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Stock Market & Financial Investment News

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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.
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October 23, 2014
06:27 EDTRIORio Tinto extends tenure of CEO Sam Walsh, CFO Chris Lynch
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