J-S warming to iron ore

RIO Tinto boss Jean-Sebastien Jacques doesn’t have the same sort of enthusiasm for iron ore as his predecessor Sam Walsh, but he maintains a cautiously optimistic outlook for the company’s most important commodity.

J-S warming to iron ore J-S warming to iron ore J-S warming to iron ore J-S warming to iron ore J-S warming to iron ore

Rio’s average realised iron ore price for 2016 was $US53.60 per tonne, up 6% on 2015, which Jacques admitted was better than expected.