Rinehart’s iron-ore mine won’t reach capacity this year

Billionaire Gina Rinehart’s iron-ore producer said its mine in Western Australia won’t reach full capacity this year following issues at its port and processing plant. The target of 55-million metric tons a year is now expected to be reached early in 2017, instead of late this year, Roy Hill Holdings CEO Barry Fitzgerald told reporters Wednesday at the mine in the Pilbara region.