Australia's Roy Hill says can expand iron ore capacity beyond target

Australian iron-ore miner Roy Hill Holdings Pty Ltd has the ability to expand its production capacity beyond the 55-million tonnes it has targeted, its chief executive said on Wednesday. Roy Hill, controlled by Australian billionaire Gina Rinehart, is closing in on that 55 million tonnes a year goal as it expects to export at least 4.6-million tonnes this month from Australia's Port Hedland, Barry Fitzgerald said on the sidelines of an industry conference in China.