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Rio's Iron Ore Output Recovers As Prices Top $100

Rio's Iron Ore Output Recovers As Prices Top $100

Bloomberg5 days ago
Good morning everyone, Ben Westcott here in a brisk Melbourne, here's what's making news today.
Today's must-reads:
• Rio Tinto's iron ore shipments recover
• Australia's online payment boom sparks cash crisis
• Trump says he won't fire Federal Reserve chair
Rio Tinto's second-quarter iron ore shipments largely recovered from cyclone impacts earlier in the year, jumping 13% from the first quarter. It comes as the iron ore price topped $100 a ton for the first time since May, as sentiment improved around Chinese economic growth.
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