Rio Tinto releases robust fourth quarter production performance
20 January 2015
Rio Tinto chief executive Sam Walsh said "We have had a successful year of production, capped off with a robust fourth quarter. Output is in line with our targets across all of our major products. In a challenging market Rio Tinto remains focused on operating and commercial excellence to leverage our low-cost position and maximise value for shareholders."
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|
Q4'14 |
vs Q4'13 |
vs Q3'14 |
2014 |
vs 2013 |
Global iron ore shipments (100% basis) |
Mt |
82.2 |
+13% |
+5% |
302.6 |
+17% |
Global iron ore production (100% basis) |
Mt |
79.1 |
+12% |
+3% |
295.4 |
+11% |
Mined copper |
kt |
128.3 |
-23% |
-15% |
603.1 |
+4% |
Bauxite |
kt |
10,794 |
-6% |
-1% |
41,871 |
-3% |
Aluminium |
kt |
842 |
-1% |
-1% |
3,361 |
-1% |
Hard coking coal |
kt |
1,656 |
-31% |
-14% |
7,471 |
-9% |
Semi-soft and thermal coal |
kt |
5,502 |
-16% |
-10% |
25,099 |
-6% |
Titanium dioxide feedstock |
kt |
316 |
-12% |
-13% |
1,443 |
-11% |
Highlights
· Global iron ore shipments of 302.6 million tonnes (Rio Tinto share 239.9 million tonnes) were 17 per cent higher than 2013 and production of 295.4 million tonnes (Rio Tinto share 233.6 million tonnes) was an 11 per cent increase year on year. Rio Tinto's share of production in the period was 12 per cent higher than in 2013.
· Mined copper production for the year was four per cent higher than last year, driven by the sustained ramp-up at Oyu Tolgoi. This ramp-up, along with higher grades at both Oyu Tolgoi and Kennecott, resulted in a 69 per cent increase in mined gold production over 2013.
· Global bauxite production was temporarily reduced by three per cent in 2014 as Gove transitions to bauxite exports following the curtailment of the refinery in May 2014.
· Aluminium production in 2014 was broadly in line with 2013, despite the closure of Shawinigan in November 2013 and the partial shutdown at Kitimat, which continues to prepare for full commissioning of the modernised smelter during the first half of 2015. Eight smelters, representing 54 per cent of 2014 production volumes, achieved annual production records.
· Significant productivity gains across the Australian coal business delivered annual site production records at Hail Creek in Queensland, Hunter Valley Operations and Bengalla. Excluding production from the Clermont mine which was divested during the year, thermal coal production increased by 15 per cent (2.5 million tonnes) in 2014 compared to 2013.
All currency figures in this report are US dollars, and comments refer to Rio Tinto's share of production, unless otherwise stated. To allow production numbers to be compared on a like-for-like basis, production from asset divestments completed in 2013 have been excluded from Rio Tinto share of production data but assets sold in 2014 remain in comparisons.
IRON ORE
Rio Tinto share of production (million tonnes)
|
Q4 2014 |
vs Q4 2013 |
vs Q3 2014 |
2014 |
vs 2013 |
Pilbara Blend Lump |
16.1 |
+18% |
+7% |
58.9 |
+13% |
Pilbara Blend Fines |
25.2 |
+23% |
+2% |
92.2 |
+21% |
Robe Valley Lump |
1.6 |
-2% |
-2% |
6.1 |
+4% |
Robe Valley Fines |
3.0 |
+2% |
-7% |
12.2 |
+4% |
Yandicoogina Fines (HIY) |
15.1 |
+5% |
+11% |
55.5 |
+3% |
IOC (pellets and concentrate) |
2.2 |
-3% |
-2% |
8.7 |
-4% |
Pilbara operations
2014 production of 280.6 million tonnes (Rio Tinto share 224.9 million tonnes) was 12 per cent higher than the same period in 2013 and set a new annual record, driven by the early completion of the 290 million tonnes per annum (Mt/a) expansion project in the first half and increased mined production. Almost 90 per cent of the additional 30 million tonnes produced in 2014 has gone directly into the premium Pilbara Blend, the industry reference for the 62 per cent Fe market.
Pilbara sales
Record sales of 288.3 million tonnes (Rio Tinto share 231.5 million tonnes) in 2014 were 18 per cent higher than in 2013. Sales in 2014 exceeded production by around eight million tonnes due to the drawdown of stockpiled iron ore inventory built at Pilbara mine sites in previous years to facilitate an accelerated ramp-up of the expanded port and rail facilities to 290 Mt/a.
Approximately 25 per cent of sales in 2014 were priced with reference to the prior quarter's average index lagged by one month. The remainder were priced either on the current quarter average, current month average or on the spot market.
Around 55 per cent of 2014 sales were made on a cost and freight (CFR) basis, with the remainder sold free on board (FOB).
Achieved average pricing in 2014 was $84.3 per wet metric tonne on an FOB basis.
Pilbara expansion
Infrastructure for the 360 Mt/a expansion is around 80 per cent complete, with all major rail, marine and wharf works in place and completion of this infrastructure remains on track for delivery by the end of the first half of 2015.
As previously announced, approximately 40 Mt/a of brownfield expansions are underway to feed the expanded infrastructure capacity at an average mine production capital intensity of around $9 per tonne. As a result, production from the Pilbara is expected to be 330 million tonnes (100 per cent basis) in 2015.
Iron Ore Company of Canada (IOC)
2014 pellet production was two per cent higher than in 2013 due to operational efficiency improvements achieved at the pellet plant. The prioritisation of pellet production during the year partially accounts for the 11 per cent lower saleable concentrate production in 2014 against 2013, with the remaining reduction driven by the unusually cold winter experienced in North America in the first quarter and ore quality issues experienced in the fourth quarter.
The unusually cold winter impacted sales during the first half of 2014 and reduced full year sales by three per cent compared to 2013.
2014 shipping and production versus guidance
Both shipments and production in 2014 were in line with Rio Tinto's global guidance of 300 million tonnes and 295 million tonnes, respectively (both on a 100 per cent basis).
COPPER
Rio Tinto share of production
|
Q4 2014 |
vs Q4 2013 |
vs Q3 2014 |
2014 |
vs 2013 |
Kennecott Utah Copper |
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|
|
|
|
Mined copper (000 tonnes) |
20.5 |
-68% |
-61% |
204.3 |
-3% |
Refined copper (000 tonnes) |
18.3 |
-68% |
-71% |
204.1 |
+5% |
Molybdenum (000 tonnes) |
2.6 |
+39% |
-54% |
11.5 |
+100% |
Mined gold (000 oz) |
33.2 |
-55% |
-62% |
260.2 |
+26% |
Refined gold (000 oz) |
51.1 |
+7% |
-36% |
252.2 |
+31% |
Escondida |
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|
Mined copper (000 tonnes) |
88.9 |
+6% |
+5% |
341.3 |
+1% |
Refined copper (000 tonnes) |
22.5 |
-3% |
+8% |
90.5 |
-1% |
Grasberg |
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|
Mined copper (000 tonnes) |
2.1 |
-67% |
-16% |
7.7 |
+22% |
Mined gold (000 oz) |
0.7 |
N/A |
-9% |
2.3 |
N/A |
Oyu Tolgoi |
|
|
|
|
|
Mined copper (000 tonnes) |
16.9 |
+53% |
+37% |
49.8 |
+94% |
Mined gold (000 oz) |
93.2 |
+278% |
+111% |
197.3 |
+275% |
Kennecott Utah Copper
Mined copper production for 2014 was comparable to 2013 but was lower in the fourth quarter compared to the previous quarter and fourth quarter of 2013, principally due to lower grade and throughput as mine production was aligned to smelter requirements during its planned shutdown. Mined gold for the year was 26 per cent higher than 2013 principally due to higher grades. Mined molybdenum for the year was 100 per cent higher than 2013 due to higher grades and improved recovery rates.
2014 refined production was five per cent higher than in 2013 despite the planned 65-day smelter shutdown that started in September and was completed during the fourth quarter.
Escondida
Increased mill throughput during the year and increased ore stacked for leaching resulted in copper production being in line with 2013, despite lower grades. Sulphide ore delivered to the concentrator during the fourth quarter was lower than expected, primarily as a result of process water restrictions.
Oyu Tolgoi / Turquoise Hill Resources
2014 production was 148.4 thousand tonnes of copper and 588.7 thousand ounces of gold in concentrates (Rio Tinto share 49.8 thousand tonnes and 197.3 thousand ounces, respectively). These increases in production compared to 2013 (94 per cent and 275 per cent, respectively) were due to higher copper and gold grades, higher throughput and a full year of production.
The fire experienced in one of Oyu Tolgoi's four cyclone packs in December had a limited impact and the concentrator returned to full production on 3 January 2015.
Customer collections of concentrate from the Chinese bonded warehouse continued to exceed production in the fourth quarter. Sales in 2014 of 185.8 thousand tonnes of copper and 561.0 thousand ounces of gold in concentrates (100 per cent basis) resulted in product inventories returning to normal levels.
Grasberg
Based on the latest available forecast from Freeport-McMoran, approximately 7.7 thousand tonnes of copper and 2.3 thousand ounces of gold production in 2014 has been attributed to Rio Tinto. Freeport-McMoran is expected to announce its full year results on 27 January 2015.
Provisional pricing
At 31 December 2014, the Group had an estimated 423 million pounds of copper sales that were provisionally priced at 287 cents per pound. The final price of these sales will be determined during the first half of 2015. This compares with 254 million pounds of open shipments at 31 December 2013, provisionally priced at 333 cents per pound.
2014 production versus guidance
Mined and refined copper production was broadly in line with upgraded guidance of approximately 615,000 tonnes and 300,000 tonnes, respectively. This was achieved notwithstanding lower than expected production from Escondida and the fire experienced at Oyu Tolgoi in the fourth quarter.
