RIO TINTO AT A GLANCE: First-half production results

Summary of Rio Tinto’s first half production results for the six months ended June 30 (Rio Tinto share unless otherwise indicated, year-on-year change).

Iron ore shipments (100% basis)
168.8 million tonnes, +9%
Iron ore production (100% basis)
168.7 million tonnes, +7%
Hard coking coal
3.276 million tonnes, +4%
Copper, mined
296.1 million tonnes, +42%
Copper, refined
117.9 million tonnes, +53%
Bauxite
25.931 million tonnes, +7%
Alumina
3.988 million tonnes, -2%
Aluminium
1.704 million tonnes, -4%
Effects of tariffs, sanctions, strikes
The Anglo-Australian metals and mining multinational reported a net income of $4.38 million in the first six months of 2018, up by 33% from the corresponding period in 2017.

In Rio Tinto’s aluminium operations, the company “benefited from higher market premiums for aluminium, in particular the mid-west premium in the United States, which averaged $463 per tonne...

Published

Michael Roh

August 01, 2018

20:30 GMT

New York