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Rio Tinto's level one project will push up its profits and costs are expected to fall

iconOct 10, 2018 14:19
Source:SMM

SMM10 10 / 10 News: Rio Tinto analyst Paul Young said in a report that potential production and sales of first-tier projects are expected to drive growth in profit margins and that costs for bauxite and aluminium should fall over the next two years, Bloomberg reported.

Unit costs for bauxite and aluminium are expected to reverse and corporate costs are expected to fall in 2019 and 2020.

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