ALUMINIUM
Rio Tinto share of production (000 tonnes)
|
Q4 2014 |
vs Q4 2013 |
vs Q3 2014 |
2014 |
vs 2013 |
Rio Tinto Aluminium |
|
|
|
|
|
Bauxite |
10,794 |
-6% |
-1% |
41,871 |
-3% |
Alumina |
1,931 |
+1% |
+3% |
7,458 |
+6% |
Aluminium |
842 |
-1% |
-1% |
3,361 |
-1% |
Other operations |
|
|
|
|
|
Gove alumina refinery |
0 |
-100% |
N/A |
676 |
-70% |
Bauxite
In 2014, the Weipa mine in Australia delivered another strong performance, comparable to that achieved in 2013 and the Sangaredi mine in Guinea achieved record bauxite production. Gove shifted to bauxite exports following the curtailment of the refinery in May 2014. Exports from the Gove mine are currently infrastructure-constrained at around six million tonnes per annum but are expected to ramp up towards an eight million tonnes per annum run-rate in 2015, as these constraints are addressed. As a result, 2014 global bauxite production was marginally lower than 2013.
Third party bauxite sales increased four per cent during 2014 to 23.3 million tonnes (2013: 22.4 million tonnes).
Alumina
Excluding the Gove refinery, alumina production in 2014 was up by six per cent compared with 2013 reflecting stronger production across all refineries, specifically Yarwun which continued to ramp up. As a result of productivity improvements, three of the four refineries achieved production records in 2014.
The curtailment of the alumina refinery at Gove was completed in May 2014. It remains on care and maintenance.
Aluminium
Aluminium production in 2014 was broadly in line with 2013, with production from the new AP60 plant and capacity creep across the smelter portfolio offsetting the closure of Shawinigan in November 2013 and the partial shutdown at Kitimat as preparations are made to commission the modernised smelter which is on track for the first half of 2015. Eight smelters, representing 54 per cent of 2014 production volumes, achieved annual production records.
In 2014, the Aluminium group sold its joint venture interests in the SØRAL smelter in Norway in October and the Alucam smelter in Cameroon in December.
Achieved average realised aluminium pricing in 2014 of $2,395 per tonne compared with $2,249 per tonne in 2013.
2014 production versus guidance
Rio Tinto's share of bauxite, alumina and aluminium production for 2014 was in line with production guidance of 41 million tonnes, 7.4 million tonnes and 3.4 million tonnes, respectively.
ENERGY
Coal
Rio Tinto share of production (000 tonnes)
|
Q4 2014 |
vs Q4 2013 |
vs Q3 2014 |
2014 |
vs 2013 |
Rio Tinto Coal Australia |
|
|
|
|
|
Hard coking coal |
1,639 |
-28% |
-8% |
7,054 |
-8% |
Semi-soft coking coal |
728 |
-21% |
+13% |
3,213 |
-17% |
Thermal coal |
4,759 |
-13% |
-11% |
21,501 |
-4% |
|
|
|
|
|
|
Rio Tinto Coal Mozambique |
|
|
|
|
|
Hard coking coal |
17 |
-89% |
-89% |
416 |
-26% |
Thermal coal |
15 |
-88% |
-90% |
385 |
-21% |
Significant productivity gains across the Australian coal business delivered annual site production records at Hail Creek in Queensland, Hunter Valley Operations and Bengalla. Excluding production from Clermont which was divested during the year, thermal coal production increased by 15 per cent (2.5 million tonnes) in 2014 compared to 2013.
Semi-soft production was 17 per cent lower in 2014 compared to 2013, reflecting operational flexibility to adjust the production mix in the Hunter Valley and maximise margins.
Full year hard coking coal production was eight per cent lower than 2013. This was due to Hail Creek prioritising the production of thermal coal from a processing plant by-product stream to deliver increased margins in the current price environment, and Kestrel ramping up the new South longwall following the completion of mining at Kestrel North in the first quarter of 2014.
On 8 October 2014, Rio Tinto announced the completion of the sale of Rio Tinto Coal Mozambique.
Uranium
Rio Tinto share of production (000 lbs)
|
Q4 2014 |
vs Q4 2013 |
vs Q3 2014 |
2014 |
vs 2013 |
Energy Resources of Australia |
904 |
+19% |
+6% |
1,757 |
-61% |
Rössing |
618 |
-16% |
+1% |
2,333 |
-36% |
At Energy Resources of Australia (ERA) processing operations were suspended until June 2014 following the failure of a leach tank in December 2013, which resulted in 61 per cent lower production during the year.
Production in 2014 at Rössing was 36 per cent lower than 2013, largely as a result of operational changes made in response to current market conditions.
2014 production versus guidance
Rio Tinto's share of Australian thermal coal production came in at 19.1 million tonnes, six per cent higher than the 2014 guidance of 18.0 million tonnes (excluding production from the Clermont mine prior to divestment). Australian hard coking coal production was in line with the 7.0 million tonnes guidance given in the third quarter. Semi-soft production came in seven per cent ahead of 2014 guidance of 3.0 million tonnes.
Rio Tinto's share of uranium production from Rössing and ERA in 2014 was five per cent below the lower end of the guidance range of 4.3 million pounds.
DIAMONDS & MINERALS
Rio Tinto share of production
|
Q4 2014 |
vs Q4 2013 |
vs Q3 2014 |
2014 |
vs 2013 |
Diamonds (000 carats) |
|
|
|
|
|
Argyle |
1,813 |
-43% |
-26% |
9,188 |
-19% |
Diavik |
927 |
-25% |
-8% |
4,340 |
0% |
Murowa |
101 |
-4% |
+12% |
344 |
+7% |
|
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|
|
|
|
Minerals (000 tonnes) |
|
|
|
|
|
Borates - B2O3 content |
123 |
+1% |
-3% |
508 |
+3% |
Titanium dioxide feedstock |
316 |
-12% |
-13% |
1,443 |
-11% |
|
|
|
|
|
|
Salt (000 tonnes) |
1,852 |
-2% |
+18% |
6,793 |
+1% |
Diamonds
At Argyle, carats recovered during the year were 19 per cent lower than in 2013, reflecting the move from open pit to underground mining and the processing of lower grades as underground production ramped up. In addition, a maintenance shutdown took place during the fourth quarter to implement some improved design modifications to both underground crushers.
Diavik's production was in line with 2013, with improved mining rates and processing plant improvements offset by the impact of lower grades. Carats recovered in the fourth quarter were significantly lower than in the previous year as improved processing rates have now fully exhausted the stockpiled ore which was processed in prior quarters.
Carats recovered at Murowa were seven per cent higher than in 2013 due to increased ore processed.
Minerals
2014 borates production was three per cent higher than in 2013 in response to higher sales demand and the commissioning of the new modified direct dissolving of kernite (MDDK) process plant during the year.
Rio Tinto Iron and Titanium (RTIT)
Titanium dioxide feedstock production was 11 per cent lower than in 2013 as production continued to be optimised to align with market demand.
Salt
Salt production was broadly in line with 2013.
2014 production versus guidance
Rio Tinto's share of production of titanium dioxide feedstocks came in below 2014 guidance of 1.5 million tonnes as production was further optimised to align to market demand. Carats recovered were lower than the 15 million carats guidance given in the third quarter reflecting the maintenance shutdown at Argyle. Borates production came in just above 2014 guidance of 0.5 million tonnes of boric oxide equivalent.
EXPLORATION AND EVALUATION
Pre-tax and pre-divestment expenditure on exploration and evaluation charged to the profit and loss account in 2014 was $765 million compared with $948 million in 2013, building on the savings achieved in 2013 whilst progressing the highest priority projects.
In 2014, approximately 33 per cent of this expenditure was incurred by the Copper Group, five per cent by Iron Ore, 18 per cent by Energy, 15 per cent by Diamonds and Minerals, one per cent by Aluminium and the balance by central exploration.
There were no significant divestments of central exploration properties in 2014 or 2013.
Exploration highlights
Iron Ore
In the Pilbara region of Western Australia, the planned drilling programme was completed. In Botswana, a drilling programme was also completed together with ground geophysical surveying.
Copper
In the United States, field mapping, sampling and drilling was completed across copper projects in Utah, Arizona and Montana. In South America, field reconnaissance, geophysical surveying and drilling occurred across projects in Chile and Peru. In Zambia, mapping continued and drilling was completed. In Uzbekistan, drilling and geophysical surveying was completed. Regional reconnaissance mapping continued in Russia. CRTX, the Chinalco Rio Tinto Exploration Joint Venture, completed geophysical surveys and drilling in China.
Nickel
In the United States and Canada, field mapping, geophysics and drilling continued targeting nickel sulphides.
Bauxite
In the Weipa orbit (Australia), drilling was completed across several areas. In Brazil, field mapping continued and drilling was completed across several targets. Interpretation of bulk sample results continues and auger sampling has recommenced in Laos.
Coal
In the Bowen Basin (Australia), field activities included mapping, ground geophysics and drilling were completed for the year.
Uranium
In the Athabasca Basin (Canada), interpretation and geological modelling of existing data continued. In the United States, drilling was completed on several targets in Wyoming.
Diamonds
In India, drilling continued on a number of targets. In Canada, data review and sampling of several targets was completed.
Heavy Mineral Sands
In Gabon, target generation activities were concluded for the year over heavy mineral sands target areas.
A summary of activity for the period is as follows:
Product Group |
Greenfield programmes |
Advanced projects |
Evaluation projects |
Aluminium |
Australia, Brazil, Laos |
Amargosa orbit, Brazil |
South of Embley and Cape York, Australia; Amargosa, Brazil |
Copper |
Copper: Australia, US, Chile, Peru, Zambia, Russia, Kazakhstan, Uzbekistan, Mongolia, China Nickel: Canada |
Nickel: Tamarack, US |
Copper/molybdenum: Resolution, US Copper: La Granja, Peru Copper/gold: Oyu Tolgoi, Mongolia |
Diamonds & Minerals |
Diamonds: India, Canada Heavy mineral sands: Gabon |
|
Diamonds: Diavik, Canada; Bunder, India Lithium borates: Jadar, Serbia Heavy mineral sands: Zulti South, South Africa; Mutamba, Mozambique Iron Ore: Simandou, Guinea Potash: Canada |
Energy |
Uranium: Canada, US, Australia |
Coal: Bowen Basin, Hunter Valley Australia |
Coal: Mt Pleasant, Hail Creek, Australia Uranium: Ranger 3 Deeps, Australia: Roughrider, Canada |
Iron Ore |
Botswana |
Pilbara, Australia |
Pilbara, Australia |
Mine-lease exploration continued at a number of Rio Tinto businesses including: Pilbara Iron, Rio Tinto Coal Australia, Richards Bay, Oyu Tolgoi, Weipa, Gove and Kennecott.
