Some $200 billion in development is on hold for now, due to the global economy and declining metal and materials prices. Anglo American Plc. halted a $45 billion expansion program. Rio Tinto Group plans to cut spending by $5-billion.
Some $200 billion in development is on hold for now, due to the global economy and declining metal and materials prices. Anglo American Plc. halted a $45 billion expansion program. Rio Tinto Group plans to cut spending by $5-billion.