RIO TINTO AT A GLANCE: Q3 copper, aluminium production down due to outages

Rio Tinto's copper and aluminium production dropped due to unexpected shutdowns during the third quarter.

The company's Yarwun alumina refinery in Australia shut over the third quarter for 35 days; the shutdown has since ended. Total alumina production was down by 7% during the third quarter at 1.8 million tonnes. At $278.25 per tonne, the Fastmarkets Alumina index, fob Australia has sunk to around two-year lows amid renewed supply from Hydro's Alunorte plant in Brazil. The shutdown meant that Rio ended up shipping...

Published

Archie Hunter

October 18, 2019

18:15 GMT

London