News: RIO Rio Tinto Posts Qtrly Pilbara Iron Ore Shipments (100 Pct Basis) Of 81.9 Mt

Oct 16 (Reuters) - Rio Tinto Ltd (RIO) :

• QTRLY PILBARA IRON ORE PRODUCTION (100 PERCENT BASIS) 82.5 MT VERSUS 85.0 MT A YEAR AGO
• QTRLY PILBARA IRON ORE SHIPMENTS (100 PERCENT BASIS) 81.9 MT VERSUS 85.8 MT A YEAR AGO
• QTRLY MINED COPPER PRODUCTION 159.7 KT VERSUS 120.6 KT A YEAR AGO
• QTRLY ALUMINIUM PRODUCTION 880 KT VERSUS 887 KT A YEAR AGO
• EXPECTED SHARE OF MINED COPPER PRODUCTION FOR 2018 EXPECTED TO BE AT UPPER END OF PREVIOUSLY PUBLISHED RANGE
• EXPECTED SHARE OF BAUXITE PRODUCTION IN 2018 HAS BEEN REVISED TO UPPER END OF PREVIOUS GUIDANCE RANGE AT BETWEEN 50 AND 51 MILLION TONNES
• FY18 ALUMINIUM GUIDANCE IS REVISED TO BETWEEN 3.4 AND 3.5 MILLION TONNES (PREVIOUSLY 3.5 TO 3.7 MILLION TONNES),
• PILBARA SHIPMENTS IN 2018 EXPECTED TO BE AT UPPER END OF EXISTING GUIDANCE RANGE (330 TO 340 MILLION TONNES, 100 PER CENT BASIS).
• HIGHER THERMAL COAL PRICES ARE EXPECTED TO HAVE A $100 MILLION NEGATIVE IMPACT IN 2018 FOR THE PACIFIC ALUMINIUM SMELTERS.