REG - Rio Tinto - Rio Tinto first quarter production results <Origin Href="QuoteRef">RIO.L</Origin> - Part 2
26/04/2016 16:56
- Part 2: For the preceding part double click ID:nRSS5734Va
refinery - Queensland 100.0% 683 700 703 778 785 2,864
Brazil
São Luis (Alumar) refinery 10.0% 862 940 928 937 903 3,667
Canada
Jonquière (Vaudreuil) refinery - Quebec (a) 100.0% 360 359 369 361 377 1,449
(a) Jonquière's (Vaudreuil's) production shows smelter grade alumina only and excludes hydrate produced and used for specialty alumina.
Specialty Alumina - Aluminium Group
Specialty alumina production ('000 tonnes)
Canada
Jonquière (Vaudreuil) plant - Quebec 100.0% 27 30 27 26 25 110
Rio Tinto percentage interest shown above is at 31 March 2016. The data represent full production and sales on a 100% basis unless otherwise stated.
Rio Tinto operational data
Rio Tinto 1Q 2Q 3Q 4Q 1Q Full Year
interest 2015 2015 2015 2015 2016 2015
ALUMINIUM
Primary Aluminium
Primary aluminium production ('000 tonnes)
Australia
Bell Bay smelter - Tasmania 100.0% 46 47 48 49 45 191
Boyne Island smelter - Queensland 59.4% 142 145 146 146 145 579
Tomago smelter - New South Wales 51.6% 141 145 147 146 145 579
Canada
Alma smelter - Quebec 100.0% 115 116 117 118 117 466
Alouette (Sept-Îles) smelter - Quebec 40.0% 147 152 153 153 152 606
Arvida smelter - Quebec 100.0% 43 43 43 44 43 173
Arvida AP60 smelter - Quebec 100.0% 14 15 15 15 15 59
Bécancour smelter - Quebec 25.1% 105 113 108 111 113 437
Grande-Baie smelter - Quebec 100.0% 54 55 56 57 56 221
Kitimat smelter - British Columbia 100.0% 20 15 23 51 83 110
Laterrière smelter - Quebec 100.0% 60 61 61 62 61 244
France
Dunkerque smelter 100.0% 67 68 69 70 69 275
Iceland
ISAL (Reykjavik) smelter 100.0% 51 51 48 50 50 201
New Zealand
Tiwai Point smelter 79.4% 82 83 84 85 84 333
Oman
Sohar smelter 20.0% 93 94 94 96 97 377
United Kingdom
Lochaber smelter 100.0% 12 12 12 12 12 47
Rio Tinto percentage interest shown above is at 31 March 2016. The data represent full production and sales on a 100% basis unless otherwise stated.
Rio Tinto operational data
Rio Tinto 1Q 2Q 3Q 4Q 1Q Full Year
interest 2015 2015 2015 2015 2016 2015
BAUXITE
Bauxite production ('000 tonnes)
Australia
Gove mine - Northern Territory 100.0% 1,710 1,863 1,966 1,959 2,214 7,497
Weipa mine - Queensland 100.0% 6,704 6,941 7,119 6,899 6,524 27,663
Brazil
Porto Trombetas (MRN) mine 12.0% 3,651 3,723 4,351 4,437 3,805 16,162
Guinea
Sangaredi mine (a) 23.0% 3,627 3,209 3,735 4,044 4,205 14,615
Rio Tinto share of bauxite shipments
Share of total bauxite shipments ('000 tonnes) 10,487 10,926 11,159 10,890 11,153 43,462
Share of third party bauxite shipments ('000 tonnes) 6,372 6,848 6,773 6,576 6,768 26,569
(a) Rio Tinto has a 22.95% shareholding in the Sangaredi mine but benefits from 45.0% of production.
Rio Tinto percentage interest shown above is at 31 March 2016. The data represent full production and sales on a 100% basis unless otherwise stated.
