RIO News: Analysis-Mining industry struggles with valuation gap amid shift to copper - 27th Sep 2024, 9:41pm

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By Clara Denina and Felix Njini

LONDON (Reuters) - Leading mining companies are struggling to balance investor expectations for hefty returns with paying the necessary premiums to buy pure play copper companies as global demand for the metal sends valuations soaring.

Big diversified miners including Rio Tinto, BHP Group and Glencore, pressured by a slowdown in global economic growth and falling commodity prices, are watching rival copper producers gradually grow beyond their reach, with shares...

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