Rio Tinto cites positive outlook

“The long-term picture for me hasn’t changed, and we’re in a position where there will continue to be a need for materials,” Tom Albanese told a resources industry gathering in Perth in late August. “The growth rate isn’t going to be as big as it’s been since 2003 – everyone has known that that’s not a sustainable picture.” Though he noted a current period of soft demand in China, Albanese expressed “confidence in the emerging markets.”