Rio Tinto upbeat about China's copper demand
It says improvement in China property market points to better prospects for the sector
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.
TRENDING NOW
CapitaLand Investment retrenches 90 Singapore staff in 2026 as part of restructuring
Wealth of Singapore’s 50 richest diverges as OCBC, Sheng Siong boom offsets tech slide
Can Bali swop beach capital for global capital without the skyscrapers?
Canada’s fight with the US has far bigger stakes than trade