Rio Tinto Plc : A likely downward revision to guidance for Rio Tinto Iron Ore
>Rio Tinto has lowered its guidance for iron ore deliveries in 2019 - Rio Tinto has announced that its iron ore activities have encountered operational setbacks in the wake of the cyclones (Veronica then Wallace) which hit Australia in March. Rio Tinto Iron Ore has been forced to limit a number of shipments in order to guarantee their compliance with the specifications of its leading product Pilbara fines. As a result, the group has been prompted to revise down its mi...Rio Tinto is engaged in finding, mining and processing mineral resources. Co. has four product groups: iron ore, which supplies the global seaborne iron ore trade; aluminium, which includes bauxite mines, alumina refineries, and aluminium smelters; Copper and Diamonds, which has managed operations in Australia, Canada, Mongolia and the U.S., and non-managed operations in Chile and Indonesia, with by-product including gold, silver, molybdenum and others such as sulphuric acid, rhenium, and lead carbonate; and Energy and Minerals, which comprises mining, refining and marketing operations across borates, coal, iron ore concentrate and pellets, salt, titanium dioxide and uranium sectors.
Oddo Securities provides securities brokerage and research services. The company offers equity, economic, and derivatives research and credit analysis services. It focuses on insurance, automotive, building materials, pharmaceuticals, telecommunications, information technology, and agri-food industries.
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