I see via a link to an AFR article on the FMG thread 'Fortescue the new Atlas' that Vale's 65% ore is attracting a premium over RIO and BHP's 63% and that RIO has no plans to increase the percentage of its product. This seems a bit of a worry to me and I wonder if RIO could feasibly increase the percentage if it became desirable, or are they doomed to supply a second tier product?
Rio the next Fortescue?
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$110.09 |
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1.690(1.56%) |
Mkt cap ! $40.86B | |||
| Open | High | Low | Value | Volume |
| $110.42 | $111.63 | $109.38 | $294.4M | 2.619M |
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| No. | Vol. | Price($) |
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