Rio Tinto Share Discussion Threads

[poikka] 24/7/2019 09:33

The chart has it, the chart has it, as the Speaker might say.

This is so odd (to me): the IMF talking about global growth of 3.3%'ish, but loads of signs telling us that parts of the world are in a downturn, or stagnating.

Still hedging my bets.

[podgyted] 24/7/2019 07:07

It would be nice if he was right:-



Down 2.1% in Oz.

[waldron] 23/7/2019 16:52

Iron Ore 120.42 USD 0.41(0.34%)
Gold COMEX 1,420.80 -0.43%
Silver COMEX 16.42 +0.02%
Platinum NYMEX 856.90 +0.49%
Copper COMEX 2.70 -0.84%
Brent Crude Oil NYMEX 63.11 -0.24%
Gasoline NYMEX 1.80 +0.74%
Natural Gas NYMEX 2.28 -0.74%
(WTI) 56.19 USD +0.16%

Rio Tinto
4,840.5 +0.47%


Bhp
2,044 +0.66%


Anglo American
2,262.5 +1.00%


Glencore
275.9 +1.32%

[waldron] 23/7/2019 08:09

HAVE A GOOD ONE TED

[podgyted] 23/7/2019 07:10

Not the time to buy Rio :-



Rio down 0.5% in Oz

[waldron] 22/7/2019 16:51

Iron Ore 120.01 USD -0.98(-0.82%)
Gold COMEX 1,427.50 +0.06%
Silver COMEX 16.41 +1.33%
Platinum NYMEX 851.10 -0.12%
Copper COMEX 2.73 -0.84%
Brent Crude Oil NYMEX 63.24 +1.23%
Gasoline NYMEX 1.80 +0.22%
Natural Gas NYMEX 2.29 +2.65%
(WTI) 56.16 USD +0.12%


Rio Tinto
4,822.5 -0.59%


Bhp
2,028.5 +0.00%


Anglo American
2,243 +0.40%

Glencore
272.4 +0.06%

[podgyted] 22/7/2019 15:06

For those who like detail:-



Vale seem happy that they are getting back to normal.

Initially down 0.7% in the US (first 15 mins).

[maywillow] 22/7/2019 11:43

4INTEREST ONLY

[poikka] 22/7/2019 10:45

Shows that they've got a sense of humour, lol.

I know I've been banging on about a downturn, but one thing the Chinese do not want is discontent: out of work steel workers not good. Moving their economy up a gear and away from infrastructure is going slowly, apparently.

[podgyted] 22/7/2019 10:19

Seems to be a historic issue:-



China charging another country with dumping ?!?!

[poikka] 22/7/2019 10:17

Shifted some of my mining holdings into BRWM. Not a great record, but they're shifting more into gold, now some 21%, and that's a bit of a hedge for me in these times. There's also a near 5% yield.

[poikka] 22/7/2019 08:42

From 626, "China said on Monday it will impose anti-dumping duties on some stainless steel products imported from the European Union, Japan, South Korea and Indonesia."

Wonder what that's about. Sending a message to the US? Seems a bit odd - to me.

[poikka] 21/7/2019 22:06

Nice article, podgy, musical chairs time approaching.

[podgyted] 21/7/2019 10:55

How long will the boom last????????????????

[waldron] 19/7/2019 17:08

Iron Ore 120.99 USD 0.12(0.10%)
Gold COMEX 1,428.40 +0.02%
Silver COMEX 16.17 -0.17%
Platinum NYMEX 850.90 +0.12%
Copper COMEX 2.75 +1.35%
Brent Crude Oil NYMEX 62.02 +0.15%
Gasoline NYMEX 1.79 -0.06%
Natural Gas NYMEX 2.22 -1.90%
(WTI) 55.05 USD -1.10%



Rio Tinto
4,851 +1.49%

Bhp
2,028.5 +1.57%

Anglo American
2,234 +2.27%

Glencore
272.25 +0.96%

[la forge] 19/7/2019 07:18

Thanks ted

beautiful here on the french swiss border

sunny with a hint of freshness

enjoy your day and weekend too

[poikka] 18/7/2019 21:32

So basically, demand staying strong but supply increasing.

From podgy's 614

"The Baltic Exchange’s main sea freight index, which tracks rates for ships ferrying dry bulk commodities, rose on Wednesday, extending gains for a seventh straight session amid strong demand for vessels that ship iron ore from Brazil."

Maybe signals more Brazilian ore on the market, or ships not in the right place, or both. Once got a hefty increase in freight rate, above that quoted by brokers, for coal from S. Africa, purely because of lack of ships.

I see that Vale's German dam inspectors kept shtum about dam liquefication, months before it collapsed with disastrous consequences. Hope the right people get sorted.

[poikka] 18/7/2019 17:38

Thought not.

[waldron] 18/7/2019 16:51

Iron Ore 120.87 USD -0.27(-0.22%)
Gold COMEX 1,427.30 +0.28%
Silver COMEX 16.18 +1.28%
Platinum NYMEX 850.70 +0.42%
Copper COMEX 2.71 -0.37%
Brent Crude Oil NYMEX 61.81 -2.91%
Gasoline NYMEX 1.78 -2.78%
Natural Gas NYMEX 2.25 -1.19%
(WTI) 54.96 USD -2.81%


Rio Tinto
4,780 -1.97%

Bhp
1,997 -1.82%

Anglo American
2,186.5 -0.75%


Glencore
270.05 -0.31%