








   Gove (b)

100%

1,918

1,857

1,983

2,271

1,804

8,029

   Porto Trombetas

12%

384

473

506

525

438

1,887

   Sangaredi

   (f)

1,477

1,831

1,790

1,848

1,686

6,947

   Weipa

100%

5,783

6,800

6,971

6,787

6,116

26,341

Rio Tinto total bauxite production


9,562

10,960

11,250

11,432

10,044

43,204



 

Rio Tinto share of production













Rio Tinto
interest

1Q
2013

2Q
2013

3Q
2013

4Q
2013

1Q
2014

Full Year
2013









BORATES








Production ('000 tonnes B2O3 content)








  Rio Tinto Minerals - borates

100%

111

137

127

121

126

495









COAL - hard coking








Rio Tinto Coal Australia ('000 tonnes)








  Hail Creek Coal

82%

1,217

1,373

1,483

1,536

1,190

5,608

  Kestrel Coal

80%

321

387

608

726

625

2,043

Total Rio Tinto Coal Australia hard coking coal


1,539

1,759

2,091

2,262

1,814

7,651

Rio Tinto Coal Mozambique








  Benga

65%

111

143

162

148

59

564

Rio Tinto total hard coking coal production


1,650

1,902

2,253

2,410

1,874

8,214









COAL - semi-soft coking








Rio Tinto Coal Australia ('000 tonnes)








  Hunter Valley

80%

651

463

466

527

431

2,107

  Mount Thorley

64%

271

364

241

305

355

1,182

  Warkworth

44%

117

320

43

90

151

569

Rio Tinto total semi-soft coking coal production


1,039

1,147

750

922

936

3,859









COAL - thermal








Rio Tinto Coal Australia ('000 tonnes)








  Bengalla

32%

565

721

710

638

758

2,634

  Clermont (g)

50%

1,130

1,524

1,753

1,496

1,286

5,903

  Hail Creek Coal (h)

82%

-

-

21

136

320

157

  Hunter Valley

80%

1,893

2,553

2,330

2,026

2,350

8,802

  Kestrel Coal

80%

169

89

53

60

70

371

  Mount Thorley

64%

483

413

263

350

382

1,508

  Warkworth

44%

704

547

1,069

791

641

3,110

Total Rio Tinto Coal Australia thermal coal


4,943

5,846

6,198

5,497

5,806

22,485

Rio Tinto Coal Mozambique








  Benga

65%

109

132

122

127

54

490

Rio Tinto total thermal coal production


5,052

5,978

6,321

5,624

5,860

22,975



 

Rio Tinto share of production













Rio Tinto
interest

1Q
2013

2Q
2013

3Q
2013

4Q
2013

1Q
2014

Full Year
2013









COPPER








Mine production ('000 tonnes) (e)








  Bingham Canyon

100%

48.2

39.2

59.1

64.5

69.2

211.0

  Escondida

30%

85.6

85.6

81.5

83.8

78.8

336.5

  Grasberg - Joint Venture (i)

40%

0.0

0.0

0.0

6.3

0.0

6.3

  Oyu Tolgoi (j)

34%

-

4.4

10.3

11.0

8.5

25.7

Rio Tinto total mine production


133.8

129.2

150.9

165.6

156.5

579.4

Refined production ('000 tonnes)








  Escondida

30%

22.6

23.8

22.0

23.2

22.7

91.6

  Kennecott Utah Copper

100%

50.4

39.2

46.3

57.7

53.1

193.6

Rio Tinto total refined production


73.0

63.0

68.3

81.0

75.8

285.2









DIAMONDS








Production ('000 carats)








  Argyle

100%

1,990

3,130

3,085

3,153

2,461

11,359

  Diavik

60%

1,167

936

1,003

1,240

1,119

4,346

  Murowa

78%

79

69

70

105

69

322

Rio Tinto total diamond production


3,236

4,135

4,158

4,498

3,650

16,027









GOLD








Mine production ('000 ounces) (e)








  Barneys Canyon

100%

0.0

0.4

0.0

0.0

0.0

0.4

  Bingham Canyon

100%

46

31

56

74

63

207

  Escondida

30%

7

7

7

7

9

28

  Grasberg - Joint Venture (i)

40%

0

0

0

0

0

0

  Oyu Tolgoi (j)

