Despite low prices, potential seen for Superior’s Resolution Copper
By Ryan Randazzo | The Arizona Republic
Copper prices might be dragging today, but executives with London-based Rio Tinto have full confidence that the world will need more of the red metal by the time the Resolution Copper Project near Superior opens in several years.
The metal has been trading near the $2-a-pound range because of weak demand, particularly from China, which has been using almost half the global supply amid its development.
