19 APRIL 2016Rio Tinto Press Release
Rio Tinto's Q1 2016 bauxite production rises 6% YoY
Edited by : AL CIRCLE
1 min read
Rio Tinto released robust first quarter production results for FY2016. Despite weakness in global commodity prices, the mining and metals giant reported year-over-year increase in production of bauxite, the prime ore for aluminium production.
Bauxite production of 11.1 million tonnes during the first quarter of 2016 was a six per cent increase on the first quarter of 2015 and was in line with the previous quarter. Strong performance in ramping up the Gove mine increased production by 30 per cent to 2.2 million tonnes and record production at Sangaredi(CBG), at 1.9 million tonnes, was 16 per cent higher compared with the first quarter of 2015.
Third party shipments of 6.8 million tonnes were six per cent higher than the first quarter of 2015.
Bauxite production of 11.1 million tonnes during the first quarter of 2016 was a six per cent increase on the first quarter of 2015 and was in line with the previous quarter. Strong performance in ramping up the Gove mine increased production by 30 per cent to 2.2 million tonnes and record production at Sangaredi(CBG), at 1.9 million tonnes, was 16 per cent higher compared with the first quarter of 2015.
Third party shipments of 6.8 million tonnes were six per cent higher than the first quarter of 2015.
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