全球的铁矿石储量丰富，其价格主要是由生产成本决定。
As iron ore was plentiful in the world, its price was driven by production cost.
白象山铁矿区磁铁矿石储量丰富，品位较高，具有很高的开采价值。
Baixiangshan iron mine ore magnetite-rich zone, high grade and high production value.
同时，力拓与其主要竞争对手，必和必拓(BHP Billiton)敲定了共同开发西澳大利亚铁矿石储量巨大的皮尔·巴拉地区(Pilbara region)的协定。
Instead, Rio struck a deal with BHP Billiton, its main competitor, to exploit jointly the vast iron-ore deposits of Western Australia's Pilbara region.
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