Rio Tinto Plc : Production affected by several factors in Q1 2019 but also in Q2
>Iron ore production hit by cyclones in Q1 2019 - Rio Tinto posted a mixed set of production figures for Q1 2019, with a drop (expected) in iron ore production partially offset by an increase in production for the other businesses. The iron ore division (65% of EBITDA 2019e) saw production at its Pilbara complex drop by 9% to 76.0 Mt (base 100%) and its shipments decline by 14% to 69.1 Mt (base 100%) in Q1 2019. Production was impacted by: 1/ a fire at Cape Lambert A ...Rio Tinto is engaged in finding, mining and processing mineral resources. Co. has four product groups: iron ore, which supplies the global seaborne iron ore trade; aluminium, which includes bauxite mines, alumina refineries, and aluminium smelters; Copper and Diamonds, which has managed operations in Australia, Canada, Mongolia and the U.S., and non-managed operations in Chile and Indonesia, with by-product including gold, silver, molybdenum and others such as sulphuric acid, rhenium, and lead carbonate; and Energy and Minerals, which comprises mining, refining and marketing operations across borates, coal, iron ore concentrate and pellets, salt, titanium dioxide and uranium sectors.
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