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Rio Tinto lowers production guidance as the tight labour market in Western Australia bites

Rio Tinto lowers production guidance as the tight labour market in Western Australia bites

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Rio Tinto PLC (LSE:RIO) has lowered full-year production guidance after running into difficulties at its massive Pilbara operations in Australia. The FTSE 100 mining giant now expects Pilbara shipments will be between 320mln and 325mln tonnes this year; previously, the company had given a guidance range of 325-340mln tonnes.

...read full article on Proactive Investors

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