Form 6-K RIO TINTO PLC For: Jul 16
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UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, DC 20549
FORM 6-K
REPORT OF FOREIGN PRIVATE ISSUER
PURSUANT TO RULE 13A-16 OR 15D-16 OF
THE SECURITIES EXCHANGE ACT OF 1934
16 July 2015
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Commission file number: 001-10533 |
Commission file number: 001-34121 |
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Rio Tinto plc |
Rio Tinto Limited |
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ABN 96 004 458 404 |
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(Translation of registrant’s name into English) |
(Translation of registrant’s name into English) |
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6 St James’s Square |
Level 33, 120 Collins Street |
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London, SW1Y 4AD, United Kingdom |
Melbourne, Victoria 3000, Australia |
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(Address of principal executive offices) |
(Address of principal executive offices) |
Indicate by check mark whether
the registrant files or will file annual reports under cover of
Form 20-F or
Form 40-F:
Form 20-F _X_ Form 40-F ___
Indicate by check mark if the
registrant is submitting the Form 6-K in paper as permitted by
Regulation S-T
Rule 101(b)(1): ___
Indicate by check mark if the
registrant is submitting the Form 6-K in paper as permitted by
Regulation S-T
Rule 101(b)(7): ___
Indicate by check mark whether by furnishing the information contained in this Form, the registrant is also thereby furnishing the information to the Commission pursuant to
Rule 12g3-2(b) under the Securities Exchange Act of 1934.
Yes ___ No _X_
If "Yes" is marked, indicate below the file number assigned to the registrant in connection
with Rule 12g3-2(b): 82- ________
EXHIBITS
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99.1 |
16 July 2015 |
Second quarter 2015 operations review |
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SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrants have duly caused this report to be signed on their behalf by the undersigned, thereunto duly authorised.
| Rio Tinto plc |
Rio Tinto Limited |
| (Registrant) |
(Registrant) |
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| By /s/ Eleanor Evans | |
| Name Eleanor Evans |
Name Eleanor Evans |
| Title Company Secretary |
Title Joint Company Secretary |
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| Date 16 July 2015 |
16 July 2015 |
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Second quarter operations review |
Rio Tinto releases strong second quarter production results
16 July 2015
Rio Tinto chief executive Sam Walsh said “We have maintained our emphasis on efficiency and protecting returns, which is reflected in this solid production performance. We have also delivered three significant achievements within our growth portfolio. In aluminium, our Kitimat smelter is now producing metal from its expanded facilities, bringing 80% of our smelting capacity into the first cost quartile. In copper, the Oyu Tolgoi underground project is moving forward following the signing of the Underground Mine Development and Financing Plan. In iron ore, we have completed the key elements of our Pilbara infrastructure expansion. Our combination of world-class assets, financial strength, and operating and commercial excellence provides a sound base to continue to generate sustainable returns for our shareholders.”
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Q2 2015 |
vs Q2 2014 |
vs Q1 2015 |
H1 2015 |
H1 2014 |
|
Global iron ore shipments (100% basis) |
Mt |
81.4 |
+8% |
+12% |
153.9 |
+8% |
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Global iron ore production (100% basis) |
Mt |
79.7 |
+9% |
+7% |
154.3 |
+11% |
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Bauxite |
kt |
10,695 |
+5% |
+2% |
21,179 |
+5% |
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Aluminium |
kt |
818 |
0% |
+1% |
1,627 |
0% |
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Mined copper |
kt |
134 |
-19% |
-7% |
278 |
-14% |
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Hard coking coal |
kt |
2,101 |
+15% |
+5% |
4,103 |
+13% |
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Semi-soft and thermal coal |
kt |
5,099 |
-5% |
-10% |
10,760 |
0% |
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Titanium dioxide slag |
kt |
301 |
-19% |
-6% |
624 |
-18% |
Highlights
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Iron ore production and shipments in the first half increased compared to last year despite severe and unseasonal weather in the Pilbara throughout the first half.
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Second quarter production of iron ore was nine per cent higher than the same quarter of 2014 and was seven per cent above the first quarter of 2015.
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The key elements of the Pilbara 360 Mt/a infrastructure expansion are complete.
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The focus is now on generating maximum value from the assets, including debottlenecking and productivity improvements.
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The modernised Kitimat aluminium smelter in Canada poured first hot metal during the quarter.
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The progressive ramp up of production towards nameplate capacity of 420 thousand tonnes is expected to complete in early 2016. The modernised smelter will substantially increase output and lower production costs and emissions.
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The signing of the Oyu Tolgoi Underground Mine Development and Financing Plan (UDP) on 18 May 2015 represents a significant step forward for the project.
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The UDP between the Government of Mongolia, Turquoise Hill Resources and Rio Tinto provides a pathway forward in addressing shareholder matters to restart underground development. Next steps include approval of the underground feasibility study and project financing, as well as obtaining necessary permits.
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All currency figures in this report are US dollars, and comments refer to Rio Tinto’s share of production, unless otherwise stated. To allow production numbers to be compared on a like-for-like basis, production from asset divestments completed in 2014 have been excluded from Rio Tinto share of production data but assets sold in 2015 remain in comparisons.
Page 1 of 25
IRON ORE
Rio Tinto share of production (million tonnes)
|
|
Q2 2015 |
vs Q2 2014 |
vs Q1 2015 |
H1 2015 |
H1 2014 |
|
Pilbara Blend Lump |
17.5 |
+20% |
+9% |
33.5 |
+21% |
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Pilbara Blend Fines |
25.5 |
+12% |
+3% |
50.1 |
+18% |
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Robe Valley Lump |
1.5 |
+2% |
+4% |
3.0 |
+3% |
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Robe Valley Fines |
2.9 |
-5% |
+13% |
5.4 |
-9% |
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Yandicoogina Fines (HIY) |
13.9 |
+4% |
+10% |
26.5 |
-1% |
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IOC (pellets and concentrate) |
2.6 |
+11% |
+24% |
4.7 |
+14% |
Pilbara operations
Production and shipments in the first half increased compared to last year despite unseasonal weather in the Pilbara throughout the first half, including Tropical Cyclones Olwyn and Quang. Around seven million tonnes of shipping capacity was lost directly at the ports due to uncharacteristically severe weather. Heavy inland rains reduced truck utilisation, resulting in lost production at the mines and impacting the ability to rail planned tonnes.
First half production of 146.3 million tonnes (Rio Tinto share 118.6 million tonnes) was ten per cent higher than the same period of 2014 following the successful ramp up to 290 Mt/a in May 2014. Second quarter production of 75.2 million tonnes (Rio Tinto share 61.3 million tonnes) was nine per cent higher than the second quarter of 2014 and was six per cent above the first quarter of 2015.
Pilbara sales
First half sales of 146.5 million tonnes (Rio Tinto share 118.3 million tonnes) were eight per cent higher than the same period of 2014. Quarterly sales of 77.2 million tonnes (Rio Tinto share 62.9 million tonnes) were eight per cent higher than the second quarter last year and 11 per cent higher quarter on quarter.
Approximately 25 per cent of sales in the first half were priced with reference to the prior quarter’s average index lagged by one month. The remainder was sold either on current quarter average, current month average or on the spot market.
Pilbara projects
The key elements of the infrastructure expansion are complete. The focus is now to ramp up the new equipment to full capacity and generate maximum value from the integrated system. This includes improvements from debottlenecking and productivity enhancements supported by a range of low cost brownfield developments. Around 40 Mt/a of very low-cost brownfield expansions, principally at West Angelas, Nammuldi and Brockman mines, were completed in the half, with an average mine production capital intensity of around $9 per tonne.
Steady progress is being made in the testing and verification of AutoHaul, with over 170 journeys covering 25,000 kilometres completed by the end of June 2015.
Iron Ore Company of Canada (IOC)
IOC delivered its best first half of production with 8.0 million tonnes of concentrate and pellets (Rio Tinto share 4.7 million tonnes), a 14 per cent increase over the first half of 2014. This improvement was driven by increased asset reliability and performance. Second quarter concentrate and pellet production was 4.5 million tonnes (Rio Tinto share 2.6 million tonnes), a 24 per cent increase over the prior quarter.
The improvement in production boosted first half sales by 16 per cent over last year’s levels, to 7.4 million tonnes (Rio Tinto share 4.3 million tonnes). Second quarter sales were particularly strong, with concentrate sales of 1.9 million tonnes and pellet shipments of 2.3 million tonnes.
