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Rio Tinto’s aluminum output up 7% in 2d qtr.

Keywords: Tags  Rio Tinto, Pacific Aluminium, alumina, aluminum, bauxite, Rio Tinto Alcan, quarterly production, Shivani Singh


LONDON — Rio Tinto Plc’s second-quarter aluminum output was up 7 percent year on year following resolution of a lockout at its Alma operation and a power outage at Shawinigan, both in Quebec.

"Production at Alma reached full capacity in the first quarter of 2013," the miner said July 16.

Rio Tinto produced 901,000 tonnes of aluminum in the second quarter, including output from its Pacific Aluminium division, Rio Tinto Alcan Inc. and two other smelters.

Rio Tinto Alcan’s second-quarter aluminum production of 605,000 tonnes rose 15 percent year on year and 2 percent quarter on quarter.

But Pacific Aluminium and the company’s other aluminum smelters saw output fall to 296,000 tonnes.

Rio Tinto, which has been looking to divest some of its non-core aluminum assets, recently said it had received offers for its two unprofitable French smelters from Germany’s biggest aluminum producer, Trimet Aluminium AG (amm.com, July 15).

The company’s second-quarter alumina output of 2.25 million tonnes rose 2 percent year on year and 3 percent quarter on quarter, while alumina output at Rio Tinto Alcan rose 15 percent and 12 percent, respectively, in the same comparisons to 1.78 million tonnes.

Rio Tinto’s second-quarter bauxite output rose 16 percent year on year to 10.96 million tonnes and was 15 percent vs. the first quarter of 2013, while that at Rio Tinto Alcan rose 21 percent and 19 percent in the same comparisons to 9.1 million tonnes.

Looking forward, Rio Tinto Alcan cut its 2013 alumina production forecast but raised its bauxite output forecast. The company expects to produce 34 million tonnes of bauxite, 7.3 million tonnes of alumina and 2.5 million tonnes of aluminum in 2013. These numbers exclude Pacific Aluminium and other aluminum assets that have been identified for divestment or closure.

A version of this article was first published in AMM sister publication Metal Bulletin.


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