Rio Tinto expects rising commodity demand from China

FINANCIAL TIMES 🔒| China is going back to work as the coronavirus pandemic recedes there and is demanding “lots of raw materials”, according to the chief executive of global mining group Rio Tinto.  “From what we are seeing, China is restarting. And as far as we are concerned, China is demanding lots of raw materials and we are doing everything we can to deliver those products,” said Jean-Sébastien Jacques. Rio is one of the world’s biggest producers of iron ore, the key ingredient in steelmaking, and generates more than $25bn of sales from China, which it also supplies with copper and bauxite, the raw material needed to make aluminium.

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