Rio Tinto third quarter production results

RNS Number : 0006N
Rio Tinto PLC
19 October 2016
 

 

Rio Tinto releases third quarter production results

 

20 October 2016

 

Rio Tinto chief executive J-S Jacques said "We have delivered strong quarterly production, underpinned by improving operational performance across our Tier 1 portfolio. Output from our iron ore and bauxite assets reflects the drive for productivity and operational excellence. With a continued focus on value, we will seek further productivity improvements across the business. Our rigorous attention to cash generation, coupled with a disciplined allocation of capital remains our key focus in delivering shareholder value."

 



Q3 2016

vs Q3 2015

vs Q2 2016

9 mths 2016

vs 9 mths 2015

Pilbara iron ore shipments (100% basis)

Mt

80.9

-5%

-2%

239.9

+3%

Pilbara iron ore production (100% basis)

Mt

83.2

+2%

+3%

243.9

+7%

Bauxite

kt

12,422

+10%

+3%

35,583

+10%

Aluminium

kt

924

+11%

+1%

2,721

+11%

Mined copper

kt

133.3

+16%

-4%

409.6

+4%

Hard coking coal

kt

2,175

+17%

+21%

5,954

0%

Semi-soft and thermal coal

kt

5,412

-2%

+4%

16,133

-1%

Titanium dioxide slag

kt

267

+10%

+13%

748

-14%

 

Highlights

·      Pilbara iron ore production (100 per cent basis), saw a run-rate of 330 million tonnes a year. Shipments were reduced by port and rail maintenance during the quarter and annual shipment guidance is revised to between 325 and 330 million tonnes for 2016. 

·      Quarterly production records at both Weipa and Gove led to nine month bauxite production of
35.6 million tonnes, ten per cent higher than the same period in 2015.

·      Kitimat delivered its second consecutive quarter at nameplate capacity, giving rise to an 11 per cent increase in year to date aluminium production.

·      Mined copper production for the first nine months of 2016 was four per cent higher than the same period in 2015, despite 18 per cent lower copper production at Escondida, primarily due to lower grades. Rio Tinto Kennecott achieved increased production from mining an area of higher grades, whilst continuing its focus on de-weighting to access ore from the east wall of Bingham Canyon. 

·      On 5 August, the Group completed the sale of its Mount Pleasant thermal coal assets for $221 million plus royalties.*


 

 

 

 

 

All currency figures in this report are US dollars, and comments refer to Rio Tinto's share of production, unless otherwise stated. To allow production numbers to be compared on a like-for-like basis, production from asset divestments completed in 2015 have been excluded from Rio Tinto share of production data but assets sold in 2016 remain in comparisons.

 

*Amount is before completion adjustments. 

IRON ORE

 

Rio Tinto share of production (million tonnes)


Q3 2016

vs Q3 2015

vs Q2 2016

9 mths 2016

vs 9 mths 2015

Pilbara Blend Lump

20.0

+1%

+7%

57.3

+8%

Pilbara Blend Fines

29.6

+4%

+3%

86.8

+10%

Robe Valley Lump

1.5

-1%

+3%

4.5

-1%

Robe Valley Fines

2.7

-10%

-2%

8.4

0%

Yandicoogina Fines (HIY)

14.7

+7%

+1%

42.8

+6%

 

Pilbara operations

Pilbara operations produced 243.9 million tonnes (Rio Tinto share 199.8 million tonnes) in the first nine months of 2016, seven per cent higher than the same period of 2015. Third quarter production of 83.2 million tonnes (Rio Tinto share 68.5 million tonnes) was two per cent higher than the same quarter of 2015 and set a new quarterly production record. This strong result reflects productivity improvements and continued ramp-up of expanded mines across our Pilbara operations

 

Pilbara sales

​Sales of 239.9 million tonnes (Rio Tinto share 196.4 million tonnes) in the first nine months were three per cent higher than the same period of 2015, while third quarter sales of 80.9 million tonnes (Rio Tinto share 66.6 million tonnes) were five per cent lower than the same quarter of 2015 due primarily to maintenance at rail and the Cape Lambert ship loader.

Approximately 20 per cent of sales in the first nine months of 2016 were priced with reference to the prior quarter's average index lagged by one month. The remainder was sold either on current quarter average, current month average or on the spot market. 

 

Pilbara projects

Development of the Silvergrass mine was approved in August 2016 and will deliver an additional ten million tonnes a year of high grade, low phosphorus ore into the premium Pilbara Blend product by the fourth quarter of 2017. The second phase of the Nammuldi Incremental Tonnes (NIT) project is on schedule to deliver an additional five million tonnes a year from the fourth quarter of 2016.

 

2016 guidance

Rio Tinto's expectations for Pilbara iron ore shipments in 2016 have been revised to between 325 and 330 million tonnes (100 per cent basis, previously around 330 million tonnes), subject to weather conditions. 2017 production guidance remains at between 330 and 340 million tonnes, subject to final productivity and capital expenditure plans.

 

 

 

ALUMINIUM

 

Rio Tinto share of production ('000 tonnes)


Q3 2016

vs Q3 2015

vs Q2 2016

9 mths 2016

vs 9 mths 2015

Rio Tinto Aluminium






Bauxite

12,422

+10%

+3%

35,583

+10%

Alumina

1,981

+1%

-4%

6,088

+5%

Aluminium

924

+11%

+1%

2,721

+11%

 

Bauxite

The strong performance in bauxite was sustained into the third quarter, with quarterly and nine month production records driven by both Weipa and Gove.

Year to date bauxite production was ten per cent higher than for the same period in 2015. Weipa (up five per cent) benefited from increased plant throughput, while Gove (up 25 per cent) continued to deliver system improvements resulting in a ten million tonne a year run-rate in the third quarter.

This production performance enabled the Group to ship 22 million tonnes to third parties in the first nine months of 2016, ten per cent above the same period of 2015.

 

Amrun

The Amrun Project is advancing to schedule in both engineering and construction. Site establishment is progressing to plan, with the construction accommodation village operational and the permanent village under construction. The main access road is on plan for completion in December 2016, and the river terminals are expected to be in operation by early 2017.

 

Alumina

Alumina production for the first nine months was up five per cent compared with the same period of 2015, primarily driven by ramp-up progress and operational improvements at the Yarwun refinery, which was up six per cent on the third quarter production of 2015.

 

Aluminium

Year to date aluminium production was 11 per cent higher than the same period of 2015 due to Kitimat, which delivered a new quarterly production record, with a run-rate at nameplate capacity for the second consecutive quarter.

