Second quarter 2009 operation

RNS Number : 6682V
Rio Tinto PLC
15 July 2009
 



Second quarter 2009 operations review


15 July 2009


Chief executive Tom Albanese said: 'Markets remained tough in the second quarter, as expected, particularly in aluminium. The production curtailments announced in January in this product group have started to take effect and are reflected in this report. We continue to press ahead with actions to reduce costs across the board, align production with demand, and bring down levels of net debt. We have successfully completed our US$15.2 billion rights issue this month and during the course of this year we have agreed divestments to the value of US$3.7 billion.'


  • Rio Tinto's global iron ore production was up eight per cent compared with the second quarter of 2008. 

  • Pilbara iron ore production of 53 million tonnes (42 million tonnes on an attributable basis) up 11 per cent on the second quarter of 2008 reflected operations running at full capacity. 

  • Following production cutbacks in response to the sharp fall in demand, bauxite production down 14 per cent, alumina down six per cent and aluminium down five per cent, compared with the second quarter of 2008. Second quarter trading in the aluminium business continued to experience difficult conditions and showed a slight improvement on the first quarter of 2009. 

  • Mined copper production down one per cent on the second quarter of 2008. Recovery in copper grades at Kennecott Utah Copper and Grasberg, offset by lower copper grades and continued operational issues at Escondida. 

  • Refined copper production up 23 per cent on the second quarter of 2008 from improved performance and higher concentrate grades at Kennecott Utah Copper and higher cathode production at Escondida.

  • Australian hard coking coal down seven per cent on the second quarter of 2008. Australian thermal coal production was up three per cent on the same period.

  • On 5 June 2009, Rio Tinto announced that it had entered a non-binding agreement with BHP Billiton to establish a production joint venture of both companies' Western Australian iron ore assets.

  • During 2009 Rio Tinto has announced divestments totalling $3.7 billion, including $1.2 billion for the Alcan Packaging Food Americas division announced on 6 July. 

  • Rio Tinto successfully completed its $15.2 billion rights issue on 3 July with valid acceptances of 96.97% for Rio Tinto plc and 94.76% for Rio Tinto Limited. The proceeds will be used to pay down Group debt. 


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

  IRON ORE


Rio Tinto share of production (000 tonnes)


Q2 09

vs Q2 08

vs Q1 09

H1 09

vs H1 08

Hamersley

31,028

+3%

+35%

53,994

-5%

Hope Downs

2,748

+59%

+61%

4,455

+96%

Robe River

8,298

+15%

+76%

13,016

-10%

IOC (pellets and concentrate)

2,515

+5%

+36%

4,368

-3%


Markets

During the second quarter, Rio Tinto settled 2009 iron ore supply contracts with JapanKorea and Taiwan. Deliveries continue to other customers on a provisional price or spot sales basis. Approximately half of the iron ore that Rio Tinto has produced this calendar year has been sold on a spot market basis. The delivered iron ore spot price has risen in line with rising freight rates, while on an FOB basis spot prices have remained relatively flat during the quarter.


Pilbara operations

Record second quarter production of 53 million tonnes (42 million tonnes on an attributable basis) was 47 per cent higher than the previous quarter, and represented an 11 per cent increase on the corresponding quarter of 2008. Total shipments from the Pilbara region of Western Australia during the second quarter totalled 52.5 million tonnes, 33 per cent higher than the previous quarter, and a 14 per cent increase on the same quarter of 2008. 


Pilbara infrastructure operated at close to full capacity as the most recent expansions were bedded down during the second quarter, recovering from the prolonged heavy rain experienced during the first quarter of 2009 when the Robe Valley railway line was blocked for six weeks.


Some major milestones were reached during the second quarter, including four ships berthed simultaneously at the Cape Lambert port for the first time and, as part of the autonomous haulage system trial, the five millionth tonne of material was moved by driverless truck.  


Iron Ore Company of Canada (IOC)


Rio Tinto's share of second quarter production at IOC was 2.5 million tonnes of pellets and concentrate, a five per cent increase on the same quarter of 2008. 


Production has been suspended from three pellet lines, as demand slumped in the wake of the global financial crisis. A five-week summer shutdown commenced on 7 July. 


HIsmelt

The HIsmelt pig iron plant in Western Australia has been placed on a care and maintenance programme to April 2010, due to depressed global pig iron prices and poor market outlook.


2009 production guidance

Rio Tinto's iron ore guidance for its global operations in 2009, incorporating AustraliaCanada and Brazil, remains around 200 million tonnes (on a 100 per cent basis) with the recovery in Chinese steel demand expected to continue into the second half of 2009.


  ALUMINIUM


Rio Tinto share of production (000 tonnes)


Q2 09

vs Q2 08

vs Q1 09

H1 09

vs H1 08

Rio Tinto Alcan






Bauxite

7,217

-14%

+4%

14,182

-17%

Alumina

2,139

-6%

-2%

4,325

-4%

Aluminium

942

-5%

-1%

1,889

-5%


In the light of very difficult trading conditions, management has implemented a widespread programme of closures and curtailments to reduce the cost of production. Bauxite production has been reduced by 5 million tonnes, high cost alumina refining capacity has been cut and a total of approximately 450 thousand tonnes or 12 per cent of smelting capacity is expected to have been divested, idled or shut down by the end of 2009, including the anticipated cessation of primary smelting operations at Anglesey, the Beauharnois closure, and production curtailments at higher cost smelters in Europe and Canada.


Over 80 per cent of Rio Tinto Alcan's capacity is positioned in the lower half of the industry cost curve. With these actions, 42 per cent of Rio Tinto Alcan's smelting capacity in the upper half of the cost curve has been either sold or curtailed. 


Cost reduction measures will lead to an improvement in margins against a backdrop of strengthening Canadian and Australian currencies. These foreign exchange effects, together with the non-cash impact of balance sheet translation movements and other non cash effects, are expected to have a negative impact on EBITDA in the first half of 2009.


Bauxite

Second quarter bauxite production was 14 per cent lower than the same quarter of 2008 with production at Weipa down 19 per cent. In April 2009, Rio Tinto Alcan announced the curtailment of annual production of bauxite at Weipa to 15 million tonnes (from 20 million tonnes in 2008) due to the sharp fall in alumina and aluminium demand and prices in recent months. Rio Tinto Alcan's share of global bauxite production in 2009 is expected to be approximately 31 million tonnes, a decline of 11 per cent on 2008. 


Alumina

Second quarter alumina production was six per cent lower than the same quarter of 2008. Following production cuts at the Vaudreuil and Gardanne alumina refineries announced in January 2009, the annual alumina production rate has been reduced by six per cent in 2009 compared with 2008. 


The expansion and upgrade of the Sao Luis (Alumar) alumina refinery (Rio Tinto Alcan share 10 per cent) from 1.5 million to 3.5 million tonnes per annum (100 per cent basis) is nearing completion and first additional production from the expanded facility was realised in June 2009. 


Aluminium

Second quarter aluminium production was five per cent lower than the same quarter of 2008. A steady performance at the low cost Canadian smelters was impacted by production cutbacks in Canada and Europe and a transformer failure in New Zealand. The ramp-up of the Sohar smelter in Oman continued on schedule with 90,000 tonnes (100 per cent basis) of metal produced in the quarter. 


