Rio Tinto’s 2021 Diamond Production +3% To 3.84 Million Carats

Rio Tinto’s full-year diamond output from the Diavik mine in Canada grew 3% to 3.84 million carats due to an increased share of production from November last year, when it became the mine’s sole owner.

The production increase offset plant performance issues and lower ore grade in the fourth quarter. Rio Tinto’s Q4 diamond output grew 27% to 1.15 million carats, and was 38% higher than Q3 2021.

“On 28th October, we announced that the 2021 Argyle Pink Diamonds™ Tender collection of 70 rare pink and red diamonds from our Argyle mine in Australia delivered record breaking results in its 38-year history. The 2021 collection is a historical collection comprising the pinnacle of the Argyle production, mined in its final year of operations, before closing in November 2020,” the company said.

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