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Rio Tinto said China main resource consumption will be half of world

Tuesday, Jan 29, 2008
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New York—Rio Tinto said in ten years, China main resource consumption will take half in the world owe to the fast growing economy. Reports said that the fast developing economy of China May signs that China will consume most of the main metal and mine in the world and May has conflict with other countries on resource. In last week, Rio Tinto said China iron ore, aluminum, copper consumption each takes up 47%, 32% and 25% in the world. Its CEO Tom Albanese predicts aluminum and iron ore consumption volume may increase to 58% and 45% in these following years. And copper may increase one third.

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