Rio reports record production PDF Print E-mail

Source: Reuters                 Date: 20 October, 2010

Rio Tinto CEO Tom Albanese last week said in a production report that the group reported record production in iron ore, alumina and coking coal, driven by an insatiable appetite for commodities from Asian giants. Analysts said the report pointed to continuing growth.

"This production report points the way for Rio to show a very strong rebound in both production and profits in 2010 and the same for BHP," said a Sydney-based analyst. "Albanese and Kloppers (BHP's chief executive) are rightfully putting the pedal to the metal on everything," he said.

 

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