Rio Declares Force Majeure for Aluminum Smelter

Bloomberg.com reports that Rio Tinto (NYSE:RIO) has declared Force Majeure because of extensive flooding in Australia.

The story is quoted as saying:

The floods have cut road and rail access between Gladstone and Brisbane and the Brisbane port is closed, preventing deliveries to some domestic and international customers,” Rio said in a statement to the Australian stock exchange today

To access the full story, click here.

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