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Business news - 16 October 2012

 

Rio Tinto announces 鈥渟trong鈥 third quarter results

Despite continued market volatility, Rio Tinto said it performed 鈥渟trongly鈥 in the third quarter with record quarterly Pilbara iron ore production and increased thermal coal production compared to the same period last year. 鈥淥ur business is resilient and our operations are performing strongly鈥, said CEO Tom Albanese.