Rio Tinto 3 mths to Dec output mixed, iron ore lower vs Q3 |
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Published
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Wed, 17 Jan 2007 06:04
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SYDNEY (XFN-ASIA) - Rio Tinto's output across commodities was mixed in the three months to December with iron ore production down two pct from the September quarter due to the impact of maintenance activities.Iron ore output fell to 35.06 mln metric tons from the previous quarter's 35.74 mln but annual production rose seven pct to a record 132.78 mln tons from 124.49 mln in 2005.Rio Tinto said mined copper production increased 15 pct in the final quarter to 209,800 tons from the third quarter while mined copper output for the year rose two pct to 803,500 tons.In the previous quarter output was affected by industrial action at the partly owned Escondida mine in northern Chile.December quarter refined copper production fell 29 pct to 54,000 tons from the third quartermainly due to the effects of an extended, scheduled maintenance shutdown at the Kennecott Utah copper smelter in the US.Annual refined copper output was down five pct from a year earlier at 299,200 tons.December quarter hard coking coal output at 1.52 mln tons fell 12 pct from the third quarter while output for the December year was down 18 pct at 5.91 mln tons.Alumina output for the December quarter fell three pct from the September quarter to 795,000 tons while full year output was up 10 pct at 3.25 mln tons.bruce.hextall@xfn.com
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China demonstrating growing influence over global steel industry - Fitch 