34%

-

7

21

25

22

53

Rio Tinto total mine production


54

45

83

106

94

288

Refined production ('000 ounces)








  Kennecott Utah Copper

100%

60

44

40

48

62

192



 

Rio Tinto share of production













Rio Tinto
interest

1Q
2013

2Q
2013

3Q
2013

4Q
2013

1Q
2014

Full Year
2013









IRON ORE








Production ('000 tonnes) (e)








  Hamersley - six wholly owned mines

100%

30,774

32,946

33,707

35,868

33,898

133,295

  Hamersley - Channar

60%

1,743

1,742

1,528

1,615

1,642

6,628

  Hamersley - Eastern Range

   (k)

2,508

2,460

2,571

2,513

2,447

10,052

  Hope Downs

50%

3,869

3,965

4,504

4,556

4,780

16,894

  Iron Ore Company of Canada

59%

2,009

2,341

2,353

2,321

1,764

9,024

  Robe River

53%

7,347

8,375

8,714

8,637

7,808

33,073

Rio Tinto total iron ore production


48,250

51,829

53,377

55,510

52,339

208,966

Breakdown:








  Pilbara Blend Lump


11,997

13,217

13,269

13,665

13,251

52,148

  Pilbara Blend Fines


18,181

18,572

19,237

20,480

19,616

76,470

  Robe Valley Lump


1,252

1,387

1,658

1,631

1,413

5,928

  Robe Valley Fines


2,661

3,039

3,066

2,960

2,916

11,726

  Yandicoogina Fines (HIY)


12,150

13,272

13,795

14,453

13,379

53,670

  IOC Concentrate


797

1,086

1,048

1,057

629

3,988

  IOC Pellets


1,212

1,255

1,305

1,264

1,136

5,036









MOLYBDENUM








Mine production ('000 tonnes) (e)








  Bingham Canyon

100%

1.8

0.9

1.2

1.8

0.9

5.7









SALT








Production ('000 tonnes)








  Dampier Salt

68%

1,585

1,670

1,586

1,886

1,586

6,728









SILVER








Mine production ('000 ounces) (e)








  Bingham Canyon

100%

663

431

852

930

744

2,876

  Escondida

30%

261

306

305

337

398

1,210

  Grasberg - Joint Venture (i)

40%

0

0

0

0

0

0

  Oyu Tolgoi (j)

34%

-

28

66

70

54

164

Rio Tinto total mine production


925

766

1,223

1,337

1,197

4,250

Refined production ('000 ounces)








  Kennecott Utah Copper

100%

672

457

395

633

598

2,158









TITANIUM DIOXIDE FEEDSTOCK








Production ('000 tonnes)








  Rio Tinto Iron & Titanium (l)

100%

427

461

373

361

389

1,622



 

Rio Tinto share of production













Rio Tinto
interest

1Q
2013

2Q
2013

3Q
2013

4Q
2013

1Q
2014

Full Year
2013









URANIUM








Production ('000 lbs U3O8)








  Energy Resources of Australia (m)

68%

1,352

1,433

920

758

0

4,462

  Rössing

69%

983

976

948

735

644

3,643

Rio Tinto total uranium production


2,335

2,408

1,868

1,493

644

8,105









Production data notes:

(a) On 29 November 2013, Rio Tinto announced plans to suspend production at the Gove refinery in 2014; the Gove refinery has been transferred from 'Rio Tinto Alcan' to 'Other Aluminium'.

(b) On 8 August 2013, Rio Tinto announced that Pacific Aluminium, including the Gove mine, Bell Bay, Boyne Island, Tomago and Tiwai Point smelters, would be reintegrated in Rio Tinto Alcan.

(c) The Shawinigan smelter ceased production on 29 November 2013.

(d) Rio Tinto started production at the Arvida AP60 Technology Centre in the fourth quarter of 2013.

(e) 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.

(f) Rio Tinto has a 22.95% shareholding in the Sangaredi mine but benefits from 45.0% of production.

(g) In October 2013, Rio Tinto announced that it had reached a binding agreement for the sale of its 50.1% interest in the Clermont Joint Venture.

(h) Hail Creek commenced production of thermal coal from reprocessed coking coal reject following completion of a successful trial in the third quarter of 2013.

