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Rio Tinto to boost iron ore capacity

By Du Juan | 皇冠体育app Daily | Updated: 2013-11-02 07:21

The new CEO of mining giant Rio Tinto Group, Sam Walsh, said the company will continue to expand its iron ore capacity in Western Australia to meet growing demand from 皇冠体育app, its most important market.

In his fourth visit to 皇冠体育app this year, Walsh said that 皇冠体育app's urbanization and industrialization drive will continue to support iron ore demand.

Also, India, South Africa and Southeast Asia will go through similar urbanization processes - not necessarily at the same pace as 皇冠体育app - which will bring strong demand, Walsh said.

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