In the Australian today RIO Tinto expects historically high levels of copper supply disruptions to keep the market tight in the coming years.
"We firmly believe we will continue to see higher levels of disruption going forward than we have seen in the past,” chief executive for copper Bret Clayton said.
Mr Clayton’s statement came in response to a question on the impact of a recent incident at the Grasberg mine in Indonesia, operated by Freeport-McMoran Copper and Gold Inc and 40 per cent owned by Rio Tinto (ASX: RIO). have a good weekend, Cheers MB
CUO Price at posting:
26.0¢ Sentiment: None Disclosure: Held
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