0001628280-19-012307.txt : 20191016 0001628280-19-012307.hdr.sgml : 20191016 20191016124629 ACCESSION NUMBER: 0001628280-19-012307 CONFORMED SUBMISSION TYPE: 6-K PUBLIC DOCUMENT COUNT: 3 CONFORMED PERIOD OF REPORT: 20191016 FILED AS OF DATE: 20191016 DATE AS OF CHANGE: 20191016 FILER: COMPANY DATA: COMPANY CONFORMED NAME: RIO TINTO PLC CENTRAL INDEX KEY: 0000863064 STANDARD INDUSTRIAL CLASSIFICATION: METAL MINING [1000] IRS NUMBER: 000000000 STATE OF INCORPORATION: X0 FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 6-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-10533 FILM NUMBER: 191152422 BUSINESS ADDRESS: STREET 1: 6 ST JAMES'S SQUARE CITY: LONDON, SW1Y 4AD STATE: X0 ZIP: 00000 BUSINESS PHONE: 44 20 7781 1623 MAIL ADDRESS: STREET 1: RIO TINTO SERVICES INC. STREET 2: 80 STATE STREET CITY: ALBANY STATE: NY ZIP: 12207-2543 FORMER COMPANY: FORMER CONFORMED NAME: RTZ CORPORATION PLC DATE OF NAME CHANGE: 19950522 FILER: COMPANY DATA: COMPANY CONFORMED NAME: RIO TINTO LTD CENTRAL INDEX KEY: 0000887028 STANDARD INDUSTRIAL CLASSIFICATION: METAL MINING [1000] IRS NUMBER: 000000000 STATE OF INCORPORATION: C3 FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 6-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-34121 FILM NUMBER: 191152421 BUSINESS ADDRESS: STREET 1: 120 COLLINS STREET STREET 2: MELBOURNE CITY: VICTORIA 3000 STATE: C3 ZIP: AUSTRALIA BUSINESS PHONE: 44 20 7781 1623 MAIL ADDRESS: STREET 1: RIO TINTO SERVICES INC. STREET 2: 80 STATE STREET CITY: ALBANY STATE: NY ZIP: 12207-2543 FORMER COMPANY: FORMER CONFORMED NAME: CRA LTD DATE OF NAME CHANGE: 19950725 6-K 1 form6-k_3qresults.htm 6-K Document

UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, DC 20549

FORM 6-K

REPORT OF FOREIGN PRIVATE ISSUER
PURSUANT TO RULE 13A-16 OR 15D-16 OF
THE SECURITIES EXCHANGE ACT OF 1934

 16 October 2019
 
Commission file number: 001-10533
Commission file number: 001-34121
 
 
Rio Tinto plc
Rio Tinto Limited
 
ABN 96 004 458 404
(Translation of registrant’s name into English)
(Translation of registrant’s name into English)
 
 
6 St. James’s Square
Level 7, 360 Collins Street
London, SW1Y 4AD, United Kingdom
Melbourne, Victoria 3000, Australia
(Address of principal executive offices)
(Address of principal executive offices)


Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F:

Form 20-F ☒ Form 40-F ☐


Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(1): ☐


Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(7): ☐


Indicate by check mark whether by furnishing the information contained in this Form, the registrant is also thereby furnishing the information to the Commission pursuant to
Rule 12g3-2(b) under the Securities Exchange Act of 1934.

Yes ☐ No ☒


If "Yes" is marked, indicate below the file number assigned to the registrant in connection
with Rule 12g3-2(b): 82- ________








EXHIBIT 99

1.
Stock Exchange announcement dated 16 July 2019 entitled ‘Rio Tinto releases third quarter production results'



SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrants have duly caused this report to be signed on their behalf by the undersigned, thereunto duly authorised.

Rio Tinto plc
Rio Tinto Limited
(Registrant)
(Registrant)
 
 
 
 
By
/s/ Steve Allen
By
/s/ Steve Allen
Name
Steve Allen
Name
Steve Allen
Title
Company Secretary
Title
Joint Company Secretary
 
 
 
 
Date
16 October 2019
Date
16 October 2019


EX-99.1 2 a3qpr2019.htm EXHIBIT 99.1 Exhibit


Exhibit 99.1
Notice to ASX/LSE
a3qpr2019image2.jpg
Third quarter operations review

Rio Tinto releases third quarter production results

16 October 2019

Rio Tinto chief executive J-S Jacques said “We have delivered improved production across the majority of our products in the third quarter, with a solid result at our Pilbara mines driving increased sales of iron ore into robust markets. Our strong value over volume approach, coupled with our focus on operational performance and disciplined allocation of capital, will continue to deliver superior returns to shareholders over the short, medium and long term.”

 
 
Q3 2019
vs Q3 2018

vs Q2 2019

9 mths 2019
vs 9mths 2018

Pilbara iron ore shipments (100% basis)
Mt
86.1
+5
 %
+1
 %
240.6
-4
 %
Pilbara iron ore production (100% basis)
Mt
87.3
+6
 %
+10
 %
243.1
-3
 %
Bauxite
Mt
13.8
+9
 %
+3
 %
40.0
+3
 %
Aluminium
kt
789
-3
 %
-2
 %
2,388
-1
 %
Mined copper
kt
157.8
-1
 %
+15
 %
437.6
-4
 %
Titanium dioxide slag
kt
321
+8
 %
+6
 %
920
+12
 %
IOC iron ore pellets and concentrate
Mt
3.0
+3
 %
+17
 %
8.0
+30
 %

Operational update

Pilbara iron ore shipments of 86.1 million tonnes (100% basis) in the third quarter were 5% higher than the third quarter of 2018. Pilbara iron ore production of 87.3 million tonnes (100% basis) was 6% higher than the third quarter of 2018 and 10% higher than the previous quarter, reflecting a good recovery from the operational and weather challenges experienced earlier in the year.

Third quarter bauxite production and shipments to third parties were 9% and 23% higher, respectively, than the same period of 2018. Bauxite production from non-managed Joint Ventures was lower than planned year to date.

Aluminium production of 0.8 million tonnes was 3% lower than the third quarter of 2018, primarily reflecting a preventive safety shutdown at one of the three pot-lines at ISAL in Iceland and earlier than planned pot relining at Kitimat in British Columbia, Canada.

Mined copper production of 158 thousand tonnes was 1% lower than the third quarter of 2018, but 15% higher than the second quarter, reflecting higher grades at Kennecott and improved throughput at Escondida.

At the Oyu Tolgoi underground project, the primary production shaft (shaft 2) remains on track for commissioning this month. Since July 2019, we have completed key infrastructure, including the central heating plant, the shaft 2 jaw crusher system and the surface discharge conveyor. Work continues on the mine re-design.


Page 1 of 25



Titanium dioxide slag production of 321 thousand tonnes was 8% higher than the third quarter of 2018, reflecting a continued improvement in operational performance and the restart of furnaces in 2019.

Third quarter production at Iron Ore Company of Canada was 3% higher than the corresponding quarter of 2018 and 17% higher than the previous quarter, reflecting a return to normal operating conditions following the flooding incident which impacted June.

Guidance is unchanged, with the exception of bauxite production, which has been revised to around 54 million tonnes (previously 56 to 59 million tonnes), and alumina production, which has been revised to around 7.7 million tonnes (previously 8.1 to 8.4 million tonnes).

On 25 September 2019, Rio Tinto announced the signing of a Memorandum of Understanding with China Baowu Steel Group and Tsinghua University to develop and implement new methods to reduce carbon emissions and improve environmental performance across the steel value chain.

Third quarter exploration and evaluation spend was $177 million, 62% higher than the same period of 2018, primarily reflecting increased activity on advanced projects.

All figures in this report are unaudited. All currency figures in this report are US dollars, and comments refer to Rio Tinto’s share of production, unless otherwise stated. To allow production numbers to be compared on a like-for-like basis, production from asset divestments completed in 2018 is excluded from Rio Tinto share of production data.