Following the sale of the Ningxia smelter in China in January 2009, the closure of the Beauharnois smelter in Quebec at the end of April 2009, the anticipated cessation of primary smelting operations at the Anglesey smelter in Wales at the end of September 2009, and various other curtailments, Rio Tinto Alcan's aluminium production capacity is expected to be operating at a 12 per cent lower annual run rate by the end of 2009. Production in 2009 is expected to be 3.8 million tonnes (Rio Tinto share), a decline of six per cent compared with 2008. 


  Alcan downstream businesses

Trading conditions in the Alcan Engineered Products businesses remained difficult during the second quarter. The economic downturn resulted in a significant decrease in sales volumes in all sectors leading to higher unit production costs. 


On 6 July 2009, Rio Tinto announced that it had reached agreement to sell the Alcan Packaging Food Americas division for $1.2 billion, of which $200 million may be in the form of shares, to Bemis Company, Inc. Completion of the transaction remains subject to customary closing conditions, including regulatory approvals and is expected to occur during the second half of 2009. 



COPPER


Rio Tinto share of production


Q2 09

vs Q2 08

vs Q1 09

H1 09

vs H1 08

Kennecott Utah Copper






Mined copper (000 tonnes)

86.2

+43%

+15%

160.9

+53%

Refined copper (000 tonnes)

65.1

+32%

-5%

133.7

+32%

Molybdenum (000 tonnes)

2.5

+10%

+22%

4.5

-21%

Mined gold (000 ozs)

160

+74%

+26%

287

+78%

Refined gold (000 ozs)

112

+53%

+4%

220

+43%

Escondida






Mined copper (000 tonnes)

76.2

-41%

-3%

154.3

-37%

Refined copper (000 tonnes)

25.7

+22%

+10%

49.2

+34%

Grasberg JV






Mined copper (000 tonnes)

25.3

+1324%

+3%

50.1

+1306%

Mined gold (000 ozs)

73

n/a

+43%

124

n/a

* There was no gold share allocated to Rio Tinto under the joint venture metal strip share in 2008. 


Kennecott Utah Copper

Second quarter production of mined copper and gold increased by 43 per cent and 74 per cent, respectively, compared with the same quarter of 2008. Following a decline in the molybdenum market, the mining sequence was refocused with a bias for the delivery of copper and gold. This factor, combined with pockets of exceptionally high quality ore, mined as part of the usual mining sequence, resulted in the positive second quarter variances.


Increased ore throughput and improved recovery rates during the second quarter reflected continued efforts to optimise the concentrator flotation circuit. These improvements also resulted in a higher quantity and quality of concentrate produced. Consistent smelter performance has led to higher anode production and resulted in higher cathode and precious metals production at the refinery compared with the second quarter of 2008.  


Escondida

Rio Tinto's share of mined copper for the second quarter declined by 41 per cent compared with the corresponding period of 2008, attributable to lower concentrator head grades and lower throughput following SAG mill motor issues and lower ore production from the Escondida Norte pit. Cathode copper production for the second quarter improved by 22 per cent compared with the same quarter of 2008, and ten per cent compared with the first quarter of 2009, due to increased sulphide leach cathode production. A 45 day concentrator shutdown is scheduled for July and August 2009 to remedy the SAG mill motor problems.


Grasberg

Rio Tinto's share of joint venture copper and gold was significantly higher than the second quarter of 2008 helped by improved ore grades. There was no gold share allocated to Rio Tinto under the joint venture metal strip share in 2008. Freeport is due to release its 100 per cent operating data for the second quarter on 21 July 2009.


2009 production guidance

In 2009, Rio Tinto's share of mined and refined copper production is expected to be 780,000 tonnes and 425,000 tonnes, respectively.


DIAMONDS


Rio Tinto share of production (000 carats)


Q2 09

vs Q2 08

vs Q1 09

H1 09

vs H1 08

Argyle

408

-86%

-91%

4,812

-7%

Diavik

853

-44%

-20%

1,924

-26%


Both prices and sales volumes for diamonds have been severely impacted by the economic downturn. The effect on the rough diamonds market has been exacerbated by the lowering of inventory levels in the diamond pipeline, resulting from reduced global liquidity. 


Second quarter carat production at Argyle declined by 86 per cent compared with the same quarter of 2008. This followed the previously announced maintenance shut at the processing facilities from March to May 2009. Processing recommenced in June. 


Second quarter production at Diavik was 44 per cent lower than the same quarter of 2008 with operations scaling back production in response to the economic slowdown. In addition, a higher proportion of the ore was sourced from the lower grade A418 pipe. The first of two six week shutdowns commenced on 14 July. Diamond production has ceased temporarily and the mine has been placed on a care and maintenance schedule. Following these measures, Diavik is expected to produce between five and six million carats (100 per cent basis) of rough diamonds in 2009. 



ENERGY


US thermal coal

Rio Tinto share of production (000 tonnes)


Q2 09

vs Q2 08

vs Q1 09

H1 09

vs H1 08

Rio Tinto Energy America*

28,304

-5%

-6%

58,316

-2%

* The Colowyo mine is no longer part of RTEA and is reported separately


Second quarter production and shipments at Rio Tinto Energy America (RTEA) declined by five per cent compared with the corresponding quarter of 2008. The economic downturn has reduced the demand for coal-fired power and some customers have switched to lower cost natural gas usage. 


Australian coal

Rio Tinto share of production (000 tonnes)


Q2 09

vs Q2 08

vs Q1 09

H1 09

vs H1 08

Rio Tinto Coal Australia






Hard coking coal

1,898

-7%

+38%

3,271

+6%

Other coal

5,734

+3%

+8%

11,050

+1%


Hard coking coal production from the Queensland coal operations decreased by seven per cent, compared with the same quarter of 2008 due to the impact of wet weather. 2009 production at Kestrel is forecast to be in line with 2008 production albeit with a higher proportion of thermal coal in 2009. 


Higher production of hard coking and thermal coal compared with the first quarter of 2009 was attributable to improved mining conditions and improved demand for coking coal.


An investment programme by the owners and operators of the coal ports at Newcastle and Dalrymple Bay is expected to be completed by the end of the third quarter of 2009 which will increase capacity at the coal terminals.


  Uranium

Rio Tinto share of production (000 lbs)


Q2 09

vs Q2 08

vs Q1 09

H1 09

vs H1 08

Energy Resources of Australia


2,180


+33%


+16%


4,063


+11%

Rössing 

1,461

-3%

-1%

2,938

+3%


Rio Tinto's share of second quarter uranium production was 16 per cent higher than the corresponding quarter of 2008. ERA production increased by 33 per cent due to an improvement in ore grade and plant utilisation, as well as commencement of operation of the laterite processing plant. Marginally lower production at Rössing was attributable to a 14 day planned shutdown in June, partly offset by continued access to higher grade ore. 



MINERALS


Rio Tinto share of production (000 tonnes)


Q2 09

vs Q2 08

vs Q1 09

H1 09

vs H1 08

Borates

79

-54%

-29%

190

-41%

Titanium dioxide feedstock

332

-18%

+2%

656

-14%


Minerals production continued to be affected by lower demand in line with reduced economic activity across all major regions. In addition, planned maintenance shutdowns occurred during the quarter.

The first shipment of ilmenite ore from QMM (Madagascar) to Canada was made during the quarter.

