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Rio Tinto Disappoints On Q3 Production, Sets Positive Tone About Organic Growth
The leading global miner Rio Tinto (NYSE:RIO) has missed analysts' estimates, scoring weaker-than-expected third-quarter production across the board. Despite this short-term weakness, the company's $6.7b acquisition of Arcadium Lithium is unlikely to meet criticism, given the long-term potential and cyclicality of that market.
Rio Tinto increased Pilbara's production by 1%, reaching 84.1 million tons of iron ore, a...
>>> Read more: Rio Tinto Disappoints On Q3 Production, Sets Positive Tone About Organic Growth
The leading global miner Rio Tinto (NYSE:RIO) has missed analysts' estimates, scoring weaker-than-expected third-quarter production across the board. Despite this short-term weakness, the company's $6.7b acquisition of Arcadium Lithium is unlikely to meet criticism, given the long-term potential and cyclicality of that market.
Rio Tinto increased Pilbara's production by 1%, reaching 84.1 million tons of iron ore, a...
>>> Read more: Rio Tinto Disappoints On Q3 Production, Sets Positive Tone About Organic Growth