Tag: Rio Tinto Production
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Rio Tinto & BHP Billiton Trims Iron Ore Production Guidance
BHP Billiton cuts production guidance by 10 MnT BHP Billiton, the third largest iron ore producer has lowered its production guidance for the second time in this financial year. The miner expects to produce around 260 MnT in FY16 from 270 MnT previously estimated. This cut in production is because of bad weather, logistical issues…