Australian mining group Rio Tinto
18, announced that due to strong demand in international market, Rio Tinto fourth quarter and the year 2010, the year both iron ore production hit a record high.
Rio Tinto said in a production report, the fourth quarter of last year iron ore production of 6500 tons, of which 50 million tons owned by Rio Tinto all; last year's total iron ore production to 239 million tons, of which 185 million tons owned by Rio Tinto all.
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Rio Tinto in the Pilbara region of Western Australia's iron ore iron ore in the fourth quarter and full year production reached 61 million tons, respectively, and 2.24 million tons, were hit record.
Rio Tinto chief executive Tom Albanese said on that day, in the international market situation ore prices rose last year, Rio Tinto is committed to full capacity. Record iron ore production, Rio Tinto shows the success of this strategy.
day Rio Tinto also announced fourth quarter of 2010 Rio Tinto mining of copper ore production totaled 185,200 tons, refined copper production was 99,500 tons, respectively, than the same period in 2009 decreased by 9% and 6%. Rio Tinto said that an important reason for lower copper production is related to mine lower grades.
for the recent floods on the impact of mining production, Rio Tinto said the company is located in a coal mine in Queensland, Australia is still present due to floods in terms of application of force majeure, is hard to assess the current flood management and implementation of the force majeure clause to the ultimate impact.
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