Rio Tinto to develop bonded area operations for blending iron ore at Dalian port
Dalian port has blended over 46 million tonnes of iron ore within its bonded area since 2016 when it first started the operation, the most among Chinese ports.
Rio Tinto swung into a huge loss after writing down the value of its gigantic West Africa iron ore project, but that doesn't mean it's being abandoned.
The move could have driven away investors at a time of historically low commodity prices and energy shortages that are driving down output in the country.