Rio Tinto has better performance in Q2 bauxite output
Views : 258
Update time : 2020-07-20 19:52:28
According to a performance report released by Rio Tinto, the group produced 14.6 million tons of bauxite in the second quarter of this year, growing by 5% compared to the previous quarter and up by 9% from the same period a year ago.
The 9% year-on-year increase was due to the support of the Amrun mine in Far North Queensland, and the increase of 7% at the non-managed CBG joint venture (JV) in Guinea reflected good progress on the expansion project.
In the first half of this year, Rio Tinto’s bauxite output reached 28.37 million tons, increasing by 8% compared to the same period in 2019.
Hindalco signs MoU to invest ₹15000 crore in aluminium capacity expansion in Madhya Pradesh
EU expands sanctions on Russian aluminium: industry calls for closing loopholes
Fundamental weakness makes it difficult to sustain upward momentum in aluminium prices; short-term price correction observed
