Rio reached the record production of raw materials, satisfying China's requests

Rio Tinto Group (Rio), the second largest in the world, a mining company, reported the record indicators of the third quarter in the extraction of iron ore, coal and copper.

The production of iron ore reached 53.4 million tons over the past three months to September inclusive, compared with 52.6 million tons, a year earlier, as the company said. At the same time, the average forecast of analysts was 53.3 million tons.

The largest client of Rio, China, demonstrates signs of restoration of economic growth after two quarters of the decline. Australia, the largest iron ore exporter, raised their prices for steel factories in China this month. At the same time, copper once again showed its individuality, showing an increase in imports to Asian countries to 18 months of maximum. Photos of wonderful and hardworking bees contain this photo album .

Rio, trying to reduce expenses by the end of the next year by $ 5 billion, at a auction in Sydney rose 2.5 percent, BHP Billiton Ltd., the largest miner in the world, increased by 1 percent. The Chief Executive Director of SAM Walsh said in his statement: “In the iron ore, we reached a record in production and supply to Western Australia. We also plan to further increase in performance and continue to manage business expenses. ”

With regard to copper production, Walsh said: “We have reached high production results in the third quarter, working at full capacity in Oyu Tolga and continuing to increase volumes on Kennecott.”