| | Published : January 16th, 2008 | Coal & Allied Production report for the quarter ended 31 December 2007 |
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16 January 2008
Download pdf
PR598g
Rio Tinto’s 75.7 per cent owned
subsidiary, Coal & Allied Industries Limited, issued the following news release in Australia. All dollars are Australian
currency.
|
CNA |
4Q |
1Q |
2Q |
3Q |
4Q |
12
months |
12 months |
‘000 tonnes
(100% basis) |
interest |
2006 |
2007 |
2007 |
2007 |
2007 |
2006 |
2007 |
Hunter Valley Operations
|
100% |
|
|
|
|
|
|
|
Thermal
coal production |
|
2,264 |
2,316 |
2,020 |
1,883 |
2,046 |
10,221 |
8,264 |
Semi-soft
coking coal production |
|
616 |
331 |
381 |
460 |
657 |
1,804 |
1,830 |
Bengalla
Mine |
40% |
|
|
|
|
|
|
|
Thermal
coal production |
|
1,433 |
1,315 |
1,070 |
1,394 |
1,376 |
5,545 |
5,155 |
Mount Thorley Operations
(a) |
80% |
|
|
|
|
|
|
|
Thermal
coal production
|
|
857 |
657 |
280 |
261 |
731 |
2,902 |
1,929 |
Semi-soft
coking coal production |
|
124 |
163 |
137 |
393 |
302 |
993 |
995 |
Warkworth Mine (a) |
55.6% |
|
|
|
|
|
|
|
Thermal
coal production |
|
1,686 |
1,343 |
1,172 |
1,663 |
1,197 |
7,014 |
5,376 |
Semi-soft
coking coal production |
|
130 |
51 |
216 |
133 |
0 |
327 |
400 |
Total coal production
|
|
7,110 |
6,177 |
5,276 |
6,186 |
6,310 |
28,806 |
23,949 |
Total sales
(b) |
|
6,450 |
6,671 |
5,725 |
6,218 |
6,908 |
27,634 |
25,522 |
Coal
& Allied share |
|
|
|
|
|
|
|
|
Coal
production |
|
5,248 |
4,605 |
3,934 |
4,422 |
4,746 |
21,439 |
17,706 |
Coal sales
('000 tonnes) |
|
4,769 |
4,995 |
4,320 |
4,531 |
5,087 |
20,410 |
18,933 |
(a) Production can be sourced from either mining lease
and is allocated over the year based on the tonnage commitment ratio
contractually agreed between the Mount Thorley and Warkworth joint
ventures. (b) Sales relate only to coal mined by the operations and exclude traded coal.
Production figures are
sometimes more precise than the rounded numbers shown, hence small
differences may result between the total of the quarter figures and
the full year figures.
Production Constraints in the Hunter Valley
coal chain continued to limit coal production. Total coal
produced in the fourth quarter was 11 per cent lower than the
corresponding quarter in 2006 and two per cent higher than the third
quarter of 2007. There were no material operational issues impacting
on Q4 production.
2007 full year total coal production was 17 per cent lower than
2006 due to coal chain infrastructure constraints and severe weather
conditions in June 2007.
Sales Coal sales in the fourth quarter were
in line with allocated port capacity. 2007 total sales were seven
percent higher than production as a result of drawing down of
inventories.
Other There was no exploration activity
during the quarter.
About Rio Tinto
Rio Tinto is a leading international mining group headquartered
in the UK, combining Rio Tinto plc, a London listed company, and Rio
Tinto Limited, which is listed on the Australian Securities
Exchange.
Rio Tinto's business is finding, mining, and processing mineral
resources. Major products are aluminium, copper, diamonds, energy
(coal and uranium), gold, industrial minerals (borax, titanium
dioxide, salt, talc) and iron ore. Activities span the world but are
strongly represented in Australia and North America with significant
businesses in South America, Asia, Europe and southern
Africa.
A full copy of the press release is also available on
the Rio Tinto website: www.riotinto.com/media
High resolution photographs available at Newscast www.newscast.co.uk
Rohini
Meisuria Adviser -
Digital Communications Communications and External
Relations |
|
|
Rio
Tinto plc. Registered office 5 Aldermanbury Square, London, EC2V
7HR, United Kingdom. Registered in England No. 719885. This email is
confidential and may also be privileged. If you are not the intended
recipient, please notify us immediately and delete this message from
your system without first printing or copying it. Any personal data
in this email (including any attachments) must be handled in accordance with the Rio Tinto Group Data Protection Policy and all
applicable data protection laws.
