Cyrrus (Cyrrus)
World markets  |  October 16, 2012 09:37:55

Rio Tinto rose in 3Q production by 5.6% to 52.6 million tonnes

Rio Tinto today announced that third-quarter mined 52.6 million tons, 5.6% more than in the same period a year ago. The number is better than expected, probably thanks to restoring supplies Chinese customers. Moreover, the company confirms its objective of this year's production of 250 million tonnes, although the Chinese market in the words of management remains very volatile. For Rio Tinto's iron ore, a key raw material in the Chinese market and a key region, announced on numbers we see in this context slightly positive. BHP Billiton, Rio and Vale after the third largest producer of iron ore in the world, will report on the extraction of numbers tomorrow.

Marek Hatlapatka
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Rio Tinto zvedla ve 3Q těžbu o 5,6% na 52,6 mil. tun

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