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Rio Tinto Releases First Quarter Production Results

20 Apr 2021  |  08:36:00  |  Associate analysts  |  Increase  |  Decrease  |  

Original announcement: Rio Tinto releases first quarter production results

Rio Tinto released first quarter production results. It reported Pilbara iron ore shipments of 77.8Mt were 7% higher than the first quarter of 2020. Production of 76.4Mt (100% basis) was 2% lower, driven by above average wet weather in the mines through February and fixed plant reliability. The Aluminium production of 0.8Mt was 3% higher than the first quarter of 2020, with the Becancour smelter, Quebec operating at full capacity and Kitimat, British Columbia nearing the end of its pot relining cycle. Titanium dioxide slag production of 279000t was 5% lower than 2020 due to a planned furnace rebuild at the Rio Tinto Fer et Titane (RTFT) metallurgical complex in Quebec resulting in operation of 8 out of 9 furnaces.

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