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Rio Tinto recently announced it achieved strong first quarter production. Bauxite production reportedly set a new first quarter record, and was 5% higher than the same period in 2013. Production was lower than in the fourth quarter of 2013 due to maintenance activities, adverse weather and the Gove bauxite mine adjusting to the curtailment of production at the Gove alumina refinery. First quarter alumina production was 17% higher than the same period in 2013 due to the non-recurrence of weather conditions experienced in the first quarter of 2013.
“Rio Tinto has started the year with a series of performance records as we continue to drive productivity gains across our operations,” said Sam Walsh, chief executive. “Our Pilbara iron ore business has again set new benchmarks for production, shipments and rail volumes for the first quarter, and we are well on track to reach nameplate capacity of 290Mt/a by the end of the first half of 2014. Our mined copper production benefited from higher ore grades at Kennecott Utah Copper and production ramp up at Oyu Tolgoi, and we also had a record first quarter for bauxite, primarily driven by higher production at Weipa.”
For more information, visit www.riotinto.com.