COPPER
Global miner Rio Tinto expects oversupply to pressure copper prices in the medium term and said its copper output will shrink in 2015, mainly due to work at its Kennecott Utah unit to avoid another landslide.
The Kennecott operation in the US was hit by a severe landslide in April last year which shifted 150-million tonnes of material and buried a section of the openpit mine.
Please enter the email address that you used to subscribe to Research Channel. Your password will be sent to this address.
Don't have any login details?
Free Trial Access