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Rio Tinto upbeat about China's copper demand

It says improvement in China property market points to better prospects for the sector

Published Tue, Sep 8, 2015 · 09:50 PM
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Singapore

RIO Tinto Group isn't just bullish about China's steel demand, it's also upbeat about copper use in the world's biggest consumer.

Signs of improvement in China's property market are boosting prospects for the metal, Jean-Sebastien Jacques, head of Rio's copper and coal operations, said in an interview in Singapore. The government will also implement more stimulus measures if the world's second-largest economy slows too much, he said.

Rio's optimism stands out amid views from Glencore Plc that mining companies were wrong-footed on …

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