Page 2 of 25



IRON ORE

Rio Tinto share of production (million tonnes)
 
Q3 2019
vs Q3 2018

vs Q2 2019

9 mths 2019
vs 9mths 2018

Pilbara Blend Lump
21.0
+2
%
+6
%
60.8
-4
 %
Pilbara Blend Fines
31.7
+6
%
+11
%
89.0
-2
 %
Robe Valley Lump
1.6
+12
%
+37
%
3.5
-22
 %
Robe Valley Fines
3.1
+12
%
+44
%
6.4
-24
 %
Yandicoogina Fines (HIY)
14.7
+2
%
+5
%
42.2
-1
 %
Total Pilbara production
72.2
+4
%
+10
%
201.9
-4
 %
Total Pilbara production (100% basis)
87.3
+6
%
+10
%
243.1
-3
 %
Total Pilbara shipments (a) (100% basis)
86.1
+5
%
+1
%
240.6
-4
 %
(a)
Pilbara Blend sales include 6.7 million tonnes of alternate products in Q3 2019 and 10.7 million tonnes in the first nine months of 2019

Pilbara operations
Third quarter production of 87.3 million tonnes (Rio Tinto share 72.2 million tonnes) was 6% higher than the same quarter of 2018 and 10% higher than the previous quarter. This reflects a solid performance in the mines, with actions progressing as planned. Our increased focus on waste material movement and pit development will continue over 2019 and 2020 to improve mine performance and pit sequencing. Our cost guidance (below) reflects these additional mining activities.

A planned rail maintenance shut was executed late in the third quarter, starting on 25 September and completed on 6 October. Our cost and shipments guidance take into account the impact of this activity.

Third quarter sales of 86.1 million tonnes (Rio Tinto share 71.6 million tonnes) were 5% above the third quarter of 2018 and 1% higher than the previous quarter.

We sold 6.7 million tonnes of alternate products in the third quarter. These are included in the above sales figures. We expect to make additional sales of these products in the fourth quarter.

The majority of our iron ore shipments are priced by reference to the average index price for the month of shipment. We priced approximately 16% of sales in the first nine months of 2019 by reference to the prior quarter’s average index lagged by one month, with the remainder sold either on current quarter average, current month average or on the spot market.

Pilbara projects
The Koodaideri iron ore mine is progressing to plan with engineering, procurement and construction activities on schedule. Preparatory works have commenced. We expect to produce first ore from Koodaideri in late 2021, consistent with previous guidance.

First ore from the Robe River Joint Venture sustaining production projects (West Angelas C&D and Mesa B, C and H at Robe Valley) is also anticipated in 2021, consistent with previous guidance. West Angelas received all regulatory approvals in early October 2019, and project construction has commenced. The Robe Valley projects continue to progress through the environmental and heritage approval processes. We are experiencing some delays for Mesa H environmental approvals.

2019 guidance
Our 2019 Pilbara shipments guidance is unchanged at between 320 and 330 million tonnes (100% basis), subject to weather.

Our iron ore unit cost guidance in 2019 remains at $14 - $15 per tonne.

Page 3 of 25



ALUMINIUM

Rio Tinto share of production (‘000 tonnes)
 
Q3 2019
vs Q3 2018

vs Q2 2019

9 mths 2019
vs 9mths 2018

Rio Tinto Aluminium
 
 
 
 
 
Bauxite
13,796
+9
 %
+3
 %
39,967
+3
 %
Bauxite third party shipments
10,361
+23
 %
+9
 %
28,680
+13
 %
Alumina
1,826
-7
 %
-3
 %
5,713
-4
 %
Aluminium
789
-3
 %
-2
 %
2,388
-1
 %

Bauxite
Third quarter bauxite production was 9% higher than the same period of 2018, with increased production across all sites.

We shipped 10.4 million tonnes of bauxite to third parties in the third quarter, 23% higher than the same period of 2018.
 
Alumina
Third quarter alumina production was 7% below the same period of 2018. Production at Yarwun was lower due to an extended 35-day shutdown, which included a planned five-year maintenance service of the cogeneration plant. Normal production has since resumed at Yarwun. Production at the Queensland Alumina non-managed JV was impacted by maintenance activities, with the site expected to ramp back to full capacity during the fourth quarter.

A project using industry-leading filter press technology to move to bauxite residue dry stacking and extend the life of the Vaudreuil refinery in Quebec is being commissioned in October. The project commenced in February 2018 and will be commissioned six weeks ahead of plan and under its budget of $188 million (C$250 million).

Aluminium
Third quarter aluminium production of 0.8 million tonnes was 3% lower than the same period of 2018, reflecting reduced production at ISAL in Iceland and Kitimat in British Columbia, Canada. Our Quebec and Pacific smelters continue to perform well, with third quarter and year to date production 1% higher than the same periods last year. This excludes the non-managed Becancour JV where the restart is progressing well, following a lock-out, with full ramp-up expected by mid-2020.

Production at ISAL was impacted by the preventive, safety driven shutdown of one of the three potlines due to process instability. This issue has been resolved and will result in an estimated 21 thousand tonnes production loss compared to last year, of which 17 thousand tonnes was in the third quarter.

Third quarter production at Kitimat was 15 thousand tonnes lower than the same period last year due to earlier than planned pot-lining replacement. We are accelerating work to minimise further production impacts. The estimated impact on fourth quarter production is reflected in our guidance below, with the 2020 impact to be determined by pot relining needs.

The aluminium industry continues to face challenging conditions in global markets and policy uncertainty, reflected in declining prices. We are focusing on enhancing the competitiveness of our smelters, including discussions with our Pacific stakeholders on energy pricing, to ensure the sustainability and global competitiveness of our Pacific smelters.

Kemano
At the Kemano hydro-power facility at Kitimat, tunnel boring continues to progress with a total of 1,753 metres excavated as at 30 September 2019.

Page 4 of 25


2019 guidance
We now expect our share of bauxite production to be around 54 million tonnes (previously 56 to 59 million tonnes), reflecting weather related events in the first quarter, downtime to address commissioning items on new mines and lower production from the Pacific refineries.

We now expect our share of alumina production to be around 7.7 million tonnes (previously 8.1 to 8.4 million tonnes) due primarily to maintenance activities in the Pacific refineries.

We expect our share of aluminium production to be at the lower end of guidance (3.2 to 3.4 million tonnes), primarily reflecting lower than planned volumes at the ISAL, Kitimat and non-managed Becancour smelters.

Page 5 of 25



COPPER & DIAMONDS

Rio Tinto share of production (‘000 tonnes)
 
Q3 2019
vs Q3 2018

vs Q2 2019

9 mths 2019
vs 9mths 2018

Mined copper
 
 
 
 
 
Rio Tinto Kennecott
57.8
-2
 %
+40
 %
151.4
+4
 %
Escondida
90.5
+4
 %
+9
 %
248.1
-8
 %
Oyu Tolgoi
9.5
-28
 %
-27
 %
38.0
-4
 %
 
 
 
 
 
 
Refined copper
 
 
 
 
 
Rio Tinto Kennecott
40.3
-26
 %
-36
 %
133.2
+2
 %
Escondida
16.8
+1
 %
-12
 %
54.5
-7
 %
 
 
 
 
 
 
Diamonds (‘000 carats)
 
 
 
 
 
Argyle
3,558
-7
 %
+8
 %
9,636
-11
 %
Diavik
994
-7
 %
-16
 %
3,191
-3
 %

Rio Tinto Kennecott
Third quarter mined copper production was 2% lower than the same period of 2018, but 40% higher than the previous quarter, as mining activity moved to an area of higher grades following the low grades experienced in the second quarter.

Refined copper production was lower than comparable prior periods, reflecting reduced copper concentrate availability from the previous quarter, a planned smelter shut-down in July and additional unplanned maintenance which reduced furnace online time.

Rio Tinto Kennecott continues to toll and purchase third party concentrate to optimise smelter utilisation, with 11.9 thousand tonnes of concentrate received for processing in the third quarter of 2019, compared with 6.3 thousand tonnes in the third quarter of 2018. Purchased and tolled copper concentrate are excluded from reported production figures.

Higher molybdenum grades were sustained in the third quarter, with production of 2.1 thousand tonnes, compared with 1.4 thousand tonnes in the same quarter in 2018.

Escondida
Third quarter mined copper production at Escondida was 4% higher than the same period of 2018, mainly due to higher concentrator throughput and an increase in recoverable copper in ore stacked for leaching.

Oyu Tolgoi
Mined copper production from the open pit in the third quarter of 2019 was 28% lower than the same period in 2018 and 27% lower than the prior quarter as mining activity moved to lower grade areas of the pit, as planned.

Oyu Tolgoi Underground Project
Commissioning milestones for the primary production shaft (shaft 2) remain on target for completion in October. Rope-up of the service and production hoists was completed as planned, and testing of the braking system has also been completed.

Since July 2019, we have also completed key infrastructure, including the central heating plant, the shaft 2 jaw crusher system and the surface discharge conveyor.

