Materials Lower Amid Growth Concerns -- Materials Roundup

Features Dow Jones Newswires

Shares of commodities producers ticked lower amid concerns about the outlook for global growth.

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Investors are keen to see growth targets that may emerge from a Chinese leadership conference.

Chilean state copper commission Cochilco raised its projection for average copper prices in 2018 to $2.95 a pound from $2.68. The South American nation is the world's largest copper producer.

A U.S. lawsuit alleged Anglo Australian mining company Rio Tinto misled investors about the value of its assets in Mozambique. The allegations follow a controversy over payments to a consultant in Guinea.

Rob Curran,

(END) Dow Jones Newswires

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October 18, 2017 17:27 ET (21:27 GMT)