REG - Rio Tinto - Rio Tinto fourth quarter production results <Origin Href="QuoteRef">RIO.L</Origin> - Part 3
17/01/2017 07:05
- Part 3: For the preceding part double click ID:nRSQ3007Ub
300 342 329 522 751 1,458 1,943
Molybdenum concentrates produced ('000 tonnes): 1.2 0.2 0.3 1.6 3.4 14.9 5.6
Molybdenum in concentrates ('000 tonnes) 0.6 0.1 0.2 0.8 1.8 7.6 2.8
(a) Includes a small amount of copper in precipitates.
Kennecott smelter & refinery 100.0%
Copper concentrates smelted ('000 tonnes) 143 158 167 220 207 503 752
Copper anodes produced ('000 tonnes) (a) 24.7 32.0 33.1 56.1 42.7 96.0 163.8
Production of refined metal:
Copper ('000 tonnes) 22.6 25.8 24.6 39.1 67.0 115.2 156.5
Gold ('000 ounces) (b) 31.0 29.8 35.3 29.7 40.6 179.0 135.4
Silver ('000 ounces) (b) 348 348 587 415 465 1,843 1,815
(a) New metal excluding recycled material.
(b) Includes gold and silver in intermediate products.
Rio Tinto percentage interest shown above is at 31 December 2016. The data represent full production and sales on a 100% basis unless otherwise stated.
Rio Tinto operational data
Rio Tinto 4Q 1Q 2Q 3Q 4Q Full Year Full Year
interest 2015 2016 2016 2016 2016 2015 2016
COPPER & GOLD (continued)
Turquoise Hill Resources
Oyu Tolgoi mine (a) 33.5%
Mongolia
Ore Treated ('000 tonnes) 9,369 9,662 9,525 9,146 9,819 34,537 38,152
Average mill head grades:
Copper (%) 0.69 0.70 0.64 0.66 0.61 0.67 0.65
Gold (g/t) 0.92 0.63 0.33 0.21 0.25 0.78 0.36
Silver (g/t) 1.67 1.92 1.92 1.99 1.50 1.56 1.83
Copper concentrates produced ('000 tonnes) 231.8 229.5 207.1 203.2 206.7 788.5 846.6
Average concentrate grade (% Cu) 24.7 25.1 24.9 22.9 22.0 25.6 23.8
Production of metals in concentrates:
Copper in concentrates ('000 tonnes) 57.3 57.6 51.7 46.6 45.5 202.2 201.3
Gold in concentrates ('000 ounces) 207.1 143.5 69.6 37.4 49.4 653.4 300.0
Silver in concentrates ('000 ounces) 355 395 391 361 273 1,223 1,420
Sales of metals in concentrates:
Copper in concentrates ('000 tonnes) 54.7 51.2 54.4 45.7 37.6 201.3 188.9
Gold in concentrates ('000 ounces) 160 175 95 38 39 737 347
Silver in concentrates ('000 ounces) 360 305 395 341 239 1,158 1,280
(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 December 2016. The data represent full production and sales on a 100% basis unless otherwise stated.
Rio Tinto operational data
Rio Tinto 4Q 1Q 2Q 3Q 4Q Full Year Full Year
interest 2015 2016 2016 2016 2016 2015 2016
DIAMONDS
Argyle Diamonds 100.0%
Western Australia
AK1 ore processed ('000 tonnes) 1,127 1,151 1,314 1,349 1,283 4,843 5,097
AK1 diamonds produced ('000 carats) 3,368 3,391 3,489 3,493 3,584 13,472 13,958
Diavik Diamonds 60.0%
Northwest Territories, Canada
Ore processed ('000 tonnes) 465 557 535 582 539 1,984 2,214
Diamonds recovered ('000 carats) 1,498 1,885 1,579 1,545 1,649 6,406 6,658
Murowa Diamonds (a) 0.0%
Zimbabwe
Ore processed ('000 tonnes) - - - - - 212 -
Diamonds recovered ('000 carats) - - - - - 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 December 2016. The data represent full production and sales on a 100% basis unless otherwise stated.
