AVB 0.00% 16.5¢ avanco resources limited

(4/4/2012)(Reuters) - Rio Tinto (RIO.AX) (RIO.L) and Vale...

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    (4/4/2012)

    (Reuters) - Rio Tinto (RIO.AX) (RIO.L) and Vale (VALE5.SA) executives said their order books were full and showing no signs of easing, but supply will increasingly struggle to keep up with demand.

    In interviews this week at the Reuters Global Metals and Mining Summit, chief financial officers of both mining giants said demand for their ores and metals was robust, and expected to stay that way for the long run even in the face of a soft landing in China's economy.

    "I don't think we have a problem with orders in any area, certainly not in copper," Rio Tinto Chief Financial Officer Guy Elliott said...

    http://www.reuters.com/article/2012/04/04/us-mining-summit-idUSBRE82M17320120404
 
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