World's Top Two Iron Ore Miners Raise Output Even as China Slows.

VALE SA ; RIO Tinto PLC RTP

The world's top two iron ore miners, Rio Tinto Group and Vale SA, increased their output of iron ore in the last quarter, despite challenges in demand from China due to the unresolved property crisis. China's economic recovery has been uneven, prompting more government support to sustain growth, with a shift towards advanced manufacturing and power infrastructure driving future commodity demand. Rio and Vale are expanding their production capacities, with Rio focusing on iron ore and copper projects, while also diversifying into other commodities like lithium. [Extracted from the article]

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