Kumba Iron Ore is expected to double its earnings by 2013 in tandem with the more than twofold increase in the company's iron ore production.
Kumba said on Friday that its basic earnings for last year were expected to be between R4.1 billion and R4.4 billion.
The company is aiming to raise its annual output of iron ore, a key ingredient in steel, from 31 million tons to more than 70 million tons by 2015.
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