Rio Tinto reports Q2 Pilbara iron ore production 84.1 Mt, up 1% y/y

Reports Q2 Bauxite production 15.1 Mt, up 8% y/y. Reports Q2 Aluminum production 809 kt, down 2% y/y. Reports Q2 mined Copper 168kt, down 1% y/y. Rio Tinto Chief Executive Jakob Stausholm said: “We continue to strengthen our operations, with the roll-out of the Safe Production System delivering consistent production at our Pilbara iron ore business and a step change from our Australian bauxite mines. We are building on this, with more work to do across our global portfolio. We progressed our major projects to deliver profitable organic growth. We are on track for first production from our Simandou high-grade iron ore project next year and first lithium from the Rincon starter plant by the end of this year. Meanwhile the ramp-up of copper production continues at the Oyu Tolgoi underground mine…Our long-term pathway to deliver profitable growth and create shareholder value remains clear, as we progress our business in line with our four objectives.”