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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. It operates in 35 countries and its portfolio includes iron ore, copper, aluminum and a range of other minerals and materials. Its segments include Iron Ore, Aluminum, Copper, and Minerals. Iron Ore segment includes iron ore mining and salt and gypsum production in Western Australia. Its iron ore operations in the Pilbara comprise an integrated network of over 17 iron ore mines and four independent port terminals. Aluminum segment includes bauxite mining, alumina refining, and aluminum smelting and recycling. Copper segment includes mining and refining of copper, gold, silver, molybdenum, other by-products and licensing of extraction technologies. Minerals segment includes mining and processing of borates, titanium dioxide feedstock and iron concentrate and pellets from the iron ore company of Canada. It also includes diamond mining, sorting and marketing and development projects for battery materials, such as lithium.


NYSE:RIO - Post by User

Post by ecolo101on Aug 22, 2024 11:58am
90 Views
Post# 36191931

It is a worldwide stock

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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