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| Share Name | Share Symbol | Market | Type |
|---|---|---|---|
| Rio Tinto Ltd | ASX:RIOCD | Australian Stock Exchange | Ordinary Share |
| Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
|---|---|---|---|---|---|---|---|---|---|---|
| 0.00 | 0.00% | 125.35 | 123.81 | 125.35 | 0.00 | 01:00:00 |
From May 2021 to May 2024
By Jaime Llinares Taboada
Rio Tinto Ltd. said Tuesday that it is resuming operations at its Richards Bay mineral-sands business in South Africa.
The mining company has commenced the process of restarting operations following a stabilization of the security situation around the mine, it said.
Operations will be ramping up to capacity as soon as possible, and the overall impact is still to be assessed. Rio Tinto said the force majeure declared on customer contracts remains in place.
Mining operations at Richards Bay, in which Rio Tinto has a 74% stake, were halted in June because of concerns about safety that followed the fatal shooting of a senior manager a month earlier.
Write to Jaime Llinares Taboada at jaime.llinares@wsj.com; @JaimeLlinaresT
(END) Dow Jones Newswires
August 24, 2021 05:27 ET (09:27 GMT)
Copyright (c) 2021 Dow Jones & Company, Inc.
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