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17 OCTOBER 2017 AL CIRCLE

Rio Tinto’s bauxite production up by 4% in Q3 2017

EDITED BY : HEENA IQBAL 1MINS READ

Rio Tinto announced the production results for the third quarter of 2017. The company registered a four per cent increase in bauxite production in the third quarter.

Rio Tinto’s bauxite production was 12.9 million tonnes for a second consecutive quarter. This was due to strong production at Weipa and Gove mine.  “Gove production was 11 per cent higher than the corresponding period in 2016 due to a planned production ramp-up associated with continued de-bottlenecking of capacity, whilst production at Weipa was up three per cent,” it said.

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The company produced 37 million tonnes of bauxite in the first nine months of 2017.

The third party shipments of 8.2 million tonnes were achieved in the third quarter,  two per cent higher than the corresponding quarter of 2016.

The company’s share of production in 2017 is revised to between 50 and 51 million tonnes of bauxite (previously 48 to 50 million tonnes).

The Amrun project is advancing to plan with key construction activities continuing, including installation of the first three wharf modules and fabrication and transportation to site of the process plant beneficiation modules.

 


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EDITED BY : HEENA IQBAL 1MINS READ

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