Page 2 of 25
2015 guidance
Due to the weather disruption in the first half of the year, anticipated shipments were reduced by around seven million tonnes. Accordingly, Rio Tinto now expects 2015 global shipments of 340 million tonnes (100 per cent basis) from its operations in Australia and Canada.
ALUMINIUM
Rio Tinto share of production (‘000 tonnes)
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Q2 2015 |
vs Q2 2014 |
vs Q1 2015 |
H1 2015 |
H1 2014 |
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Rio Tinto Aluminium |
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Bauxite |
10,695 |
+5% |
+2% |
21,179 |
+5% |
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Alumina |
1,925 |
+7% |
+2% |
3,821 |
+5% |
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Aluminium |
818 |
0% |
+1% |
1,627 |
0% |
Bauxite
Bauxite production was five per cent higher than the first half of 2014 and set a new first half record. This was primarily due to a very strong performance at Weipa and the continued ramp up of production at Gove towards eight million tonnes per annum. Gove finished the second quarter with a monthly performance equivalent to a 7.7 million tonne run-rate, well on track to reach an eight million tonne run-rate by the fourth quarter of 2015.
These strong performances from Weipa and Gove delivered second quarter production five per cent higher than the same quarter of 2014 and enabled a seven per cent improvement in third party sales quarter on quarter.
Alumina
Alumina production was up by five per cent compared with the first half of 2014 (excluding production from the Gove refinery which was curtailed in May 2014), reflecting improved productivity at Queensland Alumina and Yarwun.
Aluminium
First half and second quarter aluminium production was in line with the same periods of 2014, despite lower production from Kitimat as it prepared for commissioning of the modernised smelter which poured first hot metal during the quarter. Kitimat will ramp up towards nameplate capacity of 420 thousand tonnes (a 48 per cent increase over previous nameplate capacity), which is expected to be completed in early 2016.
2015 guidance
Rio Tinto’s expected share of production remains unchanged at 43 million tonnes of bauxite, eight million tonnes of alumina and 3.3 million tonnes of aluminium.
Page 3 of 25
COPPER & COAL
Rio Tinto share of production (‘000 tonnes)
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Q2 2015 |
vs Q2 2014 |
vs Q1 2015 |
H1 2015 |
H1 2014 |
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Mined copper |
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Kennecott Utah Copper |
17.4 |
-72% |
-35% |
44.0 |
-66% |
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Escondida |
98.4 |
+10% |
-7% |
204.6 |
+22% |
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Grasberg |
0.0 |
N/A |
N/A |
0.0 |
N/A |
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Oyu Tolgoi |
18.5 |
+53% |
+64% |
29.8 |
+44% |
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Refined copper |
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Kennecott Utah Copper |
33.2 |
-53% |
-26% |
78.2 |
-37% |
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Escondida |
26.6 |
+9% |
+15% |
49.8 |
+6% |
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Coal |
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Hard coking coal |
2,101 |
+15% |
+5% |
4,103 |
+13% |
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Semi-soft coking coal |
1,024 |
+13% |
+14% |
1,922 |
+5% |
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Thermal coal |
4,075 |
-8% |
-14% |
8,837 |
-1% |
Kennecott Utah Copper
Mined copper production for the first half was significantly lower than the same period of 2014 due to the current focus on de-weighting and de-watering the east wall of Bingham Canyon which is expected to continue in the second half.
Lower mine production, partly mitigated by a drawdown of inventory, resulted in first half refined production being significantly lower than in the same period of 2014. To optimise smelter utilisation Kennecott continues to toll third party concentrate, with 166 thousand tonnes of concentrate received and smelted in the first half. This is excluded from reported production figures.
Escondida
Mined copper production at Escondida in the first half was 22 per cent higher than the same period of 2014, primarily due to higher grades and throughput. The second half is expected to be impacted by a decline in grades and water availability.
Oyu Tolgoi
First half mined copper production was 44 per cent higher than the first half of 2014, and higher quarter on quarter, attributable to higher grades and throughput.
Mining has started moving to areas of higher grade ore in the open pit. Copper production in the second half of 2015 is expected to be higher than the first half.
Oyu Tolgoi Underground Development Project
On 18 May 2015, the Government of Mongolia, Turquoise Hill Resources and Rio Tinto signed the Underground Mine Development and Financing Plan which provides a pathway forward in addressing shareholder matters to restart underground development. Next steps include approval of the underground feasibility study and project financing, as well as securing all necessary permits for operating the underground mine.
Grasberg
Through a joint venture agreement with Freeport-McMoRan (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 does not expect 2015 production to exceed the metal attributable to Freeport-McMoRan Inc. (Freeport) and, accordingly, expects its share of joint venture production to be zero during the year. Freeport is due to announce its second quarter and first half results on 23 July 2015.
Page 4 of 25
Provisional pricing
At 30 June 2015, the Group had an estimated 333 million pounds of copper sales that were provisionally priced at US 268 cents per pound. The final price of these sales will be determined during the second half of 2015. This compared with 331 million pounds of open shipments at 31 December 2014, provisionally priced at US 288 cents per pound.
Coal
Hard coking coal production was 13 per cent higher than the first half of 2014 as a result of improved production rates at Kestrel which continues to ramp up towards nameplate long-wall capacity of around six million tonnes.
Semi-soft coking coal production was five per cent higher than the first half of 2014 reflecting mine production sequencing at the Hunter Valley Operations. Thermal coal production was in line with the first half of 2014 with increased tonnage at Hail Creek through a processing plant by-product stream and a strong operational performance which was offset by the impacts of wet weather in the Hunter Valley.
2015 guidance
In 2015, as previously announced, Rio Tinto expects its share of mined copper production to be between 500 and 535 thousand tonnes, and refined copper production to be between 190 and 220 thousand tonnes.
For coal, Rio Tinto’s share of production is expected to be 18 to 19 million tonnes of thermal coal, 3.0 to 3.4 million tonnes of semi-soft coking coal and 7.1 to 8.1 million tonnes of hard coking coal.
DIAMONDS & MINERALS
Rio Tinto share of production
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Q2 2015 |
vs Q2 2014 |
vs Q1 2015 |
H1 2015 |
H1 2014 |
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Diamonds (‘000 carats) |
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|
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Argyle |
3,374 |
+37% |
+5% |
6,591 |
+34% |
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Diavik |
1,285 |
0% |
+43% |
2,183 |
-9% |
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Murowa |
37 |
-56% |
-7% |
77 |
-50% |
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Minerals (‘000 tonnes) |
|
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Borates – B2O3 content |
124 |
-7% |
-4% |
253 |
-2% |
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Titanium dioxide slag |
301 |
-19% |
-6% |
624 |
-18% |
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|
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Salt (‘000 tonnes) |
1,193 |
-33% |
-16% |
2,611 |
-23% |
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Uranium (‘000 lbs) |
|
|
|
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|
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Energy Resources of Australia |
589 |
N/A |
-20% |
1,326 |
N/A |
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Rössing |
543 |
+19% |
+99% |
815 |
-26% |
Diamonds
Carats produced at Argyle were 37 per cent higher than the corresponding quarter in 2014 and 34 per cent higher than the first half of 2014 due to the continued ramp up of production from the underground mine.
Lower carats recovered in the first half at Diavik compared to last year reflect lower ore availability as mining progressed through an area of higher dilution in the first quarter and the absence of stockpiled ore which was processed in the first half of 2014. Second quarter carat production was 43 per cent higher than in the first quarter, reflecting higher grades.
On 26 June 2015, Rio Tinto announced the sale of its interest in the Murowa diamond mine in Zimbabwe.
Page 5 of 25
Minerals
Borates production was slightly lower than in the first half of 2014 which included additional production in preparation for the commissioning of the modified direct dissolving of kernite (MDDK) plant.
Rio Tinto Iron and Titanium (RTIT)
Titanium dioxide slag production was 18 per cent lower than in the first half of 2014 as production continued to be optimised to align with market demand. Two out of nine furnaces are currently idled in Rio Tinto Fer et Titane (RTFT) in Quebec.
Salt
First half salt production was lower than the comparative period in 2014 as a result of weaker demand and management of inventory.
Uranium
Energy Resources of Australia (ERA) continues to process existing stockpiles. Quarter on quarter, uranium production was 20 per cent lower as a result of lower mill head grade and recovery.
First half production at Rössing was lower than the first half of 2014, largely as a result of lower grades and recoveries, partially offset by higher throughput. Second quarter production was higher following recovery from a fire in the final product recovery plant in the first quarter.
