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Rio meets production targets

Major diversified mining house Rio Tinto (LN:RIO) has delivered a reasonably good set of production results for the December quarter to close out a reasonably strong operational year across the group, though investors may be slightly concerned by the performance and outlook for key business unit, copper.

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Rio's Kennecott subsidiary contributed to the softer copper numbers for 2016

Copper production fell short of full-year production guidance of 535,000-565,000 tonnes, at 523,000t.