Steady as She Goes: Rio Tinto's Quarterly
Steady as She Goes: Rio Tinto's Quarterly
"Steady as she goes," was the reaction from Rio Tinto (ASX:RIO) management to production data that, on the whole, disappointed a little on the downside, especially for copper and somewhat for iron ore.
力拓（澳大利亞證券交易所股票代碼：RIO）管理層對產量數據的反應是 “她走得很穩”，總體而言，這些數據的下行略有失望，尤其是銅和鐵礦石的下行數據。
The company said in its first quarterly report of 2024 that iron ore production fell 11% quarter on quarter to 77.9 million tonnes—a drop reflecting the ongoing quality level problems with some of the currently mined deposits at Yandicoogina, as well as weather issues.
該公司在其2024年的第一季度報告中表示，鐵礦石產量同比下降11％，至7,790萬噸，這一下降反映了Yandicoogina目前開採的一些礦牀持續存在的質量水平問題以及天氣問題。
Compared with the first quarter of 2023, the decline was less dramatic at 2%.
與2023年第一季度相比，下降幅度不那麼大，爲2％。
Rio stated that productivity improvements elsewhere in the Pilbara helped offset the quality problems, but iron ore shipments were still down 10% quarter on quarter to 78 million tonnes. Compared to a year ago, exports were down 5%.
里約表示，皮爾巴拉其他地區的生產率提高幫助抵消了質量問題，但鐵礦石出貨量仍同比下降10％，至7800萬噸。與去年同期相比，出口下降了5％。
The average iron ore price during the quarter, Rio noted, was $US123 per dry metric tonne, down 4% from the fourth quarter of 2023 and only $US2 per tonne less than the first quarter of 2023.
里約指出，該季度的平均鐵礦石價格爲每幹公噸123美元，比2023年第四季度下降4％，每噸僅比2023年第一季度低2美元。
Rio pointed out that world iron ore prices fell 27% over the quarter.
里約指出，世界鐵礦石價格在本季度下跌了27％。
The miner's copper production fell 3% compared to the fourth quarter, totaling 156,000 tonnes. This decline was largely driven by Kennecott mined copper production, which, while 7% higher than the first quarter of FY 2023, was 32% lower than the previous quarter.
該礦商的銅產量與第四季度相比下降了3％，總量爲15.6萬噸。這種下降主要是由肯尼科特開採的銅產量推動的，雖然比2023財年第一季度增長了7％，但比上一季度下降了32％。
This drop was primarily due to unplanned conveyor downtime. Rio stated that the impacted conveyor is now fully operational again.
這種下降主要是由於輸送機意外停機造成的。里約表示，受影響的輸送機現已恢復全面運行。
Elsewhere, Rio Tinto's aluminum production fell 2% quarter on quarter to 826,000 tonnes, and bauxite production was down 11% to 13.4 million tonnes.
在其他地方，力拓的鋁產量同比下降2％，至82.6萬噸，鋁土礦產量下降11％，至1,340萬噸。
Rio maintained all its production guidance for 2024, with the most vital being iron ore production at 323 million to 338 million tonnes.
里約熱內盧維持了2024年的所有產量預期，其中最重要的是鐵礦石產量爲3.23億至3.38億噸。
Rio CEO Jakob Stausholm was mostly pleased with the outcome for the quarter.
里約熱內盧首席執行官雅各布·斯陶斯霍爾姆對本季度的業績感到非常滿意。
"We delivered stable operating results in the first quarter, including improvements at our bauxite and aluminum businesses, as we navigated seasonal challenges across our global operations.
“我們在應對全球業務的季節性挑戰的同時，在第一季度取得了穩定的經營業績，包括鋁土礦和鋁業務的改善。
Our full-year guidance is unchanged across all our products. We remain focused on growth in energy-transition materials, with the ramp-up at Oyu Tolgoi underground, the first full quarter of recycled aluminum production from Matalco, and further progress at Simandou, our high-grade iron ore project in Guinea," he said.
我們所有產品的全年指導方針均保持不變。他說：“我們仍然專注於能源轉型材料的增長，包括Oyu Tolgoi地下項目的增長，Matalco的再生鋁產量第一個完整季度，以及我們在幾內亞的高品位鐵礦石項目Simandou的進一步進展。”