As previously announced on 16 July 2019, enhanced geotechnical information and data modelling suggests there may be some stability risks with the Feasibility Study 2016 mine design and so a number

Page 6 of 25


of mine design options are under consideration. Work is focusing on evaluating design options, including the impact of relocation or removal of some of the planned underground infrastructure, such as the mid-access drives and the ore handling system and options for panel sequencing.

Work on the final design of the first panel of mining, Panel 0, is still anticipated to continue until early 2020 and the Definitive Estimate, which will include the final estimate of cost and schedule for the remaining underground project, is still expected to be delivered in the second half of 2020.

Resolution Copper
On 9 August 2019, Rio Tinto announced that the Resolution Copper project in the US had achieved a major permitting milestone with the release of an independently prepared Draft Environmental Impact Statement for the project. The rigorous review, conducted by the US Forest Service over a six year period, included broad public engagement.

Diamonds
At Argyle, carat production in the third quarter of 2019 was 7% lower than the same period in 2018 due to lower recovered grade, partially offset by stronger mining and processing rates.

At Diavik, carats recovered in the third quarter were 7% lower than the third quarter of 2018 due to lower ore availability from both the underground and the A21 open pit.

2019 guidance
Our 2019 guidance (Rio Tinto share) is unchanged, with mined copper production of between 550 and 600 thousand tonnes, subject to grade availability, refined copper production of between 220 and 250 thousand tonnes and diamond production of between 15 and 17 million carats.

Page 7 of 25



ENERGY & MINERALS

Rio Tinto share of production
 
Q3 2019
vs Q3 2018

vs Q2 2019

9 mths 2019
vs 9mths 2018

Iron ore pellets and concentrate (million tonnes)
 
 
 
 
 
IOC
3.0
+3
 %
+17
 %
8.0
+30
 %
 
 
 
 
 
 
Minerals (‘000 tonnes)
 
 
 
 
 
Borates – B2O3 content
138
+1
 %
0
 %
391
-1
 %
Titanium dioxide slag
321
+8
 %
+6
 %
920
+12
 %
 
 
 
 
 
 
Uranium (‘000 lbs)
 
 
 
 
 
Energy Resources of Australia
585
-29
 %
-6
 %
1,998
-4
 %
Rössing
170
-83
 %
-85
 %
2,114
-24
 %

Iron Ore Company of Canada (IOC)
Third quarter production available for sale at IOC was 3% higher than the corresponding period of 2018. It was 17% higher than the prior quarter, when production was impacted by a flooding incident in June.

Borates
Both the sodium borate and non-sodium borate refineries operated below capacity during the third quarter, aligned with market conditions. We will base any decision to increase refinery utilisation rates on maximising value over volume.

Iron and Titanium
Titanium dioxide feedstock production in the third quarter was 8% higher than the same period of 2018, reflecting improved operational performance and the restart of furnaces.

Eight of nine furnaces at Rio Tinto Fer et Titane (RTFT) are currently in operation, with three of four furnaces currently in operation at Richards Bay Minerals (RBM). This compares with six out of nine furnaces in operation at RTFT and three out of four at RBM in the third quarter of 2018. We will base our decision to re-start the remaining idled furnaces on maximising value over volume.

Zulti South project
Construction of the $463 million Zulti South project at RBM in South Africa, which was forecast to commence in June, has been delayed due to ongoing negotiations with local communities.

Uranium
Energy Resources of Australia continues to process existing stockpiles. Third quarter production was 29% lower than the same period of 2018, reflecting lower grades.

Production from Rössing Uranium is reported up to the date of completion of divestment on 16 July 2019.

2019 guidance
Our 2019 guidance (Rio Tinto share) is unchanged, with iron ore pellets and concentrate production of between 10.7 and 11.3 million tonnes, titanium dioxide slag production of between 1.2 and 1.4 million tonnes and boric oxide equivalent production of 0.5 million tonnes.

Page 8 of 25



EXPLORATION AND EVALUATION

Pre-tax and pre-divestment expenditure on exploration and evaluation charged to the profit and loss account in the first nine months of 2019 was $464 million, compared with $341 million in the first nine months of 2018, with increased spend at Resolution Copper and on central exploration Order of Magnitude studies in Australia and North America. Approximately 53% of this expenditure was incurred by central exploration, 35% by Copper & Diamonds, 7% by Energy & Minerals and the remainder by Iron Ore and Aluminium.

There were no significant divestments of central exploration properties in the third quarter of 2019.

Exploration highlights
Rio Tinto has a strong portfolio of projects with activity in 18 countries across some seven commodities. The bulk of the exploration expenditure in this quarter was focused on copper in Australia, Canada, Chile, Kazakhstan, Mongolia, Papua New Guinea, Namibia, Peru, Serbia, United States, Zambia and diamonds projects in Canada. Mine-lease exploration continued at a number of Rio Tinto managed businesses including Pilbara Iron in Australia, Oyu Tolgoi in Mongolia, Diavik in Canada, as well as Resolution and Boron in the US. A summary of activity for the quarter is as follows:
Commodities
Studies Stage
Advanced
projects
Greenfield/ Brownfield
programmes
Aluminium
Cape York, Australia
Amargosa, Brazil
Sanxai, Laos
Cape York, Australia
Copper & Diamonds
Copper/molybdenum: Resolution, US

Copper: Winu, Australia, La Granja, Peru
Nickel: Tamarack, US
Diamonds: Falcon, Canada
Copper Greenfield: Australia, Chile, China, Kazakhstan, Mongolia, Namibia, Papua New Guinea, Peru, Serbia, US, Zambia
Copper Brownfield: Resolution, US
Oyu Tolgoi, Mongolia
Nickel Greenfield: Canada, Finland, Uganda
Diamonds Greenfield: Canada
Diamonds Brownfield: Diavik, Canada
Energy & Minerals
Lithium borates: Jadar, Serbia
Potash: KP405, Canada
Heavy mineral sands: Mutamba, Mozambique
Uranium: Roughrider, Canada

Heavy mineral sands: Tanzania
Industrial Minerals: Serbia
Iron Ore
Pilbara, Australia
Pilbara, Australia
Brownfield: Pilbara, Australia


Page 9 of 25



Forward-looking statements

This announcement may include "forward-looking statements" within the meaning of the US Private Securities Litigation Reform Act of 1995. All statements other than statements of historical facts included in this announcement, including, without limitation, those regarding Rio Tinto’s production forecast or guidance, financial position, business strategy, plans and objectives of management for future operations (including development plans and objectives relating to Rio Tinto’s products and reserve and resource positions), are forward-looking statements. The words “intend”, “aim”, “project”, “anticipate”, “estimate”, “plan”, “believes”, “expects”, “may”, “should”, “will”, “target”, “set to”, “assumes” or similar expressions, commonly identify such forward looking statements.

Such forward-looking statements involve known and unknown risks, uncertainties and other factors which may cause the actual production, performance or results of Rio Tinto to be materially different from any future production, performance or results expressed or implied by such forward-looking statements. Such forward-looking statements could be influenced by such risk factors as identified in Rio Tinto's most recent Annual Report and Accounts in Australia and the United Kingdom and the most recent Annual Report on Form 20-F filed with the United States Securities and Exchange Commission (the "SEC") or Form 6-Ks furnished to, or filed with, the SEC. Forward-looking statements should, therefore, be construed in light of such risk factors and undue reliance should not be placed on forward-looking statements. These forward-looking statements speak only as of the date of this announcement. Rio Tinto expressly disclaims any obligation or undertaking (except as required by applicable law, the UK Listing Rules, the Disclosure and Transparency Rules of the Financial Conduct Authority and the Listing Rules of the Australian Securities Exchange) to release publicly any updates or revisions to any forward-looking statement contained herein to reflect any change in Rio Tinto’s expectations with regard thereto or any change in events, conditions or circumstances on which any such statement is based.

Nothing in this announcement should be interpreted to mean that future earnings per share of Rio Tinto plc or Rio Tinto Limited will necessarily match or exceed its historical published earnings per share.



