“We see positive signs for iron ore demand coming out of the recent Chinese Plenum,” Rio Tinto’s Chief Executive Iron Ore Andrew Harding said in a recent article in Mining Australia. “Urbanisation will remain a priority and the recent trends in housing and infrastructure are likely to continue.”
Mr Harding will deliver a presentation at the 2014 Global Iron Ore & Steel Forecast Conference, to be held on the 11-12 March in Perth. He was appointed chief executive of Rio Tinto’s extensive Iron Ore product group in February 2013, accountable for operations and projects in Australia, Canada and India and for Rio Tinto Marine.
In 2012, the group had net earnings of more than US$9 billion. Its 2013 global production guidance is 265 million tonnes and major expansions are currently underway at the Iron Ore Company of Canada and in the Pilbara, Western Australia, where first ore for 290 Mt/a production was reached during August 2013 and 360Mt/a infrastructure is now being built.
Mr Harding also has Rio Tinto ExCo responsibility for China, Japan and Korea. These are countries which, as global economic powerhouses, account for a significant proportion of sales from the Rio Tinto product suite.
Mr Harding has previously spent three years as chief executive of the Rio Tinto Copper product group, responsible for a range of operations and projects around the world. This included the development of the world-class Oyu Tolgoi copper-gold mine in Mongolia.
His career has also included being president and chief executive officer at Rio Tinto’s Kennecott Utah Copper in Salt Lake City.