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-5.45970735968056E-05 0.00043677658877491 -0.000218388294387377 -0.000545970735968521 -0.00174710635509933 0.0018563005022931 0.00545970735968552 0.00545970735968552
Stock impact report

Rio Tinto's Aluminum Offer Just Jumped [Yahoo! Finance]

Rio Tinto Plc (RIO) 
US:NYSE Investor Relations: riotinto.com/investors-87.aspx
Company Research Source: Yahoo! Finance
This article first appeared on GuruFocus Rio Tinto ( NYSE:RIO is asking Japanese buyers to pay a much higher premium for aluminum shipments next quarter, highlighting how rising geopolitical tensions are starting to ripple through global metals markets. According to Bloomberg, the mining giant has offered aluminum for April to June delivery at a premium of $350 per metric ton. That's a sharp 79% increase from the current quarter and the highest quarterly premium Japanese buyers have seen since 2015. Warning! GuruFocus has detected 9 Warning Signs with RIO. Is RIO fairly valued? Test your thesis with our free DCF calculator. The surge is largely tied to growing supply concerns linked to the escalating Middle East conflict. With the Strait of Hormuz effectively shut, shipments of key raw materials have been disrupted, forcing some aluminum producers in the region to scale back output. The Middle East accounts for roughly 9% of global aluminum production, so any disruption the Show less Read more
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