At QIT, a two month summer shutdown will take place at its ilmenite mine and smelting operations in Canada in response to the current market uncertainty. At Richards Bay one of the four furnaces is currently out of operation for a period of five months for a planned rebuild. A general decline in production volumes of approximately 14 per cent across the Rio Tinto Iron & Titanium product portfolio is anticipated in 2009, compared with 2008.


During the first quarter of 2009, Rio Tinto divested its undeveloped potash assets in Argentina and Canada for $850 million. The profit on disposal is expected to be recognised within underlying earnings within Energy & Minerals evaluation projects and is estimated to be $818 million pre-tax and $797 million post tax. 



EXPLORATION AND EVALUATION 


Pre-tax and pre-divestment expenditure on exploration and evaluation charged to the profit and loss account in the first half of 2009 was $242 million compared with $401 million in same period of 2008. During the first half of 2009 the Group realised $73 million (pre-tax) from the divestment of exploration properties.


Exploration and evaluation expenditure across the Group has been scaled back in 2009, in line with the announcements on the Group's commitment to reduce controllable operating costs by at least $2.5 billion per annum in 2010. The 2009 central budget for greenfield exploration has been cut by approximately 60 per cent to $100 million (before tax and divestment proceeds). 


In Chile, the Rio Tinto Exploration alliance with Codelco was expanded with the addition of the Pasacas prospect located north of Collahuasi.  


The Jadar lithium borates discovery in Serbia is being prepared for transfer from Rio Tinto Exploration to Rio Tinto Minerals for commencement of a pre-feasibility evaluation programme.


Ground evaluation of aeromagnetic anomalies commenced on the Orientale iron ore project in north eastern Democratic Republic of Congo.


  A summary of activity for the period is as follows:


Product Group

Advanced projects

Greenfield programmes

Aluminium

AmargosaBrazil.

AustraliaBrazilGuyanaLaos.

Copper and Diamonds

Copper: Tamarack South, US. 


Copper: ChilePeru, US. 

Diamonds: IndiaCanada, US, Democratic Republic of Congo.

Energy & Minerals

Coal: Altai NuursMongoliaCrowsnestCanada

Minerals: Jadar lithium borates, Serbia.

Coal: Canada, South Africa, Tanzania, Mongolia.

Uranium: Jordan.


Iron Ore

PilbaraAustralia.

Brazil, Democratic Republic of Congo


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


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

  

About Rio Tinto 


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


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


For further information, please contact:


Media Relations, London 

Nick Cobban

Office: +44 (0) 20 7781 1138

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Office: +44 (0) 20 7781 1154

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Media Relations, Australia 

Amanda Buckley

Office: +61 (0) 3 9283 3627

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Office: +61 (0) 3 9283 3620

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Office: +1 202 393 0266

Mobile: +1 202 256 3667

Media Relations, Canada

Stefano Bertolli

Office:: +1 (0) 514 848 8151

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Investor Relations, London

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Office: +44 (0) 20 7781 2049 

Mobile: +44 (0) 7917 227 365

David Ovington

Office: +44 (0) 20 7781 2051

Mobile: +44 (0) 7920 010 978

Investor Relations, North America

Jason Combes

Office: +1 (0) 801 204 2919

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Investor Relations, Australia

Dave Skinner

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Email: questions@riotinto.com


Website: www.riotinto.com

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Rio Tinto production summary

Rio Tinto share of production




Quarter


Half Year


% change



2008

2009

2009


2008

2009


Q2 09

Q2 09

H1 09



Q2

Q1

Q2


H1

H1


vs

vs

vs










Q2 08

Q1 09

H1 08

Principal Commodities












Alumina

('000 t)

2,265

2,186

2,139


4,485

4,325


-6%

-2%

-4%

Aluminium

('000 t)

994

948

942


1,999

1,889


-5%

-1%

-5%

Bauxite

('000 t)

8,418

6,965

7,217


17,002

14,182


-14%

4%

-17%

Borates

('000 t)

171

111

79


324

190


-54%

-29%

-41%

Coal - hard coking coal

('000 t)

2,038

1,372

1,898


3,082

3,271


-7%

38%

6%

Coal - other Australian

('000 t)

5,542

5,315

5,734


10,990

11,050


3%

8%

1%

Coal - US

('000 t)

30,947

30,882

29,087


61,578

59,968


-6%

-6%

-3%

Copper - mined

('000 t)

209.6

196.0

208.2


390.0

404.2


-1%

6%

4%

Copper - refined

('000 t)

82.8

104.3

102.0


161.1

206.3


23%

-2%

28%

Diamonds

('000 cts)

4,557

5,506

1,281


7,853

6,787


-72%

-77%

-14%

Iron ore

('000 t)

41,860

31,645

45,162


79,231

76,808


8%

43%

-3%

Titanium dioxide feedstock

('000 t)

405

324

332


761

656


-18%

2%

-14%

Uranium

('000 lbs)

3,149

3,360

3,641


6,495

7,002


16%

8%

8%

Other Metals & Minerals












Gold - mined

('000 ozs)

114

201

258


207

459


126%

28%

122%

Gold - refined

('000 ozs)

73

108

112


154

220


53%

4%

43%

Molybdenum 

('000 t)

2.2

2.0

2.5


5.7

4.5


10%

22%

-21%

Pig Iron

('000 t)

41

0

0


52

0


-

-

-

Salt

('000 t)

1,276

1,405

1,520


2,534

2,926


19%

8%

15%

Silver - mined

('000 ozs)

1,476

1,803

2,268


2,661

4,071


54%

26%

53%

Silver - refined

('000 ozs)

903

1,085

931


1,831

2,016


3%

-14%

10%

Talc

('000 t)

337

202

224


679

426


-34%

11%

-37%


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 half year figures.


  Rio Tinto share of production



Rio Tinto

2Q

3Q

4Q

1Q

2Q

1H

1H

 

interest

2008

2008

2008

2009

2009

2008

2009

ALUMINA 









Production ('000 tonnes)









Gardanne 

100%

5

11

1

-

-

26

-

Gove 

100%

589

567

615

609

613

1,143

1,222

Jonquiere 

100%

327

357

358

327

248

654

575

Queensland Alumina

80%

773

754

790

769

781

1,530

1,550

Sao Luis (Alumar) 

10%

39

35

39

38

37

77

75

Yarwun 

100%

327

269

349

313

347

675

660

Speciality alumina plants 

100%

206

193

184

130

113

381

243

Rio Tinto total alumina production


2,265

2,187

2,336

2,186

2,139

4,485

4,325

ALUMINIUM (a)









Refined production ('000 tonnes)









Australia - Bell Bay

100%

45

44

45

44

45

89

89

Australia - Boyne Island 

59%

82

83

83

81

83

164

163

Australia - Tomago 

52%

67

69

68

67

68

133

135

Cameroon - Alucam (Edea) 

47%

10

12

11

8

8

19

15

Canada - seven wholly owned 

100%

356

358

365

354

348

716

703

Canada - Alouette 

40%

57

57

58

56

57

114

113

Canada - Becancour 

25%

26

27

26

27

25

51

52

France - three wholly owned 

100%

98

97

92

84

82

200

166

Iceland - ISAL (Reykjavik

100%

46

47

48

46

47

93

94

New Zealand - Tiwai Point  

79%

65

61

55

46

48

134

94

Norway - SORAL (Husnes) 

50%

21

21

22

16

11

43

27

Oman - Sohar (b)

