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Watch Out In Iron Ore, Coal, Copper When Easy Money Policies Are Done, Says Rio Tinto
Feb. 10, 2011 12:49PM PST
Base Metals Investing Forbes repoerts that while it appears safe to state that commodity prices are set to continue their bull runs in the first half of 2011, a report coming from one of the most interested parties in the game, Rio Tinto (NYSE:RIO), provides additional support and key insight into risks facing prices for iron ore, coal, copper, and aluminum.
Forbes repoerts that while it appears safe to state that commodity prices are set to continue their bull runs in the first half of 2011, a report coming from one of the most interested parties in the game, Rio Tinto (NYSE:RIO), provides additional support and key insight into risks facing prices for iron ore, coal, copper, and aluminum.
The market news is quoted as saying:
The third largest miner by market cap in the world, Rio Tinto posted earnings on January 10 which provide key insight into the company’s views of commodity markets in 2011. While investors were disappointed the Australian miners didn’t provide a super-optimistic, off-the-charts outlook, Rio Tinto seems pretty confident in the underlying strengths of certain commodity markets.
