The short-term outlook for copper is "pretty healthy," with global stockpiles trending down and mine disruptions having eroded supply from Latin America, Rio Tinto's head of copper Bold Baatar said. "We're seeing pretty good fundamentals," he told Reuters after the opening of the underground phase of the Oyu Tolgoi copper mine in Mongolia, which is set to be the world's fourth-largest copper mine when it is fully operational.
See the full story: Rio Tinto sees robust short term outlook for copper