China Could Hinder BHP's Bid to Become Copper's Top Producer [Yahoo! Finance]
Rio Tinto Plc (RIO)
US:NYSE Investor Relations:
riotinto.com/investors-87.aspx
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Source: Yahoo! Finance
Most Read from Bloomberg Javier Milei Fuels Wild Rally That Makes Peso No. 1 in World US Economy Slows and Inflation Jumps, Damping Soft-Landing Hopes Plunging Home Prices, Fleeing Companies: Austin's Glow Is Fading Malaysia in Talks With Tycoons on Casino to Revive $100 Billion Forest City Huawei's New Phone Runs Latest Version of Made-in-China Chip A takeover of Anglo American Plc. would catapult BHP into the top spot for copper producers, with 10% or more of the world's output. That could be a red flag for Beijing, which has long bemoaned China's weak purchasing power against the miners that dominate trade in raw materials. “This may invite close scrutiny from a competition perspective, specifically China's smelting industry,” Bloomberg Intelligence analysts Grant Sporre and Alon Olsha wrote in a note. The deal comes just as Chinese copper processors are struggling to turn a profit on supplies from miners like BHP. China's State Administration For Market Regulation
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News
- IG ASIA Acquires Majority Interest in the Pribrezhniy Porphyry Copper Deposit in the Republic of Kazakhstan [Yahoo! Finance]Yahoo! Finance
- Rio Tinto Group (NYSE: RIO) was upgraded by analysts at StockNews.com from a "buy" rating to a "strong-buy" rating.MarketBeat
- Element Resources Acreage Lease at Rio Tinto U.S. Borax California Operations [Yahoo! Finance]Yahoo! Finance
- WESTERN COPPER AND GOLD ANNOUNCES EXERCISE OF PARTICIPATION RIGHT IN FULL BY RIO TINTO [Yahoo! Finance]Yahoo! Finance
- China Could Hinder BHP's Bid to Become Copper's Top Producer [BNN Bloomberg (Canada)]BNN Bloomberg
RIO
Analyst Actions
- 3/5/24 - Liberum Capital
RIO
Sec Filings
- 4/16/24 - Form SD
- 2/27/24 - Form IRANNOTICE
- RIO's page on the SEC website