- Barrons.com•1 hour ago
Shares in Australian miners BHP Billiton (BHP.AU) and Rio Tinto (RIO.AU) are up Tuesday morning, defying a weak lead from Wall Street and a slide in iron ore prices to a two-month low. Iron ore fell 4% overnight to around $80 a tonne amid concerns the growing stockpiles of the steel making ingredient at Chinese ports will weigh on prices. There is more than 60 days worth of iron ore warehoused at China's ports.
- Barrons.com•2 hours ago
Iron ore prices slipped nearly 8% last week, AB notes in its weekly missive, and today shares of metals producers are taking a big tumble. Bernstein’s Paul Gait, Marion de Floris and Jonathan Absolon review what happened last week: “The commodities/mining weekly see-saw continued last week, as the majority of our stocks closed down 3-5% on concerns over U.S. infrastructure spending and Chinese credit following the strong rally the previous week. The standout, however, was Ivanhoe, which was up 10.1% on the week at the time of writing having announced exciting new drill results from the DRC earlier in the week.
- Investopedia•16 hours ago
EPA chief Scott Pruitt told ABC that President Trump is set to sign an order undoing the Obama administration’s plan to curb global warming.
RIO : Summary for Rio Tinto Plc Common Stock - Yahoo Finance
Rio Tinto plc (RIO)
NYSE - NYSE Delayed Price. Currency in USD
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|Day's Range||39.45 - 40.32|
|52 Week Range||26.38 - 47.11|
Trade prices are not sourced from all markets
|PE Ratio (TTM)||15.76|
|Dividend & Yield||1.70 (4.17%)|
|1y Target Est||N/A|