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Rio Tinto ADR Reptg One Ord Shs RTPPF


Primary Symbol: RIO Alternate Symbol(s):  RTNTF

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 Nov 12, 2024 9:07am
44 Views
Post# 36307994

Ouch time to consider for new investors

Ouch time to consider for new investors

Life is often timing and current price is getting Interesting for new investors...
a bit sad to see it going down quickly for bagholders but this is commodities.... up and down , so you need to be alert.

also interestingly

Miners Want Trump to Speed Up Mining Permits. Mining giant Rio Tinto asked on US president-elect Donald Trump to speed up the permitting process for new copper projects, referring to its Resolution copper mine which could supply a quarter of the US’ copper needs but remains stalled.

so any positive news on copper could help to change current direction. 

infrastructure will need a lot of copper...

glta
dyodd

 

 

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