Extreme weather conditions have hurt Rio Tinto's iron ore production in Western Australia, and driven prices to their highest level in years.Closure of Brazilian mines and natural disasters in Australia pushed iron ore prices above $US94/tonneIn its latest production report, the mining giant said iron ore output from its Pilbara mines fell 9 per cent in the first quarter of this year.last month in North-west WA and also affected BHP's operations.
"Our iron ore business faced several challenges at the start of this year, particularly from tropical cyclones," he said. The impact of cyclones on Australia's iron ore miners has added to a shortfall in the iron ore market after a waste dam burst at a Vale mine in Brazil, in January, killing more than 200 people.
Families laid off. It's not about too into idiots, it's about the families, schools and local shops...to ABC it's always about multinationals and dirty mining....sad