The Conversation (0)
A recent report from Reuters suggested that following moves that seemed to push out higher-cost producers in the iron ore space, Rio Tinto (NYSE:RIO) and BHP (NYSE:BHP) are looking to do the same with copper.
A recent report from Reuters suggested that following moves that seemed to push out higher-cost producers in the iron ore space, Rio Tinto (NYSE:RIO) and BHP (NYSE:BHP) are looking to do the same with copper.
As quoted in the publication:
Separately and in joint ventures, Rio and BHP intend to mine millions of additional tonnes of copper, despite seeing an oversupplied market for the next few years.