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Weaker Aussie dollar lets Rio off the hook on costs

'Another period with a lack of operational momentum doesn't help in this type of market'

Kristie Batten

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. Half-year shipments were down 2% year-on-year...

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