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Mining Giant Rio Tinto Plans to Expand Metals Trading Business
Source: Bloomberg
Commodities & Raw MaterialsCompany FundamentalsDerivatives & VolatilityManagement & Governance
Rio Tinto plans to broaden its marketing operation to trade metals produced by third parties and expand into derivatives. The strategy, associated with the company’s new leadership, aims to make Rio Tinto’s commercial business more agile and could diversify revenue beyond its own mined output.
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