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Market uncertainty to continue in near term, Rio Tinto says

February 09, 2012 - 07:42 GMT Location: Shanghai

KEYWORDS: Rio Tinto , Pilbara , Tom Albanese , Rio Tinto Alcan

Rio Tinto gave a cautious outlook for its commodities, citing challenges from uncertain financial markets and “elevated” price volatility.

The group posted core earnings (ebitda) last year of $28.52 billion, up 10% thanks to higher average prices for the year as a whole. But many of the challenges which emerged in the second half of last year remain in 2012, chairman Jan du Plessis said. “We anticipate that uncertainty in the financial...

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