February 2012
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Location: Miami
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Work for Industrial Minerals
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11 February 2010
by Mark Watts
Annual earnings drop 9%, hit by lower sales for borates and talc
Keywords: Rio Tinto, RTM, talc, borates, TiO2
Rio Tinto Minerals (RTM), the industrial minerals business of Rio Tinto PLC, posted a 9% drop in net earnings for 2009 to $78m. due to a sharp drop in sales volumes.
The borates and talc producer’s sales fell 17% to $882m., with higher...
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