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Reuters: Rio Tinto eyes more spot market iron ore sales

Started by chris, March 12, 2008, 07:01:02 AM

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chris

Rio Tinto eyes more spot market iron ore sales
      


SYDNEY, March 12 Reuters) - World No. 2 iron ore miner Rio
Tinto Ltd/Plc said on Wednesday it may sell more ore in spot
markets, where returns still exceed long-term contract prices
despite a big rise in the price some steel mills are preparing
to pay.
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