Rio Tinto expands its trading business and adds third-party alumina
The global miner Rio Tinto has changed its long-standing commercial model to start trading third-party metals, with a strong focus on the alumina market. The strategy seeks to use its integrated bauxite, refining and smelting infrastructure to capture additional value by combining its own production with external supply.
By aluminio.ar · Based on reporting by Revista Digital Minera REDIMIN
What you need to know
- Rio Tinto will add third-party metals and make greater use of financial derivatives in its commercial business.
- The alumina market is one of the main focuses, taking advantage of its integrated bauxite and refining structure.
- CEO Simon Trott and chief commercial officer Bold Baatar are leading this strategy to make better use of idle capacity.
Read the full story on Revista Digital Minera REDIMIN
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