Rio’s Fourth-Quarter Iron Ore Output Climbs to a Record

Bloomberg.com reports that Rio Tinto ‘s (NYSE:RIO) Iron production has reached record heights.

The story is quoted as saying:

Production climbed to 50.1 million metric tons in the three months from 47.2 million tons in the same period a year earlier, according to a statement today from London-based Rio, the second-biggest exporter of the commodity. The figure beat a UBS AG estimate of 46.1 million tons

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