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Xinhua) 10:27, December 21, 2013
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Comments twitter facebook Sina Microblog reddit MELBOURNE, Dec. 21 -- Anglo-Australian mining giant Rio Tinto still regarded China asthe key driver of iron ore demand due to its continued growth and ongoing urbanizationprocess, local media reported on Saturday.
"The growth in China is still there" and its economy could be stronger than Rio Tinto'sprevious expect of 7.5 percent, said Sam Walsh, chief executive of the company, at a BritishChamber of Commerce luncheon in the country's western city of Perth.
However, he also noted his company has focused gaze on some other developing countrieslike India and Brazil as well as the Middle East, saying all those places are potentialcustomers of Rio Tinto and the mining giant is ready to benefit from those markets.
"They are going to go through the same urbanization and industrialization process andthey're going to need the types of commodities that we in the mining industry supply forthat growth, " he said, quoted by the Australian Associated Press.
In his fourth visit to China last month, Walsh said Rio Tinto would continue to expand itsiron ore capacity in Western Australia to meet the growing demand from China, its mostimportant market.
（Editor：ChenLidan、Gao Yinan）
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