METAL DETECTIVE

The end of an iron ore era?

RIO Tinto has celebrated the opening of its 290 expansion project at Cape Lambert – but the <i>Metal Detective</i> isn’t expecting too many more ribbon-cutting events as the seaborne iron ore market reaches a tipping point. <i><b>The Metal Detective</i> By Stephen Bell</b>

Stephen Bell

It’s big, bold and cost $US11.6 billion. But the Cape Lambert iron ore expansion, which has increased Rio Tinto’s Pilbara capacity from 230 million tonnes per annum to 290Mtpa, surely represents the...

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