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Rio stands against output cuts despite falling prices

World's second-largest iron ore producer to keep defending market share
Friday, November 6, 2015 - 05:50

Melbourne

RIO Tinto Group, the world's second-largest iron ore producer, said it will keep defending market share and insisted it's wrong to believe cuts to output would lift waning prices, which are headed for a third annual decline.

"If you think for one second that you can just