2015 guidance
In 2015, Rio Tinto’s share of production is expected to be 1.2 million tonnes of titanium dioxide slag (previously 1.3 million tonnes), 0.5 million tonnes of boric oxide equivalent and 20 million carats of diamonds.
Rio Tinto’s share of uranium production is expected to be approximately five million pounds (at the lower end of the previous guidance range of five to six million tonnes).
EXPLORATION AND EVALUATION
Pre-tax and pre-divestment expenditure on exploration and evaluation charged to the profit and loss account in the first half was $243 million (of which $117 million was spent in the second quarter), compared with $340 million in the same period of 2014.
Approximately 37 per cent of this expenditure was incurred by Copper & Coal, five per cent by Iron Ore, 22 per cent by Diamonds & Minerals and the balance by central exploration.
There were no significant divestments of central exploration properties in the quarter.
Activity in the quarter
Rio Tinto has a strong portfolio of exploration projects with activity in 18 countries across some eight commodities. The main focus of our exploration spend in the period was on copper targets in the United States, Mexico, Chile, Peru, Botswana, Namibia, Zambia, Kazakhstan and Russia. Mine-lease exploration continued at a number of Rio Tinto businesses including Pilbara Iron, Rio Tinto Coal Australia, Richards Bay, Oyu Tolgoi, Weipa and Kennecott Utah Copper.
A summary of activity for the period is as follows:
Page 6 of 25
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Product Group |
Greenfield programmes |
Advanced projects |
Evaluation projects |
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Aluminium |
Australia, Brazil, Laos |
Amargosa orbit, Brazil |
South of Embley and Cape York, Australia |
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Copper & Coal |
Copper: Australia, Botswana, Chile, China, Kazakhstan, Mexico, Mongolia, Namibia, Peru, Russia, US, Zambia Nickel: Canada |
Coal: Bowen Basin, Hunter Valley Australia Nickel: Tamarack, US
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Copper/molybdenum: Resolution, US Copper: La Granja, Peru Copper/gold: Oyu Tolgoi, Mongolia Coal: Mt Pleasant, Hail Creek, Australia |
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Diamonds & Minerals |
Diamonds: Canada, India Heavy mineral sands: Gabon Uranium: Australia, Canada, US |
Potash: KP405, Canada
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Diamonds: Diavik, Canada; Bunder, India Lithium borates: Jadar, Serbia Heavy mineral sands: Zulti South, South Africa; Mutamba, Mozambique Iron Ore: Simandou, Guinea Uranium: Roughrider, Canada |
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Iron Ore |
Botswana |
Pilbara, Australia |
Pilbara, Australia |
Page 7 of 25
Contacts
www.riotinto.com
Follow @riotinto on Twitter
Media Relations, EMEA/AmericasIlltud Harri T +44 20 7781 1152 M +44 7920 503 600
David Outhwaite T +44 20 7781 1623 M +44 7787 597 493
David Luff
Investor Relations, EMEA/AmericasJohn Smelt T +44 20 7781 1654 M +44 7879 642 675
David Ovington T +44 20 7781 2051 M +44 7920 010 978
Grant Donald T +44 20 7781 1262 M +44 7920 587 805 |
Media Relations, Australia/AsiaBen Mitchell T +61 3 9283 3620 M +61 419 850 212
Bruce Tobin T +61 3 9283 3612 M +61 419 103 454
Matt Klar T + 61 7 3625 4244
Investor Relations, Australia/AsiaNatalie Worley T +61 3 9283 3063 M +61 409 210 462
Rachel Storrs T +61 3 9283 3628 M +61 417 401 018
Galina Rogova T +86 21 6103 3550 M +86 152 2118 3942
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Rio Tinto plc6 St James’s Square London SW1Y 4AD United Kingdom
T +44 20 7781 2000 No. 719885 |
Rio Tinto Limited120 Collins Street Melbourne 3000 Australia
T +61 3 9283 3333 Registered in Australia ABN 96 004 458 404 |
Page 8 of 25
Page 9 of 25
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Rio Tinto
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2Q
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3Q
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4Q
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1Q
|
2Q |
1H
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1H |
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ALUMINA |
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||||||
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Production ('000 tonnes) |
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|
||||||
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Jonquière (Vaudreuil) |
100% |
352 |
358 |
373 |
360 |
359 |
713 |
719 |
|
Queensland Alumina |
80% |
668 |
741 |
748 |
739 |
741 |
1,365 |
1,480 |
|
São Luis (Alumar) |
10% |
87 |
94 |
95 |
86 |
94 |
175 |
180 |
|
Yarwun |
100% |
661 |
656 |
687 |
683 |
700 |
1,344 |
1,384 |
|
Jonquière (Vaudreuil) specialty alumina plant |
100% |
27 |
28 |
27 |
27 |
30 |
53 |
57 |
|
Aluminium Product Group total |
1,795 |
1,877 |
1,931 |
1,896 |
1,925 |
3,650 |
3,821 |
|
|
Other Aluminium - Gove refinery (a) |
100% |
139 |
0 |
0 |
0 |
0 |
676 |
0 |
|
Rio Tinto total alumina production |
|
1,934 |
1,877 |
1,931 |
1,896 |
1,925 |
4,326 |
3,821 |
|
|
|
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ALUMINIUM |
|
|
||||||
|
Production ('000 tonnes) |
|
|
||||||
|
Australia - Bell Bay |
100% |
47 |
48 |
48 |
46 |
47 |
93 |
94 |
|
Australia - Boyne Island |
59% |
81 |
85 |
86 |
84 |
86 |
157 |
170 |
|
Australia - Tomago |
52% |
71 |
73 |
74 |
73 |
75 |
142 |
148 |
|
Canada - six wholly owned |
100% |
320 |
320 |
317 |
306 |
305 |
642 |
611 |
|
Canada - Alouette (Sept-Îles) |
40% |
58 |
58 |
59 |
59 |
61 |
116 |
120 |
|
Canada - Bécancour |
25% |
28 |
28 |
28 |
26 |
28 |
56 |
55 |
|
France - Dunquerque |
100% |
67 |
68 |
68 |
67 |
68 |
134 |
136 |
|
Iceland - ISAL (Reykjavik) |
100% |
52 |
51 |
52 |
51 |
51 |
102 |
103 |
|
New Zealand - Tiwai Point |