Contacts
[email protected]
www.riotinto.com
Follow @riotinto on Twitter
Media Relations, EMEA/AmericasIlltud Harri T +44 20 7781 1152 M +44 7920 503 600 David Outhwaite T +44 20 7781 1623 M +44 7787 597 493 David Luff
T + 44 20 7781 1177
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Media Relations, Australia/AsiaBen Mitchell T +61 3 9283 3620 M +61 419 850 212 Bruce Tobin T +61 3 9283 3612 M +61 419 103 454 Matt Klar T + 61 7 3625 4244
M + 61 457 525 578 Investor Relations, Australia/AsiaRachel Storrs T +61 3 9283 3628 M +61 417 401 018 Galina Rogova T +86 21 6103 3550 M +86 152 2118 3942 |
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Rio Tinto plc2 Eastbourne Terrace London W2 6LG United Kingdom T +44 20 7781 2000
Registered in England No. 719885 |
Rio Tinto Limited120 Collins Street Melbourne 3000 Australia T +61 3 9283 3333 Registered in Australia ABN 96 004 458 404 |
Rio Tinto production summary |
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Rio Tinto share of production |
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Quarter |
|
Full Year |
|
% Change |
|
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2013
Q4 |
2014
Q3 |
2014
Q4 |
|
2013 |
2014 |
|
Q4 14
vs
Q4 13 |
Q4 14
vs
Q3 14 |
2014
vs
2013 |
Principal Commodities |
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Alumina |
('000 t) |
2,582 |
1,877 |
1,931 |
|
9,307 |
8,134 |
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-25% |
3% |
-13% |
Aluminium |
('000 t) |
853 |
848 |
842 |
|
3,383 |
3,361 |
|
-1% |
-1% |
-1% |
Bauxite |
('000 t) |
11,432 |
10,889 |
10,794 |
|
43,204 |
41,871 |
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-6% |
-1% |
-3% |
Borates |
('000 t) |
121 |
127 |
123 |
|
495 |
508 |
|
1% |
-3% |
3% |
Coal - hard coking |
('000 t) |
2,410 |
1,927 |
1,656 |
|
8,214 |
7,471 |
|
-31% |
-14% |
-9% |
Coal - semi-soft coking |
('000 t) |
922 |
645 |
728 |
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3,859 |
3,213 |
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-21% |
13% |
-17% |
Coal - thermal |
('000 t) |
5,624 |
5,496 |
4,773 |
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22,975 |
21,886 |
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-15% |
-13% |
-5% |
Copper - mined |
('000 t) |
165.6 |
151.8 |
128.3 |
|
579.4 |
603.1 |
|
-23% |
-15% |
4% |
Copper - refined |
('000 t) |
81.0 |
83.5 |
40.7 |
|
285.2 |
294.6 |
|
-50% |
-51% |
3% |
Diamonds |
('000 cts) |
4,498 |
3,549 |
2,841 |
|
16,027 |
13,872 |
|
-37% |
-20% |
-13% |
Iron ore |
('000 t) |
55,510 |
60,450 |
63,239 |
|
208,966 |
233,557 |
|
14% |
5% |
12% |
Titanium dioxide feedstock |
('000 t) |
361 |
365 |
316 |
|
1,622 |
1,443 |
|
-12% |
-13% |
-11% |
Uranium |
('000 lbs) |
1,493 |
1,467 |
1,523 |
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8,105 |
4,089 |
|
2% |
4% |
-50% |
Other Metals & Minerals |
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Gold - mined |
('000 oz) |
105.7 |
138.4 |
131.0 |
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288.0 |
486.8 |
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24% |
-5% |
69% |
Gold - refined |
('000 oz) |
47.8 |
79.3 |
51.1 |
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192.3 |
252.2 |
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7% |
-36% |
31% |
Molybdenum |
('000 t) |
1.8 |
5.6 |
2.6 |
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5.7 |
11.5 |
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39% |
-54% |
100% |
Salt |
('000 t) |
1,886 |
1,567 |
1,852 |
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6,728 |
6,793 |
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-2% |
18% |
1% |
Silver - mined |
('000 oz) |
1,337 |
1,390 |
740 |
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4,250 |
4,699 |
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-45% |
-47% |
11% |
Silver - refined |
('000 oz) |
633 |
759 |
636 |
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2,158 |
2,811 |
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1% |
-16% |
30% |
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Throughout this report, figures in italics indicate adjustments made since the figure was previously quoted on the equivalent page. Production figures are sometimes more precise than the rounded numbers shown, hence small differences may result between the total of the quarter figures and the full year figures. |
Rio Tinto share of production |
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Rio Tinto
interest |
4Q
2013 |
1Q
2014 |
2Q
2014 |
3Q
2014 |
4Q
2014 |
Full Year
2013 |
Full Year
2014 |
|
|
|
|
|
|
|
|
|
ALUMINA |
|
|
|
|
|
|
|
|
Production ('000 tonnes) |
|
|
|
|
|
|
|
|
Rio Tinto Alcan |
|
|
|
|
|
|
|
|
Jonquière (Vaudreuil) |
100% |
378 |
360 |
352 |
358 |
373 |
1,439 |
1,444 |
Queensland Alumina |
80% |
722 |
697 |
668 |
741 |
748 |
2,707 |
2,854 |
São Luis (Alumar) |
10% |
91 |
88 |
87 |
94 |
95 |
343 |
364 |
Yarwun |
100% |
696 |
683 |
661 |
656 |
687 |
2,446 |
2,688 |
Jonquière (Vaudreuil) specialty alumina plant |
100% |
23 |
26 |
27 |
28 |
27 |
103 |
108 |
Rio Tinto Alcan total |
|
1,909 |
1,856 |
1,795 |
1,877 |
1,931 |
7,037 |
7,458 |
Other Aluminium - Gove refinery (a) |
100% |
673 |
537 |
139 |
0 |
0 |
2,270 |
676 |
Rio Tinto total alumina production |
|
2,582 |
2,392 |
1,934 |
1,877 |
1,931 |
9,307 |
8,134 |
|
|
|
|
|
|
|
|
|
ALUMINIUM |
|
|
|
|
|
|
|
|
Production ('000 tonnes) |
|
|
|
|
|
|
|
|
Rio Tinto Alcan |
|
|
|
|
|
|
|
|
Australia - Bell Bay |
100% |
47 |
46 |
47 |
48 |
48 |
187 |
188 |
Australia - Boyne Island |
59% |
83 |
76 |
81 |
85 |
86 |
333 |
328 |
Australia - Tomago |
52% |
72 |
70 |
71 |
73 |
74 |
281 |
289 |
Cameroon - Alucam (Edéa) (b) |
0% |
11 |
11 |
11 |
11 |
10 |
35 |
43 |
Canada - seven wholly owned (c) (d) |
100% |
331 |
322 |
320 |
320 |
317 |
1,333 |
1,279 |
Canada - Alouette (Sept-Îles) |
40% |
59 |
58 |
58 |
58 |
59 |
233 |
233 |
Canada - Bécancour |
25% |
27 |
28 |
28 |
28 |
28 |
109 |
112 |
France - Dunquerque |
100% |
68 |
67 |
67 |
68 |
68 |
258 |
270 |
Iceland - ISAL (Reykjavik) |
100% |
49 |
50 |
52 |
51 |
52 |
197 |
206 |
New Zealand - Tiwai Point |
79% |
66 |
64 |
65 |
65 |
65 |
257 |
260 |
Norway - SØRAL (Husnes) (e) |
0% |
12 |
11 |
11 |
12 |
4 |
45 |
38 |
Oman - Sohar |
20% |
17 |
18 |
18 |
18 |
19 |
71 |
73 |
UK - Lochaber |
100% |
11 |
10 |
10 |
10 |
11 |
44 |
42 |
Rio Tinto total aluminium production |
|
853 |
832 |
839 |
848 |
842 |
3,383 |
3,361 |
|
|
|
|
|
|
|
|
|
BAUXITE |
|
|
|
|
|
|
|
|
Production ('000 tonnes) (f) |
|
|
|
|
|
|
|
|
Rio Tinto Alcan |
|
|
|
|
|
|
|
|
Gove |
100% |
2,271 |
1,804 |
1,426 |
1,725 |
1,574 |
8,029 |
6,528 |
Porto Trombetas |
12% |
525 |
438 |
470 |
501 |
556 |
1,887 |
1,965 |
Sangaredi |
(g) |
1,848 |
1,686 |
1,885 |
1,819 |
1,721 |
6,947 |
7,111 |
Weipa |
100% |
6,787 |
6,116 |
6,363 |
6,844 |
6,944 |
26,341 |
26,266 |
Rio Tinto total bauxite production |
|
11,432 |
10,044 |
10,144 |
10,889 |
10,794 |
43,204 |
41,871 |
Rio Tinto share of production |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Rio Tinto
interest |
4Q
2013 |
1Q
2014 |
2Q
2014 |
3Q
2014 |
4Q
2014 |
Full Year
2013 |
Full Year
2014 |
|
|
|
|
|
|
|
|
|
BORATES |
|
|
|
|
|
|
|
|
Production ('000 tonnes B2O3 content) |
|
|
|
|
|
|
|
|
Rio Tinto Minerals - borates |
100% |
121 |
126 |
133 |
127 |
123 |
