Ceramic Industry News

Rio Tinto Sees Increasing Bauxite Demand

July 18, 2011
/ Print / Reprints /
/ Text Size+

Rio Tinto recently released its second quarter 2011 operations review. “Operations largely recovered from the severe weather impacts earlier this year, although some port and rail constraints remained,” said Tom Albanese, chief executive. “This quarter was also characterized by continued strong prices for most of our metals and minerals, but with worsening adverse exchange rates and some input cost pressures. Our growth program was boosted by the successful $4 billion acquisition of Riversdale, giving us further options to develop our tier-one assets.”

Bauxite production was 11% higher than the second quarter of 2010, notably at Weipa, driven by increased third-party demand. Alumina production is gradually recovering from the abnormally heavy rains between December 2010 and April 2011, which primarily impacted Queensland Alumina’s production, affecting bauxite and coal quality, equipment reliability, and freight costs.

The impact of the inclement weather is expected to lower Rio Tinto Alcan’s underlying earnings by approximately $130 million in the first half of 2011 compared with the first half of 2010, due to lost alumina tonnage and higher costs in mining, refining, and power generation, with a smaller impact continuing into the second half of 2011.

For more information, visit www.riotinto.com.

Did you enjoy this article? Click here to subscribe to Ceramic Industry Magazine.

You must login or register in order to post a comment.



Image Galleries

May 2014 Issue Highlights

Our May 2014 issue is now available!


Sapphire: An Extreme Performer

Ian Doggett of Goodfellow and CI Editor Susan Sutton discuss the benefits and opportunities provided by industrial sapphire.

More Podcasts

Ceramic Industry Magazine

CI August 2014 cover

2014 August

Explore technical ceramics, glasses and refractories in our August issue!

Table Of Contents Subscribe


M:\General Shared\__AEC Store Katie Z\AEC Store\Images\Ceramics Industry\handbook of advanced ceramics.gif
Handbook of Advanced Ceramics Machining

Ceramics, with their unique properties and diverse applications, hold the potential to revolutionize many industries, including automotive and semiconductors.

More Products

Clear Seas Research

Clear Seas ResearchWith access to over one million professionals and more than 60 industry-specific publications,Clear Seas Research offers relevant insights from those who know your industry best. Let us customize a market research solution that exceeds your marketing goals.


CI Data Book July 2012

Ceramic Industry's Directories including Components, Equipment Digest, Services, Data Book & Buyers Guide, Materials Handbook and much more!


facebook_40px twitter_40px  youtube_40pxlinkedin_40google+ icon 40px