Rio Tinto Share Discussion Threads

[waldron] 29/5/2019 13:03

cheers skinny

yes used it before

thanks



Iron Ore
98.54
USD 0.16
(0.16%)



Rio Tinto
4,651 -2.62%


TODAY IT MAKES ONE CONSIDER QUESTION, HOW STRONG IS THE IRON ORE PRICE CORRELATION WITH THAT OF THE RIO SP

[skinny] 29/5/2019 12:36

The link in post 198 isn't bad

[waldron] 29/5/2019 12:21

ted

is there a decent link i can use to ascertain current and end of day iron ore prices

cheers

[podgyted] 29/5/2019 07:46

The party is over! Morgan Stanley have spoken. Iron ore slumps 2.3% to $106 and share price in Oz crashes by 0.7% to the lowest level seen this week.



Seriously, interesting data on Brazilian shipments, MS reckons close to peak prices and forecasts fall back to $78 by end of year with risk to the upside.

[podgyted] 28/5/2019 18:57

Analysts don't know what to do here. They're essentially sitting on the fence, understandably, 'cos no one knows where the current spike in iron ore prices will go.

But the longer iron ore prices stay at their current levels, the more will come off the fence. It's interesting that consensus EPS has risen from $4.5 at end December to $6.0 as at now - a 33% increase - but current consensus is only a tad above "hold" - probably looking to 2020 with a "who knows" shrug of the shoulder.

I don't have a crystal ball but am enjoying the ride at the moment - I also think the supply problems are longer term than some give credit for. My other thought is that many have not yet considered this is partly a demand problem - Chinese steel mills are increasing production due to increased steel prices and increased profitability.

Time, as they say, will tell. But it's interesting at the moment.

[waldron] 28/5/2019 17:24

Rio Tinto
4,776 +2.89%


Anglo American
1,952.4 +0.43%


Glencore
260.05 -0.36%

(BHP) - 05/28 04:30:00 pm
1830.6 GBp +1.70%

Iron Ore 98.38
USD 0.24
(0.24%)


Gold COMEX 1,278.10 -0.49%
Silver COMEX 14.31 -1.79%
Copper COMEX 2.70 -0.72%
Brent Crude Oil NYMEX 69.91 -0.36%
Gasoline NYMEX 1.94 -0.27%
Natural Gas NYMEX 2.59 +0.19%

(WTI) - 28/05 18:06:53
58.98 USD -0.29%

[ariane] 28/5/2019 13:59

RIO HSBC Hold but reduces from 5,000.00 to 4,920.00 Reiterates

[the grumpy old men] 28/5/2019 10:39

Rio Tinto
4,789 +3.17%

[the grumpy old men] 28/5/2019 10:38

Bluejay Mining PLC (JAY.LN) said Tuesday that it has reached an agreement with a Rio Tinto PLC (RIO.LN) subsidiary to help analyze titanium ore from its Dundas project in Greenland.

The mining company said it has reach an agreement with Rio Tinto Iron and Titanium Canada Inc. to analyze ilmenite--the most important ore of titanium--taken from its wholly owned Dundas project.

Rio Tinto will analyze the ore, including a smelter test sample, at its plant in Quebec, Canada, Bluejay Mining said, adding that the two companies will work together to review and improve on the technical work that has been completed at the project to date.

Bluejay Mining said that Rio Tinto can terminate the agreement at any time and that there is no guarantee the assessment of its ilmenite will lead to a long-term transaction between the two companies.



Write to Oliver Griffin at [e-mail]; @OliGGriffin



(END) Dow Jones Newswires

May 28, 2019 03:59 ET (07:59 GMT)

[grupo] 28/5/2019 08:10

(RIO)
Add to my list
Report

Real-time Quote. Real-time CHI-X - 05/28 03:10:06 am
4785.00 GBp +3.08%

[grupo] 28/5/2019 08:09

proactivwinvestors

Bluejay Mining to continue working with Rio Tinto to evaluate potential of ore at Dundas
08:00 28 May 2019
Rio Tinto is one of the world's major producers of ilmenite
Bluejay Mining to continue working with Rio Tinto to evaluate potential of ore at Dundas
Ilmenite from Greenland

Bluejay Mining PLC (LON:JAY) has reached agreement with Rio Tinto Iron and Titanium Canada for the further analysis of ore from the Dundas project in Greenland.

