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| Share Name | Share Symbol | Market | Type |
|---|---|---|---|
| Rio Tinto Ltd | ASX:RIOCD | Australian Stock Exchange | Ordinary Share |
| Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
|---|---|---|---|---|---|---|---|---|---|---|
| 0.00 | 0.00% | 125.35 | 123.81 | 125.35 | 0.00 | 01:00:00 |
From May 2019 to May 2024
By Rhiannon Hoyle
SYDNEY--Rio Tinto PLC foresees subdued commodity prices in the short term, but remains optimistic about long-term demand and continues to forecast 7% growth in China this year, the miner's copper and coal chief executive said on Thursday.
"The boom times were never going to last forever and neither will the tough times," Jean-Sébastien Jacques said in a speech in Sydney.
Commodity prices have slumped to multiyear lows in recent days, weighed down by a stronger dollar and expectations of lackluster demand.
He said all Rio Tinto's copper mines continued to generate surplus cash despite a sharp fall in the value of that commodity.
Write to Rhiannon Hoyle at rhiannon.hoyle@wsj.com
Subscribe to WSJ: http://online.wsj.com?mod=djnwires
(END) Dow Jones Newswires
November 25, 2015 21:57 ET (02:57 GMT)
Copyright (c) 2015 Dow Jones & Company, Inc.
1 Year Rio Tinto Chart |
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