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17 OCTOBER 2020 AL CIRCLE

Rio Tinto’s alumina production stood 4% higher in January-September 2020

EDITED BY : HEENA IQBAL 1MINS READ

Rio Tinto’s alumina production in the third quarter of 2020 was 7% higher than the same period of 2019. This was due to higher production at both Pacific refineries, considering a planned major shutdown at Yarwun during the quarter.

Alumina production stood at 1.954 million tonnes in Q3. On a quarter-on-quarter comparison, the output registered a decrease of 2%.

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 Rio Tinto Chief Executive J-S Jacques said “ Rio Tinto has shown great resilience through challenging conditions and will continue to prioritise the health and safety of our employees, contractors and communities. The quality of our assets, coupled with our strong focus on capital discipline and value over volume approach, mean we can continue to invest in our business, support our communities, pay taxes and royalties to host governments and continue to generate superior returns to shareholders in the short, medium and long term.”

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The company reported 4% increase in alumina output in the first nine months of 2020. The production stood at 5.954 million tonnes in January-September 2020.


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EDITED BY : HEENA IQBAL 1MINS READ

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