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.
Australian shares or the S&P/ASX 200 (INDEXASX: XJO) fell 0.6% on Monday despite opening positively, as commodity and energy prices fell across the board. The ASX 200 selloff in energy and materials finished at 5.1 and 4.6 per cent respectively, amid growing concerns about the outlook for the global economy.
The Commonwealth Bank of Australia (ASX: CBA) share price and ASX bank shares have been weighing on the market, or All Ordinaries (INDEXASX: XAO).
The S&P/ASX 200 (ASX: XJO) delivered a strong finish to the week as Appen (ASX:APX) and Tabcorp (ASX:TAH) shares were in the news.
The S&P/ASX 200 (INDEXASX:XJO) shed 0.7% on Thursday as the Appen (ASX:APX) share price made headlines on takeover news.
The S&P/ASX 200 (INDEXASX:XJO) was weighed down on Tuesday by concerns that COVID-19 lockdowns have hurt economic growth in China.
The S&P/ASX 200 (ASX: XJO) finished in the red again on Tuesday as Pendal (ASX:PDL) and Atlas Arteria (ASX:ALX) made headlines.
The S&P/ASX 200 (ASX: XJO) finished up 0.8% on Thursday as ASX mining and energy shares, such as Whitehaven Coal (ASX:WHC), made headlines.
The S&P/ASX 200 (ASX: XJO) eased 0.2% on the first day of a new interest-rate environment as ANZ (ASX:ANZ) shares made headlines.
The S&P/ASX 200 (ASX:XJO) finished flat on Wednesday as Ramsay Health Care (ASX:RHC) and Rio Tinto (ASX:RIO) shares were in the news.