 

2016 guidance

Rio Tinto's expected share of production is increased to 47 million tonnes for bauxite (previously 45 million tonnes), and remains otherwise unchanged at 7.8 million tonnes of alumina and 3.6 million tonnes of aluminium.

 

 

 

COPPER & DIAMONDS

 

Rio Tinto share of production


Q3 2016

vs Q3 2015

vs Q2 2016

9 mths 2016

vs 9 mths 2015

Mined copper ('000 tonnes)






Rio Tinto Kennecott

36.2

+63%

-3%

107.6

+62%

Escondida

72.6

-2%

-7%

229.7

-18%

Grasberg

8.9

N/A

+44%

20.0

N/A

Oyu Tolgoi

15.6

-17%

-10%

52.2

+8%







Refined copper ('000 tonnes)






Rio Tinto Kennecott

39.1

+173%

+59%

89.5

-3%

Escondida

21.2

-1%

-17%

72.2

+1%







Diamonds ('000 carats)






Argyle

3,493

-1%

0%

10,374

+3%

Diavik

927

+22%

-2%

3,005

+2%

 

Rio Tinto Kennecott

Mined copper production for the first nine months was significantly higher than the same period of 2015 due to mining progressing through an area of higher grades. The focus continues on de-weighting to increase access to ore from the lower pit and east wall of Bingham Canyon.

Refined copper production in the first nine months of 2016 was three per cent lower than in the same period of 2015, which benefited from inventory drawdown. Third quarter production benefited from higher volumes and grades compared with the corresponding period of 2015.

To optimise smelter utilisation, Kennecott continues to toll and purchase third party concentrate, with 240 thousand tonnes received for processing in the first nine months of 2016. Tolled copper concentrate, which is smelted and returned to customers, is excluded from reported production figures.

 

Escondida

Mined copper production at Escondida for the first nine months of 2016 was 18 per cent lower than the same period in 2015, primarily due to lower grades.

 

Oyu Tolgoi

Year to date mined copper production was eight per cent higher than the same period of 2015, attributable to improved throughput. Copper production for the third quarter was lower than the prior quarter with lower throughput due to the ore type processed.

Mined gold production for the first nine months was 84 thousand ounces, as mining at one of the high gold grade areas of the pit nears completion. 

 

Oyu Tolgoi Underground Project

Following approval of the underground development in May 2016, project activities have started with the engineering, procurement and construction management agreement awarded and mobilisation in progress. Further contracts for underground development, decline construction and shaft sinking have also been awarded.

Works on underground mine development, camp extension, box cut excavation, shaft sinking and critical facilities commenced during the quarter. The underground project assumes first drawbell production around 2020 and full production by 2027.  

 

 

 

 

 

 

Grasberg

Through a joint venture agreement with Freeport-McMoRan, Rio Tinto is entitled to 40 per cent of material mined above an agreed threshold, as a consequence of expansions and developments of the Grasberg facilities since 1998. Rio Tinto's notional share of metal for the first nine months was 20 thousand tonnes of mined copper and 28 thousand ounces of mined gold based on estimated production volumes and grades. Labour issues and operational challenges experienced during the year may have a negative impact on Rio Tinto's share in metal in 2016.  The final determination of Rio Tinto's share in copper and gold for 2016 will be undertaken at the end of the year, in line with the actual full year production of the operation.

 

Diamonds

Carats produced at Argyle were three per cent higher in the first nine months compared with the corresponding period in 2015 following continued ramp-up of the underground mine resulting in higher volumes processed, which was partially offset by lower grades.

At Diavik, carats recovered in the third quarter were slightly lower than the previous quarter, reflecting lower grades, offset by higher ore availability.

 

2016 guidance

Mined copper production guidance for 2016 is between 535 and 565 thousand tonnes (previously 545 to 595 thousand tonnes). Refined copper production guidance remains unchanged at 220 to 250 thousand tonnes.

Diamond production guidance for 2016 is 18 to 20 million carats (previously 18 to 21 million carats).

 

 

ENERGY & MINERALS

 

Rio Tinto share of production


Q3 2016

vs Q3 2015

vs Q2 2016

9 mths 2016

vs 9 mths 2015

Coal ('000 tonnes)






Hard coking coal

2,175

+17%

+21%

5,954

0%

Semi-soft coking coal

1,066

+15%

+19%

3,133

+10%

Thermal coal

4,346

-6%

+1%

13,000

-3%







Iron ore pellets and concentrate (million tonnes)






IOC

2.9

+5%

+14%

7.9

+5%







Minerals ('000 tonnes)






Borates - B2O3 content

132

+14%

+7%

382

+4%

Salt

1,240

-3%

+11%

3,794

-3%

Titanium dioxide slag

267

+10%

+13%

748

-14%







Uranium ('000 lbs)






Energy Resources of Australia

1,004

+46%

+36%

2,635

+31%

Rössing

628

+66%

-10%

2,017

+69%

 

Coal

Hard coking coal production for the first nine months was in line with the same period last year, while third quarter volumes were 17 per cent higher than the same quarter of 2015 primarily due to longwall outperformance at Kestrel compared with 2015.

Semi-soft coking coal production for the first nine months was ten per cent higher than the same period last year and third quarter volumes were 15 per cent higher than the same quarter of 2015 due to mine production sequencing at Hunter Valley Operations and Mount Thorley Warkworth.

Thermal coal production during the first nine months was three per cent lower than the corresponding period in 2015. Increased Hail Creek and Kestrel production during the year largely offset the Group's decreased share of production at Coal & Allied following the restructure of Coal & Allied and the divestment of Bengalla in early 2016.  

 

Iron Ore Company of Canada (IOC)

IOC achieved record quarterly production for concentrates in the third quarter. Concentrates production increased by 17 per cent to 6.4 million tonnes (Rio Tinto share 3.8 million tonnes) in the first nine months primarily as a result of productivity improvements. Pellet production of 7.0 million tonnes (Rio Tinto share 4.1 million tonnes) was three per cent lower than the first nine months of 2015.

Total concentrates and pellet sales of 13.4 million tonnes (Rio Tinto share 7.8 million tonnes) in the first nine months of 2016 were marginally higher than the same period of 2015.

 

Borates

Borates production in the first nine months of 2016 was four per cent higher than in the same period of 2015 driven primarily by higher market demand.

 

Rio Tinto Iron and Titanium (RTIT)

Titanium dioxide slag production was 14 per cent lower in the first nine months of 2016, although volumes in the quarter were ten per cent higher than the third quarter of 2015. RTIT continues to optimise production in line with demand, with two of nine furnaces at Rio Tinto Fer et Titane and one of four furnaces at Richards Bay Minerals currently idled.

