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Rio Tinto Announces 2024 Iron Ore And Copper Production

2025-01-21

According to MiningWeekly, international mining giant Rio Tinto announced a decline in production at its iron mines in the Pilbara region for the fourth quarter and full year of 2024, due to resource depletion and unusually heavy rainfall. The increase in productivity has not fully offset these impacts.

Rio Tinto's fourth quarter and full year iron ore production were 74.2 million tons and 284.6 million tons, respectively, with a decrease of 1%.

On the contrary, the copper production situation is completely different. Due to the increase in production at the Oyu Tolgoi underground copper mine in Mongolia and the Escondida copper mine in Chile, offsetting the impact of production interruptions caused by unstable slopes at the Kennecott copper mine in the United States, the company's production has significantly increased.

The copper production in the fourth quarter was 202000 tons, a year-on-year increase of 26%; The annual output was 697000 tons, an increase of 13%.

The company's bauxite production has increased, with a slight increase in aluminum products.

Original source:https://www.worldmr.net/Industry/IndustryList/Info/2025-01-20/308290.shtml

Y&X Beijing Technology Co., Ltd.

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