Rio Tinto reports Q4 Pilbara iron ore production 87.5 Mt, up 2% from last year

Reports Q4 Bauxite production 15.1 Mt, up 0% y/y. Reports Q4 Aluminum production 846 kt, up 9% y/y. Reports Q4 mined Copper 160 kt, up 2% y/y. Tinto Chief Executive Jakob Stausholm said: “We were fatality free for the fifth consecutive year at our managed operations but we remain vigilant and continue to learn from safety incidents. The Group’s total copper equivalent production increased by just over 3% from 2022, reflecting the Gudai-Darri mine in the Pilbara reaching its nameplate capacity and deployment of our Safe Production System. We also benefited from our increased ownership in Oyu Tolgoi as the underground ramps up and the Kitimat aluminium smelter returned to full capacity.”