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Rio Tinto
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PRODUCER |
CODE : RTP |
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ProfileMarket IndicatorsVALUE : Projects & res.Press releasesAnnual reportRISK : Asset profileContact Cpy |
Rio Tinto is a producing company based in United kingdom. Rio Tinto produces aluminum, bauxite, coal, copper, diamonds, gold, iron, lead, molybdenum, silver, talc, titanium, uranium, zinc and zircon in Australia, in Brazil, in Canada, in Chile, in Guinea, in Indonesia, in Namibia, in South Africa, in USA and in Zimbabwe, develops copper, gold, lead, silver and zinc in Australia, in Mexico and in Mongolia, and holds various exploration projects in Argentina, in Australia, in Botswana, in Brazil, in Canada, in Chile, in Honduras, in Indonesia, in Mexico, in Papua New Guinea, in Peru, in Spain, in Turkey, in Uruguay and in Zimbabwe. Its main assets in production are GREENS CREEK MINE in USA, PALABORA MINE, BINGHAM CANYON, RICHARDS BAY MINERALS OPERATION and PALABORA MINE AND SMELTER in South Africa, BRASILIA MINE, CORUMBA and BARNEYS CANYON in Brazil, GRASBERG in Indonesia, ROSSING URANIUM MINE in Namibia, ESCONDIDA - OXIDE, PIMENTON, ESCONDIDA SULPHIDE and ESCONDIDA SULPHIDE LEACH in Chile, GOVE, RANGER, NORTHPARKES, ARGYLE, KENNECOTT, THREE SPRINGS, ROBE RIVER, SWEETWATER MINE, WEIPA, BENGALLA, WARKWORTH and ARGYLE DIAMONDS in Australia, SANGAREDI in Guinea, MUROWA and RENCO MINE in Zimbabwe and CAROL LAKE (IOC) in Canada, its main assets in development are CIENEGUITA in Mexico, OYU TOLGOI in Mongolia and NORTHPARKES OPEN PIT AND STOCKPILES and NORTHPARKES UNDERGROUND in Australia and its main exploration properties are KELIAN, SULAWESI, RESOLUTION, ANTELOPE and RIDGEWAY PROJECT in Indonesia, TUNCELI in Turkey, RAKKURIJARVI in Sweden, RED WILLOW and ONION LAKE in Canada, NGAYU in Congo Dem. Rep. of, CUDAL, PANNAWONICA, WEST ANGELAS, DUCIE-WENLOCK, LAKE ELPHINSTONE, MAULES CREEK, OAKLANDS, VALERIA, VICKERY, WINCHESTER SOUTH, YANDICOOGINA, JADAR, BLAIR ATHOL, HAIL CREEK, KESTREL COAL, CLERMONT COAL, BROCKMAN 2, BROCKMAN 4, MARANDOO, MT TOM PRICE - BROCKMAN ORE, MT TOM PRICE - MARRA MAMBA ORE, NAMMULDI, PARABURDOO - BROCKMAN ORE, PARABURDOO - MARRA MAMBA ORE, WESTERN TURNER, YANDICOOGINA - PISOLITE ORE HG, YANDICOOGINA - PROCESS PRODUCT, HAMERSLEY IRON – CHANNAR, HAMERSLEY IRON – EASTERN RANGE, HOPE DOWNS and JOLIMONT in Australia, SIMANDOU in Guinea, LA GRANJA and SPRING CREEK in Peru, CHAPUDI in South Africa, PORTO TROMBETAS, COLOWYO, CORDERO ROJO and DECKER in Brazil and VUELTAS DEL RIO / EL ZAPOTAL in Honduras. Rio Tinto is listed in France, in Germany, in United Kingdom and in United States of America. Its market capitalisation is US$ 10.7 billions as of today (€ 9.1 billions). Its stock quote reached its highest recent level on November 14, 2003 at US$ 99.97, and its lowest recent point on August 10, 2021 at US$ 10.01. Rio Tinto has 1 064 245 000 shares outstanding. |
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