 

 

 

Salt

Salt production in the first nine months of 2016 was three per cent lower than the same period of 2015 as a result of weaker demand.

 

Uranium

Energy Resources of Australia (ERA) continues to process existing stockpiles. Year to date production was 31 per cent higher than the same period of 2015, largely as a result of higher throughput and recoveries.

Production for the first nine months at Rössing was 69 per cent higher than the same period of 2015 due to higher throughput, grades and recoveries.

 

Zululand Anthracite Colliery (ZAC)

On 2 September 2016, Rio Tinto completed the sale of its 74 per cent interest in ZAC to Menar Holding, for an undisclosed sum.

 

2016 guidance

In 2016, Rio Tinto's share of production is expected to be 17 to 18 million tonnes of thermal coal, 3.3 to 3.9 million tonnes of semi-soft coking coal, seven to eight million tonnes of hard coking coal, 12 million tonnes of iron ore pellets and concentrates (equivalent to 20 million tonnes on a 100 per cent basis), one million tonnes of titanium dioxide slag, 0.5 million tonnes of boric oxide equivalent and 5.5 to 6.0 million pounds of uranium (previously 5.0 to 6.0 million pounds).

 

 

 



 

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 2016 was $379 million (of which $112 million was spent in the third quarter), compared with $392 million in the same period of 2015. Approximately 33 per cent of this expenditure was incurred by central exploration, 31 per cent by Energy & Minerals, 27 per cent by Copper & Diamonds and the balance on Aluminium and Iron Ore.

There were no significant divestments of central exploration properties in the quarter.

 

Exploration highlights

Rio Tinto has a strong portfolio of projects with activity in 17 countries across some eight commodities.  The bulk of the exploration spend in this quarter was focused on copper targets in Australia, Botswana, Chile, Kazakhstan, Mexico, Namibia, Peru, Serbia, United States and Zambia.  Mine-lease exploration continued at a number of Rio Tinto managed businesses including Pilbara Iron, Rio Tinto Coal Australia, Richards Bay Minerals, Oyu Tolgoi, Kennecott and Weipa.

 

A summary of activity for the period is as follows:

 

Product Group

Evaluation

projects

Advanced

projects

Greenfield

programmes

Aluminium

Cape York, Australia

Amargosa, Brazil

Australia, Laos

Copper & Diamonds

Copper/molybdenum: Resolution, US

Copper: La Granja, Peru

Copper/gold: Oyu Tolgoi, Mongolia

 

Nickel: Tamarack, US

 

Copper: Australia, Botswana, Chile, China, Kazakhstan, Mexico, Mongolia, Namibia, Papua New Guinea, Peru,  Serbia, US, Zambia

Nickel: Australia, Canada

Diamonds: Canada

Energy & Minerals

Coal: Hail Creek, Australia

Lithium borates: Jadar, Serbia

Heavy mineral sands: Mutamba, Mozambique and Zulti South, South Africa

Iron Ore: Simandou, Guinea

Uranium: Roughrider, Canada

Coal: Hunter Valley, Australia

Potash: KP405, Canada

Uranium: Australia, Canada

Iron Ore

Pilbara, Australia

Pilbara, Australia

Botswana

 

 

Forward-looking statements

 

This announcement may include forward looking statements. Such forward looking statements involve known and unknown risk, uncertainties and other factors which may cause actual production, performance or results of Rio Tinto to be materially different from any future production, performance or results expressed or implied by such forward-looking statements. 

 

Contacts

 

media.enquiries@riotinto.com

 

www.riotinto.com

 

 Follow @riotinto on Twitter

 

 

Media Relations, EMEA/Americas

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M + 44 7780 226 422

 

Investor Relations, EMEA/Americas

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Media Relations, Australia/Asia

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Investor Relations, Australia/Asia

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Rio Tinto plc

6 St James's Square

London SW1Y 4AD

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


9 Months


% Change



2015
Q3

2016
Q2

2016
Q3


2015
9 MTHS

2016
9 MTHS


Q3 16   
vs
Q3 15

Q3 16 
vs
Q2 16

9 MTHS 16 
vs
9 MTHS 15

Principal Commodities












Alumina

('000 t)

1,957

2,067

1,981


5,777

6,088


1%

-4%

5%

Aluminium

('000 t)

830

911

924


2,457

2,721


11%

1%

11%

Bauxite

('000 t)

11,287

12,073

12,422


32,466

35,583


10%

3%

10%

Borates

('000 t)

115

123

132


369

382


14%

7%

4%

Coal - hard coking

('000 t)

1,856

1,798

2,175


5,959

5,954


17%

21%

0%

Coal - semi-soft coking

('000 t)

928

893

1,066


2,850

3,133


15%

19%

10%

Coal - thermal

('000 t)

4,618

4,323

4,346


13,456

13,000


-6%

1%

-3%

Copper - mined

('000 t)

114.9

138.4

133.3


393.3

409.6


16%

-4%

4%

Copper - refined

('000 t)

35.8

50.2

60.2


163.8

161.7


68%

20%

-1%

Diamonds

('000 cts)

4,275

4,436

4,420


13,049

13,379


3%

0%

3%

Iron ore

('000 t)

69,316

68,886

71,431


192,620

207,688


3%

4%

8%

Titanium dioxide slag

('000 t)

243

236

267


866

748


10%

13%

-14%

Uranium

('000 lbs)

1,068

1,439

1,633


3,209

4,653


53%

13%

45%

Other Metals & Minerals












Gold - mined

('000 oz)

79.3

69.8

75.0


276.0

236.6


-5%

8%

-14%

Gold - refined

('000 oz)

34.1

35.3

29.7


148.0

94.9


-13%

-16%

-36%

Molybdenum

('000 t)

1.8

0.2

0.8


7.0

1.1


-55%

355%

-85%

Salt

('000 t)

1,281

1,117

1,240


3,892

3,794


-3%

11%

-3%

Silver - mined

('000 oz)

846

1,022

1,011


2,604

2,971


20%

-1%

14%

Silver - refined

('000 oz)

296

587

415


1,495

1,350


40%

-29%

-10%













Throughout this report, figures in italics indicate adjustments made since the figure was previously quoted on the equivalent page. Production figures are sometimes more precise than the rounded numbers shown, hence small differences may result between the total of the quarter figures and the year to date figures.

