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January 17, 2013
05:50 EDTRIORio Tinto expects non-cash impairment charge of $14B
Rio Tinto said it expects to recognize a non-cash impairment charge of approximately $14B in its 2012 full year results. The impairments include an amount of $3B relating to Rio Tinto Coal Mozambique, as well as reductions in the carrying values of Rio Tinto's aluminium assets in the range of $10B-11B. The company also expects to report a number of smaller asset write-downs in the order of $500M. The final figures will be included in Rio Tinto's full year results on February 14.
News For RIO From The Last 14 Days
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July 15, 2015
19:06 EDTRIORio Tinto cuts FY15 global iron ore shipments to 340M tonnes due to weather
"Due to the weather disruption in 1H, anticipated [iron ore] shipments were reduced by around 7M tonnes. Accordingly, Rio Tinto now expects FY15 global [iron ore] shipments of 340M tonnes -- 100% basis -- from its operations in Australia and Canada," said the company. Backs FY15 bauxite production 43M tonnes, alumina production 8M tonnes, aluminium production 3.3M tonnes. Sees share of refined copper production 190,000-220,000 tonnes. Sees share of mined copper production 500,000-535,000 tonnes. Sees share of thermal coal production 18M-19M tonnes. Sees 3M-3.4M tonnes of semi-soft coking coal, 7.1M-8.1M tonnes of hard coking coal. Cuts expected titanium dioxide slag production to 1.2M tonnes from 1.3M. Sees share of diamond production 20M carats. Sees share of uranium production 5M pounds, at the lower range of previous guidance.
18:55 EDTRIORio Tinto reports Bauxite production up 5%
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18:47 EDTRIORio Tinto reports Q2 global iron ore shipments up 8% to 81.4M tonnes
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