Jan 16 (Reuters) - Rio Tinto Ltd (RIO) :
- QTRLY PILBARA IRON ORE SHIPMENTS (100% BASIS) 86.3 MT VERSUS 87.3 MT REPORTED LAST YEAR
- QTRLY ALUMINIUM PRODUCTION 846 KT VERSUS 783 KT REPORTED LAST YEAR
- QTRLY PILBARA IRON ORE PRODUCTION (100% BASIS) 87.5 MT VERSUS 89.5 MT REPORTED LAST YEAR
- QTRLY MINED COPPER PRODUCTION 160 KT VERSUS 131 KT REPORTED LAST YEAR
- QTRLY BAUXITE PRODUCTION 15.1 MT VERSUS 13.2 MT REPORTED LAST YEAR
- 2024 PRODUCTION GUIDANCE IS UNCHANGED SINCE DECEMBER 2023.
- EXPECTATIONS FOR PILBARA IRON ORE SHIPMENTS IN 2024 REMAIN AT 323 TO 338 MILLION TONNES
- EXPECT TO BE IN UPPER HALF OF 2023 COPPER C1 UNIT COSTS GUIDANCE RANGE OF 180 TO 200 US CENTS/LB
- THERE IS GOOD DEMAND FOR MATERIALS WE PRODUCE
- GUIDANCE FOR 2023 PILBARA IRON ORE UNIT CASH COSTS IS UNCHANGED
- COMMODITY PRICES FOUND SOME SUPPORT DURING QUARTER
- CONTINUE TO SEE STRONG PERFORMANCE FROM UNDERGROUND MINE FOR OYU TOLGOI
- WELL POSITIONED TO DELIVER OUR 2024 PRIORITIES, INCLUDING A FURTHER 5 MILLION TONNE UPLIFT AT OUR PILBARA OPERATIONS
- SEES 2024 PRODUCTION OF MINED COPPER 660 TO 720 KT
- SEES 2024 PRODUCTION OF BAUXITE 53 TO 56 MT
- OPERATION EXPECTED TO RAMP UP TO DELIVER AVERAGE MINED COPPER PRODUCTION OF 500KTPA (100% BASIS) BETWEEN 2028 AND 2036 FOR OYU TOLGOI
- SEES 2024 PRODUCTION OF ALUMINA 7.6 TO 7.9 MT
- CONSTRUCTION OF OUR WESTERN RANGE MINE IS CURRENTLY ON SCHEDULE
- PRODUCTION FROM NORTH RIM SKARN AT KENNECOTT IS NOW FORECAST TO COMMENCE IN Q1 OF 2025
- AT KENNECOTT, PROGRESS ON NORTH RIM SKARN (NRS) UNDERGROUND DEVELOPMENT AND INFRASTRUCTURE WAS IMPACTED BY A GROUND FALL EVENT
- AT KENNECOTT, FULL UNDERGROUND ACTIVITIES HAVE RESUMED, HOWEVER, PRODUCTION FROM NRS IS NOW FORECAST TO COMMENCE IN Q1 OF 2025
- CONTINUE TO BELIEVE THAT JADAR LITHIUM-BORATE PROJECT IN SERBIA HAS POTENTIAL TO BE A WORLD- CLASS ASSET
- AT RINCON LITHIUM PROJECT IN ARGENTINA, DEVELOPMENT OF THREE THOUSAND TONNE PER ANNUM LITHIUM CARBONATE STARTER PLANT IS ONGOING
News: RIO Rio Tinto Posts Qtrly Pilbara Iron Ore Shipments (100% Basis) 86.3 MT
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$117.96 |
Change
1.240(1.06%) |
Mkt cap ! $43.77B | |||
| Open | High | Low | Value | Volume |
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