Revenues fall 23% in Rio Tinto’s minerals segment in 2015

By Myles McCormick
Published: Thursday, 11 February 2016

Sales dropped significantly last year as production of TiO2, borates and salt were reduced to meet weaker market demand.

Anglo-American miner Rio Tinto Plc saw revenues in its minerals segment fall by almost a quarter in 2015 as it scaled down production to align with weaker demand.

Gross sales revenue for the company’s diamonds and minerals group, which comprises industrial minerals titanium dioxide (TiO2), borates and salt (as well as diamonds...

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