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Rio Tinto releases first quarter production results

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idpickering
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Rio Tinto releases first quarter production results

#132958

Postby idpickering » April 18th, 2018, 7:05 am



Rio Tinto chief executive J-S Jacques said "We delivered a solid operational performance across most commodities in the first quarter of 2018. Our world-class Pilbara iron ore assets continue to demonstrate flexibility and the benefits of increased productivity, and production at our bauxite and copper assets was also higher. We announced $5 billion of divestments in the quarter, highlighting our ongoing drive to strengthen the portfolio and raise return on assets. By continuing to advance our mine-to-market productivity programme, whilst maintaining our focus on the disciplined allocation of cash, we will continue to deliver superior returns to our shareholders."


https://www.investegate.co.uk/rio-tinto ... 00022479L/

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