Does anyone have any thoughts they'd like to share on RIO v BHP with regards to China moving forward. I note that China are desperately seeking to reduce their reliance on Australian and Brazilian mined IO (whether they can achieve this to their desired extent is questionable at best) with domestic production and increased investment in companies and projects outside of these two countries. I have heard that RIO have very heavy Chinese investment and are looking to invest/partner further in potential RIO IO assets in Africa (Simandou).
I would imagine in the current geopolitical climate RIO would be a safer bet?!
Thanks
Juukan Gorge Demolition, page-453
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$113.99 |
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Mkt cap ! $42.31B | |||
| Open | High | Low | Value | Volume |
| $113.88 | $114.63 | $113.30 | $262.1M | 2.267M |
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| No. | Vol. | Price($) |
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| 3 | 3007 | $113.98 |
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| Price($) | Vol. | No. |
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| $114.11 | 19 | 1 |
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| Last trade - 16.10pm 19/07/2024 (20 minute delay) ? |
| RIO (ASX) Chart |