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Miner Rio Tinto's cuts mined copper forecast, misses estimates for iron ore shipments

Nasdaq - Adds details on copper forecast, CEO statement, background on coronavirus, iron ore production

April 17 (Reuters) - Rio Tinto Ltd RIO.AX on Friday cut full-year forecast for copper production due to coronavirus-related disruptions and missed estimates for quarterly iron ore shipments.

The company said it expects a drop in second-half copper output due to coronavirus-related restrictions at its Escondida copper mine in Chile, and ongoing repair work at its Kennecott operations in the United States following damages from an earthquake.

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