Rio Tinto publishes its Q12017 aluminium production result

<p>Rio Tinto, one of the world's largest metals and mining corporations, has published details of its aluminium production result for the first quarter of 2017.</p> <p>Rio Tinto&rsquo;s data shows that the company produced 889 thousand tonnes of aluminium in the first quarter of 2017. The company&rsquo;s quarterly aluminium production is two per cent higher than the corresponding quarter of 2016.</p> <p><img style="vertical-align: middle; display: block; margin-left: auto; margin-right: auto;" src="http://www.alcircle.com/uploads/images/RTpotlines.jpg" alt="news" width="448" height="299" /></p> <p>It said that the increased aluminium production is due to Kitimat smelter, which reached nameplate capacity in April 2016, together with on-going production creep across the other smelting operations. Rio&rsquo;s aluminium production decreased by three per cent versus the fourth quarter of 2016.</p> <p>The company&rsquo;s share of production in 2017 is expected to be unchanged at 3.5 to 3.7 million tonnes of aluminium.</p> <p>{googleAdsense}</p> <p>Rio Tinto&rsquo;s CEO&nbsp;Jean-Sebastien&nbsp;Jacques said:&nbsp;&ldquo;We maintain our disciplined approach to capital management and maximising cash flow, with a focus on managing costs and enhancing productivity across the business. These actions support the delivery of strong cash returns to shareholders in the short, medium and long term.&rdquo;</p>