495 |
508 |
|
|
|
|
|
|
|
|
|
COAL - hard coking |
|
|
|
|
|
|
|
|
Rio Tinto Coal Australia ('000 tonnes) |
|
|
|
|
|
|
|
|
Hail Creek Coal |
82% |
1,536 |
1,190 |
1,338 |
1,277 |
1,520 |
5,608 |
5,324 |
Kestrel Coal |
80% |
726 |
625 |
490 |
497 |
119 |
2,043 |
1,730 |
Total Rio Tinto Coal Australia hard coking coal |
|
2,262 |
1,814 |
1,828 |
1,773 |
1,639 |
7,651 |
7,054 |
Rio Tinto Coal Mozambique |
|
|
|
|
|
|
|
|
Benga (h) |
0% |
148 |
59 |
187 |
153 |
17 |
564 |
416 |
Rio Tinto total hard coking coal production |
|
2,410 |
1,874 |
2,015 |
1,927 |
1,656 |
8,214 |
7,471 |
|
|
|
|
|
|
|
|
|
COAL - semi-soft coking |
|
|
|
|
|
|
|
|
Rio Tinto Coal Australia ('000 tonnes) |
|
|
|
|
|
|
|
|
Hunter Valley |
80% |
527 |
431 |
385 |
292 |
440 |
2,107 |
1,548 |
Mount Thorley |
64% |
305 |
355 |
365 |
317 |
213 |
1,182 |
1,250 |
Warkworth |
44% |
90 |
151 |
153 |
36 |
76 |
569 |
415 |
Rio Tinto total semi-soft coking coal production |
|
922 |
936 |
903 |
645 |
728 |
3,859 |
3,213 |
|
|
|
|
|
|
|
|
|
COAL - thermal |
|
|
|
|
|
|
|
|
Rio Tinto Coal Australia ('000 tonnes) |
|
|
|
|
|
|
|
|
Bengalla |
32% |
638 |
758 |
654 |
667 |
660 |
2,634 |
2,739 |
Clermont (i) |
0% |
1,496 |
1,286 |
1,135 |
- |
- |
5,903 |
2,421 |
Hail Creek Coal (j) |
82% |
136 |
320 |
344 |
702 |
524 |
157 |
1,890 |
Hunter Valley |
80% |
2,026 |
2,350 |
2,183 |
2,732 |
2,275 |
8,802 |
9,539 |
Kestrel Coal |
80% |
60 |
70 |
87 |
45 |
249 |
371 |
451 |
Mount Thorley |
64% |
350 |
382 |
425 |
499 |
128 |
1,508 |
1,434 |
Warkworth |
44% |
791 |
641 |
753 |
711 |
923 |
3,110 |
3,027 |
Total Rio Tinto Coal Australia thermal coal |
|
5,497 |
5,806 |
5,581 |
5,355 |
4,759 |
22,485 |
21,501 |
Rio Tinto Coal Mozambique |
|
|
|
|
|
|
|
|
Benga (h) |
0% |
127 |
54 |
176 |
141 |
15 |
490 |
385 |
Rio Tinto total thermal coal production |
|
5,624 |
5,860 |
5,758 |
5,496 |
4,773 |
22,975 |
21,886 |
Rio Tinto share of production |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Rio Tinto
interest |
4Q
2013 |
1Q
2014 |
2Q
2014 |
3Q
2014 |
4Q
2014 |
Full Year
2013 |
Full Year
2014 |
|
|
|
|
|
|
|
|
|
COPPER |
|
|
|
|
|
|
|
|
Mine production ('000 tonnes) (f) |
|
|
|
|
|
|
|
|
Bingham Canyon |
100% |
64.5 |
69.2 |
61.9 |
52.8 |
20.5 |
211.0 |
204.3 |
Escondida |
30% |
83.8 |
78.8 |
89.4 |
84.2 |
88.9 |
336.5 |
341.3 |
Grasberg - Joint Venture (k) |
40% |
6.3 |
1.7 |
1.5 |
2.5 |
2.1 |
6.3 |
7.7 |
Oyu Tolgoi (l) |
34% |
11.0 |
8.5 |
12.1 |
12.3 |
16.9 |
25.7 |
49.8 |
Rio Tinto total mine production |
|
165.6 |
158.2 |
164.8 |
151.8 |
128.3 |
579.4 |
603.1 |
Refined production ('000 tonnes) |
|
|
|
|
|
|
|
|
Escondida |
30% |
23.2 |
22.7 |
24.5 |
20.8 |
22.5 |
91.6 |
90.5 |
Kennecott Utah Copper |
100% |
57.7 |
53.1 |
70.1 |
62.7 |
18.3 |
193.6 |
204.1 |
Rio Tinto total refined production |
|
81.0 |
75.8 |
94.6 |
83.5 |
40.7 |
285.2 |
294.6 |
|
|
|
|
|
|
|
|
|
DIAMONDS |
|
|
|
|
|
|
|
|
Production ('000 carats) |
|
|
|
|
|
|
|
|
Argyle |
100% |
3,153 |
2,461 |
2,459 |
2,455 |
1,813 |
11,359 |
9,188 |
Diavik |
60% |
1,240 |
1,119 |
1,290 |
1,004 |
927 |
4,346 |
4,340 |
Murowa |
78% |
105 |
69 |
83 |
90 |
101 |
322 |
344 |
Rio Tinto total diamond production |
|
4,498 |
3,650 |
3,832 |
3,549 |
2,841 |
16,027 |
13,872 |
|
|
|
|
|
|
|
|
|
GOLD |
|
|
|
|
|
|
|
|
Mine production ('000 ounces) (f) |
|
|
|
|
|
|
|
|
Barneys Canyon |
100% |
0.0 |
0.0 |
0.4 |
0.0 |
0.0 |
0.4 |
0.4 |
Bingham Canyon |
100% |
73.8 |
63.3 |
76.6 |
86.7 |
33.2 |
206.7 |
259.8 |
Escondida |
30% |
7.3 |
8.6 |
8.0 |
6.6 |
3.8 |
28.3 |
27.0 |
Grasberg - Joint Venture (k) |
40% |
0.0 |
0.4 |
0.3 |
0.8 |
0.7 |
0.0 |
2.3 |
Oyu Tolgoi (l) |
34% |
24.7 |
22.0 |
37.9 |
44.2 |
93.2 |
52.6 |
197.3 |
Rio Tinto total mine production |
|
105.7 |
94.2 |
123.2 |
138.4 |
131.0 |
288.0 |
486.8 |
Refined production ('000 ounces) |
|
|
|
|
|
|
|
|
Kennecott Utah Copper |
100% |
47.8 |
62.0 |
59.8 |
79.3 |
51.1 |
192.3 |
252.2 |
Rio Tinto share of production |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Rio Tinto
interest |
4Q
2013 |
1Q
2014 |
2Q
2014 |
3Q
2014 |
4Q
2014 |
Full Year
2013 |
Full Year
2014 |
|
|
|
|
|
|
|
|
|
IRON ORE |
|
|
|
|
|
|
|
|
Production ('000 tonnes) (f) |
|
|
|
|
|
|
|
|
Hamersley mines |
(m) |
38,381 |
36,345 |
39,742 |
41,837 |
45,239 |
143,347 |
163,163 |
Hamersley - Channar |
60% |
1,615 |
1,642 |
1,642 |
1,763 |
1,501 |
6,628 |
6,548 |
Hope Downs |
50% |
4,556 |
4,779 |
5,094 |
5,646 |
5,839 |
16,894 |
21,358 |
Iron Ore Company of Canada |
59% |
2,321 |
1,764 |
2,365 |
2,299 |
2,247 |
9,024 |
8,676 |
Robe River - Pannawonica (Mesas J and A) |
53% |
4,591 |
4,329 |
4,530 |
4,846 |
4,599 |
17,654 |
18,304 |
Robe River - West Angelas |
53% |
4,046 |
3,479 |
4,158 |
4,058 |
3,815 |
15,419 |
15,510 |
Rio Tinto iron ore production ('000 tonnes) |
|
55,510 |
52,339 |
57,530 |
60,450 |
63,239 |
208,966 |
233,557 |
Breakdown of Production: |
|
|
|
|
|
|
|
|
Pilbara Blend Lump |
|
13,665 |
13,251 |
14,541 |
14,986 |
16,103 |
52,148 |
58,881 |
Pilbara Blend Fines |
|
20,480 |
19,615 |
22,669 |
24,721 |
25,185 |
76,470 |
92,191 |
Robe Valley Lump |
|
1,631 |
1,413 |
1,518 |
1,617 |
1,591 |
5,928 |
6,138 |
Robe Valley Fines |
|
2,960 |
2,916 |
3,012 |
3,229 |
3,008 |
11,726 |
12,165 |
Yandicoogina Fines (HIY) |
|
14,453 |
13,379 |
13,425 |
13,597 |
15,105 |
53,670 |
55,507 |
IOC Concentrate |
|
1,057 |
629 |
1,130 |
936 |
845 |
3,988 |
3,539 |
IOC Pellets |
|
1,264 |
1,136 |
1,235 |
1,364 |
1,402 |
5,036 |
5,137 |
Breakdown of Sales: |
|
|
|
|
|
|
|
|
Pilbara Blend Lump |
|
12,471 |
11,636 |
12,066 |
13,730 |
13,778 |
43,748 |
51,210 |
Pilbara Blend Fines |
|
22,648 |
21,925 |
26,596 |
26,496 |
30,627 |
78,124 |
105,643 |
Robe Valley Lump |
|
1,641 |
1,200 |
1,465 |
1,405 |
1,435 |
5,242 |
5,505 |
Robe Valley Fines |
|
4,024 |
2,878 |
3,311 |
3,246 |
3,453 |
12,811 |
12,888 |
Yandicoogina Fines (HIY) |
|
14,504 |
13,732 |
13,712 |
14,198 |
14,628 |
53,969 |
56,270 |
IOC Concentrate |
|
899 |
372 |
1,118 |
1,343 |
732 |
3,638 |
3,565 |
IOC Pellets |
|
1,212 |
1,102 |
1,134 |
1,172 |
1,410 |
5,040 |
4,818 |
Rio Tinto iron ore sales ('000 tonnes) |
|
57,398 |
52,844 |
59,402 |
61,590 |
66,063 |
202,572 |
239,900 |
Rio Tinto share of production |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Rio Tinto
interest |
4Q
2013 |
1Q
2014 |
2Q
2014 |
3Q
2014 |
4Q
2014 |
Full Year
2013 |
Full Year
2014 |
|
|
|
|
|
|
|
|
|
MOLYBDENUM |
|
|
|
|
|
|
|
|
Mine production ('000 tonnes) (f) |
|
|
|
|
|
|
|
|
Bingham Canyon |
100% |
1.8 |
0.9 |
2.5 |
5.6 |
2.6 |
5.7 |
11.5 |
|
|
|
|
|
|
|
|
|
SALT |
|
|
|
|
|
|
|
|
Production ('000 tonnes) |
|
|
|
|
|
|
|
|
Dampier Salt |
68% |
1,886 |
1,586 |
1,788 |
1,567 |
1,852 |
6,728 |
6,793 |
|
|
|
|
|
|
|
|
|
SILVER |
|
|
|
|
|
|
|
|
Mine production ('000 ounces) (f) |
|
|
|
|
|
|
|
|
Bingham Canyon |
100% |
930 |
744 |
864 |
970 |
356 |
2,876 |
2,935 |
Escondida |
30% |
337 |
398 |
432 |
348 |
288 |
1,210 |
1,465 |
Grasberg - Joint Venture (k) |
40% |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
Oyu Tolgoi (l) |
34% |
70 |
54 |
77 |
72 |
96 |
164 |
299 |
Rio Tinto total mine production |
|
1,337 |
1,197 |
1,372 |
1,390 |
740 |
4,250 |
4,699 |
Refined production ('000 ounces) |
|
|
|
|
|
|
|
|
Kennecott Utah Copper |
100% |
633 |
598 |
818 |
759 |
636 |
2,158 |
2,811 |
|
|
|
|
|
|
|
|
|
TITANIUM DIOXIDE FEEDSTOCK |
|
|
|
|
|
|
|
|
