Australia widens lead over Brazil in iron ore output

Australia is widening a lead over Brazil as a world’s largest iron ore exporter, with Australia’s 3 largest iron ore miners holding a roughly 79 per cent lead over Brazilian opposition Vale, according to The Australian Financial Review.

Rio Tinto, BHP Billiton and Fortescue Metals Group are all approaching to post prolongation annals for 2013. On Wednesday, BHP reported clever quarterly prolongation reports from a Pilbara with a record 46.3 million tonne outcome for a 3 months to December. Fortescue is approaching to post record prolongation on Thursday, and final week Rio posted clever prolongation figures.

Australia overtook Brazil as a world’s largest iron ore exporter in 2008 when a total prolongation of Australia’s tip 3 iron ore miners was 316 million tonnes. For 2013, a 3 miners are on

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Source:
http://www.news.ezonearticle.com/2013/01/23/australia-widens-lead-over-brazil-in-iron-ore-output/