20%

-

2

8

16

18

-

34

UK - two wholly owned 

100%

55

55

42

36

35

111

71

UK - Anglesey

51%

16

9

16

18

18

35

36

USA - Sebree 

100%

49

50

50

48

48

98

96

Rio Tinto total aluminium production

 

994

992

990

948

942

1,999

1,889

BAUXITE









Production ('000 tonnes)









Awaso (c)

80%

128

168

177

174

109

292

283

Sangaredi 

(d)

1,363

1,452

1,520

1,374

937

2,959

2,311

Gove 

100%

1,529

1,734

1,655

1,551

1,816

2,856

3,367

Porto Trombetas 

12%

518

565

594

451

425

1,009

876

Weipa (e)

100%

4,881

4,947

5,173

3,415

3,929

9,886

7,344

Rio Tinto total bauxite production

 

8,418

8,865

9,119

6,965

7,217

17,002

14,182

  

Rio Tinto

2Q

3Q

4Q

1Q

2Q

1H

1H

 

interest

2008

2008

2008

2009

2009

2008

2009

BORATES









Production ('000 tonnes B2O3 content)









Rio Tinto Minerals - borates 

100%

171

166

121

111

79

324

190

COAL - HARD COKING









Rio Tinto Coal Australia ('000 tonnes) 









Hail Creek Coal 

82%

1,429

1,361

1,506

872

1,292

2,092

2,164

Kestrel Coal

80%

609

825

656

501

606

990

1,107

Rio Tinto total hard coking coal production

 

2,038

2,187

2,162

1,372

1,898

3,082

3,271

COAL - OTHER (f)









Rio Tinto Coal Australia ('000 tonnes) 









Bengalla 

30%

487

393

424

341

435

805

776

Blair Athol Coal 

71%

1,719

1,799

1,936

1,818

2,250

3,527

4,068

Hunter Valley Operations 

76%

2,201

1,722

2,077

2,047

2,066

4,340

4,113

Kestrel Coal

80%

197

226

209

285

121

308

406

Mount Thorley Operations

61%

284

730

340

345

385

716

730

Warkworth 

42%

653

496

750

479

478

1,294

957

Total Australian other coal


5,542

5,367

5,737

5,315

5,734

10,990

11,050

Colowyo Coal Company ('000 tonnes)









Colowyo (g)

100%

1,045

1,190

1,212

869

783

2,045

1,652

Rio Tinto Energy America ('000 tonnes)









Antelope

100%

7,951

8,374

8,191

7,277

7,800

15,909

15,077

Cordero Rojo 

100%

8,077

9,709

9,334

8,897

7,588

17,276

16,485

Decker

50%

765

785

680

575

463

1,505

1,037

Jacobs Ranch (h)

100%

9,255

10,772

10,275

9,349

8,062

17,159

17,411

Spring Creek

100%

3,855

4,311

4,347

3,915

4,392

7,684

8,307

Total US coal (including Colowyo)


30,947

35,139

34,038

30,882

29,087

61,578

59,968

Rio Tinto total other coal production

 

36,488

40,506

39,775

36,197

34,821

72,568

71,018

  

Rio Tinto

2Q

3Q

4Q

1Q

2Q

1H

1H

 

interest

2008

2008

2008

2009

2009

2008

2009

COPPER









Mine production ('000 tonnes) (i)









Bingham Canyon

100%

60.2

69.3

63.8

74.7

86.2

104.9

160.9

Escondida

30%

128.1

73.2

66.0

78.1

76.2

245.3

154.3

Grasberg - Joint Venture (j) 

40%

1.8

1.8

1.8

24.7

25.3

3.6

50.1

Northparkes 

80%

4.4

5.2

6.1

6.6

7.4

8.5

14.1

Palabora 

58%

15.1

9.9

11.4

11.8

13.1

27.8

24.9

Rio Tinto total mine production


209.6

159.4

149.1

196.0

208.2

390.0

404.2

Refined production ('000 tonnes)









Escondida 

30%

21.0

18.6

21.9

23.5

25.7

36.8

49.2

Kennecott Utah Copper

100%

49.3

40.6

58.6

68.7

65.1

101.4

133.7

Palabora 

58%

12.4

9.8

11.0

12.1

11.2

23.0

23.3

Rio Tinto total refined production

 

82.8

68.9

91.6

104.3

102.0

161.1

206.3

DIAMONDS









Production ('000 carats) 









Argyle 

100%

2,992

4,659

5,253

4,404

408

5,164

4,812

Diavik

60%

1,513

1,393

1,558

1,071

853

2,584

1,924

Murowa 

78%

52

58

43

31

20

105

51

Rio Tinto total diamond production

 

4,557

6,110

6,854

5,506

1,281

7,853

6,787

GOLD









Mine production ('000 ounces) (i)









Barneys Canyon

100%

1

1

1

1

1

3

2

Bingham Canyon

100%

91

110

100

126

159

158

285

Escondida

30%

11

9

11

11

11

23

22

Grasberg - Joint Venture (j) 

40%

-

-

-

51

73

-

124

Northparkes 

80%

6

6

6

6

6

14

12

Rawhide (k)

100%

2

2

3

4

5

4

9

Others

  -

2

2

2

3

2

5

5

Rio Tinto total mine production


114

130

123

201

258

207

459

Refined production ('000 ounces)









Kennecott Utah Copper

100%

73

77

72

108

112

154

220

  

Rio Tinto

2Q

3Q

4Q

1Q

2Q

1H

1H

 

interest

2008

2008

2008

2009

2009

2008

2009

IRON ORE & IRON 









Production ('000 tonnes) (i)









Corumbá (l)

100%

519

575

430

401

574

1,027

975

Hamersley - six wholly owned mines

100%

26,113

26,653

19,057

19,571

26,834

49,844

46,405

Hamersley - Channar 

60%

1,686

1,880

1,179

1,437

1,819

3,171

3,257

Hamersley - Eastern Range 

(m)

2,195

2,289

1,900

1,958

2,374

3,996

4,332

Hope Downs 

50%

1,732

1,536

1,662

1,707

2,748

2,270

4,455

Iron Ore Company of Canada 

59%

2,402

2,493

2,282

1,853

2,515

4,521

4,368

Robe River 

53%

7,212

6,979

5,250

4,717

8,298

14,401

13,016

Rio Tinto total mine production


41,860

42,404

31,759

31,645

45,162

79,231

76,808

Pig iron production ('000 tonnes)









HIsmelt® 

60%

41

2

32

-

-

52

-

MOLYBDENUM









Mine production ('000 tonnes)









Bingham Canyon

100%

2.2

2.9

2.0

2.0

2.5

5.7

4.5

SALT









Production ('000 tonnes)









Dampier Salt 

68%

1,276

1,879

1,722

1,405

1,520

2,534

2,926

SILVER 









Mine production ('000 ounces) (i)









Bingham Canyon

100%

855

1,011

933

1,106

1,389

1,470

2,495

Escondida

30%

507

406

442

403

416

1,001

819

Grasberg - Joint Venture (j) 

40%

-

-

220

154

303

-

457

Others

  -

115

109

120

141

159

189

300

Rio Tinto total mine production


1,476

1,526

1,715

1,803

2,268

2,661

4,071

Refined production ('000 ounces)









Kennecott Utah Copper

100%

903

743

677

1,085

931

1,831

2,016

TALC 









Production ('000 tonnes)









Rio Tinto Minerals - talc

100%

337

290

194

202

224

679

426

TITANIUM DIOXIDE FEEDSTOCK









Production ('000 tonnes)









Rio Tinto Iron & Titanium 

100%

405

394

369

324

332

761

656

  

URANIUM









Production ('000 lbs U3O8)









Energy Resources of Australia 

68%

1,643

1,905

2,492

1,883

2,180

3,654

4,063

Rössing

69%

1,505

1,601

1,707

1,477

1,461

2,841

2,938

Rio Tinto total uranium production

 

3,149

3,507

4,199

3,360

3,641

6,495

7,002


Production data notes


(a)    Following a review of the basis for reporting aluminium smelter production tonnes, the data reported now reflects hot metal production rather than saleable product tonnes.

