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Iron ore supply slump as Rio runs late on new mines – The Australian Financial Review
Rio Tinto says labour shortages, rain and aboriginal heritage considerations slowed iron ore output, delivery of new mines and…
Most analysts believe iron ore prices will start to decline soon as new supply enters the market in Australia, Brazil and other nations.
But Rio signalled that supply may not arrive as swiftly as expected, revealing that some of the new mines it is building…
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