Production ('000 tonnes) |
|
|
|
|
|
|
|
|
Rio Tinto Iron & Titanium (n) |
100% |
361 |
389 |
372 |
365 |
316 |
1,622 |
1,443 |
|
|
|
|
|
|
|
|
|
URANIUM |
|
|
|
|
|
|
|
|
Production ('000 lbs U3O8) |
|
|
|
|
|
|
|
|
Energy Resources of Australia (o) |
68% |
758 |
0 |
0 |
853 |
904 |
4,462 |
1,757 |
Rössing |
69% |
735 |
644 |
455 |
615 |
618 |
3,643 |
2,333 |
Rio Tinto total uranium production |
|
1,493 |
644 |
455 |
1,467 |
1,523 |
8,105 |
4,089 |
|
|
|
|
|
|
|
|
|
Production figures are sometimes more precise than the rounded numbers shown, hence small differences may result between the total of the quarter figures and the year to date figures. |
Production data notes: |
(a) The curtailment of production at the Gove refinery was completed on 28 May 2014. |
(b) Rio Tinto sold its 46.7% interest in the Alucam (Edéa) smelter with an effective date of 31 December 2014. Production data are shown up to that date. |
(c) The Shawinigan smelter ceased production on 29 November 2013. |
(d) Rio Tinto started production at the Arvida AP60 Technology Centre in the fourth quarter of 2013. |
(e) Rio Tinto sold its 50% interest in the SØRAL (Husnes) smelter with an effective date of 31 October 2014. Production data are shown up to that date. |
(f) Mine production figures for metals refer to the total quantity of metal produced in concentrates, leach liquor or doré bullion irrespective of whether these products are then refined onsite, except for the data for bauxite and iron ore which represent production of marketable quantities of ore plus concentrates and pellets. |
(g) Rio Tinto has a 22.95% shareholding in the Sangaredi mine but benefits from 45.0% of production. |
(h) Rio Tinto completed the sale of Rio Tinto Coal Mozambique and its 65% interest in the Benga mine with an effective date of 7 October 2014. Production data are shown up to that date. |
(i) Rio Tinto sold its 50.1% interest in the Clermont mine with an effective date of 29 May 2014. Production data are shown up to that date. |
(j) Hail Creek commenced production of thermal coal from a processing plant by-product stream following completion of a successful trial in the third quarter of 2013. |
(k) 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. |
(l) Rio Tinto owns a 33.52% indirect interest in Oyu Tolgoi through its 50.79% interest in Turquoise Hill Resources Ltd. Production included in the table is from 1 May 2013. |
(m) 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. |
(n) Quantities comprise 100% of Rio Tinto Fer et Titane and Rio Tinto's 74% interest in Richards Bay Minerals (RBM). |
(o) ERA production reported is 'drummed' U3O8. |
|
|
|
|
|
|
|
|
|
The Rio Tinto percentage shown above is at 31 December 2014. |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Rio Tinto's interest in the Northparkes and Palabora mines and the Saint-Jean-de-Maurienne and Sebree smelters were sold in 2013. No data for these operations are included in the Share of Production table. |
Rio Tinto operational data |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Rio Tinto
interest |
4Q
2013 |
1Q
2014 |
2Q
2014 |
3Q
2014 |
4Q
2014 |
Full Year
2013 |
Full Year
2014 |
|
|
|
|
|
|
|
|
|
ALUMINIUM |
|
|
|
|
|
|
|
|
Rio Tinto Alcan - Bauxite |
|
|
|
|
|
|
|
|
Bauxite production ('000 tonnes) |
|
|
|
|
|
|
|
|
Australia |
|
|
|
|
|
|
|
|
Gove mine - Northern Territory |
100.0% |
2,271 |
1,804 |
1,426 |
1,725 |
1,574 |
8,029 |
6,528 |
Weipa mine - Queensland |
100.0% |
6,787 |
6,116 |
6,363 |
6,844 |
6,944 |
26,341 |
26,266 |
Brazil |
|
|
|
|
|
|
|
|
Porto Trombetas (MRN) mine |
12.0% |
4,376 |
3,649 |
3,918 |
4,177 |
4,633 |
15,729 |
16,376 |
Guinea |
|
|
|
|
|
|
|
|
Sangaredi mine (a) |
23.0% |
4,107 |
3,747 |
4,189 |
4,043 |
3,823 |
15,437 |
15,803 |
|
|
|
|
|
|
|
|
|
Rio Tinto Alcan share of bauxite shipments |
|
|
|
|
|
|
|
|
Share of bauxite shipments ('000 tonnes) |
|
11,268 |
9,829 |
10,065 |
10,671 |
10,851 |
42,962 |
41,417 |
(a) Rio Tinto has a 22.95% shareholding in the Sangaredi mine but benefits from 45.0% of production.
|
Rio Tinto Alcan - Smelter Grade Alumina |
|
|
|
|
|
|
|
|
Alumina production ('000 tonnes) |
|
|
|
|
|
|
|
|
Australia |
|
|
|
|
|
|
|
|
Queensland Alumina Refinery - Queensland |
80.0% |
903 |
872 |
835 |
926 |
935 |
3,384 |
3,568 |
Yarwun refinery - Queensland |
100.0% |
696 |
683 |
661 |
656 |
687 |
2,446 |
2,688 |
Brazil |
|
|
|
|
|
|
|
|
São Luis (Alumar) refinery |
10.0% |
908 |
882 |
865 |
938 |
953 |
3,425 |
3,639 |
Canada |
|
|
|
|
|
|
|
|
Jonquière (Vaudreuil) refinery - Quebec (a) |
100.0% |
378 |
360 |
352 |
358 |
373 |
1,439 |
1,444 |
(a) Jonquière's (Vaudreuil's) production shows smelter grade alumina only and excludes hydrate produced and used for specialty alumina.
|
Rio Tinto percentage interest shown above is at 31 December 2014. The data represent full production and sales on a 100% basis unless otherwise stated. |
Rio Tinto operational data |
|
|
|
|
|
Rio Tinto
interest |
4Q
2013 |
1Q
2014 |
2Q
2014 |
3Q
2014 |
4Q
2014 |
Full Year
2013 |
Full Year
2014 |
|
|
|
|
|
|
|
|
|
ALUMINIUM (continued) |
|
|
|
|
|
|
|
|
Rio Tinto Alcan - Specialty Alumina |
|
|
|
|
|
|
|
|
Specialty alumina production ('000 tonnes) |
|
|
|
|
|
|
|
|
Canada |
|
|
|
|
|
|
|
|
Jonquière (Vaudreuil) plant - Quebec |
100.0% |
23 |
26 |
27 |
28 |
27 |
103 |
108 |
Rio Tinto Alcan - Primary Aluminium |
|
|
|
|
|
|
|
|
Primary aluminium production ('000 tonnes) |
|
|
|
|
|
|
|
|
Australia |
|
|
|
|
|
|
|
|
Bell Bay smelter - Tasmania |
100.0% |
47 |
46 |
47 |
48 |
48 |
187 |
188 |
Boyne Island smelter - Queensland |
59.4% |
139 |
129 |
136 |
143 |
145 |
561 |
553 |
Tomago smelter - New South Wales |
51.6% |
139 |
136 |
139 |
142 |
144 |
545 |
561 |
Cameroon |
|
|
|
|
|
|
|
|
Alucam (Edéa) smelter (a) |
0.0% |
24 |
24 |
23 |
24 |
22 |
75 |
93 |
Canada |
|
|
|
|
|
|
|
|
Alma smelter - Quebec |
100.0% |
113 |
112 |
111 |
116 |
116 |
440 |
455 |
Alouette (Sept-Îles) smelter - Quebec |
40.0% |
147 |
144 |
145 |
146 |
147 |
582 |
583 |
Arvida smelter - Quebec |
100.0% |
43 |
42 |
43 |
44 |
44 |
175 |
173 |
Arvida AP60 smelter - Quebec (b) |
100.0% |
9 |
14 |
15 |
15 |
15 |
9 |
59 |
Bécancour smelter - Quebec |
25.1% |
109 |
111 |
111 |
110 |
114 |
435 |
446 |
Grande-Baie smelter - Quebec |
100.0% |
56 |
56 |
55 |
55 |
55 |
224 |
222 |
Kitimat smelter - British Columbia |
100.0% |
40 |
38 |
35 |
28 |
24 |
172 |
125 |
Laterrière smelter - Quebec |
100.0% |
61 |
60 |
61 |
62 |
62 |
239 |
244 |
Shawinigan smelter - Quebec (c) |
100.0% |
7 |
- |
- |
- |
- |
74 |
- |
France |
|
|
|
|
|
|
|
|
Dunkerque smelter |
100.0% |
68 |
67 |
67 |
68 |
68 |
258 |
270 |
Saint-Jean-de-Maurienne smelter (d) |
0.0% |
16 |
- |
- |
- |
- |
85 |
- |
Iceland |
|
|
|
|
|
|
|
|
ISAL (Reykjavik) smelter |
100.0% |
49 |
50 |
52 |
51 |
52 |
197 |
206 |
New Zealand |
|
|
|
|
|
|
|
|
Tiwai Point smelter |
79.4% |
83 |
81 |
82 |
82 |
82 |
324 |
327 |
Norway |
|
|
|
|
|
|
|
|
SØRAL (Husnes) smelter (e) |
0.0% |
23 |
23 |
23 |
23 |
8 |
89 |
76 |
Oman |
|
|
|
|
|
|
|
|
Sohar smelter |
20.0% |
85 |
88 |
91 |
92 |
93 |
354 |
364 |
United Kingdom |
|
|
|
|
|
|
|
|
Lochaber smelter |
100.0% |
11 |
10 |
10 |
10 |
11 |
44 |
42 |
(a) Rio Tinto sold its 46.7% interest in the Alucam (Edéa) smelter with an effective date of 31 December 2014. Production data are shown up to that date.
