Bruce Sees `Strength' in Rio Tinto's Balance Sheet

Feb. 9, 2012 - Feb. 10 (Bloomberg) -- James Bruce, a fund manager at Perpetual Ltd., talks about Rio Tinto Group's financial results and business outlook. Rio swung to a second-half loss, its first in four years, after taking an $8.9 billion one-time charge on the value of its aluminum business. Bruce speaks from Sydney with Susan Li on Bloomberg Television's "First Up." (Source: Bloomberg) (/Bloomberg) Correction: Clarification:

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Business

Bruce Sees `Strength' in Rio Tinto's Balance Sheet