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) and the broader Australian share market is expected to open sharply higher on Tuesday following strong leads from Wall St.
The Rio Tinto Limited (ASX: RIO) share price was trading 2.11% lower today after reporting production results.
The BHP Group Ltd (ASX: BHP) share price was trading 1.88% lower today following its quarterly production update.
The Rio Tinto (ASX:RIO) share price is up 3% this morning after giving the market an update.
The ASX 200 (INDEXASX: XJO) was led lower despite a lift from mining shares, including BHP Group Ltd (ASX: BHP), Rio Tinto Limited (ASX: RIO) and IOOF Holdings Limited (ASX: IFL).
Rio Tinto (ASX:RIO) has announced that it’s going to invest $1.5 billion to continue production at Kennecott copper to 2032.
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Shares in BHP Group Ltd (ASX:BHP) are down 3% this week following the release of its quarterly activities report and its AGM held in London yesterday .
