Iron ore price settlement (3)
Rio Tinto PLC
19 January 2004
Iron ore price settlement (3)
Rio Tinto's 100 per cent owned Hamersley Iron today reached agreement with
Shanghai Baosteel Group Corporation on prices for Hamersley Iron ore deliveries
for the contract year commencing 1 April 2004.
The prices for Hamersley ores for 2004, in US cents per dry metric ton unit will
be as follows:
FY04 % change
Lump ore 45.93 +18.62%
Fine ore 35.99 +18.62%
Yandi ore 33.83 +18.62%
For further information, please contact:
LONDON AUSTRALIA
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Office: +44 (0) 20 7753 2305 Office: +61 (0) 3 9283 3620
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Peter Cunningham Dave Skinner
Office: +44 (0) 20 7753 2401 Office: +61 (0) 3 9283 3628
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Richard Brimelow Daphne Morros
Office: +44 (0) 20 7753 2326 Office: +61 (0) 3 9283 3639
Mobile: +44 (0) 7753 783 825 Mobile: +61 (0) 408 360 764
Website: www.riotinto.com
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