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Rio reports soft June quarter

Rio Tinto has reported a soft quarter of iron ore production and lifted its unit cost guidance, but analysts believe strong commodity prices will still underpin a solid set of financials.

Rio reports soft June quarter Rio reports soft June quarter Rio reports soft June quarter Rio reports soft June quarter Rio reports soft June quarter

Issues with people movement is impacting Rio's projects, including Gudai-Darri (pictured)

Pilbara iron ore shipments were 76.3 million tonnes, down 2% over the previous quarter and down 12% year-on-year.