Rio Tinto Group revealed in its first quarter production results update that it achieved solid results in terms of ore production. The company reported record copper production in March while Pilbara iron ore shipments declined due to extreme weather events.
Pilbara iron ore output was 69.8 million tons in the first quarter, falling 10% compared to the corresponding quarter of 2024. Bauxite production stood at 15 million tons, growing 12% in comparison to the first quarter of the year prior, whereas Aluminum output was unchanged at 0.83 million tons.
“We are making excellent progress with our major projects to deliver profitable organic growth. We achieved first iron ore at Western Range in the Pilbara and the Simandou high-grade iron ore project in Guinea remains on track. After successful completion of the Arcadium acquisition in March, we are advancing to establish a world-class lithium business," the company's Chief Executive Jakob Stausholm said.
