Rio Tinto (LSE:RIO) (GB:RIO) has released an update.
Rio Tinto reports stable Q1 operating results with unchanged full-year guidance across all products, despite the tragic loss of six lives in a plane crash. The company is focusing on growth in energy-transition materials and has made significant progress in decarbonizing operations, including power purchase agreements and a pilot electric smelting furnace in Australia. Key production increases were seen in bauxite, aluminum, and mined copper, while titanium dioxide slag production decreased compared to the previous year.
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