 



 

Rio Tinto share of production















Rio Tinto
interest

3Q
2015

4Q
2015

1Q
2016

2Q
2016

3Q
2016

9 MTHS
2015

9 MTHS
2016










ALUMINA









Production ('000 tonnes)









  Jonquière (Vaudreuil)

100%

369

361

377

353

355

1,089

1,085

  Jonquière (Vaudreuil) specialty alumina plant

100%

27

26

25

29

29

84

84

  Queensland Alumina

80%

765

752

763

769

758

2,245

2,289

  São Luis (Alumar)

10%

93

94

90

93

92

273

275

  Yarwun

100%

703

778

785

823

747

2,087

2,355

Rio Tinto total alumina production


1,957

2,011

2,040

2,067

1,981

5,777

6,088










ALUMINIUM









Production ('000 tonnes)









  Australia - Bell Bay

100%

48

49

45

45

46

142

135

  Australia - Boyne Island

59%

87

86

86

86

87

257

259

  Australia - Tomago

52%

76

75

75

76

77

224

227

  Canada - six wholly owned

100%

316

346

375

398

404

927

1,177

  Canada - Alouette (Sept-Îles)

40%

61

61

61

61

61

181

182

  Canada - Bécancour

25%

27

28

28

27

29

82

84

  France - Dunkerque

100%

69

70

69

69

71

205

208

  Iceland - ISAL (Reykjavik)

100%

48

50

50

52

51

151

153

  New Zealand - Tiwai Point

79%

67

67

67

67

68

197

201

  Oman - Sohar

20%

19

19

19

19

19

56

58

  UK - Lochaber

100%

12

12

12

12

12

35

36

Rio Tinto total aluminium production


830

864

887

911

924

2,457

2,721










BAUXITE









Production ('000 tonnes) (a)









   Gove

100%

1,966

1,959

2,214

2,186

2,521

5,538

6,921

   Porto Trombetas

12%

522

532

457

470

533

1,407

1,460

   Sangaredi

   (b)

1,681

1,820

1,892

1,857

1,726

4,757

5,475

   Weipa

100%

7,119

6,899

6,524

7,560

7,642

20,764

21,726

Rio Tinto total bauxite production


11,287

11,211

11,088

12,073

12,422

32,466

35,583



 

Rio Tinto share of production















Rio Tinto
interest

3Q
2015

4Q
2015

1Q
2016

2Q
2016

3Q
2016

9 MTHS
2015

9 MTHS
2016










BORATES









Production ('000 tonnes B2O3 content)









  Rio Tinto Minerals - borates

100%

115

107

127

123

132

369

382










COAL - hard coking









Rio Tinto Coal Australia ('000 tonnes)









  Hail Creek Coal

82%

1,427

1,134

1,224

1,202

1,248

3,965

3,674

  Kestrel Coal

80%

429

766

758

596

926

1,994

2,280

Rio Tinto total hard coking coal production


1,856

1,900

1,982

1,798

2,175

5,959

5,954










COAL - semi-soft coking









Rio Tinto Coal Australia ('000 tonnes)









  Hunter Valley (c)

68%

585

548

677

440

842

1,825

1,959

  Mount Thorley (c)

80%

254

163

363

331

150

732

844

  Warkworth (c)

56%

90

87

135

121

75

293

331

Rio Tinto total semi-soft coking coal production


928

797

1,175

893

1,066

2,850

3,133










COAL - thermal









Rio Tinto Coal Australia ('000 tonnes)









  Bengalla (d)

0%

652

693

527

-

-

1,969

527

  Hail Creek Coal

82%

634

702

895

661

787

1,959

2,343

  Hunter Valley (c)

68%

1,925

2,351

1,364

2,098

1,596

5,687

5,058

  Kestrel Coal

80%

87

185

139

96

225

324

460

  Mount Thorley (c)

80%

547

385

549

252

606

1,417

1,407

  Warkworth (c)

56%

774

866

859

1,216

1,131

2,099

3,205

Rio Tinto total thermal coal production


4,618

5,182

4,331

4,323

4,346

13,456

13,000



 

Rio Tinto share of production















Rio Tinto
interest

3Q
2015

4Q
2015

1Q
2016

2Q
2016

3Q
2016

9 MTHS
2015

9 MTHS
2016










COPPER









Mine production ('000 tonnes) (a)









  Bingham Canyon

100%

22.2

25.7

34.2

37.2

36.2

66.3

107.6

  Escondida

30%

73.8

66.2

79.4

77.7

72.6

278.5

229.7

  Grasberg - Joint Venture (e) (f)

40%

0.0

0.0

5.0

6.1

8.9

0.0

20.0

  Oyu Tolgoi (g)

34%

18.8

19.2

19.3

17.3

15.6

48.6

52.2

Rio Tinto total mine production


114.9

111.1

137.9

138.4

133.3

393.3

409.6

Refined production ('000 tonnes)









  Escondida

30%

21.5

26.6

25.4

25.6

21.2

71.3

72.2

  Rio Tinto Kennecott

100%

14.3

22.6

25.8

24.6

39.1

92.5

89.5

Rio Tinto total refined production


35.8

49.2

51.3

50.2

60.2

163.8

161.7










DIAMONDS









Production ('000 carats)









  Argyle

100%

3,514

3,368

3,391

3,489

3,493

10,105

10,374

  Diavik

60%

761

899

1,131

948

927

2,945

3,005

Rio Tinto total diamond production


4,275

4,266

4,522

4,436

4,420

13,049

13,379










GOLD









Mine production ('000 ounces) (a)









  Bingham Canyon

100%

31.0

25.6

26.2

28.3

41.5

105.2

95.9

  Escondida

30%

7.1

5.4

9.4

10.8

8.3

21.2

28.5

  Grasberg - Joint Venture (e) (f)

40%

0.0

0.0

8.1

7.4

12.8

0.0

28.2

  Oyu Tolgoi (g)

34%

41.1

69.4

48.1

23.3

12.5

149.6

84.0

Rio Tinto total mine production


79.3

100.3

91.8

69.8

75.0

276.0

236.6

Refined production ('000 ounces)









  Rio Tinto Kennecott

100%

34.1

31.0

29.8

35.3

29.7

148.0

94.9



 

Rio Tinto share of production















Rio Tinto
interest

3Q
2015

4Q
2015

1Q
2016

2Q
2016

3Q
2016

9 MTHS
2015

9 MTHS
2016










IRON ORE









Production ('000 tonnes) (a)









  Hamersley mines

   (h)

50,113

51,324

48,468

50,284

52,302

138,097

151,054

  Hamersley - Channar

60%

1,811

1,564

1,523

1,432

1,764

4,773

4,719

  Hope Downs

50%

5,589

5,845

5,900

5,924

5,888

16,528

17,711

  Iron Ore Company of Canada

59%

2,784

2,878

2,419

2,573

2,925

7,510

7,918

  Robe River - Pannawonica (Mesas J and A)

