logo
  

Rio Tinto Q2 Pilbara Iron Ore Production Up 4%

Anglo-Australian mining giant Rio Tinto Plc (RTNTF,RIO,RIO.L, RTPPF) said that its Pilbara iron ore production for the second quarter rose 4 percent to 78.6 million tonnes, while Pilbara iron ore shipments grew by 5 percent to 79.9 million tonnes.

While significantly higher than average rainfall in May impacted mine production, continued focus on mine pit health and commissioning of Gudai-Darri supported a stronger second quarter, the company said in a statement.

Full year iron ore shipments guidance remains unchanged at 320 million tonnes to 335 million tonnes.

Bauxite production for the second quarter was 14.1 million tonnes up 3% from the prior year due to strong operational performance at Weipa as a result of improved plant reliability at Amrun.

Quarterly aluminium production of 0.7 million tonnes was 10% lower than the second quarter of 2021 due to reduced capacity at our Kitimat smelter in British Columbia following the strike which commenced in July 2021.

Annual aluminium production guidance has been lowered to 3.0 million tonnes to 3.1 million tonnes from the prior outlook of 3.1 million tonnes to 3.2 million tonnes.

For comments and feedback contact: editorial@rttnews.com

Business News

Editors Pick
United Airlines and Archer Aviation Inc. announced plans to launch the first commercial electric air taxi route in Chicago, between O'Hare International Airport or ORD and Vertiport Chicago. As part of their urban air mobility or UAM network buildout, both companies will utilize Archer's electric vertical takeoff and landing or eVTOL aircraft in the new route. Fort Wayne, Indiana-based Perfection Bakeries D/B/A Aunt Millie's is recalling 8 ct. packages of Our Family White Hot Dog Buns citing the possible presence of undeclared sesame, a known allergen, the U.S. Food and Drug Administration said. The product comes in a printed plastic package marked with "Our Family Hot Dog Buns 8 ct." on the top and has a blue twist tie. Parsippany, New Jersey -based Ascend Laboratories LLC. is recalling Dabigatran Etcxilate capsules citing the detection of N-Nitrosodimethylamine or NDMA impurity, a probable human carcinogen, the U.S. Food and Drug Administration said. The product is used as an oral anticoagulant to lower the risk of stroke and blood clots.
Follow RTT