(b)    Production at the Sohar smelter commenced in the third quarter of 2008.

(c)    Rio Tinto Alcan has an 80% interest in the Awaso mine but purchases the additional 20% of production.

(d)    Rio Tinto has a 22.95% shareholding in the Sangaredi mine but receives 45% of production under the partnership agreement. Data have been restated to reflect a moisture content adjustment.

(e)    Includes beneficiated and calcined bauxite production.

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

(g)    During 2008, Rio Tinto acquired a 100% interest in the Colowyo mine, having previously held a partnership interest. All of Colowyo's production was already included in Rio Tinto's share of production. Since Colowyo is subsequently no longer part of Rio Tinto Energy America, it is reported separately.

(h)    In March 2009, Rio Tinto announced the conditional sale of its 100% interest in the Jacobs Ranch mine.

(i)    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 on-site, except for the data for iron ore which represent production of saleable quantities of ore plus pellets.

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

(k)    On the 28 October 2008, Rio Tinto increased its shareholding in the Rawhide Joint Venture from 51% to 100%. The previous Joint Venture shareholder continued to be entitled to 49% of production until 31 December 2008; since then Rio Tinto has been entitled to 100%.

(l)    In January 2009, Rio Tinto announced the conditional sale of its 100% interest in the Corumbá mine.

(m)    Rio Tinto's share of production includes 100% of the production from the Eastern Range mine. Under the terms of the joint venture agreement, Hamersley Iron manages the operation and is obliged to purchase all mine production from the joint venture.Following a review of the basis for reporting aluminium smelter production tonnes, the data reported now reflects hot metal production rather than saleable product tonnes.


The Rio Tinto percentage interest shown above is at 30 June 2009.


Where Rio Tinto's beneficial interest in an operation has changed, as footnoted above, the share of production has been calculated using the weighted average interest over the relevant periods. Rio Tinto's interests in Tarong Coal, Greens Creek and Cortez/Pipeline were sold during 2008 and its interest in the Ningxia aluminium smelter was sold in early 2009. No data for these operations are included in the Share of Production table.
  Rio Tinto operational data



Rio Tinto


2Q

3Q

4Q

1Q

2Q

1H

1H

 

interest

 

2008

2008

2008

2009

2009

2008

2009

ALUMINIUM










Rio Tinto Alcan 










Bauxite Mines










Bauxite production ('000 tonnes) 










Australia










Gove mine -  Northern Territory

100.0%


1,529

1,734

1,655

1,551

1,816

2,856

3,367

Weipa mine - Queensland

100.0%


4,881

4,947

5,173

3,415

3,929

9,886

7,344

Brazil










Porto Trombetas (MRN) mine

12.0%


4,314

4,706

4,950

3,756

3,544

8,407

7,300

Ghana










Awaso mine (a)

80.0%


160

209

221

217

136

365

354

Guinea










Sangaredi mine (b)

23.0%


3,028

3,227

3,377

3,053

2,083

6,576

5,136











Rio Tinto Alcan share of bauxite shipments









Share of bauxite shipments ('000 tonnes)


8,515 

9,125

9,092

7,292

7,337

16,686

14,628


(a)     Rio Tinto Alcan has an 80% interest in the Awaso mine but purchases the additional 20% of production.

(b)     Rio Tinto has a 22.95% shareholding in the Sangaredi mine but receives 45% of production under the partnership agreement. Data have been restated to reflect a moisture content adjustment.


Smelter-Grade Alumina Refineries










Alumina production ('000 tonnes) 










Australia










Gove refinery - Northern Territory 

100.0%


589

567

615

609

613

1,143

1,222

Queensland Alumina Refinery - Queensland

80.0%


967

943

987

961

977

1,912

1,938

Yarwun refinery - Queensland 

100.0%


327

269

349

313

347

675

660

Brazil










Sao Luis (Alumar) refinery

10.0%


387

347

391

383

370

766

753

Canada










Jonquiere refinery - Quebec

100.0%


327

357

358

327

248

654

575

France










Gardanne refinery 

100.0%


5

11

1

-

-

26

-



Rio Tinto percentage interest shown above is at 30 June 2009. The data represent full production and sales on a 100% basis unless otherwise stated.

  


Rio Tinto


2Q

3Q

4Q

1Q

2Q

1H

1H

 

interest

 

2008

2008

2008

2009

2009

2008

2009

ALUMINIUM (continued)


 








Specialty Alumina Plants










Speciality alumina production ('000 tonnes) 









Canada










Brockville plant - Quebec 

100.0%


4

4

4

4

4

8

9

Jonquiere plant - Quebec 

100.0%


32

30

28

26

29

63

55

France










Beyrede 

100.0%


7

7

5

3

2

14

5

Gardanne plant  

100.0%


149

137

132

88

70

265

158

La Bathie plant  

100.0%


8

8

7

4

3

17

8

Germany










Teutschenthal plant 

100.0%


5

7

7

4

4

13

8

Aluminium Smelters










Primary aluminium production ('000 tonnes)









Australia










Bell Bay smelter - Tasmania

100.0%


45

44

45

44

45

89

89

Boyne Island smelter - Queensland

59.4%


138

140

140

136

139

276

275

Tomago smelter - New South Wales 

51.6%


131

133

132

130

132

258

262

Cameroon










Alucam (Edea) smelter 

46.7%


21

25

25

17

16

42

33

Canada










Alma smelter - Quebec 

100.0%


104

104

109

108

108

211

216

Alouette (Sept-Iles) smelter - Quebec 

40.0%


142

143

145

140

143

284

284

Arvida smelter - Quebec 

100.0%


43

43

44

41

43

85

84

Beauharnois, smelter - Quebec 

100.0%


12

12

13

9

2

25

11

Becancour smelter - Quebec 

25.1%


103

106

105

107

101

203

208

Grande-Baie smelter - Quebec 

100.0%


53

53

54

53

53

105

106

Kitimat smelter - British Colombia 

100.0%


61

61

62

60

59

124

119

Laterriere smelter - Quebec 

100.0%


58

59

59

58

59

116

117

Shawinigan smelter - Quebec 

100.0%


25

25

26

25

25

49

50

China










Ningxia (Qingtongxia) smelter (a)

0.0%


40

41

41

10

-

81

10

France










Dunkerque smelter 

100.0%


65

64

63

57

57

127

114

Lannemezan smelter 

100.0%


-

-

-

-

-

5

-

St-Jean-de Maurienne smelter 

100.0%


33

33

29

28

25

67

52



Rio Tinto percentage interest shown above is at 30 June 2009. The data represent full production and sales on a 100% basis unless otherwise stated.



