Rio Tinto ADR Reptg One Ord Shs RIO

Alternate Symbol(s): RTNTF | RTPPF

Metals & Mining Industrial Metals & Minerals

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.

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Rio Tinto ADR Reptg One Ord Shs

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Post by ecolo101on Aug 22, 2024 11:58am

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It is a worldwide stock

So some volatility is expected. But we see a bit more than what I was expecting following ex dividend date. It is normal to see a drop following the removal of $1.77 per share on the closing date but we saw a bit more.
until end of the summer we will move sideways. Hopefully the fall brings a leg up and put us at a nice position to start 2025 and its first $2.54 per share dividend or 4% on current SP.

glta
dyodd
i own it

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