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16 JANUARY 2018 AL CIRCLE

Strong operational performances at Gove & Weipa lift Rio Tinto’s 2017 bauxite production

EDITED BY : HEENA IQBAL 1MINS READ

Global miner Rio Tinto today announced production results for the fourth quarter and full year 2017. Rio Tinto’s bauxite production in 2017 was six per cent higher than 2016.

The company produced 50.8 million tonnes of bauxite in 2017. “Production at Gove was 23 per cent higher than 2016, benefitting from the planned production ramp-up associated with de-bottlenecking of capacity, whilst production at Weipa was five per cent higher than 2016,” it said.

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Rio Tinto’s bauxite production in fourth quarter was 14 per cent higher than the corresponding quarter of 2016. Bauxite production was 13.8 million tonnes in the fourth quarter of 2017.

The third party shipments of 32.3 million tonnes were achieved in 2017, ten per cent higher than 2016. Fourth quarter shipments were 25 per cent higher than the fourth quarter of 2016.

In 2018, the company’s share of production is expected to be between 49 and 51 million tonnes of bauxite.

Rio Tinto said that its Amrun bauxite project is advancing to plan. All wharf modules are now installed and the process plant beneficiation modules and transfer tower are in location.


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EDITED BY : HEENA IQBAL 1MINS READ

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