Resumen de Rio Tinto cuts TiO2 output by 17% in weak market, continues lithium investment
The company's Q1 operating results stated that Rio Tinto produced 322,000 tonnes TiO[subscript]2 slag during the quarter, "as production continued to be optimised to align with market demand".
"Weaker demand has resulted in a decision to take another furnace offline at Rio Tinto Fer et Titane (RTFT) in Quebec from April, meaning two of RTFT's furnaces are now idled," Rio said in its release.
The miner's TiO[subscript]2 output did increase 2% from Q4 2014, however Rio Tinto estimated that its total TiO[subscript]2 slag production for 2015 will now be 1.3m tonnes, down from 1.44m tonnes produced last year.
