Copper Faces at Least Two More Years of Pain, Rio Estimates

Updated on
  • Metal fell below $4,500 a ton for first time since 1999
  • Producer says is more optimistic on longer term demand

Rio Tinto's Jacques Sees Copper Prices Recovering

The copper market is facing two or three years more of pain, though the good news for the metal, which hit a six-year low this week, is that it will recover faster than other commodities, according to Rio Tinto Group.

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