Anglo-Australian miner Rio Tinto posted Friday a 17 percent rise in third-quarter iron ore shipments, selling more of the raw material than they were able produce, a result that some investors are taking as a sign that conditions for the commodity market might be looking up.
The group said it was on track to hit its full-year target of 340 million tons, upping output by some 12 percent despite the fears of slowing Chinese growth that have dogged markets and commodity prices all summer...............................................Full Article: Source
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