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Stock Market & Financial Investment News

News Breaks
July 14, 2013
16:46 EDTRIORio Tinto sells two aluminum plants, WSJ says
Germany's Trimet and a state-run French utility Electricité de France have agreed to take over two unprofitable aluminum facilities in France from Rio Tinto, says the Wall Street Journal. Reference Link
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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