Rio Tinto: -1% aluminium production at Pilbara in Q4
(CercleFinance.com) - In its Q4 trading update, Rio Tinto reports that iron ore production at its major Pilbara region in Western Australia fell by 1% year-on-year to 86.
5 million tonnes, while iron ore shipments also declined by 1% to 85.7 million tonnes.
Amongst its other main raw materials, Aluminium production fell by 1%, as did iron ore granules and concentrates (-6%) and titanium dioxide production (-14%).
Bauxite production, on the other hand, rose by 2%, as did copper ore production (+26%)
Our operating performance in 2024 was satisfactory, reflecting our ongoing commitment to strengthening the business while executing our profitable growth strategy, Rio Tinto CEO Jakob Stausholm said.
We are making strong progress in the organic growth of our major projects. The Oyu Tolgoi underground copper mine in Mongolia continues to ramp up successfully, while the high-quality Simandou iron ore project in Guinea and our Western Range mine in the Pilbara remain on schedule for first production this year, he added.
Copyright (c) 2025 CercleFinance.com. All rights reserved.
5 million tonnes, while iron ore shipments also declined by 1% to 85.7 million tonnes.
Amongst its other main raw materials, Aluminium production fell by 1%, as did iron ore granules and concentrates (-6%) and titanium dioxide production (-14%).
Bauxite production, on the other hand, rose by 2%, as did copper ore production (+26%)
Our operating performance in 2024 was satisfactory, reflecting our ongoing commitment to strengthening the business while executing our profitable growth strategy, Rio Tinto CEO Jakob Stausholm said.
We are making strong progress in the organic growth of our major projects. The Oyu Tolgoi underground copper mine in Mongolia continues to ramp up successfully, while the high-quality Simandou iron ore project in Guinea and our Western Range mine in the Pilbara remain on schedule for first production this year, he added.
Copyright (c) 2025 CercleFinance.com. All rights reserved.