Rio Tinto and BHP Billiton are looking to replicate their iron ore strategy in the copper business, squeezing out high-cost producers by injecting more of the red metal into an oversupplied market. Separately and in joint ventures, Rio (NYSE:RIO) and BHP (NYSE:BHP) intend to mine millions of additional tonnes of copper, confident in the coming years that copper will be in short supply.
News 
Market Data 
Discover 
AI
