Commentsfrom Rio on ABC Business last night mentioned that:
*Demand for I/Oand steel will continue to increase in the world. With more development.*PilbaraI/O
willcontinue to be in demand.
*It’snormal for the demand of I/O to slow after the initial boom and recycling kicks in.
* AS China’sdemand slows Rio is looking at India.
* AS Specmentioned above. Simandou is expected to supply only 5% of the world demand. Of I?O.
Good luckand enjoy the ride.
Ann: Results of Retail Entitlement Offer, page-8
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