 

(i) 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 does not expect 2014 production to exceed the metal attributable to its joint venture partner. Accordingly, Rio Tinto's share of joint venture production was zero for the first quarter 2014.

 

(j) Rio Tinto owns a 33.52% indirect interest in Oyu Tolgoi through its 50.79% interest in Turquoise Hill Resources Ltd. Production included in the table is from 1 May 2013.

 

(k) 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.

 

(l) Quantities comprise 100% of Rio Tinto Fer et Titane and Rio Tinto's 74% interest in Richards Bay Minerals (RBM).

 

(m) ERA production has been restated from 'produced ready for packing' to 'drummed' U3O8, in line with production reported by Energy Resources of Australia Ltd to the Australian Stock Exchange (ASX).

 

The Rio Tinto percentage shown above is at 31 March 2014.















Rio Tinto's interest in the Northparkes and Palabora mines and the Saint-Jean-de-Maurienne and Sebree smelters were sold in 2013.  No data for these operations are included in the Share of Production table.

 



 

Rio Tinto operational data













Rio Tinto
interest

1Q
2013

2Q
2013

3Q
2013

4Q
2013

1Q
2014

Full Year
2013









ALUMINIUM








Rio Tinto Alcan - Bauxite








Bauxite production ('000 tonnes)








Australia








  Gove mine - Northern Territory (a)

100.0%

1,918

1,857

1,983

2,271

1,804

8,029

  Weipa mine - Queensland

100.0%

5,783

6,800

6,971

6,787

6,116

26,341

Brazil








  Porto Trombetas (MRN) mine

12.0%

3,198

3,941

4,214

4,376

3,649

15,729

Guinea








  Sangaredi mine (b)

23.0%

3,282

4,070

3,978

4,107

3,747

15,437









Rio Tinto Alcan share of bauxite shipments








Share of bauxite shipments ('000 tonnes)


9,381

11,148

11,166

11,268

9,829

42,962


(a) On 8 August 2013, Rio Tinto announced that Pacific Aluminium, including the Gove mine, would be reintegrated in Rio Tinto Alcan.
(b) Rio Tinto has a 22.95% shareholding in the Sangaredi mine but benefits from 45.0% of production.

Rio Tinto Alcan - Smelter Grade Alumina








Alumina production ('000 tonnes)








Australia








  Queensland Alumina Refinery - Queensland

80.0%

741

872

868

903

872

3,384

  Yarwun refinery - Queensland

100.0%

523

620

608

696

683

2,446

Brazil








  São Luis (Alumar) refinery

10.0%

833

836

848

908

882

3,425

Canada








  Jonquière (Vaudreuil) refinery - Quebec (a)

100.0%

362

346

353

378

360

1,439


(a) Jonquière's (Vaudreuil's) production shows smelter grade alumina only and excludes hydrate produced and used for specialty alumina.

Rio Tinto percentage interest shown above is at 31 March 2014. The data represent full production and sales on a 100% basis unless otherwise stated.



 

Rio Tinto operational data













Rio Tinto
interest

1Q
2013

2Q
2013

3Q
2013

4Q
2013

1Q
2014

Full Year
2013









ALUMINIUM (continued)








Rio Tinto Alcan - Specialty Alumina








Specialty alumina production ('000 tonnes)








Canada








  Jonquière (Vaudreuil) plant - Quebec

100.0%

25

30

25

23

26

103

Rio Tinto Alcan - Primary Aluminium








Primary aluminium production ('000 tonnes)








Australia








  Bell Bay smelter - Tasmania (a)

100.0%

46

47

47

47

46

187

  Boyne Island smelter - Queensland (a)

59.4%

139

140

142

139

129

561

  Tomago smelter - New South Wales (a)

51.6%

133

134

139

139

136

545

Cameroon








  Alucam (Edéa) smelter

46.7%

11

16

24

24

24

75

Canada








  Alma smelter - Quebec

100.0%

106

110

111

113

112

440

  Alouette (Sept-Îles) smelter - Quebec

40.0%

146

146

143

147

144

582

  Arvida smelter - Quebec

100.0%

43

44

45

43

42

175

  Arvida AP60 smelter - Quebec (b)

