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Rio, BHP Drive Iron Ore Mines Harder in September Quarter
Oct. 12, 2011 01:49PM PST
Base Metals Investing Reuters reported Rio Tinto (ASX:RIO,LSE:RIO) and BHP Billiton (ASX:BHP,LSE:BLT) had record quarterly iron ore shipments.
Reuters reported Rio Tinto (ASX:RIO,LSE:RIO) and BHP Billiton (ASX:BHP,LSE:BLT) had record quarterly iron ore shipments.
As quoted in the market news,
Analysts expect both companies to report higher year-on- year and quarter-on-quarter figures for the three months ended September 30, underscoring the major expansion work underway at their mines in Australia’s Pilbara iron range.
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