The world's biggest iron ore miners continue to underwhelm the market in terms of supply, with Rio Tinto's decision to revise down its export target expected to be matched by Brazilian miner Vale on Friday.
Six months after Rio announced its 2017 iron ore exports would not meet long-held expectations, the miner conceded that output in 2016 could also fall short.
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Tess Ingram was a journalist with WAtoday. Before that, she was a reporter in The Australian Financial Review’s Perth bureau, covering business, economics and politics. Connect with Tess on Twitter.
Peter Ker covers resource companies for The Australian Financial Review, based in Melbourne. Connect with Peter on Twitter. Email Peter at pker@afr.com
