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Rio Tinto sale in China expected to increase 42.8%

Wednesday, Feb 20, 2008
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Rio Tinto Beijing representative said on Tuesday they are expected to sale $5.8B in China, take about 18% of Rio Tinto’s total sale volume. Annual increase rate may reach 42.8%. Its sale in 2006 in China is $4.062b, takes up 15% of Rio Tinto’s total sale. He also said that this increase mainly comes from copper, iron ore aluminum and resource business. Rio Tinto China Chief economist Michael Han said: “China market has strong increasing space and has little influence of western market.”

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