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 Australian share market or S&P/ASX 200 (INDEXASX: XJO)(ASX: XJO) index is tipped to higher Monday morning, according to the Sydney Futures Exchange.
The Australian share market or S&P/ASX 200 (INDEXASX: XJO)(ASX: XJO) index is tipped to higher Friday morning, according to the Sydney Futures Exchange.
Shares of miners like Fortescue Metals Group Limited (ASX: FMG) lead the Australian share market and ALL ORDINARIES (INDEXASX: XAO)(ASX: XAO) index lower on Tuesday.
The Australian Dollar (A$) ⇨ US Dollar ($) (AUDUSD) is expected to end 2018 at 78 US cents, according to a poll run by Reuters.
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.