Rio Tinto¡¯s Q3 2019 bauxite production up 9% YoY; alumina production down 7%

Rio Tinto’s third quarter bauxite production stood 9% higher than the same period of 2018, with increased production across all sites. Production came in at 13.79 million tonnes, up 3% quarter-on-quarter.

Bauxite production stood at 39.96 million tonnes in the first nine months of 2019, with a year-on-year increase of 3%.

The company shipped 10.4 million tonnes of bauxite to third parties in the third quarter, 23% higher than the same period of 2018. The third-party shipments stood at 28.68 million tonnes in January-September, 13% higher than the same period of 2018.

Rio expects its share of bauxite production to be around 54 million tonnes (previously 56 to 59 million tonnes), reflecting weather related events in the first quarter, downtime to address commissioning items on new mines and lower production from the Pacific refineries.

Rio Tinto’s alumina production in Q3 2019 stood at 1.8 million tonnes, 7% lower than the same period of 2018. Alumina production in the nine months was 5.7 million tonnes, down 4% YoY.

"Production at Yarwun was lower due to an extended 35-day shutdown, which included a planned five-year maintenance service of the cogeneration plant. Normal production has since resumed at Yarwun. Production at the Queensland Alumina non-managed JV was impacted by maintenance activities, with the site expected to ramp back to full capacity during the fourth quarter,” Rio Tinto said.

Rio Tinto’s expected share of alumina production is around 7.7 million tonnes (previously 8.1 to 8.4 million tonnes) due primarily to maintenance activities in the Pacific refineries.

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