NewsBite

Rio, Vale output soars as big miners grow share

Peter Ker
Peter KerResources reporter
Updated

Subscribe to gift this article

Gift 5 articles to anyone you choose each month when you subscribe.

Subscribe now

Already a subscriber?

The world's biggest iron ore miner has flagged plans to grow production by 18 per cent over the next six months, continuing a year of strong supply and market share growth at the big end of the sector.

Brazilian miner Vale's vow to build on its record output over the past six months came as Rio Tinto vowed to achieve the higher end of its target range for iron ore exports in 2018, and as BHP prepares to report on Wednesday what many believe will be its strongest-ever quarterly iron ore export statistics.

Loading...
Peter Ker covers resource companies for The Australian Financial Review, based in Melbourne. Connect with Peter on Twitter. Email Peter at pker@afr.com

Subscribe to gift this article

Gift 5 articles to anyone you choose each month when you subscribe.

Subscribe now

Already a subscriber?

Read More

Latest In Mining

Fetching latest articles

Most Viewed In Companies

    Original URL: https://www.afr.com/companies/mining/rio-vale-output-soars-as-big-miners-grow-share-20180717-h12sed