Anglo-Australian mining giant Rio Tinto said Thursday it had secured its first-ever iron ore sale to India, a "ground-breaking" development it described as significant for its future.
Iron ore chief Sam Walsh said Rio had sold a 160,000 metric-ton shipment to Indian steelmaker Essar for delivery later this month.
"To me, this is a ground-breaking sale and I think it is a good signal for us and Western Australia-- it is strategic for us," Walsh told Dow Jones Newswires.
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