Ore numbers hold for now but cliff beckons for Rio

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English - July 17, 2022 23:56 - 1000 KB
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18 Jul 2022 - Rio Tinto is maintaining full year guidance for its iron ore production and exports after a solid June quarter performance but it is facing a sharp fall in earnings for the six months as iron ore prices trade more than 30% lower than the record corresponding period in 2021.