You are here

Rio stands against output cuts despite falling prices

World's second-largest iron ore producer to keep defending market share


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...

BT is now on Telegram!

For daily updates on weekdays and specially selected content for the weekend. Subscribe to