Industry News

Rio Tinto’s aluminium output grows 9% Y-o-Y owing to Kitimat smelter’s full capacity operations

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Update time : 2023-10-18 14:53:35
Rio Tinto announced another quarter of progress from July to September 2023. In the Q3 production report, the company revealed that its aluminium output stood at 828,000 tonnes, registering a 2 per cent rise Q-o-Q and a 9 per cent hike Y-o-Y, backed by the full capacity operations at Kitimat smelter and completed cell recovery efforts at Boyne smelter. Other smelters also demonstrated steady operations, resulting in higher aluminium production.

Rio Tinto's cumulative aluminium production in nine months of the year amounted to 2.43 million tonnes, up by 9 per cent Y-o-Y.

On the minerals front, the company's bauxite production clocked a rise of 3 per cent Q-o-Q and 2 per cent Y-o-Y to come in at 13.9 million tonnes, owing to a 6 per cent growth in shipments to third parties.

Steady operations at Yarwun and Queensland Alumina Limited (QAL) refineries also led to a 3 per cent rise in Q3 alumina output.

Rio Tinto also mentioned in its quarterly report that its all-injury frequency rate improved from the previous year (0.39) to 0.36 in Q3 2023, in line with the prior quarter.

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