Rio Tinto's iron ore shipments rose 1.5 per cent in the second quarter due to strong Chinese demand.
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Last Update: 2020-07-27
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Source: Internet
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Author: User
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Rio Tinto, the mining giant, reported on Friday that shipments rose 1.5 per cent year-on-year in the second quarter, supported by strong Chinese demand for iron oreshipments of 86.7m tonnes of iron ore from the quarter ended June 30, compared with 85.4m tonnes a year earlieraverage estimates for UBS and Bernstein were 88.1m tonnesRio Tinto said it was on track to meet its target for iron ore shipments in the 2020 financial year.
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