Rio Tinto cuts iron ore in 2016

Australian miner Rio Tinto will slow down its production growth of iron ore in 2016 due to lower prices and oversupply on the market. Iron ore grew 11 percent in 2015.

Iron ore mine from competitor BHP Billiton.

BY RITZAU FINANS

Australian mining group Rio Tinto will trim the top off of the increased production in 2016 of iron ore due to reduced prices and oversupply on the market.

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Rio Tinto cuts iron ore in 2016

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India's coal import in serious dive

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Front page now

Jan Rindbo warns against tunnel vision: "The honest answer is that none of us know what we'll be sailing on"

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Habben Jansen calls on energy majors to do more for the green transition

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Chief executive: Bolloré acquisition will transform Ceva's air cargo business

Jan Rindbo warns against tunnel vision: "The honest answer is that none of us know what we'll be sailing on"

Dubai challenges Singapore as shipping's favorite city

Hapag-Lloyd were in talks to acquire state-owned port company

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Carsten Mortensen wants to build green reefer ship for banana export

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