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Rio beats operations cost target

RIO Tinto has announced a 21% increase in first-half underlying earnings to $US5.1 billion ($A5.5 billion), enhancing operating cash flow by 8% to $8.7 billion.

Anthony Barich
Rio beats operations cost target

In the process, the Australian major exceeded its $3 billion operating cash cost reduction target six months ahead of schedule, while producing record volumes and driving productivity improvements across...

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