Global mining major Rio Tinto has decided to aggressively push its $1-billion iron ore project in Orissa, India. The company made its intentions clear in its annual report released last Tuesday. In turn, the Orissa government, buffeted by a series of aborted mining projects in the state, promptly announced it has almost firmed up the draft for the agreement with the Anglo-Australian mining company. For Rio Tinto this will be its first significant foray into the mining sector in India. Its plans are based on an assessment of how China and then India will dominate the global commodity market. Chief executive of the company, Tom Albanese, said in the report, “As China nears the top of the commodity intensity usage curve, India is expected to follow, supporting a further potential wave of strong commodity demand.”