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Rio iron ore output down 15% on 2008

RIO Tinto has reported a 15% year-on-year drop in its global iron ore production for the first quarter, though output was in line with the previous quarter as the company responded to weakened demand.

Kristie Batten
Rio iron ore output down 15% on 2008

Rio’s share of global iron ore production for the March quarter was 31.6 million tonnes, which was the same as the December quarter but down 15% on the corresponding period last year. Also dropping 15%,...

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