Mining Giant Rio Tinto Plans to Expand Metals Trading Business
2 outlets - including Kalkinemedia and Bloomberg - are covering this story. Highlights Simandou shipments have started to reach Chinese customers, marking a milestone for Rio Tinto. Pilbara iron ore production reached its strongest interim level in years. Oyu Tolgoi copper growth and a Mongolian tax dispute remain…
Covered by 2 outlets
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Is Rio Tinto (LSE:RIO) Riding Simandou Momentum Into Today's Mining Session?
Highlights Simandou shipments have started to reach Chinese customers, marking a milestone for Rio Tinto. Pilbara iron ore production reached its strongest interim level in years. Oyu Tolgoi copper growth and a Mongolian tax dispute remain…
Mining Giant Rio Tinto Plans to Expand Metals Trading Business
Rio Tinto Group plans to expand its marketing operations to trade more metal from other producers as well as derivatives, according to people familiar with its strategy, as part of a drive by its new leader to make the business more agile.