Tag: Chinese Iron Ore Prices

Unseasoned cyclones at Western Australia hit Pilbara operations by 7 MnT. Rio Tinto, world’s second largest iron ore miner and exporter has decided to cut its production by 10 MnT for the second half of 2015. In the beginning of 2015, the company forecasted production of 350 MnT iron ore, but now expects to ship…