53%

4,520

4,273

4,450

4,221

4,208

12,943

12,879

  Robe River - West Angelas

53%

4,497

4,544

4,611

4,452

4,344

12,769

13,407

Rio Tinto iron ore production ('000 tonnes)


69,316

70,427

67,371

68,886

71,431

192,620

207,688

Breakdown of Production:









  Pilbara Blend Lump


19,697

19,571

18,732

18,628

19,957

53,244

57,317

  Pilbara Blend Fines


28,497

30,036

28,351

28,823

29,591

78,570

86,765

  Robe Valley Lump


1,505

1,410

1,573

1,440

1,484

4,528

4,497

  Robe Valley Fines


3,015

2,863

2,876

2,781

2,725

8,415

8,382

  Yandicoogina Fines (HIY)


13,818

13,669

13,420

14,640

14,750

40,353

42,809

  IOC Concentrate


1,197

1,683

1,242

1,207

1,334

3,247

3,783

  IOC Pellets


1,587

1,196

1,178

1,366

1,591

4,264

4,135

Breakdown of Sales:









  Pilbara Blend Lump


17,178

18,001

15,291

17,552

17,014

45,029

49,858

  Pilbara Blend Fines


34,922

34,098

30,522

31,025

30,132

91,126

91,679

  Robe Valley Lump


1,405

1,334

1,272

1,276

1,346

3,983

3,894

  Robe Valley Fines


3,246

3,256

2,893

2,927

3,069

8,610

8,889

  Yandicoogina Fines (HIY)


13,934

14,569

12,533

14,553

15,008

40,274

42,094

  IOC Concentrate


1,850

1,560

1,210

1,261

1,281

3,379

3,751

  IOC Pellets


1,553

1,280

1,168

1,413

1,516

4,359

4,098

Rio Tinto iron ore sales ('000 tonnes)


74,088

74,097

64,889

70,007

69,366

196,760

204,263



 

Rio Tinto share of production















Rio Tinto
interest

3Q
2015

4Q
2015

1Q
2016

2Q
2016

3Q
2016

9 MTHS
2015

9 MTHS
2016










MOLYBDENUM









Mine production ('000 tonnes) (a)









  Bingham Canyon

100%

1.8

0.6

0.1

0.2

0.8

7.0

1.1










SALT









Production ('000 tonnes)









  Dampier Salt

68%

1,281

1,647

1,438

1,117

1,240

3,892

3,794










SILVER









Mine production ('000 ounces) (a)









  Bingham Canyon

100%

362

300

342

329

522

1,158

1,193

  Escondida

30%

354

289

463

562

369

1,155

1,394

  Grasberg - Joint Venture (e)

40%

0

0

0

0

0

0

0

  Oyu Tolgoi (g)

34%

130

119

132

131

121

291

385

Rio Tinto total mine production


846

707

938

1,022

1,011

2,604

2,971

Refined production ('000 ounces)









  Rio Tinto Kennecott

100%

296

348

348

587

415

1,495

1,350










TITANIUM DIOXIDE SLAG









Production ('000 tonnes)









  Rio Tinto Iron & Titanium (i)

100%

243

223

246

236

267

866

748










URANIUM









Production ('000 lbs U3O8) (j)









  Energy Resources of Australia

68%

689

1,008

894

738

1,004

2,015

2,635

  Rössing

69%

379

691

687

702

628

1,194

2,017

Rio Tinto total uranium production


1,068

1,699

1,581

1,439

1,633

3,209

4,653












 

Production data notes:

Production figures are sometimes more precise than the rounded numbers shown, hence small differences may result between the total of the quarter figures and the year to date figures.

(a) Mine production figures for metals refer to the total quantity of metal produced in concentrates, leach liquor or doré bullion irrespective of whether these products are then refined onsite, except for the data for bauxite and iron ore which represent production of marketable quantities of ore plus concentrates and pellets.

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

(c) As a result of a restructure of the Coal & Allied group, which completed on 3 February 2016, Rio Tinto obtained 100% ownership of Coal & Allied and Mitsubishi obtained a direct interest of 32.4% in the newly created Hunter Valley Operations joint venture, which owns the Hunter Valley Operations mine. Updated ownership reflects these changes. Historical production prior to the date of the restructure, reflects previous ownership in the Hunter Valley Operations, Mt Thorley and Warkworth mines of 80%, 64% and 44.46% respectively.

(d) Rio Tinto sold its interest in the Bengalla Joint Venture with an effective date of 1 March 2016.

(e) Through a joint venture agreement with Freeport-McMoRan (FCX), Rio Tinto is entitled to 40% of additional material mined as a consequence of expansions and developments of the Grasberg facilities since 1998.

(f) Third-quarter 2016 adjustments to Grasberg forecasted full-year 2016 production resulted in adjustments to Rio Tinto's share of previously reported mine production in the first and second quarters of 2016.

(g) Rio Tinto owns a 33.52% indirect interest in Oyu Tolgoi through its 50.79% interest in Turquoise Hill Resources Ltd.

(h) Includes 100% of production from Paraburdoo, Mt Tom Price, Marandoo, Yandicoogina, Brockman, Nammuldi and the Eastern Range mines. Whilst Rio Tinto owns 54% of the Eastern Range mine, under the terms of the joint venture agreement, Hamersley Iron manages the operation and is obliged to purchase all mine production from the joint venture and therefore all of the production is included in Rio Tinto's share of production.

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

(j) ERA and Rössing production reported are drummed U3O8.










The Rio Tinto percentage shown above is at 30 September 2016.










Rio Tinto's interest in the Murowa mine was sold in 2015.  No data for this operation are included in the Share of Production table.










 



 

Rio Tinto operational data















Rio Tinto
interest

3Q
2015

4Q
2015

1Q
2016

2Q
2016

3Q
2016

9 MTHS
2015

9 MTHS
2016










ALUMINA









Smelter Grade Alumina - Aluminium Group









Alumina production ('000 tonnes)









Australia









  Queensland Alumina Refinery - Queensland

80.0%

956

940

953

961

947

2,806

2,861

  Yarwun refinery - Queensland

100.0%

703

778

785

823

747

2,087

2,355

Brazil









  São Luis (Alumar) refinery

10.0%

928

937

903

931

916

2,730

2,750

Canada









  Jonquière (Vaudreuil) refinery - Quebec (a)

100.0%

369

361

377

353

355

1,089

1,085


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

Specialty Alumina - Aluminium Group









Specialty alumina production ('000 tonnes)









Canada









  Jonquière (Vaudreuil) plant - Quebec

100.0%

27

26

25

29

29

84

84

Rio Tinto percentage interest shown above is at 30 September 2016. The data represent full production and sales on a 100% basis unless otherwise stated.