100.0%

-

-

-

9

14

9

  Bécancour smelter - Quebec

25.1%

107

108

110

109

111

435

  Grande-Baie smelter - Quebec

100.0%

55

56

56

56

56

224

  Kitimat smelter - British Columbia

100.0%

45

44

42

40

38

172

  Laterrière smelter - Quebec

100.0%

56

60

62

61

60

239

  Shawinigan smelter - Quebec (c)

100.0%

23

24

20

7

-

74

France








  Dunkerque smelter

100.0%

64

60

66

68

67

258

  Saint-Jean-de-Maurienne smelter (d)

0.0%

22

23

24

16

-

85

Iceland








  ISAL (Reykjavik) smelter

100.0%

49

50

49

49

50

197

New Zealand








  Tiwai Point smelter (a)

79.4%

82

78

81

83

81

324

Norway








  SØRAL (Husnes) smelter

50.0%

22

22

22

23

23

89

Oman








  Sohar smelter

20.0%

89

91

89

85

88

354

United Kingdom








  Lochaber smelter

100.0%

12

11

11

11

10

44

Rio Tinto Alcan share of metal sales








Share of primary aluminium sales ('000 tonnes)


920

989

1,024

991

887

3,924


(a) On 8 August 2013, Rio Tinto announced that Pacific Aluminium, including the Bell Bay, Boyne Island, Tomago and Tiwai Point smelters, would be reintegrated in Rio Tinto Alcan.
(b) Rio Tinto started production at the Arvida AP60 Technology Centre in the fourth quarter of 2013.
(c) The Shawinigan smelter ceased production on 29 November 2013.
(d) Rio Tinto sold its 100% interest in the Saint-Jean-de-Maurienne smelter with an effective date of 16 December 2013. Production is shown up to that date.

Rio Tinto percentage interest shown above is at 31 March 2014. The data represent full production and sales on a 100% basis unless otherwise stated.



 

Rio Tinto operational data













Rio Tinto
interest

1Q
2013

2Q
2013

3Q
2013

4Q
2013

1Q
2014

Full Year
2013









ALUMINIUM (continued)








Other Aluminium - Smelter Grade Alumina








Alumina production ('000 tonnes)








Australia








  Gove refinery - Northern Territory (a)

100.0%

599

470

528

673

537

2,270

Other Aluminium - Primary Aluminium








Primary aluminium production ('000 tonnes)








USA








  Sebree smelter - Kentucky (b)

0.0%

52

35

-

-

-

87


(a) On 29 November 2013, Rio Tinto announced plans to suspend production at the Gove refinery in 2014; the Gove refinery has been transferred from 'Rio Tinto Alcan' to 'Other Aluminium'.
(b) Rio Tinto sold its 100% interest in the Sebree smelter with an effective date of 1 June 2013. Production is shown up to that date.

Rio Tinto percentage interest shown above is at 31 March 2014. The data represent full production and sales on a 100% basis unless otherwise stated.



 

Rio Tinto operational data













Rio Tinto
interest

1Q
2013

2Q
2013

3Q
2013

4Q
2013

1Q
2014

Full Year
2013









BORATES








Rio Tinto Minerals - borates

100.0%







US and Argentina








  Borates ('000 tonnes) (a)


111

137

127

121

126

495


(a) Production is expressed as B2O3 content.









COAL








Rio Tinto Coal Australia








Bengalla mine

32.0%







New South Wales








  Thermal coal ('000 tonnes)


1,765

2,254

2,220

1,992

2,369

8,232

Clermont Coal mine (a)

50.1%







Queensland








  Thermal coal ('000 tonnes)


2,256

3,041

3,499

2,986

2,567

11,782

Hail Creek Coal mine

82.0%







Queensland








  Hard coking coal ('000 tonnes)


1,485

1,674

1,808

1,873

1,451

6,839

  Thermal coal ('000 tonnes) (b)


-

-

25

166

390

191

Hunter Valley Operations

80.0%







New South Wales








  Semi-soft coking coal ('000 tonnes)


814

579

582

659

539

2,634

  Thermal coal ('000 tonnes)


2,366

3,191

2,912

2,533

2,937

11,002

Kestrel Coal mine

80.0%







Queensland








  Hard coking coal ('000 tonnes)


402

483

760

908

781

2,553

  Thermal coal ('000 tonnes)


211

111

66

75

88

463

Mount Thorley Operations

64.0%







New South Wales








  Semi-soft coking coal ('000 tonnes)


424

569

377

477

554

1,846

  Thermal coal ('000 tonnes)


754

645

411

547

596

2,357

Rio Tinto percentage interest shown above is at 31 March 2014. The data represent full production and sales on a 100% basis unless otherwise stated.



