Weaker Aussie dollar lets Rio off the hook on costs

RIO TINTO maintains its full-year cost guidance for iron ore as currency fluctuations cancelled out inflation

Weaker Aussie dollar lets Rio off the hook on costs Weaker Aussie dollar lets Rio off the hook on costs Weaker Aussie dollar lets Rio off the hook on costs Weaker Aussie dollar lets Rio off the hook on costs Weaker Aussie dollar lets Rio off the hook on costs

Rio Tinto's new Gudai-Darri iron ore mine

Pilbara iron ore shipments increased 5% year-on-year and 12% quarter-on-quarter to 79.9 million tonnes, which missed RBC Capital Markets' estimate of 80.2Mt.