Rio Tinto operational data
Rio Tinto 1Q 2Q 3Q 4Q 1Q Full Year
interest 2015 2015 2015 2015 2016 2015
BORATES
Rio Tinto Minerals - borates 100.0%
US
Borates ('000 tonnes) (a) 129 124 115 107 127 476
(a) Production is expressed as B2O3 content.
COAL
Rio Tinto Coal Australia
Bengalla mine (a) 0.0%
New South Wales
Thermal coal ('000 tonnes) 2,341 1,776 2,036 2,166 1,476 8,319
Hail Creek Coal mine 82.0%
Queensland
Hard coking coal ('000 tonnes) 1,450 1,645 1,740 1,383 1,492 6,218
Thermal coal ('000 tonnes) 884 733 773 856 1,091 3,245
Hunter Valley Operations (b) 67.6%
New South Wales
Semi-soft coking coal ('000 tonnes) 574 976 731 685 964 2,966
Thermal coal ('000 tonnes) 2,730 1,974 2,406 2,939 1,911 10,048
Kestrel Coal mine 80.0%
Queensland
Hard coking coal ('000 tonnes) 1,017 940 536 957 948 3,450
Thermal coal ('000 tonnes) 118 178 109 231 173 637
Mount Thorley Operations (b) 80.0%
New South Wales
Semi-soft coking coal ('000 tonnes) 485 263 396 254 466 1,398
Thermal coal ('000 tonnes) 551 809 854 602 742 2,815
Rio Tinto percentage interest shown above is at 31 March 2016. The data represent full production and sales on a 100% basis unless otherwise stated.
Rio Tinto operational data
Rio Tinto 1Q 2Q 3Q 4Q 1Q Full Year
interest 2015 2015 2015 2015 2016 2015
COAL (continued)
Warkworth mine (b) 55.6%
New South Wales
Semi-soft coking coal ('000 tonnes) 287 170 201 194 267 853
Thermal coal ('000 tonnes) 1,478 1,499 1,740 1,945 1,672 6,663
Total hard coking coal production ('000 tonnes) 2,467 2,585 2,277 2,340 2,440 9,668
Total semi-soft coking coal production ('000 tonnes) 1,347 1,408 1,329 1,133 1,697 5,217
Total thermal coal production ('000 tonnes) 8,101 6,968 7,918 8,739 7,065 31,727
Total coal production ('000 tonnes) 11,915 10,961 11,524 12,212 11,202 46,612
Total coal sales ('000 tonnes) 11,926 11,016 11,455 12,261 11,047 46,658
Rio Tinto Coal Australia share (c)
Share of hard coking coal sales ('000 tonnes) 1,925 2,405 1,722 2,018 2,099 8,070
Share of semi-soft coal sales ('000 tonnes) (d) 929 963 932 784 1,122 3,609
Share of thermal coal sales ('000 tonnes) (d) 4,781 3,913 4,689 5,037 4,287 18,420
(a) Rio Tinto sold its interest in the Bengalla Joint Venture
with an effective date of 1 March 2016.
(b) As a result of a restructure of the Coal & Allied group,
which completed on 3 February 2016, Rio Tinto obtained 100%
ownership of Coal & Allied and Mitsubishi obtained a direct
interest of 32.4% in the newly created Hunter Valley Operations
joint venture, which owns the Hunter Valley Operations mine.
Updated ownership reflects these changes. Rio Tinto's updated
interest in Hunter Valley Operations, Mt Thorley and Warkworth
mines are 67.6%, 80% and 55.57% respectively. Historical
production prior to the date of the restructure, reflects
previous ownership in the Hunter Valley Operations, Mt Thorley
and Warkworth mines of 80%, 64% and 44.46% respectively.
(c) Kestrel and Hail Creek produce hard coking coal and thermal
coal through their mining operations. Both mines may blend coal
types at ports.
(d) Sales relate only to coal mined by the operations and
exclude traded coal.
Rio Tinto percentage interest shown above is at 31 March 2016.
The data represent full production and sales on a 100% basis
unless otherwise stated.