79% |
65 |
65 |
65 |
65 |
66 |
129 |
131 |
|
Oman - Sohar |
20% |
18 |
18 |
19 |
19 |
19 |
36 |
37 |
|
UK - Lochaber |
100% |
10 |
10 |
11 |
12 |
12 |
20 |
23 |
|
Rio Tinto total aluminium production |
|
817 |
825 |
827 |
809 |
818 |
1,627 |
1,627 |
|
|
|
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BAUXITE |
|
|
||||||
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Production ('000 tonnes) (b) |
|
|
||||||
|
Gove |
100% |
1,426 |
1,725 |
1,574 |
1,710 |
1,863 |
3,230 |
3,572 |
|
Porto Trombetas |
12% |
470 |
501 |
556 |
438 |
447 |
908 |
885 |
|
Sangaredi |
(c) |
1,885 |
1,819 |
1,721 |
1,632 |
1,444 |
3,571 |
3,076 |
|
Weipa |
100% |
6,363 |
6,844 |
6,944 |
6,704 |
6,941 |
12,479 |
13,646 |
|
Rio Tinto total bauxite production |
|
10,144 |
10,889 |
10,794 |
10,484 |
10,695 |
20,188 |
21,179 |
Page 10 of 25
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Rio Tinto share of production |
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Rio Tinto
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2Q
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3Q
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4Q
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1Q
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2Q |
1H
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1H |
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BORATES |
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Production ('000 tonnes B2O3 content) |
|
|
||||||
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Rio Tinto Minerals - borates |
100% |
133 |
127 |
123 |
129 |
124 |
259 |
253 |
|
|
|
|||||||
|
COAL - hard coking |
|
|
||||||
|
Rio Tinto Coal Australia ('000 tonnes) |
|
|
||||||
|
Hail Creek Coal |
82% |
1,338 |
1,277 |
1,520 |
1,189 |
1,349 |
2,528 |
2,538 |
|
Kestrel Coal |
80% |
490 |
497 |
119 |
813 |
752 |
1,115 |
1,565 |
|
Rio Tinto total hard coking coal production |
|
1,828 |
1,773 |
1,639 |
2,002 |
2,101 |
3,642 |
4,103 |
|
|
|
|||||||
|
COAL - semi-soft coking |
|
|
||||||
|
Rio Tinto Coal Australia ('000 tonnes) |
|
|
||||||
|
Hunter Valley |
80% |
385 |
292 |
440 |
460 |
780 |
816 |
1,240 |
|
Mount Thorley |
64% |
365 |
317 |
213 |
311 |
168 |
719 |
479 |
|
Warkworth |
44% |
153 |
36 |
76 |
128 |
76 |
304 |
204 |
|
Rio Tinto total semi-soft coking coal production |
|
903 |
645 |
728 |
898 |
1,024 |
1,839 |
1,922 |
|
|
|
|||||||
|
COAL - thermal |
|
|
||||||
|
Rio Tinto Coal Australia ('000 tonnes) |
|
|
||||||
|
Bengalla |
32% |
654 |
667 |
660 |
749 |
568 |
1,413 |
1,317 |
|
Hail Creek Coal |
82% |
344 |
702 |
524 |
725 |
601 |
664 |
1,326 |
|
Hunter Valley |
80% |
2,183 |
2,732 |
2,275 |
2,184 |
1,579 |
4,532 |
3,763 |
|
Kestrel Coal |
80% |
87 |
45 |
249 |
94 |
143 |
157 |
237 |
|
Mount Thorley |
64% |
425 |
499 |
128 |
353 |
517 |
807 |
870 |
|
Warkworth |
44% |
753 |
711 |
923 |
658 |
667 |
1,394 |
1,325 |
|
Rio Tinto total thermal coal production |
4,447 |
5,355 |
4,759 |
4,762 |
4,075 |
8,967 |
8,837 |
|
Page 11 of 25
|
Rio Tinto share of production |
||||||||
|
|
Rio Tinto
|
2Q
|
3Q
|
4Q
|
1Q
|
2Q |
1H
|
1H |
|
|
|
|||||||
|
COPPER |
|
|
||||||
|
Mine production ('000 tonnes) (b) |
|
|
||||||
|
Bingham Canyon |
100% |
61.9 |
52.8 |
20.5 |
26.6 |
17.4 |
131.0 |
44.0 |
|
Escondida |
30% |
89.4 |
84.2 |
88.9 |
106.2 |
98.4 |
168.2 |
204.6 |
|
Grasberg - Joint Venture (d) |
40% |
1.5 |
2.5 |
2.1 |
0.0 |
0.0 |
3.2 |
0.0 |
|
Oyu Tolgoi (e) |
34% |
12.1 |
12.3 |
16.9 |
11.3 |
18.5 |
20.6 |
29.8 |
|
Rio Tinto total mine production |
164.8 |
151.8 |
128.3 |
144.1 |
134.3 |
323.0 |
278.4 |
|
|
Refined production ('000 tonnes) |
|
|
||||||
|
Escondida |
30% |
24.5 |
20.8 |
22.5 |
23.2 |
26.6 |
47.2 |
49.8 |
|
Kennecott Utah Copper |
100% |
70.1 |
62.7 |
18.3 |
45.0 |
33.2 |
123.2 |
78.2 |
|
Rio Tinto total refined production |
|
94.6 |
83.5 |
40.7 |
68.2 |
59.9 |
170.4 |
128.0 |
|
|
|
|||||||
|
DIAMONDS |
|
|
||||||
|
Production ('000 carats) |
|
|
||||||
|
Argyle |
100% |
2,459 |
2,455 |
1,813 |
3,217 |
3,374 |
4,920 |
6,591 |
|
Diavik |
60% |
1,290 |
1,004 |
927 |
899 |
1,285 |
2,409 |
2,183 |
|
Murowa (f) |
0% |
83 |
90 |
101 |
40 |
37 |
152 |
77 |
|
Rio Tinto total diamond production |
|
3,832 |
3,549 |
2,841 |
4,155 |
4,696 |
7,482 |
8,851 |
|
|
|
|||||||
|
GOLD |
|
|
||||||
|
Mine production ('000 ounces) (b) |
|
|
||||||
|
Barneys Canyon |
100% |
0.4 |
0.0 |
0.0 |
0.0 |
0.0 |
0.4 |
0.0 |
|
Bingham Canyon |
100% |
76.6 |
86.7 |
33.2 |
44.7 |
29.5 |
139.9 |
74.2 |
|
Escondida |
30% |
8.0 |
6.6 |
3.8 |
6.4 |
7.7 |
16.6 |
14.0 |
|
Grasberg - Joint Venture (d) |
40% |
0.3 |
0.8 |
0.7 |
0.0 |
0.0 |
0.7 |
0.0 |
|
Oyu Tolgoi (e) |
34% |
37.9 |
44.2 |
93.2 |
28.7 |
79.8 |
59.9 |
108.5 |
|
Rio Tinto total mine production |
123.2 |
138.4 |
131.0 |
79.8 |
116.9 |
217.5 |
196.7 |
|
|
Refined production ('000 ounces) |
|
|
||||||
|
Kennecott Utah Copper |
100% |
59.8 |
79.3 |
51.1 |
62.2 |
51.6 |
121.8 |
113.8 |
Page 12 of 25
|
Rio Tinto share of production |
||||||||
|
|
Rio Tinto
|
2Q
|
3Q
|
4Q
|
1Q
|
2Q |
1H
|
1H |
|
|
|
|||||||
|
IRON ORE |
|
|
||||||
|
Production ('000 tonnes) (b) |
|
|
||||||
|
Hamersley mines |
(g) |
39,742 |
41,837 |
45,239 |
42,177 |
45,807 |
76,087 |
87,984 |
|
Hamersley - Channar |
60% |
1,642 |
1,763 |
1,501 |
1,287 |
1,675 |
3,284 |
2,962 |
|
Hope Downs |
50% |
5,094 |
5,646 |
5,839 |
5,679 |
5,259 |
9,873 |
10,938 |
|
Iron Ore Company of Canada |
59% |
2,365 |
2,299 |
2,247 |
2,109 |
2,616 |
4,129 |
4,726 |
|
Robe River - Pannawonica (Mesas J and A) |
53% |
4,530 |
4,846 |
4,599 |
4,020 |
4,402 |
8,859 |
8,422 |
|
Robe River - West Angelas |
53% |
4,158 |
4,058 |
3,815 |
4,139 |
4,133 |
7,637 |
8,272 |
|
Rio Tinto iron ore production ('000 tonnes) |
57,530 |
60,450 |
63,239 |
59,412 |
63,892 |
109,869 |
123,304 |
|
|
Breakdown of Production: |
|
|
||||||
|
Pilbara Blend Lump |
14,541 |
