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| Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
|---|---|---|---|---|---|
| Rio Tinto Plc | LSE:RIO | London | Ordinary Share | GB0007188757 | ORD 10P |
| Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
|---|---|---|---|---|---|---|---|---|---|---|
| 25.00 | 0.46% | 5,467.00 | 5,464.00 | 5,466.00 | 5,499.00 | 5,447.00 | 5,475.00 | 1,971,631 | 16:35:30 |
| Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
|---|---|---|---|---|---|
| Miscellaneous Metal Ores,nec | 54.86B | 10.06B | 6.1815 | 8.84 | 88.94B |
From May 2022 to May 2024
By Rhiannon Hoyle
Rio Tinto PLC on Wednesday said it intends to form a joint venture with China Baowu Steel Group Corp. Ltd. to develop the $2-billion Western Range iron-ore project in Australia's Pilbara region.
Rio Tinto said it will own 54%, and Baowu 46%, of the joint venture that will develop the 25-million-metric-ton a year project. Rio Tinto's share of the cost would be $1.3 billion, which is already included in its capital expenditure guidance for the next two years, the company said.
Write to Rhiannon Hoyle at rhiannon.hoyle@wsj.com
(END) Dow Jones Newswires
September 13, 2022 19:43 ET (23:43 GMT)
Copyright (c) 2022 Dow Jones & Company, Inc.
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