 

Rio Tinto operational data













Rio Tinto
interest

1Q
2013

2Q
2013

3Q
2013

4Q
2013

1Q
2014

Full Year
2013









COAL (continued)








Warkworth mine

44.5%







New South Wales








  Semi-soft coking coal ('000 tonnes)


263

719

96

202

339

1,281

  Thermal coal ('000 tonnes)


1,583

1,229

2,403

1,779

1,439

6,995

Total hard coking coal production ('000 tonnes)


1,886

2,157

2,568

2,780

2,232

9,392

Total semi-soft coking coal production ('000 tonnes)


1,501

1,867

1,055

1,338

1,431

5,761

Total thermal coal production ('000 tonnes)


8,936

10,472

11,537

10,078

10,387

41,023

Total coal production ('000 tonnes)


12,323

14,496

15,161

14,196

14,050

56,176









Total coal sales ('000 tonnes)


12,259

14,056

14,481

15,027

14,014

55,823

Rio Tinto Coal Australia share (c)








Share of hard coking coal sales ('000 tonnes)


1,535

1,776

1,846

2,289

1,990

7,445

Share of semi-soft coal sales ('000 tonnes) (d)


1,115

981

806

1,048

820

3,950

Share of thermal coal sales ('000 tonnes) (d)


4,931

5,682

5,952

5,750

5,827

22,316


(a) In October 2013, Rio Tinto announced that it had reached a binding agreement for the sale of its 50.1% interest in the Clermont Joint Venture.
(b) Hail Creek commenced production of thermal coal from reprocessed coking coal reject following completion of a successful trial in the third quarter of 2013.
(c) Kestrel produces hard coking coal and thermal coal through its mining operations. These coals may be blended at ports.
(d) Sales relate only to coal mined by the operations and exclude traded coal.

Rio Tinto Coal Mozambique








Benga mine

65.0%







Hard coking coal production ('000 tonnes)


171

219

249

228

91

867

Thermal coal production ('000 tonnes)


168

202

188

196

82

754

Rio Tinto percentage interest shown above is at 31 March 2014. The data represent full production and sales on a 100% basis unless otherwise stated.



 

Rio Tinto operational data













Rio Tinto
interest

1Q
2013

2Q
2013

3Q
2013

4Q
2013

1Q
2014

Full Year
2013









COPPER & GOLD








Escondida

30.0%







Chile








Sulphide ore to concentrator ('000 tonnes)


18,964

19,295

18,276

19,584

21,051

76,119

  Average copper grade (%)


1.44

1.42

1.37

1.30

1.12

1.38

Mill production (metals in concentrates):








  Contained copper ('000 tonnes)


229.3

231.9

210.6

214.4

195.5

886.2

  Contained gold ('000 ounces)


24

24

22

24

29

94

  Contained silver ('000 ounces)


870

1,021

1,017

1,124

1,326

4,032

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


55.9

53.5

61.0

64.9

67.1

235.3

Refined production from leach plants:








  Copper cathode production ('000 tonnes)


75.3

79.3

73.2

77.5

75.8

305.3


(a) 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% (b)







Papua, Indonesia








Ore treated ('000 tonnes)


17,943

10,403

18,235

18,837

18,908

65,418

Average mill head grades:








  Copper (%)


0.66

0.73

0.74

0.87

0.72

0.76

  Gold (g/t)


0.52

0.53

0.65

0.99

0.68

0.69

  Silver (g/t)


2.15

3.65

2.68

3.72

2.30

2.99

Production of metals in concentrates:








  Copper in concentrates ('000 tonnes)


103.0

65.2

119.2

148.9

114.5

436.3

  Gold in concentrates ('000 ounces)


218

135

306

517

304

1,177

  Silver in concentrates ('000 ounces)


812

509

1,069

1,479

778

3,868

Sales of payable metals in concentrates: (c)








  Copper in concentrates ('000 tonnes)


89.8

71.6

107.5

138.3

117.5

407.3

  Gold in concentrates ('000 ounces)


192

150

278

475

326

1,096

  Silver in concentrates ('000 ounces)


563

452

761

1,090

672

2,866


(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 first quarter 2014 results show the forecast from FCX's most recent five-year plan, because FCX is not releasing its actual 100% operating data for the first quarter 2014 until the release of its 2014 first-quarter results on 24 April 2014.
(b) Rio Tinto share of Grasberg production is 40% of the expansion.
(c) Net of smelter deductions.