Page 10 of 25


Contacts

media.enquiries@riotinto.com
riotinto.com

Follow @RioTinto on Twitter


Media Relations, United Kingdom
Illtud Harri
M +44 7920 503 600

David Outhwaite
T +44 20 7781 1623
M +44 7787 597 493

Media Relations, Americas
Matthew Klar
T +1 514 608 4429

Media Relations, Asia
Grant Donald
T +65 6679 9290
M +65 9722 6028

Media Relations, Australia
Jonathan Rose
T +61 3 9283 3088
M +61 447 028 913

Matt Chambers
T +61 (0) 3 9283 3087
M +61 433 525 739

Jesse Riseborough
T +61 8 6211 6013
M +61 436 653 412

Investor Relations, United Kingdom
Menno Sanderse
T +44 20 7781 1517
M +44 7825 195 178

David Ovington
T +44 20 7781 2051
M +44 7920 010 978



Investor Relations, Australia
Natalie Worley
T +61 3 9283 3063
M +61 409 210 462

Amar Jambaa
T +61 3 9283 3627
M +61 472 865 948

Rio Tinto plc
6 St James’s Square
London SW1Y 4AD
United Kingdom
T +44 20 7781 2000
Registered in England
No. 719885

Rio Tinto Limited
Level 7, 360 Collins Street
Melbourne 3000
Australia
T +61 3 9283 3333
Registered in Australia
ABN 96 004 458 404


Page 11 of 25




Rio Tinto production summary
 
 
 
 
 
 
 
 
 
 
 
 
Rio Tinto share of production
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Quarter
 
9 Months
 
% Change
 
 
2018
Q3
2019
Q2
2019
Q3
 
2018
9 MTHS
2019
9 MTHS
 
Q3 19
vs
Q3 18
Q3 19
vs
Q2 19
9 MTHS 19
vs
9 MTHS 18
Principal Commodities
 
 
 
 
 
 
 
 
 
 
Alumina
('000 t)
1,972
1,878
1,826
 
5,960
5,713
 
-7
 %
-3
 %
-4
 %
Aluminium
('000 t)
814
803
789
 
2,414
2,388
 
-3
 %
-2
 %
-1
 %
Bauxite
('000 t)
12,700
13,407
13,796
 
38,631
39,967
 
9
 %
3
 %
3
 %
Borates
('000 t)
137
138
138
 
394
391
 
1
 %
0
 %
-1
 %
Copper - mined
('000 t)
159.7
137.1
157.8
 
455.8
437.6
 
-1
 %
15
 %
-4
 %
Copper - refined
('000 t)
70.8
82.3
57.1
 
188.6
187.7
 
-19
 %
-31
 %
0
 %
Diamonds
('000 cts)
4,896
4,481
4,551
 
14,137
12,828
 
-7
 %
2
 %
-9
 %
Iron Ore
('000 t)
72,010
68,141
75,117
 
215,782
209,839
 
4
 %
10
 %
-3
 %
Titanium dioxide slag
('000 t)
297
303
321
 
822
920
 
8
 %
6
 %
12
 %
Uranium
('000 lbs)
1,814
1,762
755
 
4,860
4,111
 
-58
 %
-57
 %
-15
 %
Other Metals & Minerals
 
 
 
 
 
 
 
 
 
 
Gold - mined
('000 oz)
101.4
111.6
87.8
 
253.7
314.8
 
-13
 %
-21
 %
24
 %
Gold - refined
('000 oz)
50.3
52.9
60.8
 
139.5
155.4
 
21
 %
15
 %
11
 %
Molybdenum
('000 t)
1.4
2.6
2.1
 
3.5
6.6
 
56
 %
-18
 %
86
 %
Salt
('000 t)
1,481
1,269
1,392
 
4,657
3,972
 
-6
 %
10
 %
-15
 %
Silver - mined
('000 oz)
1,384
1,403
1,320
 
4,070
4,203
 
-5
 %
-6
 %
3
 %
Silver - refined
('000 oz)
730
734
664
 
2,058
2,014
 
-9
 %
-10
 %
-2
 %
 
 
 
 
 
 
 
 
 
 
 
 
Throughout this report, figures in italics indicate adjustments made since the figure was previously quoted on the equivalent page. 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 year to date figures.

Page 12 of 25



Rio Tinto share of production
 
 
 
 
 
 
 
 
 
 
Rio Tinto
interest

Q3
2018
Q4
2018
Q1
2019
Q2
2019
Q3
2019
9 MTHS
2018
9 MTHS
2019
 
 
 
 
 
 
 
 
 
ALUMINA
 
 
 
 
 
 
 
 
Production ('000 tonnes)
 
 
 
 
 
 
 
 
Jonquière (Vaudreuil)
100
%
363
354
373
336
360
1,090
1,069
Jonquière (Vaudreuil) specialty Alumina plant
100
%
31
29
25
31
28
95
85
Queensland Alumina
80
%
748
742
711
668
669
2,216
2,047
São Luis (Alumar)
10
%
85
92
86
86
99
259
271
Yarwun
100
%
744
803
813
757
671
2,300
2,241
Rio Tinto total alumina production
 
1,972
2,020
2,008
1,878
1,826
5,960
5,713
 
 
 
 
 
 
 
 
 
ALUMINIUM
 
 
 
 
 
 
 
 
Production ('000 tonnes)
 
 
 
 
 
 
 
 
Australia - Bell Bay
100
%
48
48
45
47
48
141
141
Australia - Boyne Island
59
%
75
74
73
75
75
221
222
Australia - Tomago
52
%
78
77
74
76
77
228
227
Canada - six wholly owned
100
%
407
408
400
400
399
1,208
1,198
Canada - Alouette (Sept-Îles)
40
%
59
58
58
60
61
175
179
Canada - Bécancour
25
%
8
8
4
4
4
26
12
Iceland - ISAL (Reykjavik)
100
%
53
54
52
52
36
158
141
New Zealand - Tiwai Point
79
%
68
70
71
69
70
200
210
Oman - Sohar
20
%
20
20
19
19
20
56
58
Rio Tinto total aluminium production
 
814
817
796
803
789
2,414
2,388
 
 
 
 
 
 
 
 
 
 
BAUXITE
 
 
 
 
 
 
 
 
Production ('000 tonnes) (a)
 
 
 
 
 
 
 
 
Gove
100
%
2,893
3,250
3,004
2,957
2,968
9,290
8,929
Porto Trombetas
12
%
342
489
285
287
385
1,087
956
Sangaredi
(b)

1,261
1,204
1,558
1,630
1,749
4,664
4,938
Weipa
100
%
8,204
6,847
7,917
8,533
8,695
23,590
25,144
Rio Tinto total bauxite production
12,700
11,790
12,763
13,407
13,796
38,631
39,967
(a) Mine production figures for metals refer to the total quantity of metal produced in concentrates, leach liquor or doré bullion irrespective of whether these products are then refined onsite, except for the data for bauxite and iron ore which represent production of marketable quantities of ore plus concentrates and pellets.
(b) Rio Tinto has a 22.95% shareholding in the Sangaredi mine but benefits from 45.0% of production.

Page 13 of 25



Rio Tinto share of production
 
 
 
 
 
 
 
 
 
 
Rio Tinto
interest

Q3
2018
Q4
2018
Q1
2019
Q2
2019
Q3
2019
9 MTHS
2018
9 MTHS
2019
 
 
 
 
 
 
 
 
 
BORATES
 
 
 
 
 
 
 
 
Production ('000 tonnes B2O3 content)
 
 
 
 
 
 
 
 
Rio Tinto Borates - borates
100
%
137
118
115
138
138
394
391
 
 
 
 
 
 
 
 
 
COPPER
 
 
 
 
 
 
 
 
Mine production ('000 tonnes) (a)
 
 
 
 
 
 
 
 
Bingham Canyon
100
%
59.1
58.3
52.5
41.1
57.8
145.7
151.4
Escondida
30
%
87.4
79.7
74.8
82.9
90.5
270.7
248.1
Oyu Tolgoi (b)
34
%
13.2
13.9
15.4
13.1
9.5
39.4
38.0
Rio Tinto total mine production
 
159.7
151.9
142.7
137.1
157.8
455.8
437.6
Refined production ('000 tonnes)
 
 
 
 
 
 
 
Escondida
30
%
16.6
21.6
18.7
19.0
16.8
58.5
54.5
Rio Tinto Kennecott
100
%
54.2
64.6
29.6
63.3
40.3
130.2
133.2
Rio Tinto total refined production
70.8
86.1
48.3
82.3
57.1
188.6
187.7
(a) Mine production figures for metals refer to the total quantity of metal produced in concentrates, leach liquor or doré bullion irrespective of whether these products are then refined onsite, except for the data for bauxite and iron ore which represent production of marketable quantities of ore plus concentrates and pellets.
(b) Rio Tinto owns a 33.52% indirect interest in Oyu Tolgoi through its 50.79% interest in Turquoise Hill Resources Ltd.
 
