Rio Tinto Limited (AU:RIO) has released an update.
Rio Tinto reports a strong operational performance with a focus on safety and production growth, particularly in bauxite and mined copper, which have seen significant increases compared to last year. Despite challenges such as a train collision and gas supply issues, the company remains committed to its decarbonization goals, advancing major projects for the energy transition, and has revised its 2024 production guidance for alumina. Rio Tinto also highlights the full ownership acquisition of New Zealand Aluminium Smelters and the progress of the Simandou iron ore project in Guinea.
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