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Labour pushes up Rio's Australian costs

RIO Tinto chief executive Tom Albanese says the company is fighting the “twin challenges” of rising labour costs and lower productivity at its Australian operations.

Kristie Batten
Labour pushes up Rio's Australian costs

"I'm worried about that one," Albanese told analysts in London overnight during the company's annual results presentation. "I hope that BHP is right and that only 20 per cent of these cost increases...

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