Rio Tinto Limited (ASX: RIO)’s origins date back more than 145 years but today it is one of world’s largest aluminium and iron ore producers, with much of its sales revenue coming from its operates in Western Australia. It also owns, fully or partly, mining projects for copper, diamonds, uranium and other minerals.
The Australian share market or S&P/ASX 200 (INDEXASX: XJO) opened Friday’s ASX trading session slightly higher. CBA shares and BHP shares were again a focus on share investors.
The S&P/ASX 200 (INDEXASX: XJO) is expected to open lower on Thursday, with ASX 200 futures pointing lower. Redbubble (ASX:RBL) was deep red on Wednesday.
The Rio Tinto Limited (ASX:RIO) share price is down after releasing its final 2022 quarterly report that showed growth.
The Rio Tinto Limited (ASX:RIO) share price is in focus after the miner told the market about some of its progress on its long-term strategy.
The S&P/ASX 200 (INDEXASX: XJO) managed a small gain on Wednesday, adding 0.1 per cent, as strength in the energy and materials sectors offset losses in property. Rio Tinto Limited’s (ASX:RIO) interest in Turquoise Hill has got investors thinking.
The S&P/ASX200 (INDEXASX: XJO) rose 0.3% on Wednesday as the Megaport Ltd (ASX: MP1) share price dived and Pilbara Minerals Ltd (ASX:PLS) share price rises.
A strong lead-in from Wall Street gave solid impetus to the Australian market on Tuesday, and the result was a lift of 114.8 points, or 1.7 per cent, in the benchmark S&P/ASX 200 (INDEXASX: XJO) Index, to 6779.2; while the broader S&P/ASX All Ordinaries (ASX: XAO) index added 121.9 points, or 1.8 per cent, to 6976.2. The ASX 200 is off to a positive start on Wednesday morning.
The Rio Tinto Limited (ASX:RIO) share price is under the microscope after the iron miner released its 2022 third-quarter update.
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