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Rio touts iron ore "flexibility" after record quarter

Rio Tinto (LN:RIO) has recorded strong production numbers in the December quarter but faces headwinds from the iron ore market and a battle with the Mongolian government over Oyu Tolgoi.

Rio touts iron ore "flexibility" after record quarter Rio touts iron ore "flexibility" after record quarter Rio touts iron ore "flexibility" after record quarter Rio touts iron ore "flexibility" after record quarter Rio touts iron ore "flexibility" after record quarter

A quarter to hang your hat on for Rio

Iron ore shipments on a 100% basis were 90 million tonnes, up 5% quarter-on-quarter and up 3% year-on-year, and beating Deutsche Bank's forecast of 89Mt.

The company achieved full-year g...