 

Rio Tinto operational data















Rio Tinto
interest

3Q
2015

4Q
2015

1Q
2016

2Q
2016

3Q
2016

9 MTHS
2015

9 MTHS
2016










ALUMINIUM









Primary Aluminium









Primary aluminium production ('000 tonnes)









Australia









  Bell Bay smelter - Tasmania

100.0%

48

49

45

45

46

142

135

  Boyne Island smelter - Queensland

59.4%

146

146

145

145

147

433

436

  Tomago smelter - New South Wales

51.6%

147

146

145

147

149

434

441

Canada









  Alma smelter - Quebec

100.0%

117

118

117

116

117

348

350

  Alouette (Sept-Îles) smelter - Quebec

40.0%

153

153

152

152

152

453

456

  Arvida smelter - Quebec

100.0%

43

44

43

43

43

129

129

  Arvida AP60 smelter - Quebec

100.0%

15

15

15

15

15

44

45

  Bécancour smelter - Quebec

25.1%

108

111

113

108

114

326

335

  Grande-Baie smelter - Quebec

100.0%

56

57

56

56

58

165

170

  Kitimat smelter - British Columbia

100.0%

23

51

83

107

109

58

299

  Laterrière smelter - Quebec

100.0%

61

62

61

61

62

183

185

France









  Dunkerque smelter

100.0%

69

70

69

69

71

205

208

Iceland









  ISAL (Reykjavik) smelter

100.0%

48

50

50

52

51

151

153

New Zealand









  Tiwai Point smelter

79.4%

84

85

84

84

85

249

253

Oman









  Sohar smelter

20.0%

94

96

97

97

95

281

289

United Kingdom









  Lochaber smelter

100.0%

12

12

12

12

12

35

36

Rio Tinto percentage interest shown above is at 30 September 2016. The data represent full production and sales on a 100% basis unless otherwise stated.



 

Rio Tinto operational data















Rio Tinto
interest

3Q
2015

4Q
2015

1Q
2016

2Q
2016

3Q
2016

9 MTHS
2015

9 MTHS
2016










BAUXITE









Bauxite production ('000 tonnes)









Australia









  Gove mine - Northern Territory

100.0%

1,966

1,959

2,214

2,186

2,521

5,538

6,921

  Weipa mine - Queensland

100.0%

7,119

6,899

6,524

7,560

7,642

20,764

21,726

Brazil









  Porto Trombetas (MRN) mine

12.0%

4,351

4,437

3,805

3,920

4,441

11,726

12,166

Guinea









  Sangaredi mine (a)

23.0%

3,735

4,044

4,205

4,126

3,836

10,571

12,167










Rio Tinto share of bauxite shipments









Share of total bauxite shipments ('000 tonnes)


11,159

10,890

11,153

11,683

12,743

32,572

35,579

Share of third party bauxite shipments ('000 tonnes)


6,773

6,576

6,768

7,101

8,093

19,993

21,962


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

Rio Tinto percentage interest shown above is at 30 September 2016. The data represent full production and sales on a 100% basis unless otherwise stated.



 

Rio Tinto operational data















Rio Tinto
interest

3Q
2015

4Q
2015

1Q
2016

2Q
2016

3Q
2016

9 MTHS
2015

9 MTHS
2016










BORATES









Rio Tinto Minerals - borates

100.0%








US









  Borates ('000 tonnes) (a)


115

107

127

123

132

369

382


(a) Production is expressed as B2O3 content.










COAL









Rio Tinto Coal Australia









Bengalla mine (a)

0.0%




             

             



New South Wales





             

             



  Thermal coal ('000 tonnes)


2,036

2,166

1,476

-

-

6,153

1,476

Hail Creek Coal mine

82.0%








Queensland









  Hard coking coal ('000 tonnes)


1,740

1,383

1,492

1,466

1,522

4,835

4,480

  Thermal coal ('000 tonnes)


773

856

1,091

806

960

2,390

2,857

Hunter Valley Operations (b)

67.6%








New South Wales









  Semi-soft coking coal ('000 tonnes)


731

685

964

651

1,245

2,281

2,861

  Thermal coal ('000 tonnes)


2,406

2,939

1,911

3,104

2,361

7,109

7,375

Kestrel Coal mine

80.0%








Queensland









  Hard coking coal ('000 tonnes)


536

957

948

745

1,158

2,493

2,850

  Thermal coal ('000 tonnes)


109

231

173

120

281

405

574

Mount Thorley Operations (b)

80.0%








New South Wales









  Semi-soft coking coal ('000 tonnes)


396

254

466

414

187

1,144

1,067

  Thermal coal ('000 tonnes)


854

602

742

315

758

2,214

1,815

Rio Tinto percentage interest shown above is at 30 September 2016. The data represent full production and sales on a 100% basis unless otherwise stated.



 

Rio Tinto operational data















Rio Tinto
interest

3Q
2015

4Q
2015

1Q
2016

2Q
2016

3Q
2016

9 MTHS
2015

9 MTHS
2016










COAL (continued)









Warkworth mine (b)

55.6%








New South Wales









  Semi-soft coking coal ('000 tonnes)


201

194

267

218

135

659

620

  Thermal coal ('000 tonnes)


1,740

1,945

1,672

2,188

2,035

4,717

5,895

Total hard coking coal production ('000 tonnes)


2,277

2,340

2,440

2,210

2,680

7,328

7,331

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


1,329

1,133

1,697

1,284

1,567

4,084

4,547

Total thermal coal production ('000 tonnes)


7,918

8,739

7,065

6,533

6,395

22,988

19,993

Total coal production ('000 tonnes)


11,524

12,212

11,202

10,026

10,642

34,400

31,871










Total coal sales ('000 tonnes)


11,455

12,261

11,047

10,357

10,129

34,397

31,532

Rio Tinto Coal Australia share (c)









Share of hard coking coal sales ('000 tonnes)


1,722

2,018

2,099

1,879

2,332

6,052

6,309

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


932

784

1,122

1,075

904

2,825

3,101

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


4,689

5,037

4,287

4,260

3,958

13,383

12,505


(a) Rio Tinto sold its interest in the Bengalla Joint Venture with an effective date of 1 March 2016.
(b) As a result of a restructure of the Coal & Allied group, which completed on 3 February 2016, Rio Tinto obtained 100% ownership of Coal & Allied and Mitsubishi obtained a direct interest of 32.4% in the newly created Hunter Valley Operations joint venture, which owns the Hunter Valley Operations mine. Updated ownership reflects these changes. Historical production prior to the date of the restructure, reflects previous ownership in the Hunter Valley Operations, Mt Thorley and Warkworth mines of 80%, 64% and 44.46% respectively.
(c) Kestrel and Hail Creek produce hard coking coal and thermal coal through their mining operations. Both mines may blend coal types at ports.
(d) Sales relate only to coal mined by the operations and exclude traded coal.

