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(Adds unit cost outlook in paragraphs 4-5, impairment details in paragraph 7)
Feb 21 (Reuters) - Rio Tinto's full-year underlying earnings came in-line with analysts expectations on Wednesday, as production gains in its iron ore business countered weaker prices in aluminium, and warned it still faced rising costs.
Average prices Rio Tinto received for aluminium sold slipped over 2023 from COVID-era peaks, as supply chains normalised and demand from Western markets weakened. This offset a boost...
>>> Read more: UPDATE 2-Rio Tinto meets annual profit expectations, sees higher costs in 2024
Feb 21 (Reuters) - Rio Tinto's full-year underlying earnings came in-line with analysts expectations on Wednesday, as production gains in its iron ore business countered weaker prices in aluminium, and warned it still faced rising costs.
Average prices Rio Tinto received for aluminium sold slipped over 2023 from COVID-era peaks, as supply chains normalised and demand from Western markets weakened. This offset a boost...
>>> Read more: UPDATE 2-Rio Tinto meets annual profit expectations, sees higher costs in 2024
