RIO - Alumina outputClear to me Canada is the flag ship operations.
Alumina output was 1.9mn t in January-March, 7pc lower on the year and 1pc down on the quarter. The fall was mainly the result if unplanned refinery outages.
Rio has taken full ownership of the 3.8mn t/yr capacity Queensland Alumina joint venture in Australia, after the Australian government imposed sanctions on Russia. The project was previously 20pc owned by Russian firm Rusal. Rio's full-year guidance for alumina operations is 8mn-8.4mn t, compared to output of 7.9mn t in 2021.
The company's titanium slag output totalled 273,000t in January-March, 2pc lower on the year. But this was 20pc higher on the quarter because of the restart of operations at Richards Bay Minerals in South Africa after a long security-related suspension, as well as improved stability at Rio Tinto Fer et Titane in Canada. Full-year titanium slag guidance is 1.1mn-1.4mn t compared to output of 1mn t in 2021