Rio Tinto reported a 2% increase in iron ore sales

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Source: Marketwatch
Rio Tinto Ltd. announced that its sales of iron ore soared by 2% in Q1 on a yearly basis whereas copper output tumbled by 18% as red metal's grades are likely to be lower than expected. Meanwhile iron ore production surged by 10% attaining 59 million tons while alumina output increased by 13%. The production of coking coal gained 5% in Q1.


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