Coking coal, copper markets ‘tight’: Rio

[miningmx.com] – RIO Tinto, the world’s third-largest miner, said it sees
coking coal and copper markets remaining tight, while margins were being squeezed
in aluminium.

“Demand for commodities in 2012 will be supported by a through-the-year
improvement in global growth, although we cannot rule out periods of volatility
similar to those in 2011,” Rio Tinto’s chief economist, Vivek Tulpule, said in slides
prepared for an analyst presentation in Sydney.