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.
US President Donald Trump is going to impose a 25% tariff on foreign steel.
Australia’s S&P/ASX 200 (INDEXASX:XJO) (ASX:XJO) ended lower on Thursday with shares of Rio Tinto Limited (ASX:RIO) and Woolworths Group Ltd (ASX:WOW) weighing on the ASX.
Rio Tinto Limited (ASX:RIO) shares fell 4% on Thursday after the mining company went ex-dividend.
The Australian share market, or S&P/ASX 200 (INDEXASX:XJO)(ASX:XJO), is expected to open flat on Monday.
BHP Billiton Limited (ASX:BHP) shares helped to push Australia’s S&P/ASX 200 (INDEXASX:XJO) (ASX:XJO) higher on Thursday.
The Australian share market, or S&P/ASX 200 (INDEXASX:XJO)(ASX:XJO), is expected to open higher on Thursday.
The Australian share market, or S&P/ASX 200 (INDEXASX:XJO)(ASX:XJO), is expected to open higher on Tuesday.
The Australian share market, or S&P/ASX 200 (INDEXASX:XJO)(ASX:XJO), is expected to open lower on Monday.
The Australian share market, or S&P/ASX 200 (INDEXASX:XJO)(ASX:XJO), is expected to open lower on Friday.