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CORRECTED - CORRECTED-Rio Tinto cuts Weipa bauxite output 23 pct

Mon Apr 6, 2009 9:47pm EDT

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(Corrects percentage to 23 pct from 30)

SYDNEY, April 7 (Reuters) - Miner Rio Tinto (RIO.L) RIO.AX> is cutting bauxite production at its Weipa in northeastern Australia by nearly 23 percent in response to falling demand as the global economy slows.

Rio Tinto said in a statement on Tuesday it would cut output at Weipa to 15 million tonnes in 2009 from 19.4 million tonnes in 2008, costing about 100 permanent jobs. The Anglo-Australian miner said it would also slow the expansion of the Yarwun alumina refinery at Gladstone in Queensland state with the expansion now expected to be completed in the second half of 2012.



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