Rio Tinto percentage interest shown above is at 30 September 2016. The data represent full production and sales on a 100% basis unless otherwise stated.



 

Rio Tinto operational data















Rio Tinto
interest

3Q
2015

4Q
2015

1Q
2016

2Q
2016

3Q
2016

9 MTHS
2015

9 MTHS
2016










COPPER & GOLD









Escondida

30.0%








Chile









Sulphide ore to concentrator ('000 tonnes)


22,820

18,076

21,188

22,905

20,787

67,111

64,881

  Average copper grade (%)


1.00

0.99

0.99

0.94

0.87

1.27

0.94

Mill production (metals in concentrates):









  Contained copper ('000 tonnes)


169.7

138.6

175.8

181.7

153.2

690.0

510.6

  Contained gold ('000 ounces)


24

18

31

36

28

71

95

  Contained silver ('000 ounces)


1,181

962

1,544

1,874

1,229

3,850

4,648

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

76.5

81.8

88.8

77.4

88.9

238.5

255.0

Refined production from leach plants:









  Copper cathode production ('000 tonnes)


71.5

88.7

84.8

85.3

70.5

237.6

240.6


(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)


14,855

14,248

14,249

14,141

18,487

45,074

46,878

Average mill head grades:









  Copper (%)


0.68

0.75

0.69

0.84

1.19

0.65

0.93

  Gold (g/t)


0.71

0.92

0.53

0.48

0.93

0.76

0.67

  Silver (g/t)


2.50

2.92

2.23

2.88

2.97

2.36

2.72

Production of metals in concentrates:









  Copper in concentrates ('000 tonnes)


90.1

94.5

85.8

106.5

203.0

258.8

395.4

  Gold in concentrates ('000 ounces)


282

355

196

179

459

915

835

  Silver in concentrates ('000 ounces)


723

778

613

776

1,065

2,040

2,453

Sales of payable metals in concentrates: (c)









  Copper in concentrates ('000 tonnes)


89.9

88.7

86.9

96.8

195.2

249.1

378.9

  Gold in concentrates ('000 ounces)


286

332

207

166

437

891

810

  Silver in concentrates ('000 ounces)


574

567

510

562

825

1,567

1,898


(a) Through a joint venture agreement with Freeport-McMoRan (FCX), Rio Tinto is entitled to 40% of additional material mined as a consequence of expansions and developments of the Grasberg facilities since 1998. The 3Q 2016 results show the forecast from FCX's most recent five-year plan, because FCX is not releasing its actual 100% operating data for 3Q 2016 until the release of its 2016 third-quarter results on 25 October 2016.
(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 30 September 2016. The data represent full production and sales on a 100% basis unless otherwise stated.



 

Rio Tinto operational data















Rio Tinto
interest

3Q
2015

4Q
2015

1Q
2016

2Q
2016

3Q
2016

9 MTHS
2015

9 MTHS
2016










COPPER & GOLD (continued)









Rio Tinto Kennecott









Bingham Canyon mine

100.0%








Utah, US









Ore treated ('000 tonnes)


8,581

8,224

7,386

7,512

9,698

26,607

24,596

Average ore grade:









  Copper (%)


0.30

0.35

0.51

0.55

0.41

0.29

0.48

  Gold (g/t)


0.17

0.15

0.19

0.18

0.25

0.18

0.21

  Silver (g/t)


2.07

1.45

1.85

1.70

2.56

2.10

2.09

  Molybdenum (%)


0.035

0.023

0.015

0.023

0.031

0.041

0.024

Copper concentrates produced ('000 tonnes)


116

136

153

152

154

334

458

  Average concentrate grade (% Cu)


18.9

18.8

22.4

24.5

23.4

19.7

23.4

Production of metals in copper concentrates:









  Copper ('000 tonnes) (a)


22.2

25.7

34.2

37.2

36.2

66.3

107.6

  Gold ('000 ounces)


31

26

26

28

41

105

96

  Silver ('000 ounces)


362

300

342

329

522

1,158

1,193

Molybdenum concentrates produced ('000 tonnes):


3.4

1.2

0.2

0.3

1.6

13.7

2.2

  Molybdenum in concentrates ('000 tonnes)


1.8

0.6

0.1

0.2

0.8

7.0

1.1


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

Kennecott smelter & refinery

100.0%








Copper concentrates smelted ('000 tonnes)


113

143

158

167

220

360

545

Copper anodes produced ('000 tonnes) (a)


17.1

24.7

32.0

33.1

56.1

71.3

121.1

Production of refined metal:









  Copper ('000 tonnes)


14.3

22.6

25.8

24.6

39.1

92.5

89.5

  Gold ('000 ounces) (b)


34.1

31.0

29.8

35.3

29.7

148.0

94.9

  Silver ('000 ounces) (b)


296

348

348

587

415

1,495

1,350


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

Rio Tinto percentage interest shown above is at 30 September 2016. The data represent full production and sales on a 100% basis unless otherwise stated.



 

Rio Tinto operational data















Rio Tinto
interest

3Q
2015

4Q
2015

1Q
2016

2Q
2016

3Q
2016

9 MTHS
2015

9 MTHS
2016










COPPER & GOLD (continued)









Turquoise Hill Resources









Oyu Tolgoi mine (a)

33.5%








Mongolia









Ore Treated ('000 tonnes)


8,632

9,369

9,662

9,525

9,146

25,168

28,333

Average mill head grades:









  Copper (%)


0.75

0.69

0.70

0.64

0.66

0.66

0.67

  Gold (g/t)


0.56

0.92

0.63

0.33

0.21

0.73

0.39

  Silver (g/t)


1.90

1.67

1.92

1.92

1.99

1.52

1.95

Copper concentrates produced ('000 tonnes)


210.3

231.8

229.5

207.1

203.2

556.7

639.8

  Average concentrate grade (% Cu)


26.6

24.7

25.1

24.9

22.9

26.0

24.4

Production of metals in concentrates:









  Copper in concentrates ('000 tonnes)


56.0

57.3

57.6

51.7

46.6

144.9

155.9

  Gold in concentrates ('000 ounces)


122.6

207.1

143.5

69.6

37.4

446.4

250.6

  Silver in concentrates ('000 ounces)


388

355

395

391

361

869

1,147

Sales of metals in concentrates:









  Copper in concentrates ('000 tonnes)


58.2

54.7

51.2

54.4

45.7

146.5

151.3

  Gold in concentrates ('000 ounces)


200

160

175

95

38

577

307

  Silver in concentrates ('000 ounces)


334

360

305

395

341

798

1,041


(a) Rio Tinto owns a 33.52% indirect interest in Oyu Tolgoi through its 50.79% interest in Turquoise Hill Resources.

