Ceramic Industry News

Rio Tinto Sets Production Records in Second Quarter (posted 8/4/08)

August 4, 2008
/ Print / Reprints /
ShareMore
/ Text Size+
In the second quarter of 2008, Rio Tinto Alcan’s production levels increased for bauxite (100%) and alumina (231%).

Commenting on Rio Tinto’s second quarter 2008 production results, chief executive Tom Albanese said, “Strong results show that we are continuing to expand to meet rapid demand growth in the developing world. We have set quarterly production records for iron ore, mined copper and alumina, thanks to increasing investment in growth projects and a management commitment to deliver more tonnes faster, while maintaining our focus on safety and costs.

“The integration of Alcan is proceeding to plan and the business continues to perform well. I am particularly pleased to see how swiftly our Australian coal operations recovered from the first quarter floods. Chinese GDP is continuing to grow at around 10% per annum, demand is strong while supply remains constrained. Fundamentals, not financial speculation, are driving the record prices we are realizing across aluminum, copper, iron ore and coal, and we see the same trends continuing into the future.”

In the second quarter of 2008, Rio Tinto Alcan’s production levels increased for bauxite (100%), alumina (231%) and aluminum (374%) compared with the second quarter of 2007, reflecting the acquisition of Alcan in the fourth quarter of 2007. On a proforma basis, the respective increases for bauxite, alumina and aluminum were 11%, 9% and 1%.

The second quarter also saw strong performance from the minerals businesses, with borates production up 18% and titanium dioxide feedstocks 10% higher than the second quarter of 2007. Visit www.riotinto.com for additional information.

Links

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

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

Multimedia

Videos

Image Galleries

In-Depth Features

These articles detail innovative advanced ceramic and glass materials and technologies.

Podcasts

Sapphire: An Extreme Performer

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

More Podcasts

THE MAGAZINE

Ceramic Industry Magazine

CI April 2014 cover

2014 April

Our April issue features details on advanced materials such as ceramic matrix composites and piezoelectric ceramics, among many others. Be sure to check it out!

Table Of Contents Subscribe

THE CERAMIC INDUSTRY STORE

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.

Directories

CI Data Book July 2012

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

STAY CONNECTED

facebook_40px twitter_40px  youtube_40pxlinkedin_40