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Economics

Rio Tinto CEO Says Iron Ore's 55% Rally About to Fizzle Out

  • Second-biggest miner expects volatile and softening prices
  • CEO Sam Walsh cites new production coming on later in 2016
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Iron ore’s rally from a record low isn’t sustainable as output is set to increase, according to Rio Tinto Group, the second-biggest exporter.

QuickTake Iron Ore Wars

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