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More on Rio Tinto (RIO): Greg Lilleyman, president of its Pilbara iron ore operations, sees...
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Tuesday, March 19, 8:53 AM ETMore on Rio Tinto (RIO): Greg Lilleyman, president of its Pilbara iron ore operations, sees weaker iron ore prices in H2 due to signs of a slowdown in Chinese steel demand growth and higher exports in Australia. Several projects will bring more supply on the market; RIO itself aims to reach an annual production rate of 290M tons of iron ore at Pilbara by September. Shares -3.1% premarket. (earlier)
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