Rio Tinto operational data
Rio Tinto 4Q 1Q 2Q 3Q 4Q Full Year Full Year
interest 2015 2016 2016 2016 2016 2015 2016
IRON ORE
Rio Tinto Iron Ore
Western Australia
Pilbara Operations
Saleable iron ore production ('000 tonnes)
Hamersley mines (a) 51,324 48,468 50,284 52,302 54,848 189,421 205,902
Hamersley - Channar 60.0% 2,606 2,539 2,386 2,941 1,866 10,561 9,731
Hope Downs 50.0% 11,690 11,799 11,847 11,775 11,588 44,745 47,010
Robe River - Pannawonica (Mesas J and A) 53.0% 8,062 8,395 7,964 7,940 8,477 32,482 32,776
Robe River - West Angelas 53.0% 8,573 8,700 8,400 8,196 8,748 32,665 34,044
Total production ('000 tonnes) 82,255 79,902 80,882 83,154 85,526 309,876 329,463
Breakdown of total production:
Pilbara Blend Lump 24,116 23,355 23,180 24,478 24,902 90,643 95,915
Pilbara Blend Fines 36,408 34,732 35,098 35,986 36,988 132,728 142,804
Robe Valley Lump 2,660 2,969 2,717 2,799 3,066 11,202 11,551
Robe Valley Fines 5,402 5,427 5,248 5,141 5,411 21,280 21,226
Yandicoogina Fines (HIY) 13,669 13,420 14,640 14,750 15,159 54,022 57,968
Breakdown of total sales:
Pilbara Blend Lump 21,960 19,149 20,914 20,377 21,943 78,574 82,383
Pilbara Blend Fines 41,266 37,199 38,807 37,200 42,225 152,706 155,431
Robe Valley Lump 2,516 2,400 2,408 2,540 2,835 10,031 10,183
Robe Valley Fines 6,144 5,459 5,523 5,790 5,761 22,390 22,533
Yandicoogina Fines (HIY) 14,569 12,533 14,553 15,008 14,969 54,843 57,062
Total sales ('000 tonnes) (b) 86,454 76,739 82,205 80,916 87,732 318,544 327,592
(a) Includes 100% of production from Paraburdoo, Mt Tom Price, Marandoo, Yandicoogina, Brockman, Nammuldi and the Eastern Range mines. Whilst Rio Tinto owns 54% of the Eastern Range mine, under the terms of the joint venture agreement, Hamersley Iron manages the operation and is obliged to purchase all mine production from the joint venture and therefore all of the production is included in Rio Tinto's share of production.
(b) Sales represent iron ore exported from Western Australian ports.
Iron Ore Company of Canada 58.7%
Newfoundland & Labrador and Quebec in Canada
Saleable iron ore production:
Concentrates ('000 tonnes) 2,865 2,114 2,056 2,272 1,915 8,394 8,357
Pellets ('000 tonnes) 2,036 2,006 2,326 2,710 2,756 9,297 9,798
Sales:
Concentrates ('000 tonnes) 2,656 2,060 2,147 2,182 1,955 8,411 8,344
Pellets ('000 tonnes) 2,180 1,990 2,407 2,582 3,004 9,603 9,983
Global Iron Ore Totals
Iron Ore Production ('000 tonnes) 87,157 84,022 85,265 88,136 90,196 327,567 347,619
Iron Ore Sales ('000 tonnes) 91,291 80,789 86,759 85,679 92,692 336,558 345,918
Rio Tinto percentage interest shown above is at 31 December 2016. The data represent full production and sales on a 100% basis unless otherwise stated.
Rio Tinto operational data
Rio Tinto 4Q 1Q 2Q 3Q 4Q Full Year Full Year
interest 2015 2016 2016 2016 2016 2015 2016
SALT
Dampier Salt 68.4%
Western Australia
Salt production ('000 tonnes) 2,409 2,103 1,634 1,813 2,028 8,103 7,578
TITANIUM DIOXIDE SLAG
Rio Tinto Iron & Titanium 100.0%
Canada and South Africa
(Rio Tinto share) (a)
Titanium dioxide slag ('000 tonnes) 223 246 236 267 300 1,089 1,048
(a) Quantities comprise 100% of Rio Tinto Fer et Titane and Rio Tinto's 74% interest in Richards Bay Minerals' production. Ilmenite mined in Madagascar is being processed in Canada.
URANIUM
Energy Resources of Australia Ltd
Ranger mine (a) 68.4%
Northern Territory, Australia
U3O8 Production ('000 lbs) 1,474 1,307 1,078 1,468 1,328 4,421 5,182
(a) ERA production reported is 'drummed' U3O8.
Rössing Uranium Ltd 68.6%
Namibia
U3O8 Production ('000 lbs) 1,007 1,001 1,023 916 1,138 2,747 4,078
Rio Tinto percentage interest shown above is at 31 December 2016. The data represent full production and sales on a 100% basis unless otherwise stated.
This information is provided by RNS
The company news service from the London Stock ExchangeRecent news on Rio Tinto
See all newsREG - Rio Tinto - Director/PDMR Shareholding
AnnouncementREG - Rio Tinto - Director/PDMR Shareholding
AnnouncementREG - Rio Tinto - Director/PDMR Shareholding
AnnouncementREG - Rio Tinto - Director/PDMR Shareholding
AnnouncementREG - Rio Tinto - Total Voting Rights
Announcement