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Rio Tinto downgraded on coronavirus

RBC Capital Markets says the coronavirus outbreak will put the mining sector under pressure.

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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