Walsh not bullish on iron ore's rise

RIO Tinto chief executive Sam Walsh does not expect the iron ore spot price hike to continue, but says that will not stop the miner from reaching its expansion goals.

Walsh not bullish on iron ore's rise Walsh not bullish on iron ore's rise Walsh not bullish on iron ore's rise Walsh not bullish on iron ore's rise Walsh not bullish on iron ore's rise

In an interview with The Australian, Walsh said the recent recovery in the price of iron ore was due to a range of short-term factors, such as steel mills being restocked.

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