Feed
Read More
Read more
⛏️ Rio Tinto: Profits steady despite iron ore slump, copper and lithium investments up!
Rio Tinto $RIO, one of the biggest mining giants, has kept profits at a similar level to 2023 even as iron ore prices fell by 11 %. This result underlines the diversification of the portfolio as higher profits from copper and aluminium helped offset losses from the core business.
...Read more
Read More
🌍 Historic merger in sight? Rio Tinto and Glencore are about to change the mining industry! 🏗️💼
The mining industry may be on the cusp of one of the biggest events in its history. Giants Rio Tinto Group $RIO and Glencore Plc $GLEN.L are considering joining forces to create a new market titan capable of competing with the incumbent leader, BHP Group. $BHP If this transaction goes...
Read more
Zobrazit další komentáře
Great news, thanks for that. I like $RIO.L too, I've had it in my portfolio for a while now, although it's hovering around zero in my rankings, but it has a decent dividend too. I take it as a top in the sector. A miner that's also trying to innovate and be a bit pro green, although of course it's never going to be green in this area, but you just need the raw materials. I also like $PBR but I'm scared there because I don't know what all may be going on in the Brazilian government.
The performance doesn't look very high to me and I don't see that much potential in this company, so I'll look for another stock.