Rio Tinto's Mozambique coal business to make further losses in 2014

Anglo-Australian mining major Rio Tinto’s coking coal business in Mozambique is expected to make a loss in 2014 for the third consecutive year.

“We generated substantial losses in Mozambique in 2013,” chairman Jan du Plessis told shareholders at the miner’s 2014 annual general meeting in London. “We expect to generate losses again in...


Michelle Madsen

April 16, 2014

17:28 GMT