Rio Tinto underlines optimistic outlook for minerals in 2014 results

By Siobhan Lismore-Scott, Josie Shillito
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 return...

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