Mining Giant Rio Tinto Plans to Expand Metals Trading Business

AI Summary

Rio Tinto plans to expand its metals trading business by increasing the volume of metals from other producers and derivatives it trades as part of a strategy to make its operations more agile under new leadership.

Rio Tinto Group plans to expand its marketing operations to trade more metal from other producers as well as derivatives, according to people familiar with its strategy, as part of a drive by its new leader to make the business more agile.