Mining Giant Rio Tinto Plans to Expand Metals Trading Business

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...

By Paul-Alain Hunt, Katharine Gemmell and Thomas Biesheuvel · Bloomberg Markets

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.