 
 
 
 
 
 
 
 
DIAMONDS
 
 
 
 
 
 
 
 
Production ('000 carats)
 
 
 
 
 
 
 
 
Argyle
100
%
3,830
3,211
2,786
3,292
3,558
10,857
9,636
Diavik
60
%
1,066
1,078
1,010
1,188
994
3,280
3,191
Rio Tinto total diamond production
 
4,896
4,290
3,796
4,481
4,551
14,137
12,828
 
 
 
 
 
 
 
 
 
GOLD
 
 
 
 
 
 
 
 
Mine production ('000 ounces) (a)
 
 
 
 
 
 
 
 
Bingham Canyon
100
%
56.6
57.1
53.0
65.1
64.6
139.6
182.6
Escondida
30
%
19.1
22.1
22.2
22.4
14.6
57.6
59.3
Oyu Tolgoi (b)
34
%
25.8
39.1
40.2
24.1
8.6
56.6
72.9
Rio Tinto total mine production
 
101.4
118.4
115.4
111.6
87.8
253.7
314.8
Refined production ('000 ounces)
 
 
 
 
 
 
 
Rio Tinto Kennecott
100
%
50.3
58.6
41.7
52.9
60.8
139.5
155.4
(a) Mine production figures for metals refer to the total quantity of metal produced in concentrates, leach liquor or doré bullion irrespective of whether these products are then refined onsite, except for the data for bauxite and iron ore which represent production of marketable quantities of ore plus concentrates and pellets.
(b) Rio Tinto owns a 33.52% indirect interest in Oyu Tolgoi through its 50.79% interest in Turquoise Hill Resources Ltd.

Page 14 of 25



Rio Tinto share of production
 
 
 
 
 
 
 
 
 
 
Rio Tinto
interest

Q3
2018
Q4
2018
Q1
2019
Q2
2019
Q3
2019
9 MTHS
2018
9 MTHS
2019
 
 
 
 
 
 
 
 
 
IRON ORE
 
 
 
 
 
 
 
 
Production ('000 tonnes) (a)
 
 
 
 
 
 
 
Hamersley mines
(b)

54,583
56,364
51,218
50,087
55,567
164,248
156,871
Hamersley - Channar
60
%
604
1,337
931
1,451
947
2,967
3,330
Hope Downs
50
%
5,713
5,845
5,957
6,051
6,077
16,839
18,085
Iron Ore Company of Canada
59
%
2,880
2,836
2,481
2,532
2,960
6,116
7,972
Robe River - Pannawonica (Mesas J and A)
53
%
4,208
4,004
1,870
3,329
4,725
12,928
9,924
Robe River - West Angelas
53
%
4,021
4,631
4,125
4,692
4,840
12,685
13,657
Rio Tinto iron ore production ('000 tonnes)
 
72,010
75,018
66,581
68,141
75,117
215,782
209,839
Breakdown of Production:
 
 
 
 
 
 
 
 
Pilbara Blend Lump
 
20,554
21,674
19,978
19,842
21,015
63,169
60,836
Pilbara Blend Fines
 
29,921
31,652
28,779
28,463
31,713
90,930
88,955
Robe Valley Lump
 
1,470
1,409
635
1,201
1,650
4,488
3,486
Robe Valley Fines
 
2,738
2,595
1,235
2,128
3,075
8,441
6,438
Yandicoogina Fines (HIY)
 
14,446
14,852
13,473
13,975
14,704
42,639
42,151
Pilbara iron ore production ('000 tonnes)
 
69,129
72,182
64,101
65,610
72,156
209,666
201,867
IOC Concentrate
 
1,131
1,433
890
1,193
1,400
2,501
3,483
IOC Pellets
 
1,750
1,403
1,590
1,339
1,560
3,615
4,489
IOC iron ore production ('000 tonnes)
 
2,880
2,836
2,481
2,532
2,960
6,116
7,972
Breakdown of Sales:
 
 
 
 
 
 
 
 
Pilbara Blend Lump
 
17,967
18,439
15,772
18,644
18,633
55,453
53,049
Pilbara Blend Fines
 
31,432
35,205
28,406
33,912
34,088
97,336
96,406
Robe Valley Lump
 
1,174
1,219
457
1,037
1,290
3,661
2,784
Robe Valley Fines
 
2,839
2,996
1,308
2,577
3,349
9,089
7,234
Yandicoogina Fines (HIY)
 
14,583
14,831
12,294
15,212
14,286
42,549
41,791
Pilbara iron ore sales ('000 tonnes) (c)
 
67,995
72,690
58,236
71,382
71,646
208,088
201,264
IOC Concentrate
 
1,521
1,558
516
1,315
1,425
2,329
3,256
IOC Pellets
 
1,659
1,516
1,576
1,423
1,229
3,435
4,228
IOC Iron ore sales ('000 tonnes)
 
3,180
3,073
2,092
2,738
2,654
5,763
7,484
Rio Tinto iron ore sales ('000 tonnes)
71,175
75,763
60,328
74,119
74,300
213,851
208,748
(a) Mine production figures for metals refer to the total quantity of metal produced in concentrates, leach liquor or doré bullion irrespective of whether these products are then refined onsite, except for the data for bauxite and iron ore which represent production of marketable quantities of ore plus concentrates and pellets.
(b) Includes 100% of production from Paraburdoo, Mt Tom Price, Marandoo, Yandicoogina, Brockman, Nammuldi, Silvergrass and the Eastern Range mines. Whilst Rio Tinto owns 54% of the Eastern Range mine, under the terms of the joint venture agreement, Hamersley Iron manages the operation and is obliged to purchase all mine production from the joint venture and therefore all of the production is included in Rio Tinto's share of production.
(c) Pilbara Blend sales include 6.7 million tonnes of alternate products in Q3 2019 and 10.7 million tonnes in YTD 2019.

Page 15 of 25



Rio Tinto share of production
 
Rio Tinto
interest

Q3
2018
Q4
2018
Q1
2019
Q2
2019
Q3
2019
9 MTHS
2018
9 MTHS
2019
 
 
 
 
 
 
 
 
 
MOLYBDENUM
 
 
 
 
 
 
 
 
Mine production ('000 tonnes) (a)
 
 
 
 
 
 
 
Bingham Canyon
100
%
1.4
2.2
1.9
2.6
2.1
3.5
6.6
(a) Mine production figures for metals refer to the total quantity of metal produced in concentrates, leach liquor or doré bullion irrespective of whether these products are then refined onsite, except for the data for bauxite and iron ore which represent production of marketable quantities of ore plus concentrates and pellets.
 
 
 
 
 
 
 
 
 
SALT
 
 
 
 
 
 
 
 
Production ('000 tonnes)
 
 
 
 
 
 
 
 
Dampier Salt
68
%
1,481
1,496
1,310
1,269
1,392
4,657
3,972
 
 
 
 
 
 
 
 
 
SILVER
 
 
 
 
 
 
 
 
Mine production ('000 ounces) (a)
 
 
 
 
 
 
 
Bingham Canyon
100
%
708
736
741
700
768
1,784
2,210
Escondida
30
%
599
771
657
622
488
2,059
1,767
Oyu Tolgoi (b)
34
%
77
80
83
80
64
227
227
Rio Tinto total mine production
 
1,384
1,586
1,481
1,403
1,320
4,070
4,203
Refined production ('000 ounces)
 
 
 
 
 
 
 
Rio Tinto Kennecott
100
%
730
807
617
734
664
2,058
2,014
(a) Mine production figures for metals refer to the total quantity of metal produced in concentrates, leach liquor or doré bullion irrespective of whether these products are then refined onsite, except for the data for bauxite and iron ore which represent production of marketable quantities of ore plus concentrates and pellets.
(b) Rio Tinto owns a 33.52% indirect interest in Oyu Tolgoi through its 50.79% interest in Turquoise Hill Resources Ltd
 
 
 
 
 
 
 
 
 
TITANIUM DIOXIDE SLAG
 
 
 
 
 
 
 
 
Production ('000 tonnes)
 
 
 
 
 
 
 
 
Rio Tinto Iron & Titanium (a)
100
%
297
294
296
303
321
822
920
(a) Quantities comprise 100% of Rio Tinto Fer et Titane and Rio Tinto's 74% interest in Richards Bay Minerals (RBM).
 
