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06 Dec

Rio Tinto ‘well-positioned’ to capitalise on energy transition demand

Mining giant Rio Tinto says it is “strategically well-positioned” to capitalise on the expected demand for commodities spurred by decarbonisation, as well as changing regional industrial policies and geopolitics. It expects total copper equivalent commodity demand to grow at a 4% compound annual growth rate (CAGR) between 2022 and 2035, offering “attractive long-term fundamentals” across its portfolio. The miner says its 2023 copper ore p…
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