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Rio secures iron ore deal with Hyundai Steel

A COUPLE of days after BHP Billiton locked up an iron ore deal with Baosteel, its takeover target Rio Tinto has agreed to supply more than 40 million tonnes of Pilbara black gold to Korea's Hyundai Steel.

Rebecca Lawson
Rio secures iron ore deal with Hyundai Steel

Rio and its joint venture partners have secured long-term iron ore contracts with Korea's second largest steelmaker, cementing a further 11 years to an already prosperous and long association with the...

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