Mining News

Rio adjusts production expectations following tough quarter

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Mining major Rio Tinto has seen production declines across its portfolio of commodities during the three months to September, and has adjusted some of its targets for 2021.

“It has been another difficult quarter operationally and despite improving versus the prior quarter, we recognise the opportunity to raise our performance. We have consequently modestly adjusted our guidance,” said CEO Jakob Stausholm, noting that the quarter did, however, demonstrate the resilience of staff in dealing with ongoing Covid-19 challenges.

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