Financial Times FT.com

Rio Tinto puts stress on records

By Toby Shelley

Published: July 17 2008 03:00 | Last updated: July 17 2008 03:00

Rio Tinto has more than doubled its first-half exploration and evaluation work to $401m (£200m) compared with last year.

In its quarterly review of operations, the Anglo-Australian miner also emphasised a clutch of production records and reminded the market of a string of disposals as it attempts to demonstrate its vitality to help ward off a proposed $170bn takeover bid from rival BHP Billiton

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