(b) Rio Tinto started production at the Arvida AP60 Technology Centre in the fourth quarter of 2013.
(c) The Shawinigan smelter ceased production on 29 November 2013.
(d) Rio Tinto sold its 100% interest in the Saint-Jean-de-Maurienne smelter with an effective date of 16 December 2013. Production data are shown up to that date.
(e) Rio Tinto sold its 50% interest in the SØRAL (Husnes) smelter with an effective date of 31 October 2014. Production data are shown up to that date.
|
Rio Tinto percentage interest shown above is at 31 December 2014. The data represent full production and sales on a 100% basis unless otherwise stated. |
Rio Tinto operational data |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Rio Tinto
interest |
4Q
2013 |
1Q
2014 |
2Q
2014 |
3Q
2014 |
4Q
2014 |
Full Year
2013 |
Full Year
2014 |
|
|
|
|
|
|
|
|
|
ALUMINIUM (continued) |
|
|
|
|
|
|
|
|
Other Aluminium - Smelter Grade Alumina |
|
|
|
|
|
|
|
|
Alumina production ('000 tonnes) |
|
|
|
|
|
|
|
|
Australia |
|
|
|
|
|
|
|
|
Gove refinery - Northern Territory (a) |
100.0% |
673 |
537 |
139 |
0 |
0 |
2,270 |
676 |
Other Aluminium - Primary Aluminium |
|
|
|
|
|
|
|
|
Primary aluminium production ('000 tonnes) |
|
|
|
|
|
|
|
|
USA |
|
|
|
|
|
|
|
|
Sebree smelter - Kentucky (b) |
0.0% |
- |
- |
- |
- |
- |
87 |
- |
(a) The curtailment of production at the Gove refinery was completed on 28 May 2014.
(b) Rio Tinto sold its 100% interest in the Sebree smelter with an effective date of 1 June 2013. Production data are shown up to that date.
|
Rio Tinto percentage interest shown above is at 31 December 2014. The data represent full production and sales on a 100% basis unless otherwise stated. |
Rio Tinto operational data |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Rio Tinto
interest |
4Q
2013 |
1Q
2014 |
2Q
2014 |
3Q
2014 |
4Q
2014 |
Full Year
2013 |
Full Year
2014 |
|
|
|
|
|
|
|
|
|
BORATES |
|
|
|
|
|
|
|
|
Rio Tinto Minerals - borates |
100.0% |
|
|
|
|
|
|
|
US and Argentina |
|
|
|
|
|
|
|
|
Borates ('000 tonnes) (a) |
|
121 |
126 |
133 |
127 |
123 |
495 |
508 |
(a) Production is expressed as B2O3 content.
|
|
|
|
|
|
|
|
|
|
COAL |
|
|
|
|
|
|
|
|
Rio Tinto Coal Australia |
|
|
|
|
|
|
|
|
Bengalla mine |
32.0% |
|
|
|
|
|
|
|
New South Wales |
|
|
|
|
|
|
|
|
Thermal coal ('000 tonnes) |
|
1,992 |
2,369 |
2,045 |
2,083 |
2,061 |
8,232 |
8,558 |
Clermont Coal mine (a) |
0.0% |
|
|
|
|
|
|
|
Queensland |
|
|
|
|
|
|
|
|
Thermal coal ('000 tonnes) |
|
2,986 |
2,567 |
2,265 |
- |
- |
11,782 |
4,832 |
Hail Creek Coal mine |
82.0% |
|
|
|
|
|
|
|
Queensland |
|
|
|
|
|
|
|
|
Hard coking coal ('000 tonnes) |
|
1,873 |
1,451 |
1,631 |
1,557 |
1,853 |
6,839 |
6,492 |
Thermal coal ('000 tonnes) (b) |
|
166 |
390 |
420 |
856 |
639 |
191 |
2,304 |
Hunter Valley Operations |
80.0% |
|
|
|
|
|
|
|
New South Wales |
|
|
|
|
|
|
|
|
Semi-soft coking coal ('000 tonnes) |
|
659 |
539 |
481 |
365 |
550 |
2,634 |
1,935 |
Thermal coal ('000 tonnes) |
|
2,533 |
2,937 |
2,728 |
3,415 |
2,844 |
11,002 |
11,924 |
Kestrel Coal mine |
80.0% |
|
|
|
|
|
|
|
Queensland |
|
|
|
|
|
|
|
|
Hard coking coal ('000 tonnes) |
|
908 |
781 |
613 |
621 |
149 |
2,553 |
2,163 |
Thermal coal ('000 tonnes) |
|
75 |
88 |
109 |
56 |
311 |
463 |
564 |
Mount Thorley Operations |
64.0% |
|
|
|
|
|
|
|
New South Wales |
|
|
|
|
|
|
|
|
Semi-soft coking coal ('000 tonnes) |
|
477 |
554 |
570 |
496 |
333 |
1,846 |
1,952 |
Thermal coal ('000 tonnes) |
|
547 |
596 |
665 |
780 |
200 |
2,357 |
2,241 |
Rio Tinto percentage interest shown above is at 31 December 2014. The data represent full production and sales on a 100% basis unless otherwise stated. |
Rio Tinto operational data |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Rio Tinto
interest |
4Q
2013 |
1Q
2014 |
2Q
2014 |
3Q
2014 |
4Q
2014 |
Full Year
2013 |
Full Year
2014 |
|
|
|
|
|
|
|
|
|
COAL (continued) |
|
|
|
|
|
|
|
|
Warkworth mine |
44.5% |
|
|
|
|
|
|
|
New South Wales |
|
|
|
|
|
|
|
|
Semi-soft coking coal ('000 tonnes) |
|
202 |
339 |
345 |
80 |
170 |
1,281 |
933 |
Thermal coal ('000 tonnes) |
|
1,779 |
1,439 |
1,692 |
1,598 |
2,073 |
6,995 |
6,803 |
Total hard coking coal production ('000 tonnes) |
|
2,780 |
2,232 |
2,244 |
2,178 |
2,002 |
9,392 |
8,655 |
Total semi-soft coking coal production ('000 tonnes) |
|
1,338 |
1,431 |
1,395 |
942 |
1,052 |
5,761 |
4,821 |
Total thermal coal production ('000 tonnes) |
|
10,078 |
10,387 |
9,924 |
8,787 |
8,129 |
41,023 |
37,227 |
Total coal production ('000 tonnes) |
|
14,196 |
14,050 |
13,563 |
11,906 |
11,183 |
56,176 |
50,703 |
|
|
|
|
|
|
|
|
|
Total coal sales ('000 tonnes) |
|
15,027 |
14,014 |
13,569 |
11,409 |
12,395 |
55,823 |
51,386 |
Rio Tinto Coal Australia share (c) |
|
|
|
|
|
|
|
|
Share of hard coking coal sales ('000 tonnes) |
|
2,289 |
1,990 |
2,152 |
1,563 |
1,978 |
7,445 |
7,683 |
Share of semi-soft coal sales ('000 tonnes) (d) |
|
1,048 |
820 |
803 |
790 |
812 |
3,950 |
3,225 |
Share of thermal coal sales ('000 tonnes) (d) |
|
5,750 |
5,827 |
5,447 |
4,972 |
5,183 |
22,316 |
21,429 |
(a) Rio Tinto sold its 50.1% interest in the Clermont mine with an effective date of 29 May 2014. Production data are shown up to that date.
(b) Hail Creek commenced production of thermal coal from a processing plant by-product stream following completion of a successful trial in the third quarter of 2013.
(c) Kestrel produces hard coking coal and thermal coal through its mining operations. These coals may be blended at ports.
