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.
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.
Rio Tinto Limited (ASX: RIO) shares have continued rising today, up another 3% on higher iron ore prices. How much further can they go?
The ASX’s All Ordinaries (XAO) has jumped to a 11-year high as the market responded to the weekend’s Federal Election result.
Friday last week saw most ASX 200 (INDEXASX:XJO) mining shares get a boost from news of record steel production in China and more concerns Vale SA (NYSE:VALE).
Australia’s share market, or the All Ordinaries Index (INDEXASX:XAO)(ASX:XAO), is currently up 0.56% at lunch.
