Rio Tinto Sees Bumpy Ride for Aluminum as China Poses Puzzle
- Uncertainty driven by when China may curb output, Barrios says
- The head of aluminum unit says U.S. demand will remain strong
This article is for subscribers only.
Rio Tinto Group’s aluminum boss sees prices for the lightweight metal heading for an “extremely” volatile period, with uncertainty over when China will curb production helping to keep investors on edge.
“That’s really where the uncertainty is at the moment,” Alfredo Barrios said in an interview at Bloomberg’s Toronto office. “There’s no doubt that if you look at the supply side, if you look at the environmental issues, sooner or later that will change. But when is a question mark.”