Rio Tinto has signed a contract with Dalian Port Co. Ltd to jointly develop the first bonded area operations to blend iron ore fines in Dalian Port. This agreement also allows Rio Tinto to use the Chinese port as a transhipment hub that could help better serve steel mills in Northern China, the company said yesterday. Rio Tinto Pilbara iron ore shipment guidance is at 324-334 mn t for 2020.

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