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Rio Tinto (RTP) and China Send Iron Ore Prices Up 96% in One Week

Started by tfn · 1 year ago

“Anyone who thinks China’s insatiable hunger for metals is going to subside any time soon need think again. On Monday it was announced that Chinese steelmakers have agreed to a new contract with Rio Tinto (RTP:NYSE) for the price of iron ore, which saw a 96.5% rise on last year.” — Dominic [...] ... Continue reading »

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