Rio Tinto CEO: On Track For 240M Tons Of Iron Ore Output In '11

Rio Tinto CEO: On Track For 240M Tons Of Iron Ore Output In 11
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Τρι, 20 Σεπτεμβρίου 2011 - 18:07
Anglo-Australian mining titan Rio Tinto PLC (RIO) is on track to produce about 240 million metric tons of iron ore this year, the company's chief executive said Tuesday.
Anglo-Australian mining titan Rio Tinto PLC (RIO) is on track to produce about 240 million metric tons of iron ore this year, the company's chief executive said Tuesday.

Tom Albanese told analysts during the company's investor day conference that "we are on track" to produce 240 million tons of iron ore this year. "We are selling as much as we can produce at pretty much" prices that are set for the remainder of the year, he said.

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