RIOD Stock Price and Chart — BCBA:RIOD

Key facts today

Rio Tinto's stock increased by 0.91% to 5,891.00p, contributing positively to the performance of miners on the FTSE 100 amid expectations of US interest rate cuts and rising geopolitical tensions.

Chinese mills are boosting purchases of Rio Tinto's Pilbara fines amid tight supply from BHP, driving up iron ore prices on the Dalian Commodity Exchange.

Rio Tinto awarded a construction contract valued at nearly A$250 million ($165.30 million) to Monadelphous Group for the Brockman Syncline 1 iron ore development in Pilbara.

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About Rio Tinto plc

Rio Tinto Plc engages in the exploration, mining, and processing of mineral resources. It operates through the following business segments: Iron Ore, Aluminium, Copper, and Minerals. The Iron Ore segment supplies iron ore mining and salt and gypsum production. The Aluminium segment produces bauxite, alumina and primary aluminum. The Copper segment offers gold, silver, molybdenum and other by-products. The Minerals includes businesses with products such as uranium, borates, salt and titanium dioxide feedstock together with coal operations. The Other Operations segment covers the curtailed Gove alumina refinery and Rio Tinto Marine operations. The company was founded in 1873 and is headquartered in London, the United Kingdom.

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