14,986 |
16,103 |
16,057 |
17,490 |
27,792 |
33,547 |
|
|
Pilbara Blend Fines |
22,669 |
24,721 |
25,185 |
24,607 |
25,466 |
42,284 |
50,073 |
|
|
Robe Valley Lump |
1,518 |
1,617 |
1,591 |
1,482 |
1,541 |
2,930 |
3,023 |
|
|
Robe Valley Fines |
3,012 |
3,229 |
3,008 |
2,538 |
2,861 |
5,928 |
5,400 |
|
|
Yandicoogina Fines (HIY) |
13,425 |
13,597 |
15,105 |
12,618 |
13,918 |
26,805 |
26,536 |
|
|
IOC Concentrate |
1,130 |
936 |
845 |
804 |
1,245 |
1,758 |
2,049 |
|
|
IOC Pellets |
1,235 |
1,364 |
1,402 |
1,305 |
1,372 |
2,371 |
2,677 |
|
|
Breakdown of Sales: |
|
|
||||||
|
Pilbara Blend Lump |
12,066 |
13,730 |
13,778 |
13,231 |
14,620 |
23,702 |
27,851 |
|
|
Pilbara Blend Fines |
26,596 |
26,496 |
30,627 |
26,004 |
30,200 |
48,521 |
56,204 |
|
|
Robe Valley Lump |
1,465 |
1,405 |
1,435 |
1,257 |
1,320 |
2,665 |
2,578 |
|
|
Robe Valley Fines |
3,311 |
3,246 |
3,453 |
2,568 |
2,797 |
6,189 |
5,365 |
|
|
Yandicoogina Fines (HIY) |
13,712 |
14,198 |
14,628 |
12,336 |
14,004 |
27,444 |
26,340 |
|
|
IOC Concentrate |
1,118 |
1,343 |
732 |
417 |
1,112 |
1,490 |
1,530 |
|
|
IOC Pellets |
1,134 |
1,172 |
1,410 |
1,462 |
1,344 |
2,235 |
2,806 |
|
|
Rio Tinto iron ore sales ('000 tonnes) |
|
59,402 |
61,590 |
66,063 |
57,276 |
65,397 |
112,247 |
122,672 |
|
|
|
|||||||
|
MOLYBDENUM |
|
|
||||||
|
Mine production ('000 tonnes) (b) |
|
|
||||||
|
Bingham Canyon |
100% |
2.5 |
5.6 |
2.6 |
2.7 |
2.6 |
3.4 |
5.3 |
|
|
|
|||||||
|
SALT |
|
|
||||||
|
Production ('000 tonnes) |
|
|
||||||
|
Dampier Salt |
68% |
1,788 |
1,567 |
1,852 |
1,418 |
1,193 |
3,374 |
2,611 |
Page 13 of 25
|
Rio Tinto share of production |
||||||||
|
|
Rio Tinto
|
2Q
|
3Q
|
4Q
|
1Q
|
2Q |
1H
|
1H |
|
|
|
|||||||
|
SILVER |
|
|
||||||
|
Mine production ('000 ounces) (b) |
|
|
||||||
|
Bingham Canyon |
100% |
864 |
970 |
356 |
486 |
310 |
1,608 |
796 |
|
Escondida |
30% |
432 |
348 |
288 |
407 |
394 |
829 |
801 |
|
Grasberg - Joint Venture (d) |
40% |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
|
Oyu Tolgoi (e) |
34% |
77 |
72 |
96 |
62 |
100 |
131 |
161 |
|
Rio Tinto total mine production |
1,372 |
1,390 |
740 |
954 |
804 |
2,569 |
1,758 |
|
|
Refined production ('000 ounces) |
|
|
||||||
|
Kennecott Utah Copper |
100% |
818 |
759 |
636 |
698 |
501 |
1,417 |
1,198 |
|
|
|
|||||||
|
TITANIUM DIOXIDE SLAG |
|
|
||||||
|
Production ('000 tonnes) |
|
|
||||||
|
Rio Tinto Iron & Titanium (h) |
100% |
372 |
365 |
316 |
322 |
301 |
762 |
624 |
|
|
|
|||||||
|
URANIUM |
|
|
||||||
|
Production ('000 lbs U3O8) |
|
|
||||||
|
Energy Resources of Australia (i) |
68% |
0 |
853 |
904 |
737 |
589 |
0 |
1,326 |
|
Rössing |
69% |
455 |
615 |
618 |
272 |
543 |
1,099 |
815 |
|
Rio Tinto total uranium production |
|
455 |
1,467 |
1,523 |
1,010 |
1,131 |
1,099 |
2,141 |
Production data notes:
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 year to date figures.
(a) The curtailment of production at the Gove refinery was completed on 28 May 2014.
(b) 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 onsite, except for the data for bauxite and iron ore which represent production of marketable quantities of ore plus concentrates and pellets.
(c) Rio Tinto has a 22.95% shareholding in the Sangaredi mine but benefits from 45.0% of production.
(d) Through a joint venture agreement with Freeport-McMoRan (FCX), Rio Tinto is entitled to 40% of additional material mined as a consequence of expansions and developments of the Grasberg facilities since 1998.
(e) Rio Tinto owns a 33.52% indirect interest in Oyu Tolgoi through its 50.79% interest in Turquoise Hill Resources Ltd.
(f) Rio Tinto sold its 77.8% interest in Murowa Diamonds with an effective date of 17 June 2015. Production data are shown up to that date.
(g) Includes 100% of production from Paraburdoo, Mt Tom Price, Marandoo, Yandicoogina, Brockman, Nammuldi and the Eastern Range mines. Whilst 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.
(h) Quantities comprise 100% of Rio Tinto Fer et Titane and Rio Tinto's 74% interest in Richards Bay Minerals (RBM).
(i) ERA production reported is 'drummed' U3O8.
|
The Rio Tinto percentage shown above is at 30 June 2015. |
||||||||
|
Rio Tinto's interest in the Benga and Clermont mines and the Alucam and SØRAL smelters were sold in 2014. No data for these operations are included in the Share of Production table. |
||||||||
Page 14 of 25
|
Rio Tinto operational data |
||||||||
|
Rio Tinto
|
2Q
|
3Q
|
4Q
|
1Q
|
2Q |
1H
|
1H |
|
|
|
|
|||||||
|
ALUMINA |
|
|
||||||
|
Smelter Grade Alumina - Aluminium Group |
|
|
||||||
|
Alumina production ('000 tonnes) |
|
|
||||||
|
Australia |
|
|
||||||
|
Queensland Alumina Refinery - Queensland |
80.0% |
835 |
926 |
935 |
924 |
927 |
1,706 |
1,850 |
|
Yarwun refinery - Queensland |
100.0% |
661 |
656 |
687 |
683 |
700 |
1,344 |
1,384 |
|
Brazil |
|
|
||||||
|
São Luis (Alumar) refinery |
10.0% |
865 |
938 |
953 |
862 |
940 |
1,747 |
1,802 |
|
Canada |
|
|
||||||
|
Jonquière (Vaudreuil) refinery - Quebec (a) |
100.0% |
352 |
358 |
373 |
360 |
359 |
713 |
719 |
|
|
||||||||
|
Smelter Grade Alumina - Other Aluminium |
|
|
|
|
|
|||
|
Alumina production ('000 tonnes) |
|
|
|
|
|
|||
|
Australia |
|
|
|
|
|
|||
|
Gove refinery - Northern Territory (a) |
100.0% |
139 |
0 |
0 |
0 |
0 |
676 |
0 |
|
|
||||||||
|
Specialty Alumina - Aluminium Group |
|
|
||||||
|
Specialty alumina production ('000 tonnes) |
|
|
||||||
|
Canada |
|
|
||||||
|
Jonquière (Vaudreuil) plant – Quebec |
100.0% |
27 |
28 |
27 |
27 |
30 |
53 |
57 |
|
Rio Tinto percentage interest shown above is at 30 June 2015. The data represent full production and sales on a 100% basis unless otherwise stated. |
||||||||
Page 15 of 25
|
Rio Tinto operational data |
||||||||
|
|
Rio Tinto
|
2Q
|
3Q
|
4Q
|
1Q
|
2Q |
1H
|
1H |
|
|
|
|||||||
|
ALUMINIUM |
|
|
||||||
|
Primary Aluminium |
|
|
||||||
|
Primary aluminium production ('000 tonnes) |
