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Share Name | Share Symbol | Market | Type |
---|---|---|---|
Rio Tinto Limited | ASX:RIO | Australian Stock Exchange | Ordinary Share |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
0.02 | 0.02% | 129.49 | 129.00 | 129.90 | 129.87 | 128.55 | 129.40 | 1,631,814 | 09:50:00 |
By Rhiannon Hoyle
SYDNEY--Rio Tinto PLC (RIO.LN) has declared force majeure on some iron-ore contracts after a fire at its Australian port facilities last week.
The mining company, one of the world's top exporters of steel ingredient iron ore, said a fire broke out at the Cape Lambert port in Western Australia state on Jan. 10, causing damage to a section of the plant that separates its Robe Valley lump and fine products.
"Rio Tinto is assessing the full impact of the damage and will do all it can to try and minimize disruption to our customers," the company said in an emailed statement. It said shipments of other iron-ore products aren't affected.
Write to Rhiannon Hoyle at rhiannon.hoyle@wsj.com
(END) Dow Jones Newswires
January 13, 2019 21:58 ET (02:58 GMT)
Copyright (c) 2019 Dow Jones & Company, Inc.
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