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Hello,


First post here.


I am currently reading RIO annual report, and puzzled by not finding what is the FE % contents of Iron Ore.


Take a look at production report here:

http://www.riotinto.com/annualreport2011/production_reserves_and_operations/index.html


From the report:

"Mine production figures for metals refer to the total quantity of metal produced in concentrates, leach liquor or doré bullion irrespective of whether these products are then refined onsite, except for the data for bauxite and iron ore which represent production of marketable quantities of ore."


Any ideas what they actually mean?


Many thanks,

Humble Investor


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