15.10.2014 - Rio Tinto has increased its production

The second largest company in the world on the production of iron ore, Rio Tinto said about the growth of iron ore production by 5% in the third quarter of this year. At the moment, the company is trying to conquer bigger part of the market due to lower cost of iron ore mining than its competitors. The company's strategy is aimed at increased production despite a decline in the price, has led to a drop in prices of iron ore to multi-year lows, and decreased by 40%. The company has maintained production forecast of 295 million tons of iron ore this year. Despite the decline in iron ore prices, we recommend to accumulate positions in shares of the company in the medium term, with the expectation of growth by 60-90% in 1-2 years.

RISK WARNING: Trading of complex financial products, such as Stocks, Futures, Foreign Exchange ("Forex"), Contracts for Difference ("CFDs"), Indices, Options, or other financial derivatives, on "margin" carries a high level of risk, and may not be suitable for all investors. The possibility exists that you could sustain a loss of some or all of your initial investment and, therefore, you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with trading these markets, and seek advice from an independent financial advisor if you have any questions or doubts. Please carefully read our full "Risk Disclosure" and "Risk Disclosures for Financial Instruments & Investment Services". FXFINPRO Capital is the trading name of PFX Financial Professionals Limited, a limited liability company formed under the laws of Cyprus, registered with the Registrar of Companies in Nicosia, Cyprus, under nr. HE 237840 and regulated by the Cyprus Securities and Exchange Commission with license number 193/13.