  


Rio Tinto


2Q

3Q

4Q

1Q

2Q

1H

1H

 

interest

 

2008

2008

2008

2009

2009

2008

2009

ALUMINIUM (continued)


 








Iceland










ISAL (Reykjavik) smelter 

100.0%


46

47

48

46

47

93

94

New Zealand










Tiwai Point smelter

79.4%


82

77

69

58

61

169

119

Norway










SORAL (Husnes) smelter 

50.0%


42

43

43

32

21

85

54

Oman










Sohar smelter (b)

20.0%


-

8

41

79

90

-

169

United Kingdom










Anglesey Aluminium smelter

51.0%


32

18

32

35

35

68

70

Lochaber smelter 

100.0%


11

11

10

9

9

22

19

Lynemouth smelter 

100.0%


44

44

31

26

26

89

52

United States










Sebree smelter - Kentucky

100.0%


49

50

50

48

48

98

96

Rio Tinto Alcan share of metal sales










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



1,320

1,253

1,288

1,167

1,243

2,593

2,410


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

(b)    Production at the Sohar smelter commenced in the third quarter of 2008.

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



Rio Tinto percentage interest shown above is at 30 June 2009. The data represent full production and sales on a 100% basis unless otherwise stated.

  


Rio Tinto


2Q

3Q

4Q

1Q

2Q

1H

1H

 

interest

 

2008

2008

2008

2009

2009

2008

2009

BORATES










Rio Tinto Minerals - borates

100.0%









California, US and Argentina










Borates ('000 tonnes) (a)



171

166

121

111

79

324

190


(a)    Production is expressed as B2O3 content.


COAL 










Colowyo Coal Company










Colowyo mine (a)

100.0%









Colorado, US










Thermal coal production ('000 tonnes)



1,045

1,190

1,212

869

783

2,045

1,652


(a)     During 2008, Rio Tinto acquired a 100% interest in the Colowyo mine, having previously held a partnership interest. All of Colowyo's production was already included in Rio Tinto's share of production. Since Colowyo is subsequently no longer part of Rio Tinto Energy America, it is reported separately.


Rio Tinto Coal Australia










Bengalla mine 

30.3%









New South WalesAustralia










Thermal coal production ('000 tonnes)



1,607

1,296

1,402

1,126

1,438

2,659

2,564

Blair Athol Coal mine

71.2%









QueenslandAustralia










Thermal coal production ('000 tonnes)



2,413

2,525

2,718

2,552

3,158

4,951

5,710

Hail Creek Coal mine 

82.0%








 

QueenslandAustralia









 

Hard coking coal production ('000 tonnes)


1,743  

1,660

1,837

1,063

1,576

2,551

2,639

Hunter Valley Operations 

75.7%








 

New South WalesAustralia









 

Thermal coal production ('000 tonnes)



1,830

1,645

2,268

2,212

2,383

3,972

4,595

Semi-soft coking coal production ('000 tonnes)


1,078

629

476

492

346

1,760

838

Kestrel Coal mine (a)

80.0%









QueenslandAustralia









 

Thermal coal production ('000 tonnes)



247

283

262

356

151

385

507

Hard coking coal production ('000 tonnes)


762

1,032

820

626

758

1,237

1,384



Rio Tinto percentage interest shown above is at 30 June 2009. The data represent full production and sales on a 100% basis unless otherwise stated.

  


Rio Tinto


2Q

3Q

4Q

1Q

2Q

1H

1H

 

interest

 

2008

2008

2008

2009

2009

2008

2009

COAL (continued)










Mount Thorley Operations 

60.6%









New South WalesAustralia










Thermal coal production ('000 tonnes)



428

919

53

513

478

809

991

Semi-soft coking coal production ('000 tonnes)


41

287

508

57

157

373

211

Tarong Coal mine (b)

0.0%









QueenslandAustralia










Thermal coal production ('000 tonnes)



-

-

-

-

-

262

 -

Warkworth mine 

42.1%









New South WalesAustralia










Thermal coal production ('000 tonnes)



1,507

965

1,658

1,064

918

3,030

1,982

Semi-soft coking coal production ('000 tonnes)


46 

215

125

75

217

46

292











Total hard coking coal production ('000 tonnes)


2,504

2,692

2,657

1,689

2,334

3,788

4,023

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


2,133

2,618

3,006

2,186

2,551

3,378

4,738

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


9,196

8,765

9,468

8,447

9,246

18,248

17,693

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


8,888

9,173

9,347

7,376

9,323

18,347

16,700











Total coal production ('000 tonnes)


11,700

11,457

12,125

10,136

11,580

22,036

21,716

Total coal sales ('000 tonnes)


11,021

11,792

12,353

9,562

11,875

21,725

21,437










Rio Tinto Coal Australia share









Share of hard coking coal sales ('000 tonnes)


1,740

2,129

2,440

1,773

2,072

2,755

3,846

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


5,459

5,630

5,598

4,603

5,742

11,453

10,345


(a)     Some Kestrel thermal coal is blended with and sold as coking coal.

(b)     Rio Tinto sold its 100% share in Tarong with an effective date of 31 January 2008 and production data are shown up to that date.

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

(d)     Other coal sales includes thermal coal, semi-soft coking coal and semi-hard coking coal (a mixture of thermal coal and coking coal).

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


Rio Tinto percentage interest shown above is at 30 June 2009. The data represent full production and sales on a 100% basis unless otherwise stated.

  


Rio Tinto


2Q

3Q

4Q

1Q

2Q

1H

1H

 

interest

 

2008

2008

2008

2009

2009

2008

2009

COAL (continued)










Rio Tinto Energy America










Antelope mine

100.0%









Wyoming, US










Thermal coal production ('000 tonnes)



7,951

8,374

8,191

7,277

7,800

15,909

15,077

Cordero Rojo mine 

100.0%









Wyoming, US










Thermal coal production ('000 tonnes)



8,077

9,709

9,334

8,897

7,588

17,276

16,485

Decker mine 

50.0%









Montana, US










Thermal coal production ('000 tonnes)



1,530

1,570

1,360

1,149

925

3,010

2,074

Jacobs Ranch mine (a)

100.0%









Wyoming, US










Thermal coal production ('000 tonnes)



9,255

10,772

10,275

9,349

8,062

17,159

17,411

Spring Creek mine

100.0%









Montana, US










Thermal coal production ('000 tonnes)



3,855

4,311

4,347

3,915

4,392

7,684

8,307











Total coal production ('000 tonnes)



30,667

34,735

33,506

30,587

28,767

61,038

59,354

Total coal sales ('000 tonnes) (b)



30,245

34,716

33,524

31,287

28,738

60,632

60,025


(a)    In March 2009, Rio Tinto announced the conditional sale of its 100% interest in the Jacobs Ranch mine.

(b)    Total coal production and sales have been restated to exclude Colwyo which is now reported separately.


Rio Tinto percentage interest shown above is at 30 June 2009. The data represent full production and sales on a 100% basis unless otherwise stated.