Rio Tinto percentage interest shown above is at 31 March 2014. The data represent full production and sales on a 100% basis unless otherwise stated.



 

Rio Tinto operational data













Rio Tinto
interest

1Q
2013

2Q
2013

3Q
2013

4Q
2013

1Q
2014

Full Year
2013









COPPER & GOLD (continued)








Kennecott Utah Copper








Barneys Canyon mine (a)

100.0%

             


             

             

             


Utah, US


             


             

             

             


  Gold produced ('000 ounces)


0.0

0.4

0.0

0.0

0.0

0.4

Bingham Canyon mine

100.0%







Utah, US








Ore treated ('000 tonnes)


11,733

8,192

10,593

13,088

11,916

43,606

Average ore grade:








  Copper (%)


0.47

0.54

0.62

0.56

0.65

0.55

  Gold (g/t)


0.18

0.15

0.22

0.28

0.25

0.21

  Silver (g/t)


2.42

2.18

4.16

3.12

2.62

3.01

  Molybdenum (%)


0.033

0.022

0.034

0.032

0.029

0.031

Copper concentrates produced ('000 tonnes)


223

170

235

257

299

885

  Average concentrate grade (% Cu)


21.7

23.0

25.2

25.1

23.1

23.8

Production of metals in copper concentrates:








  Copper ('000 tonnes) (b)


48.2

39.2

59.1

64.5

69.2

211.0

  Gold ('000 ounces)


46

31

56

74

63

207

  Silver ('000 ounces)


663

431

852

930

744

2,876

Molybdenum concentrates produced ('000 tonnes):


3.5

1.7

2.4

3.5

1.9

11.1

  Molybdenum in concentrates ('000 tonnes)


1.8

0.9

1.2

1.8

0.9

5.7


(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.

Kennecott smelter & refinery

100.0%







Copper concentrates smelted ('000 tonnes)


245

123

256

266

273

890

Copper anodes produced ('000 tonnes) (a)


50.6

30.1

54.3

56.9

57.4

192.0

Production of refined metal:








  Copper ('000 tonnes)


50.4

39.2

46.3

57.7

53.1

193.6

  Gold ('000 ounces) (b)


60

44

40

48

62

192

  Silver ('000 ounces) (b)


672

457

395

633

598

2,158


(a) New metal excluding recycled material.
(b) Includes gold and silver in intermediate products.

Rio Tinto percentage interest shown above is at 31 March 2014. The data represent full production and sales on a 100% basis unless otherwise stated.



 

Rio Tinto operational data













Rio Tinto
interest

1Q
2013

2Q
2013

3Q
2013

4Q
2013

1Q
2014

Full Year
2013









COPPER & GOLD (continued)








Northparkes Joint Venture (a)

0.0%







New South Wales, Australia








Ore treated ('000 tonnes)


1,419

1,542

1,528

989

-

5,478

Average ore grade:








  Copper (%)


1.06

1.02

1.04

1.03

-

1.04

  Gold (g/t)


0.49

0.47

0.45

0.44

-

0.47

Copper concentrates produced ('000 tonnes)


39.7

42.8

44.2

27.1

-

153.6

Contained copper in concentrates:








   Saleable production ('000 tonnes)


13.3

14.0

14.3

9.0

-

50.6

   Sales ('000 tonnes) (b)


10.7

11.3

8.9

11.6

-

42.5

Contained gold in concentrates:








   Saleable production ('000 ounces)


17

17

17

10

-

62

   Sales ('000 ounces) (b)


14.9

13.4

11.0

14.1

-

53.4


(a) Rio Tinto sold its 80% interest in Northparkes with an effective date of 1 December 2013. Production is shown up to that date.
(b) Rio Tinto's 80% share of material from the Joint Venture.

