Rio Tinto reports Q3 Pilbara iron ore production 84.1 Mt, flat y/y

Reports Q3 Bauxite production 16.4 Mt, up 9% y/y. Reports Q3 Alumina production 1.9Mt, up 7% y/y. Reports Q3 mined Copper 204kt, up 10% y/y. Rio Tinto (RIO) CEO Jakob Stausholm said: “We continue to strengthen performance from our assets, setting back-to-back quarterly production records in our bauxite business and at Oyu Tolgoi – where the underground ramp-up remains on track to boost copper output by more than 50% this year. We are focused on delivering a strong finish to the year from the Pilbara. Our growth projects are also progressing at pace – at Simandou, we started loading first ore at the mine for movement down the rail and to the port in October. We are on track to meet production guidance for 2025, with an upwards revision to bauxite this quarter, and are well positioned to deliver compelling mid-term production growth. We will continue to deliver further shareholder value through operational excellence, simplification and discipline on performance and capital investment.”