Rio Tinto (RTP): ‘Set to play catch up’

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by Horacio Márquez, global markets specialist, The Money Map Report

Economic activity is increasing across the world., with Asia and emerging markets ahead of the pack, leading the dramatically increasing demand for commodities over the past year.

The major miners are reporting large increases in demand, outstripping production capacity in many cases. That’s great news for mining companies. In fact, the big producers all blew away market expectations in their last reports. But it’s even better news for Rio Tinto Plc  (NYSE: RTP).