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Metal Stocks Will Soar in Second Half: Rio Tinto CEO
According to Tom Albanese, CEO of Rio Tinto, metal stocks will see a boost in the second half of 2009.
“We’re beginning to see some of the infrastructure-driven stimulus plan in China and in the U.S. playing into steel, aluminum, copper demand and other materials that [Rio Tinto [RTP
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The global trend toward metal-intensive infrastructure projects will see “some improvements,” thanks to heavy infrastructure-driven countries like China, said Albanese.
Disclosures:
Disclosure information was not available for Tom Albanese.
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Top Metals Stocks:
United States Steel [X
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Market Vectors Steel [SLX
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BHP Billiton [BHP
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