 
 
 
 
 
 
 
 
URANIUM
 
 
 
 
 
 
 
 
Production ('000 lbs U3O8) (a)
 
 
 
 
 
 
 
Energy Resources of Australia
68
%
820
924
793
620
585
2,090
1,998
Rössing (b)
0
%
994
979
802
1,142
170
2,771
2,114
Rio Tinto total uranium production
1,814
1,904
1,595
1,762
755
4,860
4,111
(a) ERA and Rössing production reported are drummed U3O8.
(b) On 16 July 2019, Rio Tinto completed the sale of its entire 68.62% interest in the Rossing mine in Namibia to China National Uranium Corporation Limited. Production is reported up to the date of completion.
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 year to date figures.
The Rio Tinto percentage shown above is at 30 September 2019.
Rio Tinto's interest in the Kestrel, Hail Creek, Dunkerque and Grasberg operations were sold in 2018. No data for these operations are included in the Share of production table.

Page 16 of 25



Rio Tinto operational data
 
 
 
 
 
 
 
 
 
 
Rio Tinto
interest

Q3
2018
Q4
2018
Q1
2019
Q2
2019
Q3
2019
9 MTHS
2018
9 MTHS
2019
 
 
 
 
 
 
 
 
 
ALUMINA
 
 
 
 
 
 
 
 
Smelter Grade Alumina - Aluminium Group
 
 
 
 
 
 
 
Alumina production ('000 tonnes)
 
 
 
 
 
 
 
 
Australia
 
 
 
 
 
 
 
 
Queensland Alumina Refinery - Queensland
80.0
%
935
927
888
834
836
2,770
2,559
Yarwun refinery - Queensland
100.0
%
744
803
813
757
671
2,300
2,241
Brazil
 
 
 
 
 
 
 
 
São Luis (Alumar) refinery
10.0
%
851
918
859
864
989
2,592
2,713
Canada
 
 
 
 
 
 
 
 
Jonquière (Vaudreuil) refinery - Quebec (a)
100.0
%
363
354
373
336
360
1,090
1,069
(a) Jonquière’s (Vaudreuil’s) production shows smelter grade alumina only and excludes hydrate produced and used for specialty alumina.
Specialty Alumina - Aluminium Group
 
 
 
 
 
 
 
Specialty alumina production ('000 tonnes)
 
 
 
 
 
 
 
Canada
 
 
 
 
 
 
 
 
Jonquière (Vaudreuil) plant – Quebec
100.0
%
31
29
25
31
28
95
85
Rio Tinto percentage interest shown above is at 30 September 2019. The data represent full production and sales on a 100% basis unless otherwise stated.

Page 17 of 25



Rio Tinto operational data
 
 
 
 
 
 
 
 
 
 
Rio Tinto
interest

Q3
2018
Q4
2018
Q1
2019
Q2
2019
Q3
2019
9 MTHS
2018
9 MTHS
2019
 
 
 
 
 
 
 
 
 
ALUMINIUM
 
 
 
 
 
 
 
 
Primary Aluminium
 
 
 
 
 
 
 
 
Primary aluminium production ('000 tonnes)
 
 
 
 
 
 
 
Australia
 
 
 
 
 
 
 
 
Bell Bay smelter - Tasmania
100.0
%
48
48
45
47
48
141
141
Boyne Island smelter - Queensland
59.4
%
126
125
122
126
125
371
374
Tomago smelter - New South Wales
51.6
%
151
149
144
147
149
443
440
Canada
 
 
 
 
 
 
 
 
Alma smelter - Quebec
100.0
%
117
118
115
118
119
347
352
Alouette (Sept-Îles) smelter - Quebec
40.0
%
148
146
144
150
153
438
447
Arvida smelter - Quebec
100.0
%
43
44
43
44
45
129
131
Arvida AP60 smelter - Quebec
100.0
%
13
13
14
15
15
39
44
Bécancour smelter - Quebec
25.1
%
32
30
17
16
16
105
49
Grande-Baie smelter - Quebec
100.0
%
59
59
58
58
59
174
174
Kitimat smelter - British Columbia
100.0
%
110
109
106
102
96
327
304
Laterrière smelter - Quebec
100.0
%
65
65
64
64
65
191
193
France
 
 
 
 
 
 
 
 
Dunkerque smelter (a)
0
%
66
57
-
-
-
170
-
Iceland
 
 
 
 
 
 
 
 
ISAL (Reykjavik) smelter
100.0
%
53
54
52
52
36
158
141
New Zealand
 
 
 
 
 
 
 
 
Tiwai Point smelter
79.4
%
85
88
89
87
88
252
264
Oman
 
 
 
 
 
 
 
 
Sohar smelter
20.0
%
98
99
97
97
98
281
292
(a) On 14 December 2018, Rio Tinto completed the sale of its 100% interest in the Dunkerque smelter. Production is reported up to the date of completion.
Rio Tinto percentage interest shown above is at 30 September 2019. The data represent full production and sales on a 100% basis unless otherwise stated.

Page 18 of 25



Rio Tinto operational data
 
 
 
 
 
 
 
 
 
 
Rio Tinto
interest

Q3
2018
Q4
2018
Q1
2019
Q2
2019
Q3
2019
9 MTHS
2018
9 MTHS
2019
 
 
 
 
 
 
 
 
 
BAUXITE
 
 
 
 
 
 
 
 
Bauxite production ('000 tonnes)
 
 
 
 
 
 
 
 
Australia
 
 
 
 
 
 
 
 
Gove mine - Northern Territory
100.0
%
2,893
3,250
3,004
2,957
2,968
9,290
8,929
Weipa mine - Queensland
100.0
%
8,204
6,847
7,917
8,533
8,695
23,590
25,144
Brazil
 
 
 
 
 
 
 
 
Porto Trombetas (MRN) mine
12.0
%
2,848
4,073
2,372
2,393
3,205
9,061
7,970
Guinea
 
 
 
 
 
 
 
 
Sangaredi mine (a)
23.0
%
2,803
2,675
3,463
3,623
3,887
10,364
10,973
 
 
 
 
 
 
 
 
 
Rio Tinto share of bauxite shipments
 
 
 
 
 
 
 
Share of total bauxite shipments ('000 tonnes)
12,427
11,622
12,725
13,122
13,912
37,914
39,758
Share of third party bauxite shipments ('000 tonnes)
8,441
7,387
8,842
9,477
10,361
25,427
28,680
 
 
 
 
 
 
 
 
 
(a) Rio Tinto has a 22.95% shareholding in the Sangaredi mine but benefits from 45.0% of production.

Rio Tinto percentage interest shown above is at 30 September 2019. The data represent full production and sales on a 100% basis unless otherwise stated.

Page 19 of 25



Rio Tinto operational data
 
 
 
 
 
 
 
 
 
 
Rio Tinto
interest

Q3
2018
Q4
2018
Q1
2019
Q2
2019
Q3
2019
9 MTHS
2018
9 MTHS
2019
 
 
 
 
 
 
 
 
 
BORATES
 
 
 
 
 
 
 
 
Rio Tinto Borates - borates
100.0
%
 
 
 
 
 
 
 
US
 
 
 
 
 
 
 
 
Borates ('000 tonnes) (a)
 
137
118
115
138
138
394
391
(a) Production is expressed as B2O3 content.
 
 
 
 
 
 
 
 
 
COAL
 
 
 
 
 
 
 
 
Rio Tinto Coal Australia
 
 
 
 
 
 
 
 
Hail Creek Coal mine (a)
0.0
%
 
 
 
 
 
 
 
Queensland
 
 
 
 
 
 
 
 
Hard coking coal ('000 tonnes)
 
396
-
-
-
-
2,700
-
Thermal coal ('000 tonnes)
 
449
-
-
-
-
2,760
-
Kestrel Coal mine (b)
0.0
%
 
 
 
 
 
 
 
Queensland
 
 
 
 
 
 
 
 
Hard coking coal ('000 tonnes)
 
484
-
-
-
-
2,217
-
Thermal coal ('000 tonnes)
 
35
-
-
-
-
329
-
 
 
 
 
 
 
 
 
 
Total hard coking coal production ('000 tonnes)
880
-
-
-
-
4,917
-
Total thermal coal production ('000 tonnes)
485
-
-
-
-
3,089
-
Total coal production ('000 tonnes)
 
1,365
-
-
-
-
8,007
-
 
 
 
 
 
 
 
 
 
Total coal sales ('000 tonnes)
 
1,725
-
-
-
-
8,492
-
Rio Tinto Coal Australia share (c)
 
 
 
 
 
 
 
 
Share of hard coking coal sales ('000 tonnes)
650
-
-
-
-
4,246
-
Share of thermal coal sales ('000 tonnes) (d)
754
-
-
-
-
2,664
-
 
 
 
 
 
 
 
 
 
(a) On 1 August 2018, Rio Tinto completed the sale of its 82% interest in the Hail Creek mine. Production is reported up to the date of completion.
(b) On 1 August 2018, Rio Tinto completed the sale of its 80% interest in the Kestrel mine. Production is reported up to the date of completion.
(c) Kestrel and Hail Creek produce hard coking coal and thermal coal through their mining operations. Both mines may blend coal types at ports.
(d) Sales relate only to coal mined by the operations and exclude traded coal.

