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Rio Tinto ADR Reptg One Ord Shs RIO

Alternate Symbol(s):  RTNTF | RTPPF

Rio Tinto plc is a United Kingdom-based mining and metals company. The Company operates in 35 countries where it produces iron ore, copper, aluminum, critical minerals and other materials needed for the global energy transition. Its segments include Iron Ore, Aluminum, Copper, and Minerals. Iron Ore segment is engaged in mining and salt and gypsum production in Western Australia. Aluminum segment is engaged in bauxite mining, alumina refining, and aluminum smelting. Copper segment is engaged in mining and refining of copper, gold, silver, molybdenum, other by-products and exploration activities which is the responsibility of the Copper product Company chief executive. Minerals segment includes businesses with products such as borates, titanium dioxide feedstock together with the iron ore company of Canada (iron ore mining and iron concentrate/pellet production). It also includes diamond mining, sorting and marketing and development projects for battery minerals, such as lithium.


NYSE:RIO - Post by User

Post by ecolo101on Aug 13, 2024 9:29am
415 Views
Post# 36176255

Next week after dividend is registered

Next week after dividend is registered

If stock price comes down by the amount of the dividend next week after the date is behind us , it will be a great opportunity to add a few more shares. Either to initiate a position or to reduce average price. 

ALuminium will be needed big time to reduce weight on many objects to reduce carbon footprint .

Rio Tinto well positioned to contribute to the effort over the next commodities cycle.

you buy , you don't look at its and you get the dividend and down the road you will capture the growth.

glta

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