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Rio Tinto calms investors over weak iron ore prices

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Mr Walsh dismissed suggestions that the company wouldn't boost returns to investors when reporting profit in February.

Melbourne

RIO Tinto Group insists that tumbling iron ore prices won't halt the lowest-cost producer's plans to give money back to shareholders.

"We shouldn't panic when there's a blip in iron ore prices," Rio Chief executive Officer Sam Walsh told reporters on Wednesday in Sydney.

sentifi.com

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