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Category: kuantum

Rio Tinto open to big copper buys but cautious of overheated market

By Melanie Burton and Rishav Chatterjee MELBOURNE, July 31 (Reuters) – Rio Tinto may consider a large acquisition but it would have to provide value that is hard to find amid a copper market that is running hot, CEO Jakob Stausholm said on Wednesday while discussing its first-half results. Rio derives most of its profits from iron ore but is increasingly focused on copper growth…