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Rio Tinto ramps up iron ore production as the commodity value declines

The iron ore mining company has increased its production of the steel making raw material by 13 percent, in the month of December, when compared with the same period in the year 2013, the company also shipped away 17 percent more amount ...

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Headland Sees Growing Iron Ore Shipments Leaving Despite Falling Prices

Even as the price of iron ore is declining down fast, the shipments of iron ore are leaving the Port of Headland faster. According to the data stored by the Pilbara, 35.4 million tonnes of iron ore was shipped from Port Headland, ...

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BHP will not dethrone it as cheapest iron ore supplier

Rio Tinto expects to remain the lowest-cost iron ore supplier to China and therefore to be least affected by a slump in prices of the material, a senior executive said, dismissing rival BHP Billiton’s threat to displace it in the ranking. Iron ...

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Rio Tinto, BHP, Anglo America expand iron ore production

According to the statement released by the company, the production ofiron ore in the third quarter id noted to be 13 million tonnes, which is about a 37 percent increase when compared to the production of the third quarter in the ...

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BHP Biliton, Rio Tinto iron ore expansion wins support

On Wednesday, Argus to the media, acted as guarantor of both BHP Biliton as well as to Rio Tinto, supporting their actions regarding aggressive expansion of mines and increasing the supply of iron ore in the market, which is now much higher ...

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Iron ore industry proceeds to squeeze out, as the price declines

Even as the Chinese demand in the market for iron ore ; a major cause for the decline iron ore price, has slowed down, the mining giants like, Vale, Rio Tinto and BHP plans to expand and increase the production rate despite ...

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Big miners struggle to tame China with iron ore glut

Plans by the world’s top iron ore miners to knock out high-cost rivals with a flood of cheap ore have had some success, but are meeting resistance where they had hoped to make the biggest inroads – in China.   A large ...

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BHP, Rio Tinto to create record iron ore output

The main reason behind this decline could be due to the sudden decline in the demand of China for steel. The largest and number  one exporter of iron ore is highly dependent towards the surplus demand from China.   The iron ore ...

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Dalian iron ore edges up as China port stockpiles down third week

Chinese iron ore futures ticked higher on Monday as stockpiles at the country’s ports dropped for a third straight week, reflecting firm demand as buyers sought cheaper cargoes.   Stockpiles of imported iron ore at China’s ports fell by 900,000 ...

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Rio Tinto says: Iron Ore Output Increased11% by Australia Expansion

The world’s second largest mining company Rio Tinto Group said that its Q2 iron ore production surged by 11 pct followed by the expansion of operations in the Pilbara region, Western Australia. The company said that the output was about ...

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