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Rio Tinto falls as profit miss highlights cost concerns

Wednesday, August 01, 2018 - 01:45

Global miner Rio Tinto said on Wednesday its first half profit grew 12 percent, missing estimates and sending shares lower even though it earmarked an additional $1 billion to buy back London-listed stock. Thuy Ong reports.

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Global miner Rio Tinto said on Wednesday its first half profit grew 12 percent, missing estimates and sending shares lower even though it earmarked an additional $1 billion to buy back London-listed stock. Thuy Ong reports.

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Rio Tinto falls as profit miss highlights cost concerns

Wednesday, August 01, 2018 - 01:45