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Rio Tinto axes spending forecast by $1.5 billion

Cecilia Jamasmie | December 08, 2015 | 4:45 am Top Companies Australia China Europe Latin America Iron Ore 

[caption id="attachment_840355" align="aligncenter" width="600"] Rio, which is Australia's biggest iron ore exporter, has been a massive driver of expansions, adding millions of tonnes of seaborne supply to the market in the last year.[/caption] Rio Tinto (LON:RIO) announced Tuesday fresh cuts...

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