Turquoise Hill Resources


             






Oyu Tolgoi mine (a)

33.5%

             






Mongolia


             






Ore Treated ('000 tonnes)


-

4,430

8,052

7,835

5,560

20,317

Average mill head grades:


             






  Copper (%)


-

0.42

0.47

0.49

0.52

0.47

  Gold (g/t)


-

0.27

0.36

0.41

0.49

0.36

  Silver (g/t)


-

1.31

1.39

1.44

1.52

1.39

Copper concentrates produced ('000 tonnes)


-

50.2

110.3

129.5

102.9

290.0

  Average concentrate grade (% Cu)


-

26.1

27.7

25.4

24.6

26.4

Production of metals in concentrates:


             






  Copper in concentrates ('000 tonnes)


-

13.1

30.6

32.9

25.3

76.7

  Gold in concentrates ('000 ounces)


-

21

62

74

66

157

  Silver in concentrates ('000 ounces)


-

85

196

208

163

489

Sales of metals in concentrates:


             






  Copper in concentrates ('000 tonnes)


-

-

-

6.1

13.1

6.1

  Gold in concentrates ('000 ounces)


-

-

-

10

28

10

  Silver in concentrates ('000 ounces)


-

-

-

36

78

36


(a) Rio Tinto owns a 33.52% indirect interest in Oyu Tolgoi through its 50.79% interest in Turquoise Hill Resources. Production included in the table is from 1 May 2013.

Rio Tinto percentage interest shown above is at 31 March 2014. The data represent full production and sales on a 100% basis unless otherwise stated.



 

Rio Tinto operational data













Rio Tinto
interest

1Q
2013

2Q
2013

3Q
2013

4Q
2013

1Q
2014

Full Year
2013









COPPER & GOLD (continued)








Palabora (a)

0.0%







Palabora Mine








South Africa








Ore Treated ('000 tonnes)


2,139

2,221

-

-

-

4,360

   Average ore grade: copper (%)


0.56

0.58

-

-

-

0.57

Copper concentrates produced ('000 tonnes)


35.5

47.7

-

-

-

83.2

   Average concentrate grade: copper (%)


28.4

25.3

-

-

-

26.7

   Copper in concentrates ('000 tonnes)


10.1

12.1

-

-

-

22.2

Palabora smelter/refinery








New concentrate smelted on site ('000 tonnes)


54.2

57.1

-

-

-

111.3

New copper anodes produced ('000 tonnes)


14.1

13.2

-

-

-

27.3

Refined new copper produced ('000 tonnes)


13.0

12.9

-

-

-

25.8

Gold in Anode Slimes ('000 tonnes)


2.8

2.6

-

-

-

5.5

By-products:








   Magnetite concentrate ('000 tonnes)


1,146

1,482

-

-

-

2,628

    Nickel contained in products (tonnes)


6

11

-

-

-

17

Vermiculite plant








   Vermiculite produced ('000 tonnes)


32

41

-

-

-

73


(a) The sale of Rio Tinto's 57.7% interest in Palabora Mining Company was completed on 31 July 2013; production data have been reported up to 30 June 2013.









DIAMONDS








Argyle Diamonds (a)

100.0%







Western Australia








  AK1 ore processed ('000 tonnes)


1,533

1,929

2,088

1,728

724

7,278

  AK1 diamonds produced ('000 carats)


1,990

3,130

3,085

3,153

2,461

11,359


(a) Rio Tinto officially opened the Argyle underground mine on 30 April 2013.

Diavik Diamonds

60.0%







Northwest Territories, Canada








  Ore processed ('000 tonnes)


503

526

548

539

587

2,116

  Diamonds recovered ('000 carats)


1,946

1,559

1,672

2,066

1,865

7,243

Murowa Diamonds

77.8%







Zimbabwe








  Ore processed ('000 tonnes)


153

122

145

144

142

564

  Diamonds recovered ('000 carats)


101

88

90

135

89

414

Rio Tinto percentage interest shown above is at 31 March 2014. The data represent full production and sales on a 100% basis unless otherwise stated.



