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Rio Tinto to Slash $5Bn from Mine Costs

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Byline: Ayesha de Kretser Nov 29, 2012 (The Australian Financial Review - ABIX via COMTEX) -- Rio Tinto plans to reduce costs at its mining operations by $A5 billion. Rio CEO Tom Albanese said that productivity would have to improve at the company's coalmines in New South Wales and Queensland. CFO ... (Publication: Australasian Business Intelligence)

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