Rio, BHP Drive Iron Ore Mines Harder in September Quarter

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.

Click here to read the full Reuters report.