Original article by Amanda Saunders
The Australian Financial Review – Page: 13 & 18 : 10-Oct-14

Rio Tinto plans to ramp up its iron ore output from around 295 million tonnes per year to 360 million tonnes, despite the recent sharp decline in the price of the steel input. Andrew Harding, the head of Rio’s iron ore division, says the iron ore price would rally in the short-term if his company shelved its expansion strategy. However, he argues that some 32 iron ore projects worldwide would go ahead in the wake of such a decision by Rio, which would ultimately affect the long-term price of iron ore

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