
British-Australian Rio Tinto, the second largest mining company in the world, grew its iron ore export by 17 percent in 2014 compared to the year before, according to new numbers released by the company. Rio Tinto shipped a total of 302.6 million tons iron ore last year.
This development was boosted significantly by a strong 4th quarter in which Rio Tinto exported 82.2 million tons iron ore, a 13 percent improvement over the same period 2013. Rio Tinto CEO Sam Walsh has the following comment on the result:
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