Rio gambles on the long run
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by Chris Becker
You’ve got to give Rio Tinto the gong for chutzpah, with reports this morning that in the middle of a price crash and a burgeoning supply glut, its looking to add to supply by opening a new iron ore site in the Pilbara. After its magnificent efforts in destroying the MRRT alongside its foreign owned allies like BHP, I’m sure they must make the urinals at their Perth offices low to the ground.
From The Australian:
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