Rio Tinto: production up in 2nd quarter
Among its other main raw materials, aluminum production rose by 1%, bauxite by 9%, copper ore by 18% and iron ore granules and concentrates by 6%.
Only titanium dioxide production was down, at -22%, again compared with the 2nd quarter of the previous year.
Construction of the Simandou iron ore project in Guinea is progressing at a good pace, the start-up of underground mining at Oyu Tolgoi is on track, and we expect to achieve first production from the Rincon pilot plant by the end of the year", said Rio Tinto CEO Jakob Stausholm.
He also referred to "a clear direction towards long-term profitable growth" and "the pursuit of attractive returns for shareholders".
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