(d) Sales relate only to coal mined by the operations and exclude traded coal.
|
Rio Tinto Coal Mozambique |
|
|
|
|
|
|
|
|
Benga mine (a) |
0.0% |
|
|
|
|
|
|
|
Hard coking coal production ('000 tonnes) |
|
228 |
91 |
288 |
236 |
26 |
867 |
641 |
Thermal coal production ('000 tonnes) |
|
196 |
82 |
271 |
216 |
23 |
754 |
593 |
(a) Rio Tinto completed the sale of Rio Tinto Coal Mozambique and its 65% interest in the Benga mine with an effective date of 7 October 2014. Production data are shown up to that date.
|
Rio Tinto percentage interest shown above is at 31 December 2014. The data represent full production and sales on a 100% basis unless otherwise stated. |
Rio Tinto operational data |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Rio Tinto
interest |
4Q
2013 |
1Q
2014 |
2Q
2014 |
3Q
2014 |
4Q
2014 |
Full Year
2013 |
Full Year
2014 |
|
|
|
|
|
|
|
|
|
COPPER & GOLD |
|
|
|
|
|
|
|
|
Escondida |
30.0% |
|
|
|
|
|
|
|
Chile |
|
|
|
|
|
|
|
|
Sulphide ore to concentrator ('000 tonnes) |
|
19,584 |
21,051 |
21,438 |
20,652 |
18,354 |
76,119 |
81,494 |
Average copper grade (%) |
|
1.30 |
1.12 |
1.33 |
1.20 |
1.45 |
1.38 |
1.27 |
Mill production (metals in concentrates): |
|
|
|
|
|
|
|
|
Contained copper ('000 tonnes) |
|
214.4 |
195.5 |
235.6 |
205.5 |
215.7 |
886.2 |
852.4 |
Contained gold ('000 ounces) |
|
24 |
29 |
27 |
22 |
13 |
94 |
90 |
Contained silver ('000 ounces) |
|
1,124 |
1,326 |
1,439 |
1,159 |
958 |
4,032 |
4,883 |
Recoverable copper in ore stacked for leaching ('000 tonnes) (a) |
|
64.9 |
67.1 |
62.3 |
75.3 |
80.5 |
235.3 |
285.2 |
Refined production from leach plants: |
|
|
|
|
|
|
|
|
Copper cathode production ('000 tonnes) |
|
77.5 |
75.8 |
81.5 |
69.3 |
75.0 |
305.3 |
301.5 |
(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) |
|
18,837 |
10,617 |
9,368 |
12,488 |
16,892 |
65,418 |
49,365 |
Average mill head grades: |
|
|
|
|
|
|
|
|
Copper (%) |
|
0.87 |
0.73 |
0.73 |
0.88 |
0.78 |
0.76 |
0.78 |
Gold (g/t) |
|
0.99 |
0.79 |
0.65 |
1.28 |
0.87 |
0.69 |
0.91 |
Silver (g/t) |
|
3.72 |
3.34 |
3.08 |
3.90 |
2.14 |
2.99 |
3.02 |
Production of metals in concentrates: |
|
|
|
|
|
|
|
|
Copper in concentrates ('000 tonnes) |
|
148.9 |
67.5 |
58.7 |
97.7 |
114.7 |
436.3 |
338.7 |
Gold in concentrates ('000 ounces) |
|
517 |
215 |
147 |
439 |
374 |
1,177 |
1,175 |
Silver in concentrates ('000 ounces) |
|
1,479 |
558 |
499 |
913 |
672 |
3,868 |
2,642 |
Sales of payable metals in concentrates: (c) |
|
|
|
|
|
|
|
|
Copper in concentrates ('000 tonnes) |
|
138.3 |
50.6 |
54.3 |
120.0 |
113.3 |
407.3 |
338.2 |
Gold in concentrates ('000 ounces) |
|
475 |
163 |
136 |
505 |
372 |
1,096 |
1,176 |
Silver in concentrates ('000 ounces) |
|
1,090 |
334 |
367 |
889 |
543 |
2,866 |
2,133 |
(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 4Q 2014 results show the forecast from FCX's most recent five-year plan, because FCX is not releasing its actual 100% operating data for 4Q 2014 until the release of its 2014 fourth-quarter results on 27 January 2015.
(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 December 2014. The data represent full production and sales on a 100% basis unless otherwise stated. |
Rio Tinto operational data |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Rio Tinto
interest |
4Q
2013 |
1Q
2014 |
2Q
2014 |
3Q
2014 |
4Q
2014 |
Full Year
2013 |
Full Year
2014 |
|
|
|
|
|
|
|
|
|
COPPER & GOLD (continued) |
|
|
|
|
|
|
|
|
Kennecott Utah Copper |
|
|
|
|
|
|
|
|
Barneys Canyon mine (a) |
100.0% |
|
|
|
|
|
|
|
Utah, US |
|
|
|
|
|
|
|
|
Gold produced ('000 ounces) |
|
0.0 |
0.0 |
0.4 |
0.0 |
0.0 |
0.4 |
0.4 |
Bingham Canyon mine |
100.0% |
|
|
|
|
|
|
|
Utah, US |
|
|
|
|
|
|
|
|
Ore treated ('000 tonnes) |
|
13,088 |
11,916 |
10,480 |
12,184 |
6,404 |
43,606 |
40,984 |
Average ore grade: |
|
|
|
|
|
|
|
|
Copper (%) |
|
0.56 |
0.65 |
0.65 |
0.49 |
0.37 |
0.55 |
0.56 |
Gold (g/t) |
|
0.28 |
0.25 |
0.33 |
0.33 |
0.26 |
0.21 |
0.30 |
Silver (g/t) |
|
3.12 |
2.62 |
3.26 |
3.01 |
2.22 |
3.01 |
2.83 |
Molybdenum (%) |
|
0.032 |
0.029 |
0.044 |
0.069 |
0.060 |
0.031 |
0.050 |
Copper concentrates produced ('000 tonnes) |
|
257 |
299 |
225 |
193 |
82 |
885 |
799 |
Average concentrate grade (% Cu) |
|
25.1 |
23.1 |
27.5 |
27.2 |
24.8 |
23.8 |
25.5 |
Production of metals in copper concentrates: |
|
|
|
|
|
|
|
|
Copper ('000 tonnes) (b) |
|
64.5 |
69.2 |
61.9 |
52.8 |
20.5 |
211.0 |
204.3 |
Gold ('000 ounces) |
|
74 |
63 |
77 |
87 |
33 |
207 |
260 |
Silver ('000 ounces) |
|
930 |
744 |
864 |
970 |
356 |
2,876 |
2,935 |
Molybdenum concentrates produced ('000 tonnes): |
|
3.5 |
1.9 |
4.6 |
10.5 |
4.9 |
11.1 |
21.9 |
Molybdenum in concentrates ('000 tonnes) |
|
1.8 |
0.9 |
2.5 |
5.6 |
2.6 |
5.7 |
11.5 |
(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) |
|
266 |
273 |
309 |
205 |
122 |
890 |
908 |
Copper anodes produced ('000 tonnes) (a) |
|
56.9 |
57.4 |
71.7 |
50.2 |
24.9 |
192.0 |
204.2 |
Production of refined metal: |
|
|
|
|
|
|
|
|
Copper ('000 tonnes) |
|
57.7 |
53.1 |
70.1 |
62.7 |
18.3 |
193.6 |
204.1 |
Gold ('000 ounces) (b) |
|
47.8 |
62.0 |
59.8 |
79.3 |
51.1 |
192.3 |
252.2 |
Silver ('000 ounces) (b) |
|
633 |
598 |
818 |
759 |
636 |
2,158 |
2,811 |
(a) New metal excluding recycled material.
(b) Includes gold and silver in intermediate products.
|
Rio Tinto percentage interest shown above is at 31 December 2014. The data represent full production and sales on a 100% basis unless otherwise stated. |
Rio Tinto operational data |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Rio Tinto
interest |
4Q
2013 |
1Q
2014 |
2Q
2014 |
3Q
2014 |
4Q
2014 |
Full Year
2013 |
Full Year
2014 |
|
|
|
|
|
|
|
|
|
COPPER & GOLD (continued) |
|
|
|
|
|
|
|
|
Northparkes Joint Venture (a) |
0.0% |
|
|
|
|
|
|
|
New South Wales, Australia |
|
|
|
|
|
|
|
|
Ore treated ('000 tonnes) |
|
989 |
- |
- |
- |
- |
5,478 |
- |
Average ore grade: |
|
|
|
|
|
|
|
|
Copper (%) |
|
1.03 |
- |
- |
- |
- |
1.04 |
- |
Gold (g/t) |
|
0.44 |
- |
- |
- |
- |
0.47 |
- |
Copper concentrates produced ('000 tonnes) |
|
27.1 |
- |
- |
- |
- |
153.6 |
- |
Contained copper in concentrates: |
|
|
|
|
|
|
|
|
Saleable production ('000 tonnes) |
|
9.0 |
- |
- |
- |
- |
50.6 |
- |
Sales ('000 tonnes) (b) |
|
11.6 |
- |
- |
- |
- |
42.5 |
- |
Contained gold in concentrates: |
|
|
|
|
|
|
|
|
Saleable production ('000 ounces) |
|
10.1 |
- |
- |
- |
- |
61.6 |
- |
Sales ('000 ounces) (b) |
|
14.1 |
- |
- |
- |
- |
53.4 |
- |
(a) Rio Tinto sold its 80% interest in Northparkes with an effective date of 1 December 2013. Production data are shown up to that date.
(b) Rio Tinto's 80% share of material from the Joint Venture.
|
Turquoise Hill Resources |
|
|
|
|
|
|
|
|
Oyu Tolgoi mine (a) |
33.5% |
|
|
|
|
|
|
|
Mongolia |
|
|
|
|
|
|
|
|
Ore Treated ('000 tonnes) |
|
7,835 |
5,560 |
7,778 |
7,029 |
7,505 |
20,317 |
27,872 |
Average mill head grades: |
|
|
|
|
|
|
|
|
Copper (%) |
|
0.49 |
0.52 |
0.53 |
0.59 |
0.74 |
0.47 |
0.60 |
Gold (g/t) |
|
0.41 |
0.49 |
0.60 |
0.80 |
1.46 |
0.36 |
0.86 |
Silver (g/t) |
|
1.44 |
1.52 |
1.57 |
1.64 |
1.65 |
1.39 |
1.60 |
Copper concentrates produced ('000 tonnes) |
|
129.5 |
102.9 |
140.0 |
134.1 |
186.7 |
290.0 |
563.6 |
Average concentrate grade (% Cu) |
|
25.4 |
24.6 |
25.8 |
27.3 |
26.9 |
26.4 |
26.3 |
Production of metals in concentrates: |
|
|
|
|
|
|
|
|
Copper in concentrates ('000 tonnes) |
|
32.9 |
25.3 |
36.2 |
36.6 |
50.3 |
76.7 |
148.4 |
Gold in concentrates ('000 ounces) |
|
73.7 |
65.6 |
113.0 |
132.0 |
278.2 |
157.0 |
588.7 |
Silver in concentrates ('000 ounces) |
|
208 |
163 |
229 |
216 |
286 |
489 |
893 |
Sales of metals in concentrates: |
|
|
|
|
|
|
|
|
Copper in concentrates ('000 tonnes) |
|
6.1 |
13.1 |
51.6 |
53.6 |
67.6 |
6.1 |
185.8 |
Gold in concentrates ('000 ounces) |
|
10 |
28 |
126 |
144 |
263 |
10 |
561 |
Silver in concentrates ('000 ounces) |
|
36 |
78 |
309 |
323 |
383 |
36 |
1,093 |
(a) Rio Tinto owns a 33.52% indirect interest in Oyu Tolgoi through its 50.79% interest in Turquoise Hill Resources. Production included in the table is from 1 May 2013.