|
|
||||||
|
Australia |
|
|
||||||
|
Bell Bay smelter - Tasmania |
100.0% |
47 |
48 |
48 |
46 |
47 |
93 |
94 |
|
Boyne Island smelter - Queensland |
59.4% |
136 |
143 |
145 |
142 |
145 |
265 |
287 |
|
Tomago smelter - New South Wales |
51.6% |
139 |
142 |
144 |
141 |
145 |
275 |
286 |
|
Cameroon |
|
|
|
|||||
|
Alucam (Edéa) smelter (a) |
0.0% |
23 |
24 |
22 |
- |
- |
47 |
- |
|
Canada |
|
|
||||||
|
Alma smelter - Quebec |
100.0% |
111 |
116 |
116 |
115 |
116 |
223 |
231 |
|
Alouette (Sept-Îles) smelter - Quebec |
40.0% |
145 |
146 |
147 |
147 |
152 |
290 |
299 |
|
Arvida smelter - Quebec |
100.0% |
43 |
44 |
44 |
43 |
43 |
85 |
86 |
|
Arvida AP60 smelter - Quebec |
100.0% |
15 |
15 |
15 |
14 |
15 |
29 |
29 |
|
Bécancour smelter - Quebec |
25.1% |
111 |
110 |
114 |
105 |
113 |
222 |
218 |
|
Grande-Baie smelter - Quebec |
100.0% |
55 |
55 |
55 |
54 |
55 |
111 |
109 |
|
Kitimat smelter - British Columbia |
100.0% |
35 |
28 |
24 |
20 |
15 |
73 |
35 |
|
Laterrière smelter - Quebec |
100.0% |
61 |
62 |
62 |
60 |
61 |
121 |
121 |
|
France |
|
|
||||||
|
Dunkerque smelter |
100.0% |
67 |
68 |
68 |
67 |
68 |
134 |
136 |
|
Iceland |
|
|
||||||
|
ISAL (Reykjavik) smelter |
100.0% |
52 |
51 |
52 |
51 |
51 |
102 |
103 |
|
New Zealand |
|
|
||||||
|
Tiwai Point smelter |
79.4% |
82 |
82 |
82 |
82 |
83 |
163 |
165 |
|
Norway |
|
|
|
|||||
|
SØRAL (Husnes) smelter (b) |
0.0% |
23 |
23 |
8 |
- |
- |
45 |
- |
|
Oman |
|
|
||||||
|
Sohar smelter |
20.0% |
91 |
92 |
93 |
93 |
94 |
178 |
187 |
|
United Kingdom |
|
|
||||||
|
Lochaber smelter |
100.0% |
10 |
10 |
11 |
12 |
12 |
20 |
23 |
|
|
||||||||
|
Rio Tinto percentage interest shown above is at 30 June 2015. The data represent full production and sales on a 100% basis unless otherwise stated. |
||||||||
Page 16 of 25
|
Rio Tinto operational data |
||||||||
|
|
Rio Tinto
|
2Q
|
3Q
|
4Q
|
1Q
|
2Q |
1H
|
1H |
|
|
|
|||||||
|
BAUXITE |
|
|
||||||
|
Bauxite production ('000 tonnes) |
|
|
||||||
|
Australia |
|
|
||||||
|
Gove mine - Northern Territory |
100.0% |
1,426 |
1,725 |
1,574 |
1,710 |
1,863 |
3,230 |
3,572 |
|
Weipa mine - Queensland |
100.0% |
6,363 |
6,844 |
6,944 |
6,704 |
6,941 |
12,479 |
13,646 |
|
Brazil |
|
|
||||||
|
Porto Trombetas (MRN) mine |
12.0% |
3,918 |
4,177 |
4,633 |
3,651 |
3,723 |
7,567 |
7,375 |
|
Guinea |
|
|
||||||
|
Sangaredi mine (a) |
23.0% |
4,189 |
4,043 |
3,823 |
3,627 |
3,209 |
7,937 |
6,835 |
|
|
|
|||||||
|
Rio Tinto share of bauxite shipments |
|
|
||||||
|
Share of total bauxite shipments ('000 tonnes) |
10,065 |
10,671 |
10,851 |
10,487 |
10,926 |
19,895 |
21,413 |
|
|
Share of third party bauxite shipments ('000 tonnes) |
5,768 |
6,523 |
6,502 |
6,372 |
6,848 |
10,232 |
13,220 |
|
|
|
||||||||
|
Rio Tinto percentage interest shown above is at 30 June 2015. The data represent full production and sales on a 100% basis unless otherwise stated. |
||||||||
Page 17 of 25
|
Rio Tinto operational data |
||||||||
|
|
Rio Tinto
|
2Q
|
3Q
|
4Q
|
1Q
|
2Q |
1H
|
1H |
|
|
|
|||||||
|
BORATES |
|
|
||||||
|
Rio Tinto Minerals - borates |
100.0% |
|
|
|||||
|
US |
|
|
||||||
|
Borates ('000 tonnes) (a) |
133 |
127 |
123 |
129 |
124 |
259 |
253 |
|
|
|
||||||||
|
|
|
|||||||
|
COAL |
|
|
||||||
|
Rio Tinto Coal Australia |
|
|
||||||
|
Bengalla mine |
32.0% |
|
|
|||||
|
New South Wales |
|
|
||||||
|
Thermal coal ('000 tonnes) |
2,045 |
2,083 |
2,061 |
2,341 |
1,776 |
4,414 |
4,116 |
|
|
Clermont Coal mine (a) |
0.0% |
|
|
|
|
|
||
|
Queensland |
|
|
|
|
|
|||
|
Thermal coal ('000 tonnes) |
2,265 |
- |
- |
- |
- |
4,832 |
- |
|
|
Hail Creek Coal mine |
82.0% |
|
|
|||||
|
Queensland |
|
|
||||||
|
Hard coking coal ('000 tonnes) |
1,631 |
1,557 |
1,853 |
1,450 |
1,645 |
3,082 |
3,095 |
|
|
Thermal coal ('000 tonnes) |
420 |
856 |
639 |
884 |
733 |
810 |
1,617 |
|
|
Hunter Valley Operations |
80.0% |
|
|
|||||
|
New South Wales |
|
|
||||||
|
Semi-soft coking coal ('000 tonnes) |
481 |
365 |
550 |
574 |
976 |
1,020 |
1,550 |
|
|
Thermal coal ('000 tonnes) |
2,728 |
3,415 |
2,844 |
2,730 |
1,974 |
5,665 |
4,703 |
|
|
Kestrel Coal mine |
80.0% |
|
|
|||||
|
Queensland |
|
|
||||||
|
Hard coking coal ('000 tonnes) |
613 |
621 |
149 |
1,017 |
940 |
1,393 |
1,956 |
|
|
Thermal coal ('000 tonnes) |
109 |
56 |
311 |
118 |
178 |
197 |
296 |
|
|
Mount Thorley Operations |
64.0% |
|
|
|||||
|
New South Wales |
|
|
||||||
|
Semi-soft coking coal ('000 tonnes) |
570 |
496 |
333 |
485 |
263 |
1,124 |
748 |
|
|
Thermal coal ('000 tonnes) |
665 |
780 |
200 |
551 |
809 |
1,261 |
1,359 |
|
|
Rio Tinto percentage interest shown above is at 30 June 2015. The data represent full production and sales on a 100% basis unless otherwise stated. |
||||||||
Page 18 of 25
|
Rio Tinto operational data |
||||||||
|
|
Rio Tinto
|
2Q
|
3Q
|
4Q
|
1Q
|
2Q |
1H
|
1H |
|
|
|
|||||||
|
COAL (continued) |
|
|
||||||
|
Warkworth mine |
44.5% |
|
|
|||||
|
New South Wales |
|
|
||||||
|
Semi-soft coking coal ('000 tonnes) |
345 |
80 |
170 |
287 |
170 |
683 |
457 |
|
|
Thermal coal ('000 tonnes) |
1,692 |
1,598 |
2,073 |
1,478 |
1,499 |
3,132 |
2,977 |
|
|
Total hard coking coal production ('000 tonnes) |
2,244 |
2,178 |
2,002 |
2,467 |
2,585 |
4,476 |
5,051 |
|
|
Total semi-soft coking coal production ('000 tonnes) |
1,395 |
942 |
1,052 |
1,347 |
1,408 |
2,827 |
2,755 |
|
|
Total thermal coal production ('000 tonnes) |
9,924 |
8,787 |
8,129 |
8,101 |
6,968 |
20,311 |
15,069 |
|
|
Total coal production ('000 tonnes) |
13,563 |
11,906 |
11,183 |
11,915 |
10,961 |
27,613 |
22,876 |
|
|
|
|
|||||||
|
Total coal sales ('000 tonnes) |
13,569 |
11,409 |
12,395 |
11,926 |
11,016 |
27,583 |
22,942 |
|
|
Rio Tinto Coal Australia share (b) |
|
|
||||||
|
Share of hard coking coal sales ('000 tonnes) |
2,152 |
1,563 |
1,978 |
1,925 |
2,405 |
4,143 |
4,330 |
|
|
Share of semi-soft coal sales ('000 tonnes) (c) |
803 |
790 |