  


Rio Tinto


2Q

3Q

4Q

1Q

2Q

1H

1H

 

interest

 

2008

2008

2008

2009

2009

2008

2009

COPPER & GOLD










Escondida

30.0%









Chile










Sulphide ore to concentrator ('000 tonnes)


24,491

20,416

22,516

21,381

19,898

46,520

41,279

Average copper grade (%)



1.55

1.32

1.04

0.92

1.21

1.56

1.06  

Mill production (metals in concentrates):










Contained copper ('000 tonnes)



312.7

208.6

186.3

156.4

199.6

597.5

356.0  

Contained gold ('000 ounces)



38

31

36

35

37

77

72  

Contained silver ('000 ounces)



1,691

1,355

1,474

1,345

1,387

3,338

2,731  

Contained copper in leachate/mined material 
('000 tonnes)


114

35

34

104

54

220

158

Refined production from leach plants:









Copper cathode production ('000 tonnes)

 

70

62

73

78

86

123

164

Freeport-McMoRan Copper & Gold

0.0%


(40.0% of the expansion)





Grasberg mine (a)










PapuaIndonesia










Ore treated ('000 tonnes)



16,683

17,755

19,794

21,364

21,124

33,047

42,488

Average mill head grades:










Copper (%)



0.75

0.82

1.01

1.12

0.94

0.73

1.03

Gold (g/t)



0.54

0.61

0.85

1.13

1.23

0.57

1.18

Silver (g/t)



3.24

3.14

3.17

3.63

3.17

3.26

3.40

Production of metals in concentrates:










Copper in concentrates ('000 tonnes)



111.1

128.9

180.6

214.5

180.1

211.8

394.6

Gold in concentrates ('000 ounces)



228

272

445

638

685

481

1,323

Silver in concentrates ('000 ounces)



1,024

1,102

1,602

2,012

1,252

2,003

3,265

Sales of payable metals in concentrates: (b)









Copper in concentrates ('000 tonnes)



110.3

128.1

172.2

189.0

186.7

211.4

375.6

Gold in concentrates ('000 ounces)



235

271

425

565

692

489

1,257

Silver in concentrates ('000 ounces)



819

873

1,218

1,425

1,059

1,603

2,484



(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 2Q 2009 results are not actuals but are forecasts from FCX's most recent five-year plan and the 1H 2009 results include the 1Q 2009 actuals and 2Q 2009 forecasts. FCX is not releasing its actual 100% operating data for 2Q 2009 until the release of its 2009 second-quarter and six-month results on 21 July 2009.

(b)     Net of smelter deductions.

Rio Tinto percentage interest shown above is at 30 June 2009. The data represent full production and sales on a 100% basis unless otherwise stated.

  


Rio Tinto


2Q

3Q

4Q

1Q

2Q

1H

1H

 

interest

 

2008

2008

2008

2009

2009

2008

2009

COPPER & GOLD (continued)










Kennecott Minerals Company










Cortez/Pipeline mine (a)

0.0%









Nevada, US










Ore treated










Milled ('000 tonnes)



-

-

-

-

-

491

-

Leached ('000 tonnes)



-

-

-

-

-

1,839

-

Average ore grade: gold



-

-

-

-

-

-

-

Milled (g/t)



-

-

-

-

-

3.40


Leached (g/t)



-

-

-

-

-

0.50

-

Gold produced ('000 ounces)



-

-

-

-

-

72

-

Greens Creek mine (a)

0.0%









Alaska, US










Ore treated ('000 tonnes)



18

-

-

-

-

171

-

Average ore grades:










Gold (g/t)



4.38

-

-

-

-

5.11

-

Silver (g/t)



374

-

-

-

-

456

-

Zinc (%)



10.2

-

-

-

-

10.3

-

Lead (%)



3.7

-

-

-

-

3.7

-

Metals produced in concentrates:










Gold ('000 ounces)



1

-

-

-

-

18

-

Silver ('000 ounces)



147

-

-

-

-

1,815

-

Zinc ('000 tonnes)



1.6

-

-

-

-

13.9

-

Lead ('000 tonnes)



0.6

-

-

-

-

4.6

-

Rawhide mine (b) (c)

100.0%









Nevada, US










Metals produced in doré:










Gold ('000 ounces)



4

5

5

4

5

8

9

Silver ('000 ounces)



36

40

48

35

54

62

89


(a)     On 5 March 2008 (effective end of February) Rio Tinto completed the sale of its interest in the Cortez joint venture to its partner and on 16 April 2008 Rio Tinto completed the sale of its interest in the Greens Creek joint venture to its partner. Production data for these mines are shown up to those dates.  

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

(c)     On the 28 October 2008, Rio Tinto increased its shareholding in the Rawhide Joint Venture from 51% to 100% The previous Joint Venture shareholder continued to be entitled to 49% of production until 31 December 2008; since then Rio Tinto has been entitled to 100%.


Rio Tinto percentage interest shown above is at 30 June 2009. The data represent full production and sales on a 100% basis unless otherwise stated.

  


Rio Tinto


2Q

3Q

4Q

1Q

2Q

1H

1H

 

interest

 

2008

2008

2008

2009

2009

2008

2009

COPPER & GOLD (continued)










Kennecott Utah Copper










Barneys Canyon mine (a)

100.0%









Utah, US










Gold produced ('000 ounces)



1

1

1

1

1

3

2

Bingham Canyon mine

100.0%









Utah, US










Ore treated ('000 tonnes)



12,918

13,228

12,121

12,281

13,749

23,785

26,030

Average ore grade:










Copper (%)



0.57

0.62

0.65

0.69

0.69

0.53

0.69

Gold (g/t)



0.34

0.37

0.39

0.44

0.52

0.32

0.48

Silver (g/t)



2.94

3.14

3.32

3.37

3.96

2.71

3.68

Molybdenum (%)



0.045

0.043

0.028

0.031

0.036

0.047

0.034

Copper concentrates produced ('000 tonnes)


225

262

250

256

290

418

547

Average concentrate grade (% Cu)


26.6

26.4

25.4

29.0

29.7

25.0

29.4

Production of metals in copper concentrates:









Copper ('000 tonnes) (b)



60.2

69.3

63.8

74.7

86.2

104.9

160.9

Gold ('000 ounces)



91

110

100

126

159

158

285

Silver ('000 ounces)



855

1,011

933

1,106

1,389

1,470

2,495

Molybdenum concentrates produced 
('000 tonnes):


4.0

5.4

3.7

3.8

4.7

10.3

8.5

Molybdenum in concentrates ('000 tonnes) 


2.2

2.9

2.0

2.0

2.5

5.7

4.5

Kennecott smelter & refinery

100.0%









Copper concentrates smelted ('000 tonnes)


208

216

280

288

305

445

593

Copper anodes produced ('000 tonnes) (c)


47.9

39.9

67.6

73.0

67.5

97.6

140.4

Production of refined metal:










Copper ('000 tonnes)



49.3

40.6

58.6

68.7

65.1

101.4

133.7

Gold ('000 ounces) (d) 



73

77

72

108

112

154

220

Silver ('000 ounces) (d) 



903

743

677

1,085

931

1,831

2,016


(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.

(c)     New metal excluding recycled material.

(d)     Includes gold and silver in intermediate products.


Rio Tinto percentage interest shown above is at 30 June 2009. The data represent full production and sales on a 100% basis unless otherwise stated.