|
Rio Tinto percentage interest shown above is at 31 December 2014. The data represent full production and sales on a 100% basis unless otherwise stated. |
Rio Tinto operational data |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Rio Tinto
interest |
4Q
2013 |
1Q
2014 |
2Q
2014 |
3Q
2014 |
4Q
2014 |
Full Year
2013 |
Full Year
2014 |
|
|
|
|
|
|
|
|
|
COPPER & GOLD (continued) |
|
|
|
|
|
|
|
|
Palabora (a) |
0.0% |
|
|
|
|
|
|
|
Palabora Mine |
|
|
|
|
|
|
|
|
South Africa |
|
|
|
|
|
|
|
|
Ore Treated ('000 tonnes) |
|
- |
- |
- |
- |
- |
4,360 |
- |
Average ore grade: copper (%) |
|
- |
- |
- |
- |
- |
0.57 |
- |
Copper concentrates produced ('000 tonnes) |
|
- |
- |
- |
- |
- |
83.2 |
- |
Average concentrate grade: copper (%) |
|
- |
- |
- |
- |
- |
26.7 |
- |
Copper in concentrates ('000 tonnes) |
|
- |
- |
- |
- |
- |
22.2 |
- |
Palabora smelter/refinery |
|
|
|
|
|
|
|
|
New concentrate smelted on site ('000 tonnes) |
|
- |
- |
- |
- |
- |
111.3 |
- |
New copper anodes produced ('000 tonnes) |
|
- |
- |
- |
- |
- |
27.3 |
- |
Refined new copper produced ('000 tonnes) |
|
- |
- |
- |
- |
- |
25.8 |
- |
Gold in Anode Slimes ('000 tonnes) |
|
- |
- |
- |
- |
- |
5.5 |
- |
By-products: |
|
|
|
|
|
|
|
|
Magnetite concentrate ('000 tonnes) |
|
- |
- |
- |
- |
- |
2,628 |
- |
Nickel contained in products (tonnes) |
|
- |
- |
- |
- |
- |
17 |
- |
Vermiculite plant |
|
|
|
|
|
|
|
|
Vermiculite produced ('000 tonnes) |
|
- |
- |
- |
- |
- |
73 |
- |
(a) The sale of Rio Tinto's 57.7% interest in Palabora Mining Company was completed on 31 July 2013; production data have been reported up to 30 June 2013.
|
|
|
|
|
|
|
|
|
|
DIAMONDS |
|
|
|
|
|
|
|
|
Argyle Diamonds (a) |
100.0% |
|
|
|
|
|
|
|
Western Australia |
|
|
|
|
|
|
|
|
AK1 ore processed ('000 tonnes) |
|
1,728 |
724 |
712 |
876 |
688 |
7,278 |
2,999 |
AK1 diamonds produced ('000 carats) |
|
3,153 |
2,461 |
2,459 |
2,455 |
1,813 |
11,359 |
9,188 |
(a) Rio Tinto officially opened the Argyle underground mine on 30 April 2013.
|
Diavik Diamonds |
60.0% |
|
|
|
|
|
|
|
Northwest Territories, Canada |
|
|
|
|
|
|
|
|
Ore processed ('000 tonnes) |
|
539 |
587 |
617 |
560 |
512 |
2,116 |
2,277 |
Diamonds recovered ('000 carats) |
|
2,066 |
1,865 |
2,150 |
1,673 |
1,545 |
7,243 |
7,233 |
Murowa Diamonds |
77.8% |
|
|
|
|
|
|
|
Zimbabwe |
|
|
|
|
|
|
|
|
Ore processed ('000 tonnes) |
|
144 |
142 |
135 |
153 |
160 |
564 |
590 |
Diamonds recovered ('000 carats) |
|
135 |
89 |
107 |
116 |
130 |
414 |
442 |
Rio Tinto percentage interest shown above is at 31 December 2014. The data represent full production and sales on a 100% basis unless otherwise stated. |
Rio Tinto operational data |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Rio Tinto
interest |
4Q
2013 |
1Q
2014 |
2Q
2014 |
3Q
2014 |
4Q
2014 |
Full Year
2013 |
Full Year
2014 |
|
|
|
|
|
|
|
|
|
IRON ORE |
|
|
|
|
|
|
|
|
Rio Tinto Iron Ore |
|
|
|
|
|
|
|
|
Western Australia |
|
|
|
|
|
|
|
|
Pilbara Operations |
|
|
|
|
|
|
|
|
Saleable iron ore production ('000 tonnes) |
|
|
|
|
|
|
|
|
Hamersley mines |
(a) |
38,381 |
36,345 |
39,742 |
41,837 |
45,239 |
143,347 |
163,163 |
Hamersley - Channar |
60.0% |
2,692 |
2,737 |
2,737 |
2,938 |
2,502 |
11,047 |
10,913 |
Hope Downs |
50.0% |
9,112 |
9,559 |
10,187 |
11,292 |
11,677 |
33,788 |
42,715 |
Robe River - Pannawonica (Mesas J and A) |
53.0% |
8,661 |
8,168 |
8,547 |
9,144 |
8,677 |
33,308 |
34,535 |
Robe River - West Angelas |
53.0% |
7,635 |
6,564 |
7,845 |
7,657 |
7,198 |
29,093 |
29,264 |
Total production ('000 tonnes) |
|
66,481 |
63,373 |
69,057 |
72,868 |
75,292 |
250,583 |
280,590 |
Breakdown of total production: |
|
|
|
|
|
|
|
|
Pilbara Blend Lump |
|
17,374 |
17,031 |
18,688 |
19,416 |
20,298 |
65,959 |
75,433 |
Pilbara Blend Fines |
|
25,993 |
24,795 |
28,397 |
30,711 |
31,213 |
97,646 |
115,115 |
Robe Valley Lump |
|
3,076 |
2,666 |
2,863 |
3,051 |
3,002 |
11,184 |
11,582 |
Robe Valley Fines |
|
5,585 |
5,502 |
5,684 |
6,093 |
5,675 |
22,124 |
22,953 |
Yandicoogina Fines (HIY) |
|
14,453 |
13,379 |
13,425 |
13,597 |
15,105 |
53,670 |
55,507 |
Breakdown of total sales: |
|
|
|
|
|
|
|
|
Pilbara Blend Lump |
|
15,628 |
14,971 |
16,246 |
17,378 |
17,295 |
55,864 |
65,889 |
Pilbara Blend Fines |
|
28,999 |
27,821 |
32,871 |
33,380 |
37,370 |
101,366 |
131,441 |
Robe Valley Lump |
|
3,096 |
2,264 |
2,764 |
2,651 |
2,708 |
9,891 |
10,387 |
Robe Valley Fines |
|
6,592 |
5,431 |
6,247 |
6,124 |
6,514 |
23,172 |
24,317 |
Yandicoogina Fines (HIY) |
|
14,504 |
13,732 |
13,712 |
14,198 |
14,628 |
53,969 |
56,270 |
Total sales ('000 tonnes) (b) |
|
68,819 |
64,219 |
71,841 |
73,731 |
78,515 |
244,262 |
288,305 |
(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) |
|
1,801 |
1,071 |
1,924 |
1,593 |
1,439 |
6,792 |
6,026 |
Pellets ('000 tonnes) |
|
2,152 |
1,934 |
2,104 |
2,322 |
2,388 |
8,576 |
8,748 |
Sales: |
|
|
|
|
|
|
|
|
Concentrates ('000 tonnes) |
|
1,530 |
633 |
1,904 |
2,288 |
1,246 |
6,195 |
6,071 |
Pellets ('000 tonnes) |
|
2,064 |
1,876 |
1,931 |
1,996 |
2,402 |
8,583 |
8,204 |
Global Iron Ore Totals |
|
|
|
|
|
|
|
|
Iron Ore Production ('000 tonnes) |
|
70,434 |
66,377 |
73,085 |
76,784 |
79,119 |
265,951 |
295,365 |
Iron Ore Sales ('000 tonnes) |
|
72,414 |
66,728 |
75,675 |
78,014 |
82,163 |
259,041 |
302,580 |
Rio Tinto percentage interest shown above is at 31 December 2014. The data represent full production and sales on a 100% basis unless otherwise stated. |
Rio Tinto operational data |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Rio Tinto
interest |
4Q
2013 |
1Q
2014 |
2Q
2014 |
3Q
2014 |
4Q
2014 |
Full Year
2013 |
Full Year
2014 |
|
|
|
|
|
|
|
|
|
SALT |
|
|
|
|
|
|
|
|
Dampier Salt |
68.4% |
|
|
|
|
|
|
|
Western Australia |
|
|
|
|
|
|
|
|
Salt production ('000 tonnes) |
|
2,759 |
2,320 |
2,616 |
2,293 |
2,709 |
9,841 |
9,938 |
|
|
|
|
|
|
|
|
|
TITANIUM DIOXIDE FEEDSTOCK |
|
|
|
|
|
|
|
|
Rio Tinto Iron & Titanium |
100.0% |
|
|
|
|
|
|
|
Canada and South Africa |
|
|
|
|
|
|
|
|
(Rio Tinto share) (a) |
|
|
|
|
|
|
|
|
Titanium dioxide feedstock ('000 tonnes) |
|
361 |
389 |
372 |
365 |
316 |
1,622 |
1,443 |
(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) |
|
1,108 |
0 |
0 |
1,247 |
1,322 |
6,525 |
2,569 |
(a) ERA production reported is 'drummed' U3O8.
|
Rössing Uranium Ltd |
68.6% |
|
|
|
|
|
|
|
Namibia |
|
|
|
|
|
|
|
|
U3O8 Production ('000 lbs) |
|
1,072 |
939 |
664 |
896 |
902 |
5,312 |
3,401 |
|
|
|
|
|
|
|
|
|
Rio Tinto percentage interest shown above is at 31 December 2014. The data represent full production and sales on a 100% basis unless otherwise stated. |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
