Roy Hill aims to ship 25Mt iron-ore by end 2016

Gina Rinehart's Roy Hill mine in Western Australia aims to ship 25-million tonnes of iron ore by the end of this year, the company's managing director said on Tuesday. The mine, jointly owned by billionaire Rinehart's Hancock Prospecting, Japan's Marubeni, South Korea's Posco and Taiwan's China Steel, has the capacity to produce 55-million tonnes a year.