812 |
929 |
963 |
1,623 |
1,892 |
|
|
Share of thermal coal sales ('000 tonnes) (c) |
5,447 |
4,972 |
5,183 |
4,781 |
3,913 |
11,275 |
8,694 |
|
|
|
||||||||
|
Rio Tinto Coal Mozambique |
|
|
|
|||||
|
Benga mine (a) |
0.0% |
|
|
|
||||
|
Hard coking coal production ('000 tonnes) |
288 |
236 |
26 |
- |
- |
379 |
- |
|
|
Thermal coal production ('000 tonnes) |
271 |
216 |
23 |
- |
- |
354 |
- |
|
|
|
||||||||
|
Rio Tinto percentage interest shown above is at 30 June 2015. The data represent full production and sales on a 100% basis unless otherwise stated. |
||||||||
Page 19 of 25
|
Rio Tinto operational data |
||||||||
|
|
Rio Tinto
|
2Q
|
3Q
|
4Q
|
1Q
|
2Q |
1H
|
1H |
|
|
|
|||||||
|
COPPER & GOLD |
|
|
||||||
|
Escondida |
30.0% |
|
|
|||||
|
Chile |
|
|
||||||
|
Sulphide ore to concentrator ('000 tonnes) |
21,438 |
20,652 |
18,354 |
21,382 |
22,909 |
42,488 |
44,291 |
|
|
Average copper grade (%) |
1.33 |
1.20 |
1.45 |
1.49 |
1.32 |
1.23 |
1.40 |
|
|
Mill production (metals in concentrates): |
|
|
||||||
|
Contained copper ('000 tonnes) |
235.6 |
205.5 |
215.7 |
270.6 |
249.6 |
431.2 |
520.2 |
|
|
Contained gold ('000 ounces) |
27 |
22 |
13 |
21 |
26 |
55 |
47 |
|
|
Contained silver ('000 ounces) |
1,439 |
1,159 |
958 |
1,355 |
1,314 |
2,765 |
2,669 |
|
|
Recoverable copper in ore stacked for leaching ('000 tonnes) (a) |
62.3 |
75.3 |
80.5 |
83.5 |
78.5 |
129.4 |
162.0 |
|
|
Refined production from leach plants: |
|
|
||||||
|
Copper cathode production ('000 tonnes) |
81.5 |
69.3 |
75.0 |
77.3 |
88.8 |
157.3 |
166.1 |
|
|
|
||||||||
|
Freeport-McMoRan Copper & Gold |
|
|
||||||
|
Grasberg mine (a) |
0.0% (b) |
|
|
|||||
|
Papua, Indonesia |
|
|
||||||
|
Ore treated ('000 tonnes) |
9,368 |
12,488 |
11,512 |
14,123 |
18,269 |
19,985 |
32,392 |
|
|
Average mill head grades: |
|
|
||||||
|
Copper (%) |
0.73 |
0.88 |
0.79 |
0.57 |
0.66 |
0.72 |
0.62 |
|
|
Gold (g/t) |
0.65 |
1.28 |
1.14 |
0.68 |
0.69 |
0.72 |
0.69 |
|
|
Silver (g/t) |
3.08 |
3.90 |
3.37 |
2.13 |
1.94 |
3.21 |
2.02 |
|
|
Production of metals in concentrates: |
|
|
||||||
|
Copper in concentrates ('000 tonnes) |
58.7 |
97.7 |
82.3 |
72.2 |
104.8 |
126.2 |
177.0 |
|
|
Gold in concentrates ('000 ounces) |
147 |
439 |
366 |
262 |
320 |
362 |
582 |
|
|
Silver in concentrates ('000 ounces) |
499 |
913 |
771 |
558 |
639 |
1,057 |
1,198 |
|
|
Sales of payable metals in concentrates: (c) |
|
|
||||||
|
Copper in concentrates ('000 tonnes) |
54.3 |
120.0 |
83.9 |
70.4 |
98.8 |
104.9 |
169.2 |
|
|
Gold in concentrates ('000 ounces) |
136 |
505 |
366 |
260 |
306 |
299 |
566 |
|
|
Silver in concentrates ('000 ounces) |
367 |
889 |
623 |
435 |
483 |
701 |
918 |
|
|
|
||||||||
|
Rio Tinto percentage interest shown above is at 30 June 2015. The data represent full production and sales on a 100% basis unless otherwise stated. |
||||||||
Page 20 of 25
|
Rio Tinto operational data |
||||||||
|
|
Rio Tinto
|
2Q
|
3Q
|
4Q
|
1Q
|
2Q |
1H
|
1H |
|
|
|
|||||||
|
COPPER & GOLD (continued) |
|
|
||||||
|
Kennecott Utah Copper |
|
|
||||||
|
Barneys Canyon mine (a) |
100.0% |
|
|
|
|
|
||
|
Utah, US |
|
|
|
|
|
|||
|
Gold produced ('000 ounces) |
0.4 |
0.0 |
0.0 |
0.0 |
0.0 |
0.4 |
0.0 |
|
|
Bingham Canyon mine |
100.0% |
|
|
|||||
|
Utah, US |
|
|
||||||
|
Ore treated ('000 tonnes) |
10,480 |
12,184 |
6,404 |
9,819 |
8,208 |
22,396 |
18,026 |
|
|
Average ore grade: |
|
|
||||||
|
Copper (%) |
0.65 |
0.49 |
0.37 |
0.31 |
0.25 |
0.65 |
0.28 |
|
|
Gold (g/t) |
0.33 |
0.33 |
0.26 |
0.21 |
0.17 |
0.29 |
0.19 |
|
|
Silver (g/t) |
3.26 |
3.01 |
2.22 |
2.22 |
1.99 |
2.92 |
2.11 |
|
|
Molybdenum (%) |
0.044 |
0.069 |
0.060 |
0.041 |
0.046 |
0.036 |
0.044 |
|
|
Copper concentrates produced ('000 tonnes) |
225 |
193 |
82 |
133 |
84 |
524 |
218 |
|
|
Average concentrate grade (% Cu) |
27.5 |
27.2 |
24.8 |
19.9 |
20.6 |
25.0 |
20.2 |
|
|
Production of metals in copper concentrates: |
|
|
||||||
|
Copper ('000 tonnes) (b) |
61.9 |
52.8 |
20.5 |
26.6 |
17.4 |
131.0 |
44.0 |
|
|
Gold ('000 ounces) |
77 |
87 |
33 |
45 |
29 |
140 |
74 |
|
|
Silver ('000 ounces) |
864 |
970 |
356 |
486 |
310 |
1,608 |
796 |
|
|
Molybdenum concentrates produced ('000 tonnes): |
4.6 |
10.5 |
4.9 |
5.2 |
5.0 |
6.5 |
10.3 |
|
|
Molybdenum in concentrates ('000 tonnes) |
2.5 |
5.6 |
2.6 |
2.7 |
2.6 |
3.4 |
5.3 |
|
|
|
||||||||
|
Kennecott smelter & refinery |
100.0% |
|
|
|||||
|
Copper concentrates smelted ('000 tonnes) |
309 |
205 |
122 |
148 |
99 |
581 |
247 |
|
|
Copper anodes produced ('000 tonnes) (a) |
71.7 |
50.2 |
24.9 |
35.1 |
19.1 |
129.1 |
54.2 |
|
|
Production of refined metal: |
|
|
||||||
|
Copper ('000 tonnes) |
70.1 |
62.7 |
18.3 |
45.0 |
33.2 |
123.2 |
78.2 |
|
|
Gold ('000 ounces) (b) |
59.8 |
79.3 |
51.1 |
62.2 |
51.6 |
121.8 |
113.8 |
|
|
Silver ('000 ounces) (b) |
818 |
759 |
636 |
698 |
501 |
1,417 |
1,198 |
|
|
|
||||||||
|
Rio Tinto percentage interest shown above is at 30 June 2015. The data represent full production and sales on a 100% basis unless otherwise stated. |
||||||||
Page 21 of 25
|
Rio Tinto operational data |
||||||||
|
|
Rio Tinto
|
2Q
|
3Q
|
4Q
|
1Q
|
2Q |
1H
|
1H |
|
|
|
|||||||
|
COPPER & GOLD (continued) |
|
|
||||||
|
Turquoise Hill Resources |
|
|
||||||
|
Oyu Tolgoi mine (a) |
33.5% |
|
|
|||||
|
Mongolia |
|
|
||||||
|
Ore Treated ('000 tonnes) |
7,778 |
7,029 |
7,505 |
7,512 |
9,025 |
13,338 |
16,536 |
|
|
Average mill head grades: |
|
|
||||||
|
Copper (%) |
0.53 |
0.59 |
0.74 |
0.52 |
0.69 |
0.52 |
0.61 |
|
|
Gold (g/t) |
0.60 |
0.80 |
1.46 |
0.48 |
1.09 |
0.55 |
0.82 |
|
|
Silver (g/t) |
1.57 |
1.64 |
1.65 |
1.16 |
1.46 |
1.55 |
1.33 |
|
|
Copper concentrates produced ('000 tonnes) |
140.0 |
134.1 |
186.7 |
130.9 |
215.5 |
242.9 |
346.4 |
|
|
Average concentrate grade (% Cu) |
25.8 |
27.3 |
26.9 |
25.7 |
25.6 |
25.3 |
25.7 |
|
|
Production of metals in concentrates: |
|
|
||||||
|
