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.
Dip buyers emerged on Friday after the week’s sell-off with the S&P/ASX 200 (ASX: XJO) finishing 0.5% higher. Here’s what you need to know.
The Rio Tinto Limited (ASX:RIO) share price is sinking. It has fallen by 17% in just the last month. What’s going on?
The S&P/ASX 200 (ASX: XJO) finished broadly flat on Tuesday, dragged lower by the materials sector, including Rio Tinto (ASX:RIO).
The BHP Group Ltd (ASX:BHP) share price is under scrutiny as China adds more steel production curbs, hurting the iron ore price.
The S&P/ASX 200 (ASX:XJO) continued its strong run on Wednesday as WiseTech (ASX: WTC) and Afterpay (ASX:APT) shares made headlines.
Is it time to buy at the current Rio Tinto Limited (ASX: RIO) share price? It has fallen around 20% in just a few weeks.
The S&P/ASX 200 (ASX: XJO) finished flat on Thursday as the likes of Telstra (ASX:TLS), AGL (ASX:AGL) and AMP (ASX:AMP) released reports.
The S&P/ASX 200 (ASX: XJO) finished 0.3% lower on Friday. Redbubble (ASX:RBL) and Marley Spoon (ASX:MMM) shares are in the news.
The S&P/ASX 200 (ASX:XJO) delivered another positive day, adding 0.5% as the trifecta of ASX iron ore miners all hit record highs.