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    coal-investing

    Rio Tinto Achieves Record Thermal Coal Production in 2013

    Charlotte McLeod
    Jan. 16, 2014 11:40AM PST
    Industrial Metals Investing

    Bloomberg reported that Rio Tinto plc’s (LSE:RIO,ASX:RIO,NYSE:RIO) attributable thermal coal production came to 26.8 million metric tons in 2013. That’s a record as well as a 12-percent increase from the previous year.

    Bloomberg reported that Rio Tinto plc’s (LSE:RIO,ASX:RIO,NYSE:RIO) attributable thermal coal production came to 26.8 million metric tons in 2013. That’s a record as well as a 12-percent increase from the previous year.

    As quoted in the market news:

    Rio’s attributable thermal coal production was a record 26.8 million tons in 2013, up 12 percent from the year before. Production of bauxite, used to make aluminum, climbed 10 percent to a record 43.2 million tons.

    Rio produced 173,000 tons of mined copper in the quarter, up 5 percent on a year earlier, beating the 139,000-ton median estimate of three analysts surveyed by Bloomberg. Refined copper output fell 6 percent to 81,000 tons.

    Click here to read the full Bloomberg report.

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