Rio Tinto operational data
Rio Tinto 1Q 2Q 3Q 4Q 1Q Full Year
interest 2015 2015 2015 2015 2016 2015
COPPER & GOLD
Escondida 30.0%
Chile
Sulphide ore to concentrator ('000 tonnes) 21,382 22,909 22,820 18,076 21,188 85,186
Average copper grade (%) 1.49 1.32 1.00 0.99 0.99 1.21
Mill production (metals in concentrates):
Contained copper ('000 tonnes) 270.6 249.6 169.7 138.6 175.8 828.5
Contained gold ('000 ounces) 21 26 24 18 31 89
Contained silver ('000 ounces) 1,355 1,314 1,181 962 1,544 4,812
Recoverable copper in ore stacked for leaching ('000 tonnes) (a) 83.5 78.5 76.5 81.8 88.8 320.3
Refined production from leach plants:
Copper cathode production ('000 tonnes) 77.3 88.8 71.5 88.7 84.8 326.3
(a) The calculation of copper in material mined for leaching is based on ore stacked at the leach pad.
Freeport-McMoRan Copper & Gold
Grasberg mine (a) 0.0% (b)
Papua, Indonesia
Ore treated ('000 tonnes) 14,123 16,095 14,855 14,248 16,794 59,322
Average mill head grades:
Copper (%) 0.57 0.67 0.68 0.75 0.75 0.67
Gold (g/t) 0.68 0.86 0.71 0.92 0.51 0.79
Silver (g/t) 2.13 2.44 2.50 2.92 1.92 2.50
Production of metals in concentrates:
Copper in concentrates ('000 tonnes) 72.2 96.5 90.1 94.5 109.0 353.3
Gold in concentrates ('000 ounces) 262 371 282 355 214 1,270
Silver in concentrates ('000 ounces) 558 759 723 778 590 2,818
Sales of payable metals in concentrates: (c)
Copper in concentrates ('000 tonnes) 70.4 88.8 89.9 88.7 106.5 337.8
Gold in concentrates ('000 ounces) 260 346 286 332 222 1,224
Silver in concentrates ('000 ounces) 435 558 574 567 484 2,134
(a) Through a joint venture agreement with Freeport-McMoRan (FCX), Rio Tinto is entitled to 40% of additional material mined as a consequence of expansions and developments of the Grasberg facilities since 1998. The 1Q 2016 results show the forecast from FCX's most recent five-year plan, because FCX is not releasing its actual 100% operating data for 1Q 2016 until the release of its 2016 first quarter results on 26 April 2016.
(b) Rio Tinto share of Grasberg production is 40% of the expansion.
(c) Net of smelter deductions.
Rio Tinto percentage interest shown above is at 31 March 2016. The data represent full production and sales on a 100% basis unless otherwise stated.
Rio Tinto operational data
Rio Tinto 1Q 2Q 3Q 4Q 1Q Full Year
interest 2015 2015 2015 2015 2016 2015
COPPER & GOLD (continued)
Rio Tinto Kennecott
Barneys Canyon mine (a) 100.0%
Utah, US
Gold produced ('000 ounces) 0.0 0.0 0.0 0.0 0.0 0.0
Bingham Canyon mine 100.0%
Utah, US
Ore treated ('000 tonnes) 9,819 8,208 8,581 8,224 7,386 34,831
Average ore grade:
Copper (%) 0.31 0.25 0.30 0.35 0.51 0.30
Gold (g/t) 0.21 0.17 0.17 0.15 0.19 0.18
Silver (g/t) 2.22 1.99 2.07 1.45 1.85 1.95
Molybdenum (%) 0.041 0.046 0.035 0.023 0.015 0.037
Copper concentrates produced ('000 tonnes) 133 84 116 136 153 470
Average concentrate grade (% Cu) 19.9 20.6 18.9 18.8 22.4 19.5
Production of metals in copper concentrates:
Copper ('000 tonnes) (b) 26.6 17.4 22.2 25.7 34.2 92.0
Gold ('000 ounces) 45 29 31 26 26 131
Silver ('000 ounces) 486 310 362 300 342 1,458
Molybdenum concentrates produced ('000 tonnes): 5.2 5.0 3.4 1.2 0.2 14.9
Molybdenum in concentrates ('000 tonnes) 2.7 2.6 1.8 0.6 0.1 7.6
(a) Mining operations ceased in the first quarter of 2002. Gold continues to be recovered from leach pads.
