Rio Tinto to hike iron ore production in Australia | Bangkok Post: news

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Rio Tinto to hike iron ore production in Australia

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Anglo-Australian mining giant Rio Tinto on Tuesday lifted the planned capacity for its iron ore operations in a remote region of Australia, as it announced record production in 2012. 

Undated photo released on September 4, 2009 by Rio Tinto shows a reclaimer loading a conveyor with high grade iron ore in the Yandicoogina stockyard in Western Australia's Pilbara region. Anglo-Australian mining giant Rio Tinto on Tuesday lifted the planned capacity for its iron ore operations in a remote region of Australia, as it announced record production in 2012.

As commodity prices have rebounded from steep falls in 2012, driven by renewed Chinese demand, Rio said it aimed to expand output in the resource-rich Pilbara region to 360 million tonnes per year by mid-2015.

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