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BRIEF-Rio Tinto says Q1 Pilbara Iron ore shipments 76.7 MT vs 87.7 MT in prior quarter

Published 20/04/2017, 08:53 am
© Reuters.  BRIEF-Rio Tinto says Q1 Pilbara Iron ore shipments 76.7 MT vs 87.7 MT in prior quarter
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April 20 (Reuters) - Rio Tinto (LON:RIO) Ltd RIO.AX -

* Qtrly Pilbara Iron ore shipments 76.7 mt versus 87.7 mt in prior quarter

* Q1 mined copper production 84.2 kt versus 133.8 kt in prior quarter

* Qtrly pilbara iron ore production 77.2 mt versus 85.5 mt in prior quarter

* Q1 aluminium production 889 kt versus 925 kt in prior quarter

* Rio Tinto's expected Pilbara shipments in 2017 remains at between 330 and 340 million tonnes (100 per cent basis)

* In 2017, Rio Tinto's expected share of mined copper production has been revised to between 500 and 550 thousand tonnes (previously 525 to 665 thousand tonnes)

* Share of production in 2017 is expected to be unchanged at 48 to 50 million tonnes of bauxite, 8.0 to 8.2 million tonnes of alumina and 3.5 to 3.7 million tonnes of aluminium

* Damage to rail lines caused by Cyclone Debbie in queensland is expected to impact timing, and potentially volume, of shipments from hail creek over course of year

* "An explosion in one of carbon monoxide gas service plants in sorel-tracy occurred on 30 march 2017."

* Incident is not expected to have a material impact on full year production.

* "Expected that operations in escondida will ramp-up to normal production levels by july 2017" Source text for Eikon: ID:nASX2MbDtX Further company coverage: RIO.AX

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