Rio Tinto lifts iron ore production forecasts
Global miner Rio Tinto Ltd has lifted its 2009 iron ore production forecasts by up to 7.5 per cent, and said early signs of a recovery in key markets are emerging.
Rio Tinto will speed up its $14.8 billion iron ore expansion project in Australia by six months, joining other miners in hurrying production to fill a supply gap for the steel-making commodity.