Rio Tinto’s fourth-quarter production was broadly as expected. Second-half exploration expenditure of almost USD 1 billion was higher than forecast.…
Browsing: Rio Tinto
At its recent investor seminar Rio Tinto warned of an uncertain and volatile short-term outlook, nothing new there, though with an expected fourth-quarter pick-up in Chinese fixed-asset investment. Longer term, Rio remains bullish on global commodity consumption with China remaining the key driver until at least the mid-2020s.