Rio Tinto tips Al demand to double over next 15 years

Nov 29, 2010 | 12:33 PM |

Rio Tinto Plc has given a bullish view of long-term aluminum consumption, saying demand is poised to double in the next 15 years, according to comments from the company's senior executives cited by Liberum Capital analysts.

"Rio sees an optimistic supply/demand picture," Liberum said in a note following a Rio briefing. "[It forecasts] that global aluminum demand will double over the next 15 years, with demand growing at an average 4-5 percent." ....

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