Rio Tinto calls force majeure on some iron ore contracts after Australia fire

rio-tinto
Rio Tinto (RIO -0.4%) says it declared force majeure on some iron ore contracts after a fire at its Cape Lambert export terminal in Australia last week. To read the entire article,  CLICK HERE
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Australian property tycoon admits setting fire to his own factory

Welshpool, Australia - Hossean Pourzand has pleaded guilty to the arson of a Welshpool property which burned to the ground earlier this year, and an attempted $20 million insurance fraud stemming from the fire. Hossean Pourzand has pleaded guilty to the arson of a Welshpool property which burned to the ground earlier this year, and an attempted $20 million insurance fraud stemming from the fire. Hossean Pourzand has pleaded guilty to the arson of a Welshpool property which burned to the ground earlier this year, and an attempted $20 million insurance fraud stemming from the fire.   To read the entire article, CLICK HERE .
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