Original article by Matt Chambers
The Australian – Page: 18 : 20-Jan-16
Rio Tinto expects to produce 350 million tonnes of iron ore in Western Australia and Canada in 2016, which is slightly below market forecasts of 355 million tonnes. Total production was 327 million tonnes in 2015, with the Pilbara region accounting for 310 million tonnes. However, Rio had initially flagged Pilbara output of 330 million tonnes. The latest guidance suggests that Rio Tinto may not achieve its Pilbara production target of 335 million tonnes in 2016.
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RIO TINTO LIMITED – ASX RIO, MACQUARIE GROUP LIMITED – ASX MQG, UBS HOLDINGS PTY LTD, BHP BILLITON LIMITED – ASX BHP, FORTESCUE METALS GROUP LIMITED – ASX FMG, CITIGROUP PTY LTD, IRON ORE COMPANY OF CANADA, DEUTSCHE BANK AG