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Rio Tinto breaks the piggy: $4.2 billion investment to boost its iron ore business

Cecilia Jamasmie | June 20, 2012 | 2:00 pm Top Companies Africa Australia Europe Iron Ore 

Giant miner Rio Tinto (LON:RIO) continues to build its reputation as the most bullish of the major mining companies after it announced today it will spend $4.2 billion on top-tier iron ore projects. Rio, the world’s second-largest exporter of iron...

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