Photographer: Charles Pertwee/Bloomberg

Iron Ore Billionaire Lends Weight to Call for Supply Inquiry

  • Forrest sees `aggressive attempt' to eliminate competition
  • Rio says no substance to claims and market operates freely

The billionaire chairman of the world’s fourth-largest iron ore producer Andrew Forrest lent his weight to a fresh call for an inquiry into the export of iron ore from Australia, arguing oversupply is hurting competition.

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