China iron ore soars as Rio Tinto cuts shipments forecast
Mining giant Rio Tinto on Thursday lowered its guidance on volumes of iron ore it expects to ship from the key Pilbara producing region in Australia for the third time since April.
Iron ore and coking coal prices hover at 6-month lows on Wednesday as Chinese steel prices approach record lows and forecasts for output growth are slashed.
Article published last year by a French newspaper, which said the magnate and his company had been part of a coup effort against Guinea’s current President, was based on fake documents.