News Wrap

IN THIS morning’s News Wrap: Rio Tinto follows Fortescue with big iron ore price cuts; and Marius Kloppers’ legacy exposes miners to price swings.

Rio Tinto follows Fortescue with big iron ore price cuts

Rio Tinto has been forced to heavily discount its low-grade iron ore just days after Fortescue Metals Group did the same, amid surging supply

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