Rio Tinto reports 8% QoQ rise in bauxite production in Q1 2019
Rio Tinto announced first quarter 2019 production results. Bauxite production stood at 12.8 million tonnes in Q1 2019, up one per cent from the same period of 2018.
“Increased production capacity following the expansion of Amrun in Queensland was partly offset by weather events throughout the quarter at Weipa, Amrun and Gove, which significantly impacted production,” the company said in its press release.
First quarter production was eight per cent higher than the fourth quarter of 2018.
The third party shipments of 8.8 million tonnes were achieved in the first quarter of 2019, seven per cent higher than same period of 2018. Third party shipments in Q1 2019 was 20 per cent higher the fourth quarter of 2018.
“The Amrun project was officially opened on 8 March 2019 and commissioning is complete. The project and construction workforce has been demobilised.”
The company’s expected share of bauxite production in 2019 is between 56 and 59 million tonnes.
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