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Rio expects commodity price swings as markets consider economic prospects

Posted on 05 December 2011

Tom AlbaneseRio Tinto Group (RIO), the world’s third- largest mining company, expects further volatility in metal prices as markets weigh global economic prospects for next year.
“We should expect more of these gyrations of all of our prices as we move forward to 2012,” Tom Albanese, chief executive officer of the London-based company, said today on the Australian Broadcasting Corp.’s “Inside Business” program. “The markets are trying to react and anticipate to what they think the economy is going to look like next year.”……………………………………….Full Article: Source


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