Rio Tinto Share Discussion Threads

[blackhorse23] 27/11/2023 14:36

Money moving to PFC

[craftyale] 23/11/2023 05:45

A couple of articles on the continuing Iron Ore run..........here's part of one, note price above 137 PT now ........Contrasting this bearish view on lithium, the iron ore market is experiencing near-record stock levels following Fortescue Metals Group (OTC:FSUGY)'s (FMG) annual general meeting (AGM). Iron ore demand has surged, pushing prices to $134 per tonne. This increase is largely driven by prospects of Chinese economic stimuli. The positive sentiment extends to other major miners such as BHP and Rio Tinto (NYSE:RIO).

[m0g] 22/11/2023 09:38

Massive capex on an underground copper mine, land locked between Russia and China for me.

Either country could wipe this out, bit like HSBC with China

Otherwise great company

[tuftymatt] 22/11/2023 09:07

I know the divi isn't what it was but for me RIO has to be right up there in terms of a solid long term buy and hold.

If you can add on dips, which always present themselves, then what's not to like from this solid global player.

Good luck all 👍🏻

[podgyted] 21/11/2023 20:43

Might sound like a broken record crafty, but you're right.

H2 for Rio (and BHP/AAL/VALE) will get a massive boost from the iron ore price.

Market way too focused on the copper price as an indicator of the health of the major diversified miners.

[craftyale] 21/11/2023 05:13

Rio Aud had a good day also.

[craftyale] 21/11/2023 05:12

Not wanting to sound like a broken record but Iron Ore keeps climbing. Should be a good day.

[tuftymatt] 16/11/2023 08:13

Yes RIO is really starting to wake up now and a repeat of what happened in late 22 / early 23 does seem possible!!

Good luck all 👍🏻

[craftyale] 16/11/2023 08:10

Approaching 18 month highs for Iron Ore. Markets are somewhat buoyant now. Could be a reasonable run to year end.

[eggbaconandbubble] 15/11/2023 18:45

Bit of a disappointing afternoon performance after a very bouyant morning.

[craftyale] 13/11/2023 07:40

Iron Ore still increasing. Come on Rio.

[craftyale] 06/11/2023 13:50

Iron Ore making headway. Highest since March and trending up. Good run to Christmas would be nice

[frogkid] 03/11/2023 08:02

Do you mean 5410! ?

[turvart] 03/11/2023 07:28

I sold out to early at 5258, bummer!

Looking to enter again at 5140 with limit order set.

[blackhorse23] 27/10/2023 12:18

Best dividend ratio atm GATC

[texaschaser] 26/10/2023 17:48

I think you have summed it up Flipper.

A hole with a liar on top is a bit strong but you can see where he is coming from. I for one am hoping we can expand our gold mining activities without blowing millions more on huge projects that no major is interested in.

[eggbaconandbubble] 25/10/2023 10:03

Is the positive share price caused by a flight to safety?

[spud] 25/10/2023 09:35

Rio Tinto has appointed James "Joc" O'Rourke as a non-executive director with effect from 25 October 2023. Mr O'Rourke, a dual Canadian / Australian national, will therefore stand for election at the annual general meetings of the Company in 2024.Mr O'Rourke has more than 25 years' experience across the mining and minerals industry. He has been the chief executive officer of The Mosaic Company, the world's leading integrated producer and marketer of concentrated phosphate and potash, since 2015. He also served as President of Mosaic until recently and previously held roles including Executive Vice President of Operations and Chief Operating Officer.Before joining Mosaic, Mr O'Rourke was President of Australia Pacific for Barrick Gold Corporation, where he led ten gold and copper mines in Australia and Papua New Guinea. He currently serves as an Independent Non-Executive Director of The Toro Company (NYSE) and the Weyerhauser Company (NYSE).spud

[craftyale] 25/10/2023 06:54

Anyone else been topping up below 50? Would like to see 65 again though ;)

[philanderer] 24/10/2023 11:11

Barclays raises Rio Tinto to 'overweight' (equal weight) - price target 6,300 pence

[scobak] 18/10/2023 18:47

JPM really know how to live dangerously. Right at the cutting edge.

[philanderer] 18/10/2023 09:58

RBC raises Rio Tinto price target to 5,100 (4,800) pence - 'sector perform'

JPMorgan cuts Rio Tinto price target to 6,170 (6,200) pence - 'neutral'

[eggbaconandbubble] 17/10/2023 19:52

Was this a bigger drop than normal (before it corrected)?

It was in line with the drop in others miners as per philanderer