Rio Tinto percentage interest shown above is at 30 September 2019. The data represent full production and sales on a 100% basis unless otherwise stated.

Page 20 of 25



Rio Tinto operational data
 
 
 
 
 
 
 
 
 
 
Rio Tinto
interest

Q3
2018
Q4
2018
Q1
2019
Q2
2019
Q3
2019
9 MTHS
2018
9 MTHS
2019
 
 
 
 
 
 
 
 
 
COPPER & GOLD
 
 
 
 
 
 
 
 
Escondida
30.0
%
 
 
 
 
 
 
 
Chile
 
 
 
 
 
 
 
 
Sulphide ore to concentrator ('000 tonnes)
30,513
30,507
32,027
32,519
33,956
94,449
98,502
Average copper grade (%)
 
0.94
0.87
0.82
0.86
0.86
0.95
0.85
Mill production (metals in concentrates):
 
 
 
 
 
 
 
 
Contained copper ('000 tonnes)
 
241.9
219.9
212.4
231.7
245.1
748.1
689.2
Contained gold ('000 ounces)
 
64
74
74
75
49
192
198
Contained silver ('000 ounces)
 
1,997
2,570
2,189
2,074
1,626
6,863
5,889
Recoverable copper in ore stacked for leaching ('000 tonnes) (a)
49.4
45.7
36.8
44.5
56.7
154.2
137.9
Refined production from leach plants:
 
 
 
 
 
 
 
 
Copper cathode production ('000 tonnes)
 
55.4
71.9
62.4
63.5
55.9
194.9
181.8
(a) The calculation of copper in material mined for leaching is based on ore stacked at the leach pad.
Freeport-McMoRan
 
 
 
 
 
 
 
 
Grasberg mine (a)
0.0% (b)

 
 
 
 
 
 
 
Papua, Indonesia
 
 
 
 
 
 
 
 
Ore treated ('000 tonnes)
 
17,535
14,049
-
-
-
50,261
-
Average mill head grades:
 
 
 
 
 
 
 
 
Copper (%)
 
1.00
0.73
-
-
-
1.06
-
Gold (g/t)
 
1.77
1.08
-
-
-
1.73
-
Silver (g/t)
 
4.49
2.09
-
-
-
4.75
-
Production of metals in concentrates:
 
 
 
 
 
 
 
 
Copper in concentrates ('000 tonnes)
 
158.7
85.4
-
-
-
484.3
-
Gold in concentrates ('000 ounces)
 
842
402
-
-
-
2,377
-
Silver in concentrates ('000 ounces)
 
1,439
545
-
-
-
4,500
-
Sales of payable metals in concentrates: (c)
 
 
 
 
 
 
 
Copper in concentrates ('000 tonnes)
 
170.6
82.7
-
-
-
473.3
-
Gold in concentrates ('000 ounces)
 
903
399
-
-
-
2,320
-
Silver in concentrates ('000 ounces)
 
1,221
426
-
-
-
3,502
-
(a) Through a joint venture agreement with Freeport-McMoRan (FCX), Rio Tinto is entitled to 40% of additional material mined as a consequence of expansions and developments of the Grasberg facilities since 1998. The Q4 2018 results show the forecast from FCX's most recent five-year plan. On 21 December 2018, Rio Tinto completed the sale of its entire interest in the Grasberg mine in Indonesia to PT Indonesia Asahan Aluminium (Persero) (Inalum). Production is reported up to the date of completion.
(b) Rio Tinto share of Grasberg production is 40% of the expansion.
(c) Net of smelter deduction.
Rio Tinto percentage interest shown above is at 30 September 2019. The data represent full production and sales on a 100% basis unless otherwise stated.

Page 21 of 25



Rio Tinto operational data
 
 
 
 
 
 
 
 
 
 
Rio Tinto
interest

Q3
2018
Q4
2018
Q1
2019
Q2
2019
Q3
2019
9 MTHS
2018
9 MTHS
2019
 
 
 
 
 
 
 
 
 
COPPER & GOLD (continued)
 
 
 
 
 
 
 
 
Rio Tinto Kennecott
 
 
 
 
 
 
 
 
Bingham Canyon mine
100.0
%
 
 
 
 
 
 
 
Utah, US
 
 
 
 
 
 
 
 
Ore treated ('000 tonnes)
 
11,173
10,853
10,685
10,123
10,084
29,407
30,892
Average ore grade:
 
 
 
 
 
 
 
 
Copper (%)
 
0.58
0.59
0.55
0.46
0.64
0.55
0.55
Gold (g/t)
 
0.26
0.26
0.25
0.33
0.30
0.25
0.29
Silver (g/t)
 
2.62
2.76
2.76
2.84
2.74
2.53
2.78
Molybdenum (%)
 
0.030
0.032
0.032
0.039
0.039
0.027
0.037
Copper concentrates produced ('000 tonnes)
233
222
207
161
207
598
575
Average concentrate grade (% Cu)
 
25.3
26.0
25.3
25.5
27.8
24.3
26.3
Production of metals in copper concentrates:
 
 
 
 
 
 
 
Copper ('000 tonnes) (a)
 
59.1
58.3
52.5
41.1
57.8
145.7
151.4
Gold ('000 ounces)
 
57
57
53
65
65
140
183
Silver ('000 ounces)
 
708
736
741
700
768
1,784
2,210
Molybdenum concentrates produced ('000 tonnes):
2.8
4.5
3.8
5.0
4.3
7.0
13.0
Molybdenum in concentrates ('000 tonnes)
 
1.4
2.2
1.9
2.6
2.1
3.5
6.6
 
Kennecott smelter & refinery
100.0
%
 
 
 
 
 
 
 
Copper concentrates smelted ('000 tonnes)
246
262
204
207
160
670
571
Copper anodes produced ('000 tonnes) (b)
58.1
62.4
33.3
60.3
39.3
144.9
132.9
Production of refined metal:
 
 
 
 
 
 
 
 
Copper ('000 tonnes)
 
54.2
64.6
29.6
63.3
40.3
130.2
133.2
Gold ('000 ounces) (c)
 
50.3
58.6
41.7
52.9
60.8
139.5
155.4
Silver ('000 ounces) (c)
 
730
807
617
734
664
2,058
2,014
(a) Includes a small amount of copper in precipitates.
(b) New metal excluding recycled material.
(c) Includes gold and silver in intermediate products.

Rio Tinto percentage interest shown above is at 30 September 2019. The data represent full production and sales on a 100% basis unless otherwise stated.

Page 22 of 25



Rio Tinto operational data
 
 
 
 
 
 
 
 
 
 
Rio Tinto
interest

Q3
2018
Q4
2018
Q1
2019
Q2
2019
Q3
2019
9 MTHS
2018
9 MTHS
2019
 
 
 
 
 
 
 
 
 
COPPER & GOLD (continued)
 
 
 
 
 
 
 
 
Turquoise Hill Resources
 
 
 
 
 
 
 
 
Oyu Tolgoi mine (a)
33.5
%
 
 
 
 
 
 
 
Mongolia
 
 
 
 
 
 
 
 
Ore Treated ('000 tonnes)
 
9,652
9,361
9,255
10,394
10,040
29,377
29,689
Average mill head grades:
 
 
 
 
 
 
 
 
Copper (%)
 
0.51
0.55
0.57
0.46
0.37
0.50
0.46
Gold (g/t)
 
0.38
0.56
0.58
0.31
0.14
0.29
0.34
Silver (g/t)
 
1.19
1.22
1.25
1.20
1.03
1.22
1.16
Copper concentrates produced ('000 tonnes)
179.8
189.0
210.1
180.6
131.3
535.9
522.1
Average concentrate grade (% Cu)
 
21.9
21.9
21.8
21.7
21.7
21.9
21.7
Production of metals in concentrates:
 
 
 
 
 
 
 
 
Copper in concentrates ('000 tonnes)
 
39.4
41.5
45.8
39.2
28.4
117.6
113.4
Gold in concentrates ('000 ounces)
 
77.0
116.7
120.1
71.8
25.6
168.8
217.5
Silver in concentrates ('000 ounces)
 
230
238
247
239
191
676
677
Sales of metals in concentrates:
 
 
 
 
 
 
 
 
Copper in concentrates ('000 tonnes)
 
36.0
40.2
38.5
46.6
32.5
116.4
117.6
Gold in concentrates ('000 ounces)
 
55
111
98
116
35
137
249
Silver in concentrates ('000 ounces)
 
201
216
200
245
207
657
652
(a) Rio Tinto owns a 33.52% indirect interest in Oyu Tolgoi through its 50.79% interest in Turquoise Hill Resources.
 
