Rio Tinto underlines optimistic outlook for minerals in 2014 results
Published: Thursday, 12 February 2015
Rio Tinto has spent the last 12 months optimising its supply of TiO2 to match bearish market conditions, while slowly ramping up borates production. The company continues to operate with some optimism when looking to 2015, but cautions that it expects production remain flat in the medium term.
Anglo-Australian miner Rio Tinto
said today in its 2014 results that it has seen some signs of
stabilisation in titanium dioxide (TiO2) and zircon
markets, while demand for borates has been stable.
"The market for TiO2 and zircon has shown signs of
stabilisation as industry-wide inventories have continued their