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 ASX 200 (INDEXASX:XJO)(^AXJO) is expected to open lower today, the USA’s S&P 500 Index (.INX) rose by 0.02% on Monday.
Australia’s share market, or the All Ordinaries Index (INDEXASX:XAO)(ASX:XAO), is currently down 0.94% at lunch.
The share prices of BHP Group Ltd (ASX:BHP), Rio Tinto Ltd (ASX:RIO) and Fortescue Metals Group Limited (ASX:FMG) could all suffer this week due to China.
Australia’s share market, or the All Ordinaries Index (INDEXASX:XAO)(ASX:XAO), is currently up 0.23% at lunch.
Will investors think the Rio Tinto Limited (ASX:RIO) share price is a buy after providing update 2019 iron ore guidance?
The ASX 200 (INDEXASX:XJO)(^AXJO) is expected to open higher today, the USA’s S&P 500 Index (.INX) rose by 0.30% on Wednesday.
Fortescue Metals Group Ltd (ASX:FMG) has seen its share price storm higher in 2019 on the back of a rising iron ore price.
Australia’s share market, or the All Ordinaries Index (INDEXASX:XAO)(ASX:XAO), is currently up 0.19% at lunch.
The ASX 200 (INDEXASX:XJO)(^AXJO) could be due for a big correction this year as it reached a recent high.