Copper in concentrates ('000 tonnes) |
36.2 |
36.6 |
50.3 |
33.6 |
55.3 |
61.5 |
88.9 |
|
|
Gold in concentrates ('000 ounces) |
113.0 |
132.0 |
278.2 |
85.6 |
238.1 |
178.6 |
323.8 |
|
|
Silver in concentrates ('000 ounces) |
229 |
216 |
286 |
184 |
297 |
391 |
481 |
|
|
Sales of metals in concentrates: |
|
|
||||||
|
Copper in concentrates ('000 tonnes) |
51.6 |
53.6 |
67.6 |
42.1 |
46.3 |
64.7 |
88.4 |
|
|
Gold in concentrates ('000 ounces) |
126 |
144 |
263 |
200 |
177 |
154 |
377 |
|
|
Silver in concentrates ('000 ounces) |
309 |
323 |
383 |
219 |
245 |
387 |
464 |
|
|
|
||||||||
|
Rio Tinto percentage interest shown above is at 30 June 2015. The data represent full production and sales on a 100% basis unless otherwise stated. |
||||||||
Page 22 of 25
|
Rio Tinto operational data |
||||||||
|
|
Rio Tinto
|
2Q
|
3Q
|
4Q
|
1Q
|
2Q |
1H
|
1H |
|
|
|
|||||||
|
DIAMONDS |
|
|
||||||
|
Argyle Diamonds |
100.0% |
|
|
|||||
|
Western Australia |
|
|
||||||
|
AK1 ore processed ('000 tonnes) |
712 |
876 |
688 |
1,178 |
1,199 |
1,435 |
2,377 |
|
|
AK1 diamonds produced ('000 carats) |
2,459 |
2,455 |
1,813 |
3,217 |
3,374 |
4,920 |
6,591 |
|
|
Diavik Diamonds |
60.0% |
|
|
|||||
|
Northwest Territories, Canada |
|
|
||||||
|
Ore processed ('000 tonnes) |
617 |
560 |
512 |
476 |
565 |
1,204 |
1,041 |
|
|
Diamonds recovered ('000 carats) |
2,150 |
1,673 |
1,545 |
1,498 |
2,141 |
4,015 |
3,639 |
|
|
Murowa Diamonds (a) |
0% |
|
|
|||||
|
Zimbabwe |
|
|
||||||
|
Ore processed ('000 tonnes) |
135 |
153 |
160 |
117 |
95 |
277 |
212 |
|
|
Diamonds recovered ('000 carats) |
107 |
116 |
130 |
51 |
48 |
196 |
99 |
|
|
|
||||||||
|
Rio Tinto percentage interest shown above is at 30 June 2015. The data represent full production and sales on a 100% basis unless otherwise stated. |
||||||||
Page 23 of 25
|
Rio Tinto operational data |
||||||||
|
|
Rio Tinto
|
2Q
|
3Q
|
4Q
|
1Q
|
2Q |
1H
|
1H |
|
|
|
|||||||
|
IRON ORE |
|
|
||||||
|
Rio Tinto Iron Ore |
|
|
||||||
|
Western Australia |
|
|
||||||
|
Pilbara Operations |
|
|
||||||
|
Saleable iron ore production ('000 tonnes) |
|
|
||||||
|
Hamersley mines |
(a) |
39,742 |
41,837 |
45,239 |
42,177 |
45,807 |
76,087 |
87,984 |
|
Hamersley - Channar |
60.0% |
2,737 |
2,938 |
2,502 |
2,145 |
2,792 |
5,474 |
4,936 |
|
Hope Downs |
50.0% |
10,187 |
11,292 |
11,677 |
11,358 |
10,518 |
19,746 |
21,876 |
|
Robe River - Pannawonica (Mesas J and A) |
53.0% |
8,547 |
9,144 |
8,677 |
7,585 |
8,306 |
16,714 |
15,891 |
|
Robe River - West Angelas |
53.0% |
7,845 |
7,657 |
7,198 |
7,810 |
7,797 |
14,409 |
15,607 |
|
Total production ('000 tonnes) |
|
69,057 |
72,868 |
75,292 |
71,075 |
75,221 |
132,430 |
146,295 |
|
Breakdown of total production: |
|
|
||||||
|
Pilbara Blend Lump |
18,688 |
19,416 |
20,298 |
20,231 |
21,990 |
35,719 |
42,221 |
|
|
Pilbara Blend Fines |
28,397 |
30,711 |
31,213 |
30,641 |
31,007 |
53,192 |
61,648 |
|
|
Robe Valley Lump |
2,863 |
3,051 |
3,002 |
2,796 |
2,907 |
5,529 |
5,703 |
|
|
Robe Valley Fines |
5,684 |
6,093 |
5,675 |
4,789 |
5,399 |
11,185 |
10,188 |
|
|
Yandicoogina Fines (HIY) |
|
13,425 |
13,597 |
15,105 |
12,618 |
13,918 |
26,805 |
26,536 |
|
Breakdown of total sales: |
|
|
||||||
|
Pilbara Blend Lump |
16,246 |
17,378 |
17,295 |
16,832 |
18,635 |
31,217 |
35,467 |
|
|
Pilbara Blend Fines |
32,871 |
33,380 |
37,370 |
32,904 |
36,841 |
60,691 |
69,745 |
|
|
Robe Valley Lump |
2,764 |
2,651 |
2,708 |
2,373 |
2,491 |
5,029 |
4,864 |
|
|
Robe Valley Fines |
6,247 |
6,124 |
6,514 |
4,845 |
5,277 |
11,678 |
10,122 |
|
|
Yandicoogina Fines (HIY) |
13,712 |
14,198 |
14,628 |
12,336 |
14,004 |
27,444 |
26,340 |
|
|
Total sales ('000 tonnes) (b) |
|
71,841 |
73,731 |
78,515 |
69,290 |
77,248 |
136,059 |
146,538 |
|
|
||||||||
|
Iron Ore Company of Canada |
58.7% |
|
|
|||||
|
Newfoundland & Labrador and Quebec in Canada |
|
|
||||||
|
Saleable iron ore production: |
|
|
||||||
|
Concentrates ('000 tonnes) |
1,924 |
1,593 |
1,439 |
1,370 |
2,120 |
2,994 |
3,490 |
|
|
Pellets ('000 tonnes) |
2,104 |
2,322 |
2,388 |
2,223 |
2,336 |
4,038 |
4,558 |
|
|
Sales: |
|
|
||||||
|
Concentrates ('000 tonnes) |
1,904 |
2,288 |
1,246 |
711 |
1,894 |
2,537 |
2,605 |
|
|
Pellets ('000 tonnes) |
|
1,931 |
1,996 |
2,402 |
2,490 |
2,288 |
3,807 |
4,779 |
|
Global Iron Ore Totals |
|
|
||||||
|
Iron Ore Production ('000 tonnes) |
73,085 |
76,784 |
79,119 |
74,667 |
79,676 |
139,462 |
154,343 |
|
|
Iron Ore Sales ('000 tonnes) |
75,675 |
78,014 |
82,163 |
72,491 |
81,430 |
142,403 |
153,921 |
|
|
Rio Tinto percentage interest shown above is at 30 June 2015. The data represent full production and sales on a 100% basis unless otherwise stated. |
||||||||
Page 24 of 25
|
Rio Tinto operational data |
||||||||
|
|
Rio Tinto
|
2Q
|
3Q
|
4Q
|
1Q
|
2Q |
1H
|
1H |
|
|
|
|||||||
|
SALT |
|
|
||||||
|
Dampier Salt |
68.4% |
|
|
|||||
|
Western Australia |
|
|
||||||
|
Salt production ('000 tonnes) |
|
2,616 |
2,293 |
2,709 |
2,074 |
1,745 |
4,936 |
3,819 |
|
|
|
|||||||
|
TITANIUM DIOXIDE SLAG |
|
|
||||||
|
Rio Tinto Iron & Titanium |
100.0% |
|
|
|||||
|
Canada and South Africa |
|
|
||||||
|
(Rio Tinto share) (a) |
|
|
||||||
|
Titanium dioxide slag ('000 tonnes) |
372 |
365 |
316 |
322 |
301 |
762 |
624 |
|
|
|
||||||||
|
|
|
|||||||
|
URANIUM |
|
|
||||||
|
Energy Resources of Australia Ltd |
|
|
|
|
||||
|
Ranger mine (a) |
68.4% |
|
|
|
|
|||
|
Northern Territory, Australia |
|
|
|
|
||||
|
U3O8 Production ('000 lbs) |
0 |
1,247 |
1,322 |
1,078 |
861 |
0 |
1,939 |
|
|
|
||||||||
|
Rössing Uranium Ltd |
68.6% |
|
|
|||||
|
Namibia |
|
|
||||||
|
U3O8 Production ('000 lbs) |
664 |
896 |
902 |
397 |
791 |
1,603 |
1,188 |
|
|
Rio Tinto percentage interest shown above is at 30 June 2015. The data represent full production and sales on a 100% basis unless otherwise stated. |
||||||||
Page 25 of 25
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