(b) Includes a small amount of copper in precipitates.
Kennecott smelter & refinery 100.0%
Copper concentrates smelted ('000 tonnes) 148 99 113 143 158 503
Copper anodes produced ('000 tonnes) (a) 35.1 19.1 17.1 24.7 32.0 96.0
Production of refined metal:
Copper ('000 tonnes) 45.0 33.2 14.3 22.6 25.8 115.2
Gold ('000 ounces) (b) 62.2 51.6 34.1 31.0 29.8 179.0
Silver ('000 ounces) (b) 698 501 296 348 348 1,843
(a) New metal excluding recycled material.
(b) Includes gold and silver in intermediate products.
Rio Tinto percentage interest shown above is at 31 March 2016. The data represent full production and sales on a 100% basis unless otherwise stated.
Rio Tinto operational data
Rio Tinto 1Q 2Q 3Q 4Q 1Q Full Year
interest 2015 2015 2015 2015 2016 2015
COPPER & GOLD (continued)
Turquoise Hill Resources
Oyu Tolgoi mine (a) 33.5%
Mongolia
Ore Treated ('000 tonnes) 7,512 9,025 8,632 9,369 9,662 34,537
Average mill head grades:
Copper (%) 0.52 0.69 0.75 0.69 0.70 0.67
Gold (g/t) 0.48 1.09 0.56 0.92 0.63 0.78
Silver (g/t) 1.16 1.46 1.90 1.67 1.92 1.56
Copper concentrates produced ('000 tonnes) 130.9 215.5 210.3 231.8 229.5 788.5
Average concentrate grade (% Cu) 25.7 25.6 26.6 24.7 25.1 25.6
Production of metals in concentrates:
Copper in concentrates ('000 tonnes) 33.6 55.3 56.0 57.3 57.6 202.2
Gold in concentrates ('000 ounces) 85.6 238.1 122.6 207.1 143.5 653.4
Silver in concentrates ('000 ounces) 184 297 388 355 395 1,223
Sales of metals in concentrates:
Copper in concentrates ('000 tonnes) 42.1 46.3 58.2 54.7 51.2 201.3
Gold in concentrates ('000 ounces) 200 177 200 160 175 737
Silver in concentrates ('000 ounces) 219 245 334 360 305 1,158
(a) Rio Tinto owns a 33.52% indirect interest in Oyu Tolgoi through its 50.79% interest in Turquoise Hill Resources.
Rio Tinto percentage interest shown above is at 31 March 2016. The data represent full production and sales on a 100% basis unless otherwise stated.
Rio Tinto operational data
Rio Tinto 1Q 2Q 3Q 4Q 1Q Full Year
interest 2015 2015 2015 2015 2016 2015
DIAMONDS
Argyle Diamonds 100.0%
Western Australia
AK1 ore processed ('000 tonnes) 1,178 1,199 1,339 1,127 1,151 4,843
AK1 diamonds produced ('000 carats) 3,217 3,374 3,514 3,368 3,391 13,472
Diavik Diamonds 60.0%
Northwest Territories, Canada
Ore processed ('000 tonnes) 476 565 478 465 557 1,984
Diamonds recovered ('000 carats) 1,498 2,141 1,269 1,498 1,885 6,406
Murowa Diamonds (a) 0.0%
Zimbabwe
Ore processed ('000 tonnes) 117 95 - - - 212
Diamonds recovered ('000 carats) 51 48 - - - 99
(a) Rio Tinto sold its 77.8% interest in Murowa Diamonds with an effective date of 17 June 2015. Production data are shown up to that date.
Rio Tinto percentage interest shown above is at 31 March 2016. The data represent full production and sales on a 100% basis unless otherwise stated.
Rio Tinto operational data
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