Rio Tinto percentage interest shown above is at 30 September 2016. The data represent full production and sales on a 100% basis unless otherwise stated.



 

Rio Tinto operational data















Rio Tinto
interest

3Q
2015

4Q
2015

1Q
2016

2Q
2016

3Q
2016

9 MTHS
2015

9 MTHS
2016










DIAMONDS









Argyle Diamonds

100.0%








Western Australia









  AK1 ore processed ('000 tonnes)


1,339

1,127

1,151

1,314

1,349

3,716

3,814

  AK1 diamonds produced ('000 carats)


3,514

3,368

3,391

3,489

3,493

10,105

10,374

Diavik Diamonds

60.0%








Northwest Territories, Canada









  Ore processed ('000 tonnes)


478

465

557

535

582

1,519

1,675

  Diamonds recovered ('000 carats)


1,269

1,498

1,885

1,579

1,545

4,908

5,009

Murowa Diamonds (a)

0.0%








Zimbabwe









  Ore processed ('000 tonnes)


-

-

-

-

-

212

-

  Diamonds recovered ('000 carats)


-

-

-

-

-

99

-


(a) Rio Tinto sold its 77.8% interest in Murowa Diamonds with an effective date of 17 June 2015. Production data are shown up to that date.

Rio Tinto percentage interest shown above is at 30 September 2016. The data represent full production and sales on a 100% basis unless otherwise stated.



 

Rio Tinto operational data















Rio Tinto
interest

3Q
2015

4Q
2015

1Q
2016

2Q
2016

3Q
2016

9 MTHS
2015

9 MTHS
2016










IRON ORE









Rio Tinto Iron Ore









Western Australia









Pilbara Operations









Saleable iron ore production ('000 tonnes)









  Hamersley mines

   (a)

50,113

51,324

48,468

50,284

52,302

138,097

151,054

  Hamersley - Channar

60.0%

3,019

2,606

2,539

2,386

2,941

7,955

7,866

  Hope Downs

50.0%

11,179

11,690

11,799

11,847

11,775

33,055

35,422

  Robe River - Pannawonica (Mesas J and A)

53.0%

8,529

8,062

8,395

7,964

7,940

24,420

24,300

  Robe River - West Angelas

53.0%

8,485

8,573

8,700

8,400

8,196

24,092

25,296

Total production ('000 tonnes)


81,325

82,255

79,902

80,882

83,154

227,621

243,938

Breakdown of total production:









  Pilbara Blend Lump


24,306

24,116

23,355

23,180

24,478

66,527

71,014

  Pilbara Blend Fines


34,672

36,408

34,732

35,098

35,986

96,320

105,816

  Robe Valley Lump


2,840

2,660

2,969

2,717

2,799

8,543

8,485

  Robe Valley Fines


5,690

5,402

5,427

5,248

5,141

15,878

15,815

  Yandicoogina Fines (HIY)


13,818

13,669

13,420

14,640

14,750

40,353

42,809

Breakdown of total sales:









  Pilbara Blend Lump


21,147

21,960

19,149

20,914

20,377

56,615

60,440

  Pilbara Blend Fines


41,695

41,266

37,199

38,807

37,200

111,440

113,206

  Robe Valley Lump


2,651

2,516

2,400

2,408

2,540

7,515

7,348

  Robe Valley Fines


6,124

6,144

5,459

5,523

5,790

16,246

16,772

  Yandicoogina Fines (HIY)


13,934

14,569

12,533

14,553

15,008

40,274

42,094

Total sales ('000 tonnes) (b)


85,552

86,454

76,739

82,205

80,916

232,090

239,860


(a) Includes 100% of production from Paraburdoo, Mt Tom Price, Marandoo, Yandicoogina, Brockman, Nammuldi and the Eastern Range mines. Whilst Rio Tinto owns 54% of the Eastern Range mine, under the terms of the joint venture agreement, Hamersley Iron manages the operation and is obliged to purchase all mine production from the joint venture and therefore all of the production is included in Rio Tinto's share of production.
(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)


2,039

2,865

2,114

2,056

2,272

5,529

6,442

  Pellets ('000 tonnes)


2,703

2,036

2,006

2,326

2,710

7,261

7,042

Sales:









  Concentrates ('000 tonnes)


3,150

2,656

2,060

2,147

2,182

5,755

6,388

  Pellets ('000 tonnes)


2,644

2,180

1,990

2,407

2,582

7,423

6,978

Global Iron Ore Totals









Iron Ore Production ('000 tonnes)


86,067

87,157

84,022

85,265

88,136

240,410

257,422

Iron Ore Sales ('000 tonnes)


91,346

91,291

80,789

86,759

85,679

245,268

253,226

Rio Tinto percentage interest shown above is at 30 September 2016. The data represent full production and sales on a 100% basis unless otherwise stated.

 

Rio Tinto operational data















Rio Tinto
interest

3Q
2015

4Q
2015

1Q
2016

2Q
2016

3Q
2016

9 MTHS
2015

9 MTHS
2016










SALT









Dampier Salt

68.4%








Western Australia









  Salt production ('000 tonnes)


1,874

2,409

2,103

1,634

1,813

5,694

5,550










TITANIUM DIOXIDE SLAG









Rio Tinto Iron & Titanium

100.0%








Canada and South Africa









  (Rio Tinto share) (a)









  Titanium dioxide slag ('000 tonnes)


243

223

246

236

267

866

748


(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)


1,008

1,474

1,307

1,078

1,468

2,946

3,853


(a) ERA production reported is 'drummed' U3O8.

Rössing Uranium Ltd

68.6%








Namibia









  U3O8 Production ('000 lbs)


552

1,007

1,001

1,023

916

1,740

2,940










Rio Tinto percentage interest shown above is at 30 September 2016. 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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