Rio Tinto and China State Buyer Agree Deal on Iron Ore Supplies

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AI Summary

Rio Tinto and a Chinese state-backed iron ore buyer have agreed to a multiyear supply deal. The agreement adds to Rio Tinto’s contracts with other leading global producers and buyers.

China’s state-backed iron ore buyer and Rio Tinto Group have reached a multiyear agreement on supplies of the steel-making staple, adding to deals that the group has struck with leading global producers.

World Markets Deals Commodities Rio Tinto iron ore China supply agreement commodities steelmaking

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