You want problems? Rio Tinto (LSE: RIO) (NYSE: RIO.US) has problems. The iron ore price is falling, and so far what seems like an attempt by it and peer BHP Billiton to drive out less efficient smaller rivals have foundered, as those companies have been able to mine more cheaply due to the lower oil price. And then there’s Glencore waiting to pounce in the wings…
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How Will Rio Tinto plc Navigate 2015?
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RISK WARNING: should you invest, the value of your investment may rise or fall and your capital is at risk. Before investing, your individual circumstances should be assessed. Consider taking independent financial advice. The Motley Fool believes in building wealth through long-term investing and so we do not promote or encourage high-risk activities including day trading, CFDs, spread betting, cryptocurrencies, and forex. Where we promote an affiliate partnerâs brokerage products, these are focused on the trading of readily releasable securities.
