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Rio, BHP iron-ore output to drop

South China Morning Post | April 12, 2012 | 9:59 pm Top Companies Australia Europe Iron Ore

Rio Tinto and BHP Billiton are set to report lower-than-expected iron-ore output for the March quarter after heavy rain and cyclones disrupted operations in Australia. The losses could be as high as 4 million tonnes of ore, representing 4 per cent of…