Received 0 Karma
Received 0 Karma
Received 0 Karma

[TimAlerts] $RIO $GLNCY Rio Tinto says will not reduce copper output, FT reports Rio Tinto (RIO) said it will not cut copper production since it would be illogical to hold back output and leave space int he market for rivals, the Financial Times reports. Jean-Sebastian Jacques, head of copper and coal at Rio, said the company will not lower output even though current prices of the metal do not reflect "fundamentals," the report says. The comments come after rival Glencore (GLNCY) said it will reduce its zin
Received 0 Karma

