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 S&P/ASX 200 (INDEXASX:XJO) turned up again on Tuesday, led by the resources like BHP Group Ltd (ASX:BHP) and Rio Tinto (ASX:RIO) shares.
The Rio Tinto Limited (ASX:RIO) share price went up slightly today after the mining giant made another play to increase its exposure to copper.
S&P/ASX200 (INDEXASX:XJO) closed down 1.2 per cent on Tuesday but the Altium Limited (ASX:ALU) share price took flight on impressive results.
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The Rio Tinto Limited (ASX:RIO) share price is in the spotlight after reporting its FY22 half-year result.
It looks like a good time to buy shares of one of the largest S&P/ASX 200 (ASX:XJO) mining shares at today’s Rio Tinto Limited (ASX: RIO) share price.
The S&P/ASX 200 (INDEXASX:XJO) was mostly flat on Tuesday. ASX tech shares like WiseTech (ASX:WTC) led the ASX 200 higher on Monday.
The Rio Tinto Limited (ASX: RIO) share price has dropped 4% after releasing its FY22 second quarter production results.
On Wednesday the benchmark S&P/ASX 200 (INDEX: XJO) had shed 34.8 points, or 0.52 per cent, to 6,594.5, while the broader All Ordinaries (ASX: XAO) surrendered 33.8 points, or 0.5 per cent, to 6,784.3.
