Tag: Australia

Rio Tinto sees Beijing’s stimulus driving iron ore demand as China receives Australia’s largest copper order in 4 years

By Bloomberg,Reuters Rio Tinto forecasts China – home to the world’s largest steel industry – will hit a peak in consumption, and expects global iron ore demand will rise almost a quarter by 2050. Source: Rio Tinto sees Beijing’s stimulus driving iron ore demand as China receives Australia’s largest copper order in 4 years