PDF Iron Ore Seminar Rio Tinto
• The world will need 3 billion tonnes of iron ore by 2030, that is a growth rate of 2% • New supply will be required • Over 50% of the additional supply will be delivered through the seaborne market Continued global iron ore demand . Moderate growth in iron ore demand. Total iron ore demand (million tonnes) Source: Rio Tinto . % . CAGR. 9