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Rio again warns on cost pressures

Rio Tinto reports solid quarter of production, but warns of cost inflation

Kristie Batten

Pilbara iron ore shipments on a 100% basis were up 14% year-on-year and 10% quarter-on-quarter to 88.5 million tonnes, above RBC Capital Markets' forecast of 82.6Mt. Rio said the result was due to better...

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