 
 
 
 
 
 
 
 
DIAMONDS
 
 
 
 
 
 
 
 
Argyle Diamonds
100.0
%
 
 
 
 
 
 
 
Western Australia
 
 
 
 
 
 
 
 
AK1 ore processed ('000 tonnes)
 
1,465
1,292
1,248
1,427
1,716
4,153
4,390
AK1 diamonds produced ('000 carats)
 
3,830
3,211
2,786
3,292
3,558
10,857
9,636
Diavik Diamonds
60.0
%
 
 
 
 
 
 
 
Northwest Territories, Canada
 
 
 
 
 
 
 
 
Ore processed ('000 tonnes)
 
670
651
620
671
628
1,879
1,919
Diamonds recovered ('000 carats)
 
1,776
1,797
1,683
1,980
1,656
5,467
5,319
 
Rio Tinto percentage interest shown above is at 30 September 2019. The data represent full production and sales on a 100% basis unless otherwise stated.

Page 23 of 25



Rio Tinto operational data
 
Rio Tinto
interest

Q3
2018
Q4
2018
Q1
2019
Q2
2019
Q3
2019
9 MTHS
2018
9 MTHS
2019
 
 
 
 
 
 
 
 
 
IRON ORE
 
 
 
 
 
 
 
 
Rio Tinto Iron Ore
 
 
 
 
 
 
 
 
Western Australia
 
 
 
 
 
 
 
 
Pilbara Operations
 
 
 
 
 
 
 
 
Saleable iron ore production ('000 tonnes)
 
 
 
 
 
 
 
Hamersley mines
(a)

54,583
56,364
51,218
50,087
55,567
164,248
156,871
Hamersley - Channar
60.0
%
1,007
2,228
1,552
2,419
1,579
4,945
5,549
Hope Downs
50.0
%
11,426
11,691
11,913
12,101
12,155
33,677
36,169
Robe River - Pannawonica (Mesas J and A)
53.0
%
7,940
7,555
3,529
6,282
8,914
24,393
18,725
Robe River - West Angelas
53.0
%
7,587
8,738
7,783
8,853
9,133
23,933
25,768
Total production ('000 tonnes)
 
82,542
86,576
75,995
79,741
87,347
251,196
243,083
Breakdown of total production:
 
 
 
 
 
 
 
 
Pilbara Blend Lump
 
24,461
26,084
24,068
24,291
25,434
75,545
73,793
Pilbara Blend Fines
 
35,696
38,085
34,924
35,194
38,296
108,620
108,413
Robe Valley Lump
 
2,774
2,659
1,198
2,266
3,113
8,467
6,578
Robe Valley Fines
 
5,166
4,896
2,331
4,015
5,802
15,926
12,148
Yandicoogina Fines (HIY)
 
14,446
14,852
13,473
13,975
14,704
42,639
42,151
Breakdown of total sales:
 
 
 
 
 
 
 
 
Pilbara Blend Lump
 
21,644
22,161
18,968
22,287
22,014
66,054
63,269
Pilbara Blend Fines
 
38,100
42,497
34,558
41,105
41,004
118,058
116,667
Robe Valley Lump
 
2,215
2,301
863
1,957
2,433
6,908
5,253
Robe Valley Fines
 
5,356
5,652
2,468
4,862
6,318
17,149
13,648
Yandicoogina Fines (HIY)
 
14,583
14,831
12,294
15,212
14,286
42,549
41,791
Total sales ('000 tonnes) (b) (c)
 
81,898
87,442
69,150
85,423
86,055
250,718
240,628
(a) Includes 100% of production from Paraburdoo, Mt Tom Price, Marandoo, Yandicoogina, Brockman, Nammuldi, Silvergrass and the Eastern Range mines. Whilst Rio Tinto owns 54% of the Eastern Range mine, under the terms of the joint venture agreement, Hamersley Iron manages the operation and is obliged to purchase all mine production from the joint venture and therefore all of the production is included in Rio Tinto's share of production.
(b) Pilbara Blend sales include 6.7 million tonnes of alternate products in Q3 2019 and 10.7 million tonnes in the first nine months of 2019.
(c) Sales represent iron ore exported from Western Australian ports.

Iron Ore Company of Canada
58.7
%
 
 
 
 
 
 
 
Newfoundland & Labrador and Quebec in Canada
 
 
 
 
 
 
 
Saleable iron ore production:
 
 
 
 
 
 
 
 
Concentrates ('000 tonnes)
 
1,926
2,441
1,516
2,031
2,384
4,260
5,932
Pellets ('000 tonnes)
 
2,979
2,389
2,709
2,280
2,657
6,156
7,646
IOC Total production ('000 tonnes)
 
4,905
4,830
4,225
4,311
5,041
10,416
13,577
Sales:
 
 
 
 
 
 
 
 
Concentrates ('000 tonnes)
 
2,590
2,653
878
2,239
2,427
3,966
5,544
Pellets ('000 tonnes)
 
2,825
2,581
2,684
2,424
2,093
5,849
7,201
IOC Total Sales ('000 tonnes)
 
5,415
5,234
3,562
4,663
4,520
9,815
12,745
Global Iron Ore Totals
 
 
 
 
 
 
 
 
Iron Ore Production ('000 tonnes)
 
87,448
91,406
80,219
84,052
92,389
261,612
256,660
Iron Ore Sales ('000 tonnes)
 
87,314
92,676
72,712
90,085
90,576
260,533
253,373
Rio Tinto percentage interest shown above is at 30 September 2019. The data represent full production and sales on a 100% basis unless otherwise stated.

Page 24 of 25




Rio Tinto operational data
 
 
 
 
 
 
 
 
 
 
Rio Tinto
interest

Q3
2018
Q4
2018
Q1
2019
Q2
2019
Q3
2019
9 MTHS
2018
9 MTHS
2019
 
 
 
 
 
 
 
 
 
SALT
 
 
 
 
 
 
 
 
Dampier Salt
68.4
%
 
 
 
 
 
 
 
Western Australia
 
 
 
 
 
 
 
 
Salt production ('000 tonnes)
 
2,167
2,188
1,917
1,856
2,036
6,813
5,810
 
 
 
 
 
 
 
 
 
TITANIUM DIOXIDE SLAG
 
 
 
 
 
 
 
 
Rio Tinto Iron & Titanium
100.0
%
 
 
 
 
 
 
 
Canada and South Africa
 
 
 
 
 
 
 
 
(Rio Tinto share) (a)
 
 
 
 
 
 
 
 
Titanium dioxide slag ('000 tonnes)
 
297
294
296
303
321
822
920
 
 
 
 
 
 
 
 
 
(a) Quantities comprise 100% of Rio Tinto Fer et Titane and Rio Tinto's 74% interest in Richards Bay Minerals' production. Ilmenite mined in Madagascar is being processed in Canada.
 
 
 
 
 
 
 
 
 
URANIUM
 
 
 
 
 
 
 
 
Energy Resources of Australia Ltd
 
 
 
 
 
 
 
 
Ranger mine (a)
68.4
%
 
 
 
 
 
 
 
Northern Territory, Australia
 
 
 
 
 
 
 
 
U3O8 Production ('000 lbs)
 
1,199
1,351
1,160
906
855
3,056
2,921
(a) ERA production data are drummed U3O8.
 
 
 
Rössing Uranium Ltd (a) (b)
0.0
%
 
 
 
 
 
 
 
Namibia
 
 
 
 
 
 
 
 
U3O8 Production ('000 lbs)
 
1,449
1,427
1,168
1,665
247
4,038
3,080
(a) Rössing production data are drummed U3O8.
(b) On 16 July 2019, Rio Tinto completed the sale of its entire 68.62% interest in the Rossing mine in Namibia to China National Uranium Corporation Limited. Production is reported up to the date of completion.
Rio Tinto percentage interest shown above is at 30 September 2019. The data represent full production and sales on a 100% basis unless otherwise stated.


Page 25 of 25
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