Rio Tinto Group Reports Production Results for the Fourth Quarter and Full Year of 2023
January 16, 2024 at 03:01 am IST
Rio Tinto Group reported production results for the fourth quarter and full year of 2023. For the quarter, the company reported Pilbara iron ore shipments of 86.3 Mt, decreased by 1% compared to fourth quarter of 2022. Pilbara iron ore production was 87.5 Mt, decreased by 2% compared to fourth quarter of 2022. Production of Bauxite was 15.1 Mt, increased by 15% compared to fourth quarter of 2022. Production of Alminium was 846 kt, increased by 8% compared to fourth quarter of 2022. Production of Mined Copper was 160 kt, increased by 5% compared to fourth quarter of 2022. Production of Titanium dioxide slag was 275 kt, decreased by 15% compared to fourth quarter of 2022. Production of IOC iron ore pellets and concentrate was 2.7 Mt, increased by 7% compared to fourth quarter of 2022.
For the full year, the company reported Pilbara iron ore shipments of 331.8 Mt, increased by 3% compared to full year of 2022. Pilbara iron ore production was 331.5 Mt, increased by 2% compared to full year of 2022. Production of Bauxite was 54.6 Mt with no change compared to full year of 2022. Production of Alminium was 3,272 kt, increased by 9% compared to full year of 2022. Production of Mined Copper was 620 kt, increased by 2% compared to full year of 2022. Production of Titanium dioxide slag was 1,111 kt, decreased by 7% compared to full year of 2022. Production of IOC iron ore pellets and concentrate was 9.7 Mt, decreased by 6% compared to full year of 2022.