H1 2023 EBITDA Overview and Oyu Tolgoi Outlook
Product group level guidance
2023
Production Guidance
320 335Mt¹
Pilbara iron ore
shipments
Copper
Pilbara Iron ore ($/tonne)
(100% basis)
Copper C1 (US cents/lb)
Mined Copper (consolidated basis)
Refined Copper
590 - 640kt²
160-190kt
Aluminium
Bauxite
Alumina
Aluminium
Minerals
TiO2
IOC pellets and concentrate4
B₂O3
Diamonds
Rio Tinto
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54-57Mt3
7.4 - 7.7Mt
3.1 - 3.3Mt
1.1 - 1.4Mt³
10.0
11.0Mt
~0.5Mt
3.0 3.8m carats
2023
Unit cost guidance4
$21.0 - $22.5
In the upper half of the range. Pilbara shipments guidance remains subject to weather, market conditions and management of cultural heritage | 2Includes Oyu Tolgoi on a 100%
consolidated basis and continues to reflect our 30% share of Escondida | ³In the lower end of the range | 4Iron Ore Company of Canada | 4FY23 guidance is based on A$:US$ exchange
rate of 0.70
180-200
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