In Q1 2014, titanium dioxide feedstock production was nine per cent lower than the first quarter of 2013 reflecting softer market demand. The planned rebuild of one of nine furnaces at Rio Tinto Fer et Titane (RTFT) continues to be postponed until market conditions for high grade titanium dioxide feedstock improve. First quarter production in 2014 increased eight per cent compared to the fourth quarter last year reflecting production increases at Richards Bay Minerals to match shipments of chloride feedstock.

 

2014 production guidance

 

2014 production guidance remains unchanged. Rio Tinto's share of production is expected to be 1.5 million tonnes of titanium dioxide feedstocks.