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Rio’s revised iron ore guidance pushes price to three-month high

Cecilia Jamasmie | July 18, 2017 | 7:52 am Energy Top Companies Asia Australia China Latin America Coal Iron Ore 

Prices for iron ore skyrocketed Tuesday as Rio Tinto (ASX,LON:RIO), the world’s second largest exporter, warned Tuesday that shipments from Australia were expected at about 330 million tonnes in 2017. That’s down from its April forecast of 330 million-to-340 million...

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