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Rio Tinto chief: one more year of $120-plus iron ore - then it's over

Frik Els | December 04, 2011 | 9:20 am Top Companies Australia China Europe Iron Ore 

Reuters reports Rio Tinto chief executive Tom Albanese said an "aggressive" stance by unions, high labour costs and a potential downturn in world prices threaten plans for vast expansion of its key Australia iron ore operations. Albanese said "assumptions that...

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