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Stock Market & Financial Investment News

News Breaks
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.
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April 14, 2014
18:32 EDTRIORio Tinto reports Q1 iron ore production up 8% to 66.4M tons
Rio Tinto reported Q1 production results, reporting global iron ore production of 66.4M tons, up 8% from the prior year period, with shipments of 66.7M tons. The company maintained its 2014 iron ore production guidance of 295M tons. Rio's mined copper production totaled 156.5K tons, up 17% against the prior year period, and the company maintained its mined copper expectations for 2014 at 570K tons.
April 9, 2014
09:33 EDTRIOBofA/Merrill's industrial/mining analysts hold analyst/industry conference call
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April 7, 2014
06:11 EDTRIORio Tinto fails to overturn court decision block Warkworth expansion, WSJ says
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