 

Rio Tinto operational data













Rio Tinto
interest

1Q
2013

2Q
2013

3Q
2013

4Q
2013

1Q
2014

Full Year
2013









IRON ORE








Rio Tinto Iron Ore








Western Australia








Pilbara Operations








Saleable iron ore production ('000 tonnes)








  Hamersley - Paraburdoo, Mt Tom Price, Marandoo,








  Yandicoogina, Brockman and Nammuldi

100.0%

30,775

32,945

33,707

35,868

33,898

133,295

  Hamersley - Channar

60.0%

2,905

2,904

2,546

2,692

2,737

11,047

  Hamersley - Eastern Range

   (a)

2,508

2,460

2,571

2,513

2,447

10,052

  Hope Downs

50.0%

7,737

7,932

9,007

9,112

9,559

33,788

  Robe River - Pannawonica (Mesas J and A)

53.0%

7,383

8,352

8,912

8,661

8,168

33,308

  Robe River - West Angelas

53.0%

6,479

7,451

7,528

7,635

6,564

29,093

Total production ('000 tonnes)


57,787

62,044

64,271

66,481

63,373

250,583

Breakdown of total production:








  Pilbara Blend Lump


15,099

16,641

16,845

17,374

17,031

65,959

  Pilbara Blend Fines


23,154

23,780

24,719

25,993

24,795

97,646

  Robe Valley Lump


2,363

2,616

3,129

3,076

2,666

11,184

  Robe Valley Fines


5,021

5,735

5,783

5,585

5,502

22,124

  Yandicoogina Fines (HIY)


12,150

13,272

13,795

14,453

13,379

53,670

Breakdown of total sales:








  Pilbara Blend Lump


12,472

13,356

14,408

15,628

14,969

55,864

  Pilbara Blend Fines


22,753

23,437

26,177

28,999

27,822

101,366

  Robe Valley Lump


2,019

1,982

2,794

3,096

2,265

9,891

  Robe Valley Fines


4,645

5,637

6,298

6,592

5,431

23,172

  Yandicoogina Fines (HIY)


12,833

12,056

14,576

14,504

13,732

53,969

Total sales ('000 tonnes) (b)


54,722

56,468

64,253

68,819

64,219

244,262


(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) 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)


1,357

1,849

1,785

1,801

1,071

6,792

  Pellets ('000 tonnes)


2,064

2,138

2,222

2,152

1,934

8,576

Sales:








  Concentrates ('000 tonnes)


939

2,245

1,481

1,530

633

6,195

  Pellets ('000 tonnes)


1,648

2,582

2,289

2,064

1,876

8,583

Global Iron Ore Totals








Iron Ore Production ('000 tonnes)


61,209

66,030

68,278

70,434

66,378

265,951

Iron Ore Sales ('000 tonnes)


57,310

61,294

68,023

72,414

66,728

259,041

Rio Tinto percentage interest shown above is at 31 March 2014. The data represent full production and sales on a 100% basis unless otherwise stated.



 

Rio Tinto operational data













Rio Tinto
interest

1Q
2013

2Q
2013

3Q
2013

4Q
2013

1Q
2014

Full Year
2013









SALT








Dampier Salt

68.4%







Western Australia








  Salt production ('000 tonnes)


2,319

2,444

2,320

2,759

2,320

9,841









TITANIUM DIOXIDE FEEDSTOCK








Rio Tinto Iron & Titanium

100.0%







Canada and South Africa








  (Rio Tinto share) (a)








  Titanium dioxide feedstock ('000 tonnes)


427

461

373

361

389

1,622


(a) Quantities comprise 100% of Rio Tinto Fer et Titane and Rio Tinto's 74% interest in Richards Bay Minerals' production. Ilmenite mined in Madagascar is being processed in Canada.









URANIUM








Energy Resources of Australia Ltd






             


Ranger mine (a)

68.4%





             


Northern Territory, Australia






             


  U3O8 Production ('000 lbs)


1,977

2,095

1,345

1,108

0

6,525


(a) ERA production has been restated from 'produced ready for packing' to 'drummed' U3O8, in line with production reported by Energy Resources of Australia Ltd to the Australian Stock Exchange (ASX).

Rössing Uranium Ltd

68.6%







Namibia








  U3O8 Production ('000 lbs)


1,434

1,423

1,383

1,072

939

5,312









Rio Tinto percentage interest shown above is at 31 March 2014. 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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