0925 GMT - Rio Tinto's 1Q copper production was 6% above consensus expectations due to higher grades at its Escondida mine, while bauxite production was 5% above due to a strong performance in Guinea, Barclays analysts write. Overall, the miner delivered a soft quarter as Australian shipments of iron ore were weak due to losses sustained from four cyclones, they write. Its London-listed shares trade down 1.2% at 4,299 pence. (adam.whittaker@wsj.com)
(END) Dow Jones Newswires
April 16, 2025 05:25 ET (09:25 GMT)
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