Rio Tinto and Blujay are currently in talks about a commercial agreement relating to Dundas, although there is no guarantee at this stage that a deal will be done.
READ: BlueJay Mining upgrades resource for Dundas project as it presses ahead with PFS

Dundas has a current JORC resource of 101mln tonnes at 7.1% ilmenite, and has been confirmed as the highest-grade mineral sand ilmenite project globally.

Rio Tinto will analyse ilmenite from the Dundas project. This will include analysis of a smelter test sample at Rio’s Sorel-Tracy plant in Quebec, Canada.

"We are delighted to be working with Rio Tinto,” said Blujay chief executive Roderick McIllree.

“This summer one of the key-outcomes will be the delivery of a large bulk-sample to the Sorel-Tracy plant. We believe that the ilmenite from Dundas will prove to be a very valuable material for the Sorel-Tracy plant operation and believe that the experience and expertise from Rio Tinto will provide an opportunity for technological and economic optimization.”

[waldron] 28/5/2019 07:12

cheers ted

u2

[podgyted] 28/5/2019 05:53

Iron ore continues to rise.



RIO currently up 1.7% in Oz following a 1.8% rise on Monday - should mean a very strong start in London.

Have a profitable day.

[waldron] 27/5/2019 16:53

Gold COMEX 1,284.40 +0.06%
Silver COMEX 14.56 +0.00%
Copper COMEX 2.71 +0.44%
Brent Crude Oil NYMEX 69.76 +1.56%
Gasoline NYMEX 1.94 +1.29%
Natural Gas NYMEX 2.58 -1.30%

hoping for a move up tomorrow

[turvart] 27/5/2019 12:43

Choose your music for the open tomorrow, mines going to be Scream and shout by Will I am, because during the video he has flashes with a King crown and that's me the King when this hits 5600.

[florenceorbis] 27/5/2019 12:11

podgyted
27 May '19 - 11:53 - 188 of 188



For what makes RIO "tick" I prefer to look at the profitability from the segments.

This is massively skewed towards iron ore, more so than looking at revenue, using underlying EBITDA from 2018 results presentation:-

Aluminium $3.1bn 17%
Copper & Diamonds $2.8bn 15%
Energy & Minerals $1.3bn 7%
Iron ore $11.3bn 61%

What's good for iron ore is good for RIO.iron ores (43.6%)


CHEERS

too true ted

interesting to know the potential percentage for 2019 thru to end of 2020

[podgyted] 27/5/2019 11:53

For what makes RIO "tick" I prefer to look at the profitability from the segments.

This is massively skewed towards iron ore, more so than looking at revenue, using underlying EBITDA from 2018 results presentation:-

Aluminium $3.1bn 17%
Copper & Diamonds $2.8bn 15%
Energy & Minerals $1.3bn 7%
Iron ore $11.3bn 61%

What's good for iron ore is good for RIO.

[florenceorbis] 27/5/2019 09:49

Business Summary
Logo Rio Tinto
Rio Tinto is one of the world's leaders in mining research, prospecting and operating. Net sales (including intragroup) break down by family of products as follows:

- iron ores (43.6%): 271.3 Mt produced in 2017;

- aluminum (26.3%): 50.8 Mt of bauxite, 8.1 Mt of alumina and 3.5 Mt of aluminum produced;

- coal and industrial minerals (18.4%): coal (23.7 Mt produced), titanium dioxide pigments (1,315 Kt produced), borates (517 Kt produced) and salts (5.1 Mt produced) ;

- copper and diamonds (11.6%): 478.1 Kt of copper produced and 21.6 million karat of diamonds produced;

- other (0.1%): gold, silver, zinc and molybdenum.

Net sales are distributed geographically as follows: the United Kingdom (1.1%), Europe (7.5%), China (44.2%), Japan (11.7%), Asia (12.8%), the United States (14.3%) , Canada (2.8%), Australia (1.8%) and other (3.8%).

[turvart] 27/5/2019 09:44

Do you lot realise I've only got to do 958 points within 12 months! This is actually achievable with the new iron ore prices.