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 ] would produce,” Albanese told CNBC.

The global trend toward metal-intensive infrastructure projects will see “some improvements,” thanks to heavy infrastructure-driven countries like China, said Albanese.


Disclosure information was not available for Tom Albanese.

Top Metals Stocks:

United States Steel

Market Vectors Steel

BHP Billiton