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Rio Tinto downgraded on coronavirus

Outbreak a threat to iron ore prices, RBC says

Kristie Batten
The Rio Tinto booth at Investing in African Mining Indaba 2020

The Rio Tinto booth at Investing in African Mining Indaba 2020

"We think it is still early days for this virus and the potential implications," RBC said overnight. "We expect commodities demand from China to fall sharply in Q1 and this likely causes prices to struggle...

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