Hedge Funds Are Playing 'Dangerous Game' With Copper

Updated on
  • Rio's copper chief says price isn't reflecting fundamentals
  • Says funds shorting copper as macro bet on China's economy

Rio Says Hedge Funds Playing Dangerous Game With Copper

Hedge funds betting that copper will drop further are playing a “dangerous game” with prices, according to the head of copper at Rio Tinto Group, the world’s second-biggest mining company.

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