🕐20.01.15 - 00:00 Uhr

RIO TINTO RELEASES ROBUST FOURTH QUARTER PRODUCTION PERFORMANCE



 http://riotinto.msgfocus.com/q/13Vwu6ja93MRJvinOap0f/wv Follow us http://riotinto.msgfocus.com/c/15TXJiVmOlaP1NbXhA3nXZRP 20 January 2015 Rio Tinto releases robust fourth quarter production performance Download pdf here http://riotinto.msgfocus.com/c/15TXLlF9chLssWhGOFny4E9i Rio Tinto chief executive Sam Walsh said “We have had a successful year of production, capped off with a robust fourth quarter.

Output is in line with our targets across all of our major products.

In a challenging market Rio Tinto remains focused on operating and commercial excellence to leverage our low-cost position and maximise value for shareholders.” Q4’14 vs Q4’13 vs Q3’14 2014 vs 2013 Global iron ore shipments (100% basis) Mt 82.2 +13% +5% 302.6 +17% Global iron ore production (100% basis) Mt 79.1 +12% +3% 295.4 +11% Mined copper kt 128.3 -23% -15% 603.1 +4% Bauxite kt 10,794 -6% -1% 41,871 -3% Aluminium kt 842 -1% -1% 3,361 -1% Hard coking coal kt 1,656 -31% -14% 7,471 -9% Semi-soft and thermal coal kt 5,502 -16% -10% 25,099 -6% Titanium dioxide feedstock kt 316 -12% -13% 1,443 -11% Highlights Global iron ore shipments of 302.6 million tonnes (Rio Tinto share 239.9 million tonnes) were 17 per cent higher than 2013 and production of 295.4 million tonnes (Rio Tinto share 233.6 million tonnes) was an 11 per cent increase year on year.

Rio Tinto’s share of production in the period was 12 per cent higher than in 2013. Mined copper production for the year was four per cent higher than last year, driven by the sustained ramp-up at Oyu Tolgoi.

This ramp-up, along with higher grades at both Oyu Tolgoi and Kennecott, resulted in a 69 per cent increase in mined gold production over 2013. Global bauxite production was temporarily reduced by three per cent in 2014 as Gove transitions to bauxite exports following the curtailment of the refinery in May 2014. Aluminium production in 2014 was broadly in line with 2013, despite the closure of Shawinigan in November 2013 and the partial shutdown at Kitimat, which continues to prepare for full commissioning of the modernised smelter during the first half of 2015.

Eight smelters, representing 54 per cent of 2014 production volumes, achieved annual production records. Significant productivity gains across the Australian coal business delivered annual site production records at Hail Creek in Queensland, Hunter Valley Operations and Bengalla.

Excluding production from the Clermont mine which was divested during the year, thermal coal production increased by 15 per cent (2.5 million tonnes) in 2014 compared to 2013. All currency figures in this report are US dollars, and comments refer to Rio Tinto’s share of production, unless otherwise stated.

To allow production numbers to be compared on a like-for-like basis, production from asset divestments completed in 2013 have been excluded from Rio Tinto share of production data but assets sold in 2014 remain in comparisons. Contacts: Media Relations, EMEA / Americas Illtud Harri Office: +44 (0) 20 7781 1152 Mobile: +44 (0) 7920 503 600 David Outhwaite Office: +44 (0) 20 7781 1623 Mobile: +44 (0) 7787 597 493 David Luff Office: +44 (0) 20 7781 1177 Mobile: +44 (0) 7780 226 422 Media Relations, Australia / Asia Ben Mitchell Office: +61 (0) 3 9283 3620 Mobile: +61 (0) 419 850 212 Bruce Tobin Office: +61 (0) 3 9283 3612 Mobile: +61 (0) 419 103 454 Matthew Klar Office: +61 (0) 7 3625 4244 Mobile: +61 (0) 457 525 578 Media Relations, Canada Bryan Tucker Office: +1 (0) 514 848 8151 Mobile: +1 (0) 514 825 8319 Investor Relations, London John Smelt Office: +44 (0) 20 7781 1654 Mobile: +44 (0) 7879 642 675 David Ovington Office: +44 (0) 20 7781 2051 Mobile: +44 (0) 7920 010 978 Grant Donald Office: +44 (0) 20 7781 1262 Mobile: +44 (0) 7920 587 805 Investor Relations, Australia Rachel Storrs Office: +61 (0) 3 9283 3628 Mobile: +61 (0) 417 401 018 Galina Rogova Office: +86 21 6103 3550 Mobile: +86 152 2118 3942 Further information: If you have been forwarded this email, you may wish to sign up for our media releases http://riotinto.msgfocus.com/c/15TXNooVAem5U5nqlKHIbiqL directly. Visit the corporate website http://riotinto.msgfocus.com/c/15TXPr8HYaWJlet9SQ1ShWIe Read our online magazine http://riotinto.msgfocus.com/c/15TXRtSum7xmMnyTpVm2oAZH If you have problems viewing images in Outlook, please add us to your safe list http://riotinto.msgfocus.com/c/15TXTwCgK480dwECX0Gcvfha LEGAL INFORMATION - Copyright © 2014 Rio Tinto.

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