19 hrs ago
Rio Tinto Sees Iron Ore Volatility on China Credit Squeeze
Rio Tinto Group , the world's second-biggest iron ore shipper, said short-term price fluctuations will continue after a credit squeeze in China and high stockpiles plunged the commodity into a bear market .
Rio Tinto Second-Half Profit Gains 43% as Iron Ore Rises
Rio Tinto Group , the world's second-largest mining company, reported a 43 percent gain in second-half profit as prices for iron ore advanced and it cut costs.