  


Rio Tinto


2Q

3Q

4Q

1Q

2Q

1H

1H

 

interest

 

2008

2008

2008

2009

2009

2008

2009

COPPER & GOLD (continued)










Northparkes Joint Venture

80.0%









New South WalesAustralia










Ore treated ('000 tonnes)


1,330  

1,343

1,337

1,367

1,422

2,564

2,789

Average ore grades:









Copper (%)



0.49

0.55

0.63

0.68

0.75

0.49

0.71

Gold (g/t)



0.25

0.23

0.23

0.23

0.24

0.30

0.24

Copper concentrates produced ('000 tonnes)


18.4

19.9

22.0

23.5

27.0

34.5

50.5

Contained copper in concentrates:









Saleable production ('000 tonnes)



5.5

6.6

7.6

8.3

9.3

10.7

17.6

Sales ('000 tonnes) (a)



3.3

7.2

6.9

2.9

7.8

6.0

10.7

Contained gold in concentrates:









Saleable production ('000 ounces)



7.7

7.4

7.2

7.1

7.9

17.7

14.9

Sales ('000 ounces) (a)



8.5

9.8

8.2

2.5

5.9

14.5

8.3


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


Palabora

57.7%









Palabora mine










South Africa










Ore treated ('000 tonnes)


3,027  

3,096

3,150

2,789

2,940

6,208

5,729

Average ore grade: copper (%)


0.71  

0.66

0.67

0.68

0.68

0.71

0.68

Copper concentrates produced ('000 tonnes)


89.4  

56.5

66.7

67.1

76.1

163.3

143.2

Average concentrate grade: copper (%)


29.2  

30.3

29.6

30.5

29.9

29.5

30.2

Copper in concentrates ('000 tonnes)


26.1  

17.1

19.7

20.5

22.7

48.2

43.2

Palabora smelter/refinery










New concentrate smelted on site ('000 tonnes)


72.3  

52.5

70.0

72.8

68.0

138.8

140.8

New copper anodes produced ('000 tonnes)


22.3  

14.9

20.7

20.2

18.9

40.4

39.1

Refined new copper produced ('000 tonnes)


21.6  

17.0

19.1

21.0

19.5

39.8

40.5

By-products:










Magnetite concentrate ('000 tonnes)


475  

562

469

772

617

921

1,389

Nickel contained in products (tonnes) (a)


26  

13

19

21

33

68

54

Vermiculite plant










Vermiculite produced ('000 tonnes)


50  

50

49

52

46

100

98


(a)    Nickel production is now reported as contained nickel in product.


Rio Tinto percentage interest shown above is at 30 June 2009. The data represent full production and sales on a 100% basis unless otherwise stated.


  


Rio Tinto


2Q

3Q

4Q

1Q

2Q

1H

1H

 

interest

 

2008

2008

2008

2009

2009

2008

2009

DIAMONDS










Argyle Diamonds 

100.0%









Western Australia










AK1 ore processed ('000 tonnes)



1,794

1,660

1,806

881

315

3,343

1,196

AK1 diamonds produced ('000 carats) 

 

 

2,992

4,659

5,253

4,404

408

5,164

4,812

Diavik Diamonds

60.0%









Northwest TerritoriesCanada










Ore processed ('000 tonnes)



716

691

570

427

382

1,153

809

Diamonds recovered ('000 carats)

 

 

2,522

2,321

2,597

1,785

1,421

4,307

3,206

Murowa Diamonds 

77.8%









Zimbabwe










Ore processed ('000 tonnes)



92

103

100

84

78

180

162

Diamonds recovered ('000 carats)

 

 

67

75

55

40

26

135

66

IRON ORE & IRON










Rio Tinto Iron Ore 










Pilbara Operations










Western Australia










Saleable iron ore production ('000 tonnes):










Hamersley - Paraburdoo, Mount Tom Price, Marandoo, Yandicoogina, Brockman and Nammuldi

100.0%


26,113

26,653

19,057

19,571

26,834

49,844

46,405

Hamersley - Channar 

60.0%


2,810

3,133

1,965

2,395

3,032

5,284

5,428

Hamersley - Eastern Range 

(a)


2,195

2,289

1,900

1,958

2,374

3,996

4,332

Hope Downs

50.0%


3,465

3,072

3,323

3,414

5,495

4,541

8,910

Robe River - Pannawonica

53.0%


6,680

7,102

4,456

3,572

7,426

13,491

10,998

Robe River - West Angelas

53.0%


6,928

6,067

5,449

5,329

8,231

13,682

13,559

Total production ('000 tonnes)



48,191

48,316

36,150

36,240

53,393

90,838

89,633











Total sales ('000 tonnes) (b) 



46,033

48,715

33,641

39,343

52,479

89,116

91,822


(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.


Rio Tinto percentage interest shown above is at 30 June 2009. The data represent full production and sales on a 100% basis unless otherwise stated.


  


Rio Tinto


2Q

3Q

4Q

1Q

2Q

1H

1H

 

interest

 

2008

2008

2008

2009

2009

2008

2009

IRON ORE & IRON (continued)










Iron Ore Company of Canada

58.7%









Newfoundland & Labrador and Quebec in Canada 










Saleable iron ore production:










Concentrates ('000 tonnes)



939  

1,017  

877  

1,459  

2,396  

1,299  

3,855  

Pellets ('000 tonnes)



3,151  

3,228  

3,009  

1,697  

1,887  

6,400  

3,584  

Sales:







 


 

Concentrate ('000 tonnes)



563  

1,147  

787  

919  

1,832  

825  

2,751  

Pellets ('000 tonnes)

 

 

4,018  

3,294  

2,443  

1,210  

2,407  

6,565  

3,617  

Rio Tinto Brasil 










Corumbá mine (a)

100.0%









Mato Grosso do Sul, Brazil










Saleable iron ore production ('000 tonnes) (b)


519  

575  

430  

401  

574  

1,027  

975  

Sales ('000 tonnes) 



462  

699  

278  

138  

140  

832  

278  


(a)     In January 2009, Rio Tinto announced the conditional sale of its 100% interest in the Corumbá mine.

(b)     Production includes by-product fines.

HIsmelt®

60.0%









Western Australia










Pig iron production ('000 tonnes) (a)

 

 

69

4

54

-

-

87

-


(a)     In March 2009, Rio Tinto announced that Hismelt would be placed on a 12 month care and maintenance programme.

SALT










Dampier Salt 

68.4%









Western Australia










Salt production ('000 tonnes)

 

 

1,867

2,748

2,519

2,056

2,224

3,707

4,280

TALC










Rio Tinto Minerals - talc

100.0%









Australia, Europe, and North America










Talc production ('000 tonnes)

 

 

337

290

194

202

224

679

426



Rio Tinto percentage interest shown above is at 30 June 2009. The data represent full production and sales on a 100% basis unless otherwise stated.

  


Rio Tinto


2Q

3Q

4Q

1Q

2Q

1H

1H

 

interest

 

2008

2008

2008

2009

2009

2008

2009

TITANIUM DIOXIDE FEEDSTOCK










Rio Tinto Iron & Titanium

100.0%









Canada and South Africa (a)










(Rio Tinto share)










Titanium dioxide feedstock production ('000 tonnes)

 

 

405

394

369

324

332

761

656


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


URANIUM










Energy Resources of Australia Ltd










Ranger mine

68.4%









Northern TerritoryAustralia










Production ('000 lbs U3O8)

 

 

2,403

2,786

3,644

2,754

3,188

5,343

5,942

Rössing Uranium Ltd

68.6%









Namibia










Production ('000 lbs U3O8)

 

 

2,195

2,335

2,489

2,154

2,130

4,142

4,285



Rio Tinto percentage interest shown above is